How Companies Value Stock Prices After Going Public: Evidence from Emerging Pakistan economy

The purpose of this study is to estimate the accuracy and authenticity of valuation methods used by underwriters to set preliminary offer price. This study uses complete universe of all newly listed companies during 2000 to 2015 on Pakistan Stock Exchange. We analyzed the determinants of the Initial...

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Bibliographic Details
Main Authors: Muhammad Aamir, Hafiz Muhammad Nadeem, Khawer Naheed, Allah Bakhsh Khan
Format: Article
Language:English
Published: CSRC Publishing 2018-06-01
Series:Journal of Accounting and Finance in Emerging Economies
Subjects:
Online Access:https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/338