英语翻译本文首先对国内外有关IPO抑价影响因素的研究成果进行了简要梳理.然后以股权分置改革为发生事件,分别选择了股权分置

In this paper,firstly it makes a more detailed review and comment of the study of foreign IPO underpricing’s theoretical model and then to equity division reform for the occurrence of events. Were selected before and after the split share reform in China IPO companies as samples, Including IPO price and the success rate. Influencing factors on A multiple regression analysis. Final conclusion is that the equity division reform did not reduce the level of IPO underpricing, we should further inquiry system to achieve reform.