Conservatism and Initial Public Offerings (IPOs) Underpricing: An Audit Quality Perspective

Abbas Ali Daryaei; Pedram Azizi; Yasin Fattahi

Volume 6, Issue 4 , 2022, , Pages 125-159

  The purpose of this paper is to focus on examining the impact of conservatism on IPOs underpricing and then examine the role of audit quality as a moderating variable in the relationship between conservatism and IPOs. Based on financial-behavioral theories, analyses are conducted of data from a sample ...  Read More