Empirical study on the effects of promotions from SESDAQ to mainboard on investors' reaction, stock liquidity and riskiness.

Our study examines the type of market reaction to news of firms’ promotion from SESDAQ to Mainboard. We also seek to identify the reasons behind the market reaction. In our study, we find positive market reactions and also an increase in stock liquidity. However, there is no change in riskiness.

Bibliographic Details
Main Authors: Oh, Xunwen., Chia, Yee Sin., Kuan, Shu Wen.
Other Authors: Kwok, Branson Chi Hing
Format: Final Year Project (FYP)
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/9867