Initial public offerings in Singapore - empirical study on risk characteristics and underpricing

• Main Authors: Goh, Phyllis Pey Yin, Loke, Yuen Pheng, Tan, Lih Yann
• Other Authors: Ho Kim Wai
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Business::Finance::Investments
• Online Access: http://hdl.handle.net/10356/63638
• Institution: Nanyang Technological University

Risk is a vital element in any investments. It comprises of both systematic and unsystematic risks. A prominent study of beta (B) as a measure of systematic risk of Initial Public Offerings (IPOs) in the United States was done by Ibbotson (1975). The first section of this study explores the trend...