Research On Factors Affecting IPO Pricing Under Approve The System

This thesis mainly demonstrates the IPO pricing factors approve the system China stock market, and other related issues. To approve the system IPO pricing under financial factors analysis problems are analyzed and got some relevant research conclusion, based on these conclusions, and put forward some IPO issuance and pricing system reforming policy suggestions.The first part of this paper reviews the classical theory. The first chapter puts forward the research background,theoretical basis and literature review,research methods and research ideas, the second chapter is the first IPO Pricing Model and Influencing Factors.The second part was the main part of this paper,also the core part of the research content. The three chapter IPO authorized system and pricing financial factors were analyzed and empirical test, lists two problems, one is the IPO price of financial indicators with relations, it is with the company's IPO closing the relationship between financial indicators. The empirical results showed that the IPO issuance price and reaction profitability and growth of financial quotas on strategies of the company, can significantly associated with the value.The third part is the research conclusion, limitations and prospection, the forth and the fifth chapter of the results of the preceding chapters, and summarize research problems and insufficiency of the discussions, and finally put forward policy suggested and further research needs to be discussed with issues.