The aftermarket performance of initial public offerings: New evidence from an emerging market. [PDF]
PLoS ONE, 2022 This paper presents new updated evidence on the initial public offering (IPO) aftermarket performance for 144 public listed firms on the Colombo Stock Exchange from 1991 to 2017. We found that average aftermarket returns are always lower than 1%.
Dilesha Nawadali Rathnayake +3 more
doaj +3 more sources
Underpricing, underperformance and overreaction in initial public offerings: Evidence from investor attention using online searches. [PDF]
Springerplus, 2015 Online activity of Internet users has proven very useful in modeling various phenomena across a wide range of scientific disciplines. In our study, we focus on two stylized facts or puzzles surrounding the initial public offerings (IPOs) - the ...
Vakrman T, Kristoufek L.
europepmc +3 more sources
Do Discounts Enhance or Degrade IPOs Valuation Performance? [PDF]
Financial Markets, Institutions and Risks, 2021 In the present study, we investigate the impact of discounts on the valuation performance of initial public offerings. Review of existing literature reveals that such valuation performance lacks examination in terms of discounts as most studies focus on ...
Douaa Tizniti, Mohammed Rachid Aasri
doaj +1 more source
Growth Opportunities and IPO Initial Performance. Is There an Interacting Effect of Public Issue? [PDF]
Journal of International Business, Economics and Entrepreneurship, 2020 The declining rate on initial return of Malaysian IPOs over the past years have alarmed investors to astutely choose IPO firms for a better security of their investment's income.
Siti Suhaila Abdul Rahman +1 more
doaj +2 more sources
Investigating the Moderating Effect of Auditing Quality on the Relationship between Financial Reporting Quality and Initial Public Offerings (IPOs) Underpricing [PDF]
مطالعات تجربی حسابداری مالی, 2021 The purpose of this study is to investigate the moderating effect of auditing quality on the relationship between financial reporting quality and initial public offerings (IPOs) underpricing of stocks. The population of this study is the companies listed
Navid Reza Namazi, Pedram Azizi
doaj +1 more source
Sharia Compliance and Information Asymmetry for IPO In Bursa Indonesia
AFEBI Islamic Finance and Economic Review, 2022 This study aims to analyze the effect of shariah compliance status, and information asymmetry as a proxy for institutional ownership variables, and company size on excess demand in initial public offerings on the Indonesia Stock Exchange. This study uses
Afira Rohmahtunisa, Shoimatul Fitria
doaj +1 more source
Long-Run Pricing Performance of Initial Public Offerings (IPOs) in Pakistan
NUST Journal of Social Sciences and Humanities, 2021 This study investigates the long-run pricing performance of 90 IPOs listed on the Karachi Stock Exchange from 1995 to 2010. This study finds evidence that IPOs show signs of underpricing and underperform over three years after listing; however, the ...
Muhammad Zubair Mumtaz +1 more
doaj +3 more sources
Survival of the Malaysian initial public offerings , [PDF]
Management Science Letters, 2019 This study addresses the extent to which Malaysian public listed firms survive after the IPO. The result reports that 7.72% of Malaysian IPOs were delisted from the market after five years, which is lower than the delisting rate reported in previous ...
Wahidah Shari
doaj +1 more source
Conservatism and Initial Public Offerings (IPOs) Underpricing: An Audit Quality Perspective [PDF]
Iranian Journal of Finance, 2022 The purpose of this paper is to focus on examining the impact of conservatism on IPOs underpricing and then examine the role of audit quality as a moderating variable in the relationship between conservatism and IPOs.
Abbas Ali Daryaei +2 more
doaj +1 more source
Political Uncertainty and Initial Public Offerings: A Literature Review
International Journal of Financial Studies, 2023 The literature on the influence of political and policy-related uncertainties on financial aspects has gained an impetus in the last two decades. This study adds to the existing literature by reviewing the impact of political uncertainty on initial ...
Purvi Jhawar, Jayanta Kumar Seal
doaj +1 more source