Ownership structure of IPO firms in Singapore and its implications on underpricing
In this paper, we examine how ownership structure affects underpricing from the year 1990 to 2002 by focusing on two aspects of the ownership structure – Pre-IPO (Initial Public Offering) ownership stakes and ownership concentration. Our results show that indeed, pre-IPO ownership stakes does affect...
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Published: |
2008
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/9354 |
| Summary: | In this paper, we examine how ownership structure affects underpricing from the year 1990 to 2002 by focusing on two aspects of the ownership structure – Pre-IPO (Initial Public Offering) ownership stakes and ownership concentration. Our results show that indeed, pre-IPO ownership stakes does affect underpricing. |
|---|