Earnings forecasts errors in Malaysian IPO prospectuses: Evidence and explanations

This paper seeks to answer the questions concerning the current level of bias and accuracy associated with the IPO earnings forecasts and the explanations behind forecasts errors.Using 190 Malaysian IPOs, we found that the Malaysian IPO earnings forecasts during the period of study (2002-2012) were...

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Bibliographic Details
Main Authors: Ammer, Mohammed Abdullah, Ahmad Zaluki, Nurwati Ashikkin
Format: Article
Language:English
Published: Canadian Center of Science and Education 2014
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/18723/1/ASS%2011%203%202015%2068-77.pdf