DETERMINANTS OF THE LONG-TERM PERFORMANCE OF MALAYSIAN INITIAL PUBLIC OFFERINGS

Autor:	Wahidah Shari, MOHAMAD ABU HASSAN
Jazyk:	angličtina
Rok vydání:	2024
Předmět:	Initial public offerings determinants of long-term performance Malaysia Finance HG1-9999
Zdroj:	The International Journal of Banking and Finance, Vol 19, Iss 2 (2024)
Druh dokumentu:	article
ISSN:	2811-3799 2590-423X
DOI:	10.32890/ijbf2024.19.2.4
Popis:	This study examined the determinants of the long-term performance of 351 initial public offerings (IPOs) launched in Malaysia over the 2002–2010 period. This paper used a panel regression analysis framework based on the ordinary least squares (OLS) technique to examine the potential determinants of IPOs’ long-term performance. The findings revealed that the volatility of aftermarket returns, the dummy ACE market and concentration ownership significantly influence the long-term performance of Malaysian IPOs. This paper offers important implications specifically for investors as the findings can help them understand more about public companies’ long-term performance and how to better predict their performance.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/9ac1556604214ddabc57fba461df2ecb Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF