Factors influencing the underpricing of initial public offerings in an emerging market: Malaysian evidence
By using 70 initial public offerings (IPOs) in the period 1992 to 1998, it is found that company size, indigenous population ownership and substantial shareholder losses are significant in explaining the variation of IPOs’ underpricing.Large companies are associated with providing higher discount on...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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The International Islamic University Malaysia
2004
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/15410/1/102-169-1-SM.pdf |