Empirical investigation of legal institution on underpricing : evidence from initial public offerings.

• Main Authors: Chng, Xue Ru., Loy, Le Ting., Teo, Johnny Kim Soon.
• Other Authors: Lim, Chee Yeow
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Equity
• Online Access: http://hdl.handle.net/10356/9948
• Institution: Nanyang Technological University

The main aim of this study is to make use of investor protection and accounting regulation to capture the essential elements of the legal environment and predict that strong legal environment that leads to improved corporate governance, earnings quality and disclosure will reduce information asymmet...