THE EFFECTS OF PRICE STABILIZATION ON SHORT-TERM RETURNS OF IPOS

The Effects of Price Stabilization on Short-Term Returns of IPOs

During the price stabilization in IPOs the underwriter repurchases part of the Dice Sets issue (ASC for aftermarket short covering).Such activity raises question about its real purpose: to keep price artificially high and deceive investors, or avoid price fluctuation resulting from the initial flow of information and the action of flippers.Our anal

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How to evoke consumer approach intention toward VR stores? Sequential mediation through telepresence and experiential value

Abstract This study explores the roles of vividness and interactivity—two technological dimensions of virtual reality mediums—for consumers’ approach intention toward immersive virtual reality stores.In addition to telepresence, a well-established variable in explaining the effectiveness of virtual mediums, this study proposes experiential va

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