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: Ammer, Mohammed Abdullah, Ahmad Zaluki, Nurwati Ashikkin
格式: Article
语言:English
出版: Emerald Group Publishing Limited 2016
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在线阅读: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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