Yan, Chao; Wang, Jiaxin - In: China journal of accounting research : CJAR 14 (2021) 4, pp. 1-21
China's poor counties and investigate their IPO pricing and post-IPO performance. Contrary to the findings reported for the … for firms located in rural areas with poor traffic systems. We do not find significant market performance differences … between rural and urban firms after their IPOs, but the operating performance of rural firms improves in the short term. Our …