Venture backed IPOs in the Philippines: Underpricing, performance, and issues of certification from 1994-2012

• Main Authors: Andulan, Mina Minorka B., Cadao, Ana Graciela I., Ferrer, Genalynne Rose R., Sanchez, Maria Leona M.
• Format: text
• Language: English
• Published: Animo Repository 2014
• Subjects: Going public (Securities) > Philippines; Corporations > Finance; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/7864
• Institution: De La Salle University

This study examines the difference between venture capital backed and non-venture backed IPO in terms of underpricing, determine if venture backed companies do better after listing in terms of monthly returns and if the presence of venture capitalists in the board signal IPO certification of quality...