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...

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Bibliographic Details
Main Authors: Ong, Chui Zi, Rasidah Mohd-Rashid, Kamarun Nisham Taufil-Mohd
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2020
Online Access:http://journalarticle.ukm.my/15648/1/40812-130368-1-SM.pdf
http://journalarticle.ukm.my/15648/
http://ejournal.ukm.my/pengurusan/issue/view/1283
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Institution: Universiti Kebangsaan Malaysia
Language: English