Random walk in Malaysian initial public offering
Efficient market phenomenon states that price of stocks should fully reflect all available information in the market. This study examines weak form efficient market hypothesis in initial public offering (IPOs) in the context of recent global financial crisis. This research tests the efficiency of I...
Main Authors: | , , |
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
Malaysia Finance Association
2011
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/3527/1/MFA2011-15.pdf |