Effect of director interlocks, composition of board and family involvement on IPO underpricing: An empirical study of IPOs in India (Record no. 532831)
[ view plain ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 02111nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 260320b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Singh, Amit Kumar Rani, Prabha and Gour, Rinki |
| 245 ## - TITLE STATEMENT | |
| Title | Effect of director interlocks, composition of board and family involvement on IPO underpricing: An empirical study of IPOs in India |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Management and Labour Studies |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 50(4), Nov, 2025: p.532-549 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The subject of family firm initial public offering (IPOs) remains an under-researched area, with most research papers focusing on developed nations. This study provides empirical evidence on the relationship between IPO underpricing, director interlocks, composition of board and family involvement in family and non-family firm IPOs in India. By linking IPO underpricing to relatively understudied aspects of corporate governance in India’s developing economy, the current empirical study contributes to the body of literature on IPOs. This study examines 266 mainboard IPOs listed on the BSE between 2010 and 2021, which includes 196 family business IPOs and 70 non-family business IPOs. The likelihood of IPO underpricing is predicted using a logistic regression model. Our result indicates that insider interlocks and the presence of independent directors significantly reduce IPO underpricing in non-family firms, while the involvement of family has a significant negative effect on underpricing in family firms. Additionally, the presence of women directors significantly reduces IPO underpricing in both types of firms. Our findings suggest that family firm IPOs experience lower levels of underpricing compared to non-family firm IPOs.-Reproduced https://journals.sagepub.com/doi/full/10.1177/0258042X251336527?_gl=1*muljb9*_up*MQ..*_ga*MTM0MjcwMzkzNy4xNzczOTk3MzAx*_ga_60R758KFDG*czE3NzM5OTczMDEkbzEkZzAkdDE3NzM5OTczMDEkajYwJGwwJGgzNDA3MzcwMDA. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Director interlocks, Family involvement, Logistic regression, Initial public offering (IPO) underbracing family firm IPO, |
| 9 (RLIN) | 59820 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | Management and Labour Studies |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2026-03-20 | 50(4), Nov, 2025: p.532-549 | AR138350 | 2026-03-20 | Articles |