The tender system - reduces underpricing and increases market efficiency
This report presents the empirical findings on the efficacy of the dual-tranche system of share flotation and/or the newly introduced "when-issued" market in increasing the proceed from new issues, reducing underpricing and improving market efficiency in Singapore. Results showed that i...
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Main Authors: | , , |
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格式: | Final Year Project |
語言: | English |
出版: |
2015
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在線閱讀: | http://hdl.handle.net/10356/63933 |
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