{"created":"2023-07-27T07:53:51.164297+00:00","id":29732,"links":{},"metadata":{"_buckets":{"deposit":"001d8a4e-7680-4d3a-a54a-012dfa70ddc5"},"_deposit":{"created_by":21,"id":"29732","owners":[21],"pid":{"revision_id":0,"type":"depid","value":"29732"},"status":"published"},"_oai":{"id":"oai:doshisha.repo.nii.ac.jp:00029732","sets":["4251:6485:6486:6487:9341","8:2210:2211:9339"]},"author_link":["24868","12269","21466"],"item_1693811493084":{"attribute_name":"出版タイプ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_1694490770713":{"attribute_name":"権利者情報","attribute_value_mlt":[{"nameIdentifiers":[{"nameIdentifier":"DA04066893","nameIdentifierScheme":"AID"}],"rightHolderNames":[{"rightHolderLanguage":"ja","rightHolderName":"同志社大学商学会"},{"rightHolderLanguage":"ja-Latn","rightHolderName":"Doshisha Daigaku Shogakkai"},{"rightHolderLanguage":"en","rightHolderName":"The Association of Commerce Doshisha University"}]}]},"item_1_biblio_info_14":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2023-06-30","bibliographicIssueDateType":"Issued"},"bibliographicIssueNumber":"1","bibliographicPageEnd":"55","bibliographicPageStart":"27","bibliographicVolumeNumber":"75","bibliographic_titles":[{"bibliographic_title":"同志社商学","bibliographic_titleLang":"ja"},{"bibliographic_title":"Doshisha Shogaku (The Doshisha Business Review)","bibliographic_titleLang":"en"}]}]},"item_1_description_12":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"Two problems are well-known in IPO research as \"IPO puzzles.\" First, an initial listing price is much higher than the offering price, or \"underpricing.\" Second, the share price becomes much lower than the offering price in the long-term, or \"long-term underperformance.\" Extensive research explains why these IPO puzzles coexist. Assuming that investors' opinions diverge, we conclude that even the offering price is distorted through strategic interaction between the entrepreneur and the underwriter. Specifically, the offering price is already \"overpriced.\" Hence, the share price will substantially decrease as information asymmetry is mitigated, which delivers long-term underperformance. Our experiment supports these conclusions.","subitem_description_language":"en","subitem_description_type":"Abstract"}]},"item_1_description_13":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"研究(Article)","subitem_description_language":"ja","subitem_description_type":"Other"}]},"item_1_description_25":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_1_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.14988/00029729","subitem_identifier_reg_type":"JaLC"}]},"item_1_publisher_15":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"同志社大学商学会","subitem_publisher_language":"ja"}]},"item_1_publisher_16":{"attribute_name":"出版者（英）","attribute_value_mlt":[{"subitem_publisher":"Doshisha Daigaku Shogakkai","subitem_publisher_language":"ja-Latn"},{"subitem_publisher":"The Association of Commerce Doshisha University","subitem_publisher_language":"en"}]},"item_1_relation_24":{"attribute_name":"関連サイト","attribute_value_mlt":[{"subitem_relation_name":[{"subitem_relation_name_language":"ja","subitem_relation_name_text":"掲載刊行物所蔵情報へのリンク ／ Link to Contents"}],"subitem_relation_type":"isFormatOf","subitem_relation_type_id":{"subitem_relation_type_id_text":"https://doors.doshisha.ac.jp/opac/opac_link/bibid/SB00960307/?lang=0","subitem_relation_type_select":"URI"}}]},"item_1_source_id_17":{"attribute_name":"ISSN","attribute_value_mlt":[{"subitem_source_identifier":"03872858","subitem_source_identifier_type":"PISSN"}]},"item_1_source_id_19":{"attribute_name":"書誌レコードID","attribute_value_mlt":[{"subitem_source_identifier":"AN00165609","subitem_source_identifier_type":"NCID"}]},"item_1_subject_27":{"attribute_name":"日本十進分類法","attribute_value_mlt":[{"subitem_subject":"335.44","subitem_subject_scheme":"NDC"}]},"item_1_text_8":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_language":"ja","subitem_text_value":"山本, 達司 / 同志社大学商学部教授"},{"subitem_text_language":"ja","subitem_text_value":"田口, 聡志 / 同志社大学商学部教授"},{"subitem_text_language":"ja","subitem_text_value":"三輪, 一統 / 大阪大学大学院経済学研究科准教授"}]},"item_1_text_9":{"attribute_name":"著者所属（英）","attribute_value_mlt":[{"subitem_text_language":"en","subitem_text_value":"Yamamoto, Tatsushi / Graduate School of Commerce, Doshisha University"},{"subitem_text_language":"en","subitem_text_value":"Taguchi, Satoshi / Graduate School of Commerce, Doshisha University"},{"subitem_text_language":"en","subitem_text_value":"Miwa, Kazunori / Graduate School of Economics, Osaka University"}]},"item_access_right":{"attribute_name":"アクセス権","attribute_value_mlt":[{"subitem_access_right":"open access","subitem_access_right_uri":"http://purl.org/coar/access_right/c_abf2"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"山本, 達司","creatorNameLang":"ja"},{"creatorName":"ヤマモト, タツシ","creatorNameLang":"ja-Kana"},{"creatorName":"Yamamoto, Tatsushi","creatorNameLang":"en"}],"nameIdentifiers":[{},{},{},{}]},{"creatorNames":[{"creatorName":"Taguchi, Satoshi","creatorNameLang":"en"},{"creatorName":"田口, 聡志","creatorNameLang":"ja"},{"creatorName":"タグチ, サトシ","creatorNameLang":"ja-Kana"}],"familyNames":[{},{},{}],"givenNames":[{},{},{}],"nameIdentifiers":[{},{},{},{},{}]},{"creatorNames":[{"creatorName":"三輪, 一統","creatorNameLang":"ja"},{"creatorName":"ミワ, カズノリ","creatorNameLang":"ja-Kana"},{"creatorName":"Miwa, Kazunori","creatorNameLang":"en"}],"nameIdentifiers":[{},{},{}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2023-07-11"}],"displaytype":"detail","filename":"017075010002.pdf","filesize":[{"value":"1.1 MB"}],"format":"application/pdf","licensetype":"license_11","mimetype":"application/pdf","url":{"label":"017075010002.pdf","url":"https://doshisha.repo.nii.ac.jp/record/29732/files/017075010002.pdf"},"version_id":"779d7948-f6bc-468f-a70d-199232a1664b"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"IPO puzzles","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"earnings management","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"experiment","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"behavioral finance","subitem_subject_language":"en","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"departmental bulletin paper","resourceuri":"http://purl.org/coar/resource_type/c_6501"}]},"item_title":"Are IPOs \"overpriced\"? : strategic interactions between the entrepreneur and the underwriter","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"Are IPOs \"overpriced\"? : strategic interactions between the entrepreneur and the underwriter","subitem_title_language":"en"}]},"item_type_id":"1","owner":"21","path":["9339","9341"],"pubdate":{"attribute_name":"PubDate","attribute_value":"2023-07-11"},"publish_date":"2023-07-11","publish_status":"0","recid":"29732","relation_version_is_last":true,"title":["Are IPOs \"overpriced\"? : strategic interactions between the entrepreneur and the underwriter"],"weko_creator_id":"21","weko_shared_id":-1},"updated":"2024-02-28T03:55:49.281848+00:00"}