Under-pricing and listing board in explaining heterogeneity of opinion regarding values of Malaysian IPOs

Heterogeneity of opinion regarding the value of an initial public offering (IPO) is arguably high due to the lack of prior information on the IPO. This situation is especially true in the case of a fixed-price IPO where, unlike book-building and auction offering methods, potential investors do not h...

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Bibliographic Details
Main Authors: Othman Yong, Ali Albada
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2018
Online Access:http://journalarticle.ukm.my/20168/1/21149-88573-1-PB.pdf
http://journalarticle.ukm.my/20168/
https://ejournal.ukm.my/pengurusan/issue/view/1093
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Institution: Universiti Kebangsaan Malaysia
Language: English