Does growth opportunity matter in explaining the over-subscription phenomena of Malaysian IPO?

The over-subscription ratio of IPO prior to listing is an anomaly in countries that employed fixed price mechanism.According to the signaling theory argument, IPOs of good quality attract subscription from investors.An analysis was made to observe whether IPOs with growth opportunity (good quality)...

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Bibliographic Details
Main Authors: Tajuddin, Ahmad Hakimi, Abdullah, Nur Adiana Hiau, Taufil Mohd, Kamarun Nisham
Format: Conference or Workshop Item
Language:English
Published: Elsevier Ltd. 2016
Subjects:
Online Access:http://repo.uum.edu.my/18574/1/Procedia%20-%20SBS%20219%20%202016%20%20748%20%E2%80%93%20754.pdf
http://repo.uum.edu.my/18574/
http://doi.org/10.1016/j.sbspro.2016.05.069
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