"Empirick\u00E9 v\u00FDzkumy doch\u00E1z\u00ED k z\u00E1v\u011Bru, \u017Ee v\u011Bt\u0161inou existuje kladn\u00FD rozd\u00EDl mezi kurzem akci\u00ED vytvo\u0159en\u00FDm b\u011Bhem prvn\u00EDho dne obchodov\u00E1n\u00ED na sekund\u00E1rn\u00EDm trhu a emisn\u00EDm kurzem akci\u00ED p\u0159i IPO. Tato skute\u010Dnost, ve sv\u011Btov\u00E9 odborn\u00E9 literatu\u0159e ozna\u010Dovan\u00E1 term\u00EDnem underpricing, p\u0159edstavuje v sou\u010Dasn\u00E9 dob\u011B jedno z nejv\u00EDce diskutovan\u00FDch t\u00E9mat spojen\u00FDch s IPO. C\u00EDlem \u010Dl\u00E1nku je analyzovat dopad underpricingu na emituj\u00EDc\u00ED spole\u010Dnosti, resp. jejich akcion\u00E1\u0159e a popsat soudob\u00E9 teoretick\u00E9 p\u0159\u00EDstupy k vysv\u011Btlen\u00ED existence tohoto fenom\u00E9nu. P\u0159\u00EDsp\u011Bvek byl uskute\u010Dn\u011Bn za finan\u010Dn\u00ED podpory Grantov\u00E9 agentury \u010Cesk\u00E9 republiky v r\u00E1mci \u0159e\u0161en\u00ED grantov\u00E9ho projektu \u010D. 402/09/P134 s n\u00E1zvem %22Rozhodovac\u00ED model financov\u00E1n\u00ED podnik\u016F prost\u0159ednictv\u00EDm IPO%22."@cs . "13"^^ . "RIV/00216305:26510/09:PU83156!RIV10-GA0-26510___" . "Underpricing: fenom\u00E9n spojen\u00FD s realizac\u00ED IPO" . . "1"^^ . . "[789564677608]" . "Underpricing: fenom\u00E9n spojen\u00FD s realizac\u00ED IPO"@cs . "1"^^ . "Empirick\u00E9 v\u00FDzkumy doch\u00E1z\u00ED k z\u00E1v\u011Bru, \u017Ee v\u011Bt\u0161inou existuje kladn\u00FD rozd\u00EDl mezi kurzem akci\u00ED vytvo\u0159en\u00FDm b\u011Bhem prvn\u00EDho dne obchodov\u00E1n\u00ED na sekund\u00E1rn\u00EDm trhu a emisn\u00EDm kurzem akci\u00ED p\u0159i IPO. Tato skute\u010Dnost, ve sv\u011Btov\u00E9 odborn\u00E9 literatu\u0159e ozna\u010Dovan\u00E1 term\u00EDnem underpricing, p\u0159edstavuje v sou\u010Dasn\u00E9 dob\u011B jedno z nejv\u00EDce diskutovan\u00FDch t\u00E9mat spojen\u00FDch s IPO. C\u00EDlem \u010Dl\u00E1nku je analyzovat dopad underpricingu na emituj\u00EDc\u00ED spole\u010Dnosti, resp. jejich akcion\u00E1\u0159e a popsat soudob\u00E9 teoretick\u00E9 p\u0159\u00EDstupy k vysv\u011Btlen\u00ED existence tohoto fenom\u00E9nu. P\u0159\u00EDsp\u011Bvek byl uskute\u010Dn\u011Bn za finan\u010Dn\u00ED podpory Grantov\u00E9 agentury \u010Cesk\u00E9 republiky v r\u00E1mci \u0159e\u0161en\u00ED grantov\u00E9ho projektu \u010D. 402/09/P134 s n\u00E1zvem %22Rozhodovac\u00ED model financov\u00E1n\u00ED podnik\u016F prost\u0159ednictv\u00EDm IPO%22." . . "Meluz\u00EDn, Tom\u00E1\u0161" . "UNDERPRICING: PHENOMENON ASSOCIATED WITH IPO REALIZATION"@en . . "347572" . . "26510" . "IPO, underpricing,"@en . . . . "P(GP402/09/P134)" . . . "Underpricing in various international market is studied in the financial literature, and during the various periods analyzed it has been found that on average buying of shares in newly listed companies and their resale on the secondary market on the first day of negotiation generates a positive return. The aim of this paper is to analyze the impact of underpricing on issuers or their shareholders and to describe contemporary theoretical approaches to explaining of this phenomenon. The paper was written with the financial support of the Czech Science Foundation (Grant Agency of the Czech Republic), grant project No. 402/09/P134 %22Decision Model of Company Financing via IPO%22."@en . "CZ - \u010Cesk\u00E1 republika" . . "Underpricing: fenom\u00E9n spojen\u00FD s realizac\u00ED IPO" . . . . "RIV/00216305:26510/09:PU83156" . "UNDERPRICING: PHENOMENON ASSOCIATED WITH IPO REALIZATION"@en . "Underpricing: fenom\u00E9n spojen\u00FD s realizac\u00ED IPO"@cs . "III" . "TRENDY EKONOMIKY A MANAGEMENTU" . "1802-8527" . "04" .