経営課題にAIを!ビジネスインフォマティクス研究会 (第14回)
JSAI Special Interest Group on Business Informatics (SIG-BI #14)

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Evaluation of IPO offering price using patent document vectors
111

1Shohei FUJIWARA1, Yusuke MATSUMOTO1, Aiko SUGE1 and Hiroshi TAKAHASHI1
1
1Graduate School of Business Administration, Keio University

Abstract: There are many previous studies on IPO open prices. In particular, underpricing,where the public price is lower than the initial price, is an important issue from themanagement's point of view, as it causes loss of opportunity for issuers. Various hypotheses
about the cause of underpricing have been made by previous research. In this research, wefocus on the calculation of corporate value when determining the open price. Specifically,SCDV was created based on patent documents owned by the company. Next, a similar
company comparison method was performed by selecting similar companies based on thecreated document vectors, and the validity of the open price was attempted.

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経営課題にAIを!ビジネスインフォマティクス研究会 (第14回)
JSAI Special Interest Group on Business Informatics (SIG-BI #14)

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JSAI Special Interest Group on Business Informatics (SIG-BI #14)

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27-No. 9 pp. 33-42 (2009):-,(2019)