IPO 上市公司承销费用的影响因素摘 要论文从国内外研究现状出发，对前人的研究成果进行了简单的介绍，这些也是论文研究的理论基础。论文第二章重点介绍了当期收益理论和市场份额理论，从当期收益角度来说，承销商压低新股上市价格的程度越大越好，但从市场份额的角度来讲，新股上市前后股价差异过大会直接影响承销商的声誉，进而影响到其市场份额，最终影响到其经营状况。第三章是对 IPO 上市公司承销费用的分析，介绍了承销费用的组成，主要影响因素，并对一些主要影响因素进行了分析，这同时也是论文后期研究的基础。第四章在第三章的基础上进行了变量设定、研究假设、模型选择，介绍了样本的选择和数据来源。第五章是论文的重点部分，对论文的实证结果进行了描述性分析和独立 T 检验，第六章是全文的总结，对上述研究成果进行了归纳，并说明论文的不足之处及后期的主要研究方向。关键词：IPO 上市公司；承销商；影响因素Abstract This paper from the domestic and foreign research present situation, has carried on the simple introduction of previous studies, which is the theoretical basis. The second chapter focuses on the current income theory and market theory, from the current income perspective, the Underwriters holding down the price of the IPO degree bigger is better, but from a market perspective, price difference before and after the listing of new shares will directly influence the underwriter reputation, thus affect its market share, and ultimately affect the the operating status. The third chapter is the analysis of the IPO listing Corporation underwriting fee, introduces the underwriting fee, the main influencing factors, and to some main influence factors are analyzed, which is also the foundation of later research. In the fourth chapter, the third chapter on the basis of the variables, research hypothesis, model selection, the sample selection and data sources. The fifth chapter is the key part of the thesis, the empirical result of paper makes descr...
