Performance of new issues: The Malaysian case
This paper examines the performance of new issues in Malaysia. Two aspects of performance were examined. Firstly whether there are any underpricing n Ihe prlcmg of new issues and secondly whether the market is efficient in pricing these shares. The result of this study showed an existence of underp...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
1989
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| Online Access: | http://journalarticle.ukm.my/7925/1/747-1425-1-SM.pdf |