Modelling Framework of Regulatory Changes to Improve Efficiency of Malaysian IPO Market (S/O 14203)

• Main Authors: Mohd Rashid, Rasidah, Abdul Rahim, Ruzita, Hwei, Khaw Lee, Tajuddin, Ahmad Hakimi, Che Yahya, Norliza
• Format: Monograph
• Language: English
• Published: UUM Press 2021
• Subjects: HB Economic Theory
• Online Access: https://repo.uum.edu.my/id/eprint/31570/1/14203.pdf; https://repo.uum.edu.my/id/eprint/31570/
• Institution: Universiti Utara Malaysia

This study aims to examine the changes in equity guidelines and initial returns in the Malaysian initial public offering (IPO) market. The study uses cross-sectional data over 16 years from 2000 to 2016. It uses ordinary least squares for the baseline model and incorporates an interaction term, quan...