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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
CSRC Publishing
2018-06-01
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Series: | Journal of Accounting and Finance in Emerging Economies |
Subjects: | |
Online Access: | https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/338 |