The Influence of Group Affiliation and Ownership Structure on Emerging Market IPOs: The Case of the Philippines

• المؤلفون الرئيسيون: Sullivan, Michael J., Unite, Angelo A.
• التنسيق: text
• منشور في: Animo Repository 1999
• الموضوعات: IPO; Emerging Economies; Philippines; Growth and Development
• الوصول للمادة أونلاين: https://animorepository.dlsu.edu.ph/res_aki/76; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1081&context=res_aki

In this paper we report initial returns and long-run performance of IPOs in the Philippines over the period 1987-1997. Within this context we investigate the differential effects on IPO returns of offer size, firm age, industry, market timing, ownership structure, and company affiliation. We find av...