A comparative study on the performance of firms under the industrial sector before and after the release of initial public offerings from 2001-2013

The paper intends to study if there is a significant change in the financial performance of firms in the industrial sector after they release their initial public offering (IPO). A total of 20 firms were sampled that was within the timeframe of 2000-2013. The researchers tested the significance betw...

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Bibliographic Details
Main Authors: Corcega, Gerenz Gabriel V., Dee, Shirlene Chistiane A., Lachmandas, Anisha D., Lim, Lloyd Lemuel P.
Format: text
Language:English
Published: Animo Repository 2017
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/18314
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Institution: De La Salle University
Language: English
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Summary:The paper intends to study if there is a significant change in the financial performance of firms in the industrial sector after they release their initial public offering (IPO). A total of 20 firms were sampled that was within the timeframe of 2000-2013. The researchers tested the significance between the prior year and three years after with the use of the Wilcoxon signed rank test to obtain the median value per sub-sector (construction, infrastracture and allied services, electrical components and equipment, electricity, energy, power and water, and food, beverage and tobacco) as well as the industrial sector as a whole. With a 5% level of significance, the proponents arrived at an impressive result.