Do institutional investors drive the IPO valuation?
This study aimed to investigate the effect of institutional ownership on initial public offering (IPO) valuation and also to examine the indirect role played by the pricing mechanism on the relationship. Cross-sectional multiple regression was used to analyse the relationship between institutional o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2020
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/27452/1/BIL%20XX%20XXX%20XXX%201-15.pdf |