Empirical Study on Regulatory Effect of National Economic Policy and Disclosure-Based System on Malaysian IPOs
In Malaysia, new issues are reported to be highly underpriced which subsequently led to oversubscription. Since underpricing in the Malaysia capital market has been unique with the regulatory effect (Ariff et.al.), this study extend regulatory intervention effect, namely the New Economic Policy (...
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Format: | Thesis |
Language: | English English |
Published: |
1999
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Online Access: | http://psasir.upm.edu.my/id/eprint/7936/1/GSM_1999_42_A.pdf |