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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Main Author: Mohd Othman, Mohd Nazirul Najmi
Format: Thesis
Language:English
Published: 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/99432/1/99432.pdf
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spelling 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