Abstract Based on the regression analysis and comparative analysis of 515 A-share companies that went public through IPOs at both Shanghai and Shenzhen Stock Exchanges in China during 2007-2010,the investigated into the relationship among political connection,accounting conservatism and IPO under-pricing.The results show that accounting conservatism is positively related to the magnitude of IPO under-pricing;investors can see into the real status of the enterprise and offer enterprise with accounting conservatism higher price;IPO enterprises with political connection are often with lower level of accounting conservatism but the influence of political connection on accounting conservatism is insignificant.
2015, Vol. 32 
