Relationship of IPO public share allocation with adjusted return and trading volume.

The purpose of this study is to examine whether share allocation of newly issued initial public offerings (IPOs) among public, private placement, and reserve categories is related to IPO returns and the daily volume traded. No relationship is found.

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Bibliographic Details
Main Authors: Cheng, Mei Ling., Ong, Siew Ling., Ting, Almas Kiat Siong.
Other Authors: Young, Martin Robert
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/11340
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Institution: Nanyang Technological University
Description
Summary:The purpose of this study is to examine whether share allocation of newly issued initial public offerings (IPOs) among public, private placement, and reserve categories is related to IPO returns and the daily volume traded. No relationship is found.