Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely:  examine the relationship beten investment banks' initial public offering IPO market shares and their prior IPO underpricing in the new IPO market for China-based companies on the Hong Kong Stock Exchange. To gain expertise in Chinese business practices, investment banks have the incentive to obtain business in this new IPO market by providing high offer prices to the issuer, leading to less underpricing and less money on the table.  hypothesize and find that the less an investment bank underprices China-based company IPOs, the greater its subsequent market share of China-based company IPOs in the Hong Kong Stock Exchange. Furthermore, this relationship is driven by a bank's initial China-based company IPO deals. These results suggest that in new IPO markets, investment banks' initial market shares, obtained through lor underpricing, help them grow their market shares in later periods, possibly through the expertise gained in the initial business.#R##N##R##N# was accepted by Mary Barth, accounting.
['Simon Yu Kit Fung', 'Ferdinand A. Gul', 'Suresh Radhakrishnan']
I am writing a research paper on a idea Investment Banks' Entry into New IPO Markets and IPO Underpricing
[{"from": "human", "value": "I am writing a research paper on a idea Investment Banks' Entry into New IPO Markets and IPO Underpricing"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely:  examine the relationship beten investment banks' initial public offering IPO market shares and their prior IPO underpricing in the new IPO market for China-based companies on the Hong Kong Stock Exchange. To gain expertise in Chinese business practices, investment banks have the incentive to obtain business in this new IPO market by providing high offer prices to the issuer, leading to less underpricing and less money on the table.  hypothesize and find that the less an investment bank underprices China-based company IPOs, the greater its subsequent market share of China-based company IPOs in the Hong Kong Stock Exchange. Furthermore, this relationship is driven by a bank's initial China-based company IPO deals. These results suggest that in new IPO markets, investment banks' initial market shares, obtained through lor underpricing, help them grow their market shares in later periods, possibly through the expertise gained in the initial business.#R##N##R##N# was accepted by Mary Barth, accounting."}]