The effect of underwriter’s market share, spread and management earnings forecasts bias and accuracy on underpricing of Malaysian IPOs

• المؤلفون الرئيسيون: Ammer, Mohammed Abdullah, Ahmad Zaluki, Nurwati Ashikkin
• التنسيق: مقال
• اللغة: English
• منشور في: Emerald Group Publishing Limited 2016
• الموضوعات: HD28 Management. Industrial Management
• الوصول للمادة أونلاين: 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

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...