Determinants of initial public offerings (IPO) return in Malaysia / Mohd Nazirul Najmi Mohd Othman
The study is conducted to determine the relationship between Initial Public Offerings (IPO) return at the first trading day and its determinants. The observation is based on 41 newly-listed IPOs in Main Market Bursa Malaysia in between the year 2012 until 2014 and the data were gained from Bloomberg...
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2017
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my-uitm-ir.994322024-09-29T15:19:09Z Determinants of initial public offerings (IPO) return in Malaysia / Mohd Nazirul Najmi Mohd Othman 2017-01 Mohd Othman, Mohd Nazirul Najmi Investment, capital formation, speculation The study is conducted to determine the relationship between Initial Public Offerings (IPO) return at the first trading day and its determinants. The observation is based on 41 newly-listed IPOs in Main Market Bursa Malaysia in between the year 2012 until 2014 and the data were gained from Bloomberg, Bursa Malaysia and Yahoo Finance. In order to study the relationship between initial return and its determinants, the researcher will gain the initial return data, which is the difference of issuance and the price of first day trading and run the data together with the independent variables such as size of issuance, age of the firm, offer price, listing delays and underwriter's reputation. Several tests will be conducted including the multi regression analysis. Lastly, all the independent variables had found insignificant with initial return except the offer price. 2017-01 Thesis https://ir.uitm.edu.my/id/eprint/99432/ https://ir.uitm.edu.my/id/eprint/99432/1/99432.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Rahim, Kamal Fakrulrazi Ramli, Ahmad Razi |
institution |
Universiti Teknologi MARA |
collection |
UiTM Institutional Repository |
language |
English |
advisor |
Rahim, Kamal Fakrulrazi Ramli, Ahmad Razi |
topic |
Investment capital formation speculation |
spellingShingle |
Investment capital formation speculation Mohd Othman, Mohd Nazirul Najmi Determinants of initial public offerings (IPO) return in Malaysia / Mohd Nazirul Najmi Mohd Othman |
description |
The study is conducted to determine the relationship between Initial Public Offerings (IPO) return at the first trading day and its determinants. The observation is based on 41 newly-listed IPOs in Main Market Bursa Malaysia in between the year 2012 until 2014 and the data were gained from Bloomberg, Bursa Malaysia and Yahoo Finance. In order to study the relationship between initial return and its determinants, the researcher will gain the initial return data, which is the difference of issuance and the price of first day trading and run the data together with the independent variables such as size of issuance, age of the firm, offer price, listing delays and underwriter's reputation. Several tests will be conducted including the multi regression analysis. Lastly, all the independent variables had found insignificant with initial return except the offer price. |
format |
Thesis |
qualification_level |
Bachelor degree |
author |
Mohd Othman, Mohd Nazirul Najmi |
author_facet |
Mohd Othman, Mohd Nazirul Najmi |
author_sort |
Mohd Othman, Mohd Nazirul Najmi |
title |
Determinants of initial public offerings (IPO) return in Malaysia / Mohd Nazirul Najmi Mohd Othman |
title_short |
Determinants of initial public offerings (IPO) return in Malaysia / Mohd Nazirul Najmi Mohd Othman |
title_full |
Determinants of initial public offerings (IPO) return in Malaysia / Mohd Nazirul Najmi Mohd Othman |
title_fullStr |
Determinants of initial public offerings (IPO) return in Malaysia / Mohd Nazirul Najmi Mohd Othman |
title_full_unstemmed |
Determinants of initial public offerings (IPO) return in Malaysia / Mohd Nazirul Najmi Mohd Othman |
title_sort |
determinants of initial public offerings (ipo) return in malaysia / mohd nazirul najmi mohd othman |
granting_institution |
Universiti Teknologi MARA, Johor |
granting_department |
Faculty of Business and Management |
publishDate |
2017 |
url |
https://ir.uitm.edu.my/id/eprint/99432/1/99432.pdf |
_version_ |
1811769001140813824 |