Growth opportunity and IPO value: An empirical study of Malaysian IPOs
The offer price of Malaysian initial public offerings (IPOs) is mostly determined by fixed-price mechanism, indicating that information for investors regarding the actual value of an IPO is not being fully reflected in the offer price. The investors’ opinion in fact triggers IPO value on the first t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Kebangsaan Malaysia
2020
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/27449/1/JP%20R58%202020%201%2012.pdf |