Board characteristics and the amount of capital raised in the Malaysian IPO market

• Main Authors: Badru, Bazeet Olayemi, Ahmad Zaluki, Nurwati Ashikkin, Wan Hussin, Wan Nordin
• 格式: Article
• 語言: English
• 出版: Elsevier B.V. 2017
• 主題: HD28 Management. Industrial Management
• 在線閱讀: http://repo.uum.edu.my/25800/1/IMFM%2042%2043%202017%2037%2055.pdf; http://repo.uum.edu.my/25800/; http://doi.org/10.1016/j.mulfin.2017.09.001

This study examines the impact of board characteristics on the amount of capital raised through an IPO for a sample of 220 Malaysian IPOs over the period of 2005–2015, applying both ordinary least squares (OLS) and quantile regression (QR) techniques. The OLS results show that board with ethnic Mala...