| 摘要 | 第1-4页 |
| Abstract | 第4-7页 |
| 1. INTRODUCTION | 第7-11页 |
| ·Background and Research Questions | 第7-9页 |
| ·Organization of the Study | 第9-11页 |
| 2. LITERATURE REVIEW | 第11-21页 |
| ·IPO pricing mechanisms: An introduction | 第11-12页 |
| ·IPO pricing mechanisms and underpricing | 第12-13页 |
| ·International evidence of IPO underpricing and Pricing mechanisms | 第13-18页 |
| ·Chinese Evidence: Efficiency of Chinese IPO pricing mechanisms | 第18-21页 |
| 3. OVERVIEW OF IPO PRICING MECHANISMS AND IPO UNDERPRICING LEVELS IN CHINA | 第21-25页 |
| ·Overview of IPO pricing mechanisms in China | 第21-23页 |
| ·Overview of IPO underpricing levels in China | 第23-25页 |
| 4. COMPARISON OF BOOK-BUILDING AND FIXED PRICE METHODS IN CHINA | 第25-33页 |
| ·Sample and data | 第25-26页 |
| ·Hypotheses and variables | 第26-27页 |
| ·Data descriptions | 第27-31页 |
| ·Regression analysis | 第31-32页 |
| ·Conclusion | 第32-33页 |
| 5. REASONS WHY BOOK-BUILDING IS MORE EFFICIENT OR NOT | 第33-55页 |
| ·Hypotheses and variables | 第33-38页 |
| ·Data descriptions | 第38-44页 |
| ·Regression analysis | 第44-53页 |
| ·Conclusion | 第53-55页 |
| 6. CONCLUSION | 第55-59页 |
| Acknowledgment | 第59-60页 |
| Reference | 第60-61页 |
