The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership

This research is motivated to explore whether the existence of structured warrants creates any value to its underlying firms in both short-run and long-run based on the Malaysian structured warrants market. The time frame of this study covers year 2006 until 2014. In order to gauge the short-run imp...

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Main Author: Yip, Yen Yen
Format: Thesis
Language:English
Published: 2017
Subjects:
Online Access:http://eprints.usm.my/45506/1/YIP%20YEN%20YEN.pdf
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author Yip, Yen Yen
author_facet Yip, Yen Yen
author_sort Yip, Yen Yen
collection USM
description This research is motivated to explore whether the existence of structured warrants creates any value to its underlying firms in both short-run and long-run based on the Malaysian structured warrants market. The time frame of this study covers year 2006 until 2014. In order to gauge the short-run impact, the analysis concerning the impact of structured warrants listing on the behaviour of its underlying stocks is performed based on the event study and dummy variable methodology. The findings reveal that the return of the underlying stocks has increased significantly surrounding the event of structured warrants listing, however, no abnormal return is being detected.
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spelling usm.eprints-455062019-09-20T01:23:47Z http://eprints.usm.my/45506/ The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership Yip, Yen Yen HD28-70 Management. Industrial Management This research is motivated to explore whether the existence of structured warrants creates any value to its underlying firms in both short-run and long-run based on the Malaysian structured warrants market. The time frame of this study covers year 2006 until 2014. In order to gauge the short-run impact, the analysis concerning the impact of structured warrants listing on the behaviour of its underlying stocks is performed based on the event study and dummy variable methodology. The findings reveal that the return of the underlying stocks has increased significantly surrounding the event of structured warrants listing, however, no abnormal return is being detected. 2017-07 Thesis NonPeerReviewed application/pdf en http://eprints.usm.my/45506/1/YIP%20YEN%20YEN.pdf Yip, Yen Yen (2017) The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership. PhD thesis, Universiti Sains Malaysia.
spellingShingle HD28-70 Management. Industrial Management
Yip, Yen Yen
The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership
title The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership
title_full The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership
title_fullStr The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership
title_full_unstemmed The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership
title_short The Effects Of Structured Warrants On Firm Performance In Malaysia: The Role Of Institutional Ownership
title_sort effects of structured warrants on firm performance in malaysia the role of institutional ownership
topic HD28-70 Management. Industrial Management
url http://eprints.usm.my/45506/1/YIP%20YEN%20YEN.pdf
work_keys_str_mv AT yipyenyen theeffectsofstructuredwarrantsonfirmperformanceinmalaysiatheroleofinstitutionalownership
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