Replication documentation for "Does Underwriter Digitalization Enhance IPO Pricing Efficiency?"

This dataset provides replication documentation for the empirical analyses in “Does Underwriter Digitalization Enhance IPO Pricing Efficiency?” The package includes a replication guide, variable dictionary, data source documentation, sample screening rules, policy shock classification file, and text-based digitalization measure construction files. Due to licensing restrictions, raw data from proprietary databases such as CSMAR, WIND, and CNRDS cannot be redistributed.

Researchers with authorized access to these databases and public disclosure sources can use the documentation to reconstruct the analysis sample and replicate the empirical procedures.