声明
CHAPTER-1 INTRODUCTION
1.1Background of the Study
1.2Problem Statement
1.3Research Aims and Objectives
1.4Scope and Significance of the Research
1.5Chapter Scheme
CHAPTER-2 REVIEW OF LITERATURE
2.1Initial public offerings
2.1.1Peculiarities of the Russia equity market
2.1.2Theories of an IPO underpricing
2.2Board of directors
2.2.1The Role of the Board of Directors in Corporate Governance
2.2.2Features of the board of directors on a literature review
2.2.3Corporate governance mechanisms in Russia
2.3Summary of chapter
CHAPTER-3 EMPIRICAL ANALYSIS OF THE IMPACT OF BOARD OF DIRECTORS ON IPO UNDERPRICING IN RUSSIAN COMPANIES
3.1Hypothesis development
3.1.1 Independency
3.1.2Experience of directors
3.1.3 Tenure
3.1.4 Multiple directorships
3.1.5 Citizenship
3.1.6 Ownership
3.2 Methodology
3.3Regression model and variables
3.4Data sample
3.5Descriptive statistics
3.6Summary of chapter
CHAPTER-4 REGRESSION ANALYSIS RESULTS AND DISCUSSION
4.1Regression analysis results
4.2Discussion of results
4.3Summary of chapter
4.4Robustness tests
CHAPTER-5 CONCLUSION ANDFUTURE WORK
5.1. Conclusion
5.2Study limitation
5.3 Recommendations
致谢
参考文献
Appendix
