The influences of director interlocks with public firms and presence of government holdings on IPO performances.
This study draws upon theories of board affiliations to examine the relationship between director interlocks and IPO performance of Singaporean firms. Specifically, we study how the quality of interlocks and government holdings influences the IPO performance of firms. Empirical tests were conducted...
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Format: | Final Year Project (FYP) |
Language: | English |
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2011
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Online Access: | http://hdl.handle.net/10356/43659 |
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author | Seah, Esmond Cheng Xin. Wong, Mabel Mei Ying. Yeo, Yuan Lun. |
author2 | Nanyang Business School |
author_facet | Nanyang Business School Seah, Esmond Cheng Xin. Wong, Mabel Mei Ying. Yeo, Yuan Lun. |
author_sort | Seah, Esmond Cheng Xin. |
collection | NTU |
description | This study draws upon theories of board affiliations to examine the relationship between director interlocks and IPO performance of Singaporean firms. Specifically, we study how the quality of interlocks and government holdings influences the IPO performance of firms. Empirical tests were conducted on over 190 public firms listed on the Singapore Stock Exchange (SGX) between the years 1994 and 2004. The results show that firms with director interlocks with public firms (listed on SGX) improve IPO performance, but not for interlocks with non public firms. In addition, firms with government holdings performed better than firms without government holdings. |
first_indexed | 2024-10-01T05:14:39Z |
format | Final Year Project (FYP) |
id | ntu-10356/43659 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T05:14:39Z |
publishDate | 2011 |
record_format | dspace |
spelling | ntu-10356/436592023-05-19T03:30:05Z The influences of director interlocks with public firms and presence of government holdings on IPO performances. The Inf[]uences] of director interlocks with public firms and presence of government holdings on IPO performances. Seah, Esmond Cheng Xin. Wong, Mabel Mei Ying. Yeo, Yuan Lun. Nanyang Business School Asda Chintakananda DRNTU::Business::Finance::Equity This study draws upon theories of board affiliations to examine the relationship between director interlocks and IPO performance of Singaporean firms. Specifically, we study how the quality of interlocks and government holdings influences the IPO performance of firms. Empirical tests were conducted on over 190 public firms listed on the Singapore Stock Exchange (SGX) between the years 1994 and 2004. The results show that firms with director interlocks with public firms (listed on SGX) improve IPO performance, but not for interlocks with non public firms. In addition, firms with government holdings performed better than firms without government holdings. BUSINESS 2011-04-18T03:43:16Z 2011-04-18T03:43:16Z 2011 2011 Final Year Project (FYP) http://hdl.handle.net/10356/43659 en Nanyang Technological University 35 p. application/pdf |
spellingShingle | DRNTU::Business::Finance::Equity Seah, Esmond Cheng Xin. Wong, Mabel Mei Ying. Yeo, Yuan Lun. The influences of director interlocks with public firms and presence of government holdings on IPO performances. |
title | The influences of director interlocks with public firms and presence of government holdings on IPO performances. |
title_full | The influences of director interlocks with public firms and presence of government holdings on IPO performances. |
title_fullStr | The influences of director interlocks with public firms and presence of government holdings on IPO performances. |
title_full_unstemmed | The influences of director interlocks with public firms and presence of government holdings on IPO performances. |
title_short | The influences of director interlocks with public firms and presence of government holdings on IPO performances. |
title_sort | influences of director interlocks with public firms and presence of government holdings on ipo performances |
topic | DRNTU::Business::Finance::Equity |
url | http://hdl.handle.net/10356/43659 |
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