The effect of underwriter’s market share, spread and management earnings forecasts bias and accuracy on underpricing of Malaysian IPOs
Purpose– Underpricing is one of the most important anomalies associated with initial public offerings (IPOs). The purpose of this paper is twofold; first, it examines the impact of underwriter’s market share and spread on the underpricing of IPOs; and second, it investigates the effect of management...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Group Publishing Limited
2016
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/25811/1/IJMF%2012%203%202016%20351%20371.pdf http://repo.uum.edu.my/25811/ http://doi.org/10.1108/IJMF-12-2014-0187 |
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