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    The impact of governmental intervention on the association between initial public offering and future stock issuance by Dimitrios Gounopoulos, Yilmaz Guney, Jingsi Leng, Victoria Patsika

    Published 2020
    “…Our results confirm the process of underpriced IPOs in promoting earlier and larger SEOs in the Chinese context. The study examines three channels through which the Chinese government intervenes in equity issuance activities, namely state ownership, politically connected executives and economic development areas. …”
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