Are initial public offerings underpriced?
In Singapore, numerous studies have documented the short-run underpricing phenomenon of initial public offerings (IPOs). The objective of this study is to do an empirical study on the short-run underpricing phenomenon. In addition, hypothesis testing will also be carried out to see if there is a sig...
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Main Authors: | , , |
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Other Authors: | |
Format: | Final Year Project |
Language: | English |
Published: |
2014
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/55456 |
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Institution: | Nanyang Technological University |
Language: | English |
Summary: | In Singapore, numerous studies have documented the short-run underpricing phenomenon of initial public offerings (IPOs). The objective of this study is to do an empirical study on the short-run underpricing phenomenon. In addition, hypothesis testing will also be carried out to see if there is a significant variance in the extent of underpricing between the Stock Exchange of Singapore (SES) Mainboard IPOs and Stock Exchange of Singapore Dealing and Automated Quotation System (SESDAQ) IPOs. |
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