NDLI: Analysis of influencing factors of IPO underpricing based on rough set and support vector machine

Content Provider	IEEE Xplore Digital Library
Author	Yao Kaohua Zhou Liwen
Copyright Year	2012
Description	Author affiliation: School of business administration, Hunan University, ChangSha, China (Yao Kaohua; Zhou Liwen)
Abstract	The high underpricing of IPO in our country has affected the healthy development of capital market, which decreases the function of resources allocation. In this paper, the main influencing factors of IPO underpricing are analyzed based on the attribute reduction of rough set theory by using the data of A-shares listing in Shenzhen Stock Exchange from 2007 to 2011. Then the support vector machine is used to test and verify the rationality and validity of the result of attribute reduction. The result shows that the factors such as the profitability, solvency, capital structure, development capacity of a company, the turnover rate on the first day of listing and the issue scale et al. have significant influence on IPO underpricing in China.
Starting Page	244
Ending Page	248
File Size	615910
Page Count	5
File Format	PDF
ISBN	9781467319324
e-ISBN	9781467319317
DOI	10.1109/ICIII.2012.6339964
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2012-10-20
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Profitability Estimation Attribute reduction Companies IPO underpricing Support vector machine MATLAB Rough set
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Analysis of influencing factors of IPO underpricing based on rough set and support vector machine