The Influence of Underpricing to IPO Aftermarket Performance: Comparison between Fixed Price and Book Building System on the Indonesia Stock Exchange
This study discusses the IPO stock trading in Indonesia Stock Exchange in asymmetry information conditions between heterogen investors. Underpricing is a central issue in the IPO trading, where the price conditions were considered too low to below the market price. This condition is very detrimental...
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| Format: | Article |
| Language: | English |
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EconJournals
2017-12-01
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| Series: | International Journal of Economics and Financial Issues |
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| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32006/353529?publisher=http-www-cag-edu-tr-ilhan-ozturk |