The Second Prize :
'Effects of Institutional Investors’ Bidding Information on Offer Prices and Initial
Returns of IPOs'
Sung Wook Joh (Seoul National University)
Yoo-Hwan Kim (Meritz Securities Co., Ltd.)
Best Reviewer Award :
- Pi-Hsia Hung (National Chi Nan University)
- Hoyong Choi (Erasmus University
Manuscripts published in Volume 46 of Asia–Pacific Journal of Financial Studies were eligible
for the Best Paper Prize.