ScholarLens Back to search
2008•Guanli xuebaoRequires access

Study of Investor's Disposition Effect in China Using IPO Trading Volume

Jian Wang

Open publisher page 1 citations

Abstract

The disposition effect was studied using the market information published publically and the time characters of the disposition effect were tested.The results show that the disposition effect exists in Chinese investors,in which there are the differences in the time;the reference price of IPO is 1.5 times of the offering price;the economical environments can affect the disposition effect;and the investors express their stronger disposition effect when the environment is favorable.

About this research paper

What this paper is about

The disposition effect was studied using the market information published publically and the time characters of the disposition effect were tested.The results show that the disposition effect exists in Chinese investors,in which there are the differences in the time;the reference price of IPO is 1.5 times of the offering price;the economical environments can affect the disposition effect;and the investors express their stronger disposition effect when the environment is favorable.

Why it matters

OpenAlex reports 1 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

The disposition effect was studied using the market information published publically and the time characters of the disposition effect were tested.The results show that the disposition effect exists in Chinese investors,in which there are the differences in the time;the reference price of IPO is 1.5 times of the offering price;the economical environments can affect the disposition effect;and the investors express their stronger disposition effect when the environment is favorable.

Key concepts: Disposition effect, Disposition, Initial public offering, Affect (linguistics), Business, China, Monetary economics, Economics

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Study of Investor's Disposition Effect in China Using IPO Trading Volume — Research Paper | ScholarLens