Document Type
Working Paper
Abstract
Earnings Management by finns has been recognized by a stream of literature (Teoh et al, 1998) as a major contributory factor to the short run over perfonnance and long run under perfonnance of Initial Public Offerings (IPOs).This paper outlines the methodology and the key research questions to be adopted for studying Earnings Management for Indian IPOs. The study tries to outline how to empirically test the relationship of the accounting concept of Earnings Management with the Finance concept of IPO under pricing. In particular it seeks to find out whether there is evidence in the Indian markets about earnings management during IPOs and if so then the impact of this phenomenon on the first day prices of the shares offered during IPOs in India. Â
Publication Date
1-4-2009
Publisher
Indian Institute of Management Bangalore
Pagination
27p.
Recommended Citation
Pande, Alok, "Studying earnings management in initial public offerings (IPOS) and its impact on IPO pricing in India" (2009). Working Papers. 284.
https://research.iimb.ac.in/work_papers/284
Relation
IIMB Working Paper-284
