Supplement to 'Why Do IPO Auctions Fail?'

Abstract:     
This is Appendix D of the paper 'Why Do IPO Auctions Fail?' It contains information on IPO methods for 44 countries, including more details regarding our sources. We contacted stock exchanges and financial market regulators around the world, and also gathered information from academic sources and articles in the financial press. We focus on the three main IPO methods - book building, auctions and fixed price public offers - and organize the information for each country in terms of which methods are allowed, which are used and whether hybrids (combinations of two methods) are allowed or required.

Keywords: IPO methods, country-specific, auctions, book building, fixed price public offers

JEL Classifications: G24, G28, G32

Working Paper Series