Intended use of IPO proceeds and initial returns

NA Ahmad-Zaluki, BO Badru - Journal of Financial Reporting and …, 2021 - emerald.com
Purpose This study aims to investigate the effects of the intended use of initial public
offerings (IPO) proceeds that is disclosed in the prospectus on IPO initial returns …

Determinan on Underpricing at The Initial Public Offering: Evidence Indonesia Stock Exchange

DS Abbas, A Rauf, I Hidayat… - … and Management Studies, 2022 - qemsjournal.org
The purpose of this study is to see how company size, earnings per share, profitability,
financial leverage, and underwriter reputation affect underpricing during the initial public …

Determinants of heterogeneity in investors' opinions on IPO valuation: evidence from the Pakistan stock market

W Mehmood, R Mohd-Rashid, N Che-Yahya… - Review of Behavioral …, 2021 - emerald.com
Purpose This study investigated the effect of pricing mechanism and oversubscription on the
heterogeneity of investors' opinions on initial public offering (IPO) valuation …

Divergence of beliefs and IPO initial return: the quasi-moderating role of investor demand

A Albada, SW Low, MY Toh - Journal of Asian Business and …, 2023 - emerald.com
Purpose This study aims to investigate the moderating role of investor demand on the
relationship between the investors' divergence of beliefs and the first-day initial public …

An insight into the signaling role of Sharia status: a case from an emerging IPO market

A Albada - International Journal of Islamic and Middle Eastern …, 2024 - emerald.com
Purpose This study aims to examine the potential of Sharia status as ex ante information to
signal the quality of an issuing firm by improving the decision-making process of potential …

The variability of IPO issuance: evidence from Pakistan stock exchange

W Mehmood, R Mohd-Rashid… - Global Business …, 2023 - journals.sagepub.com
The present study intends to explore the inducing factors for going public in the emerging
market of Pakistan from 2000 to 2018. This study used ordinary least square (OLS), stepwise …

Does disclosure of earnings forecasts regulation affect the valuation of IPOs? Evidence from an emerging country

CZ Ong, R Mohd-Rashid, W Mehmood… - Asian Review of …, 2021 - emerald.com
Purpose This paper aimed to explore the effect of a regulatory change pertaining to earnings
forecasts disclosure from a mandatory to a voluntary regime on the valuation of Malaysian …

Machine learning insights: probing the variable importance of ex-ante information

A Albada, EE Abusham, CZ Ong, K Al Qatiti - Managerial Finance, 2024 - emerald.com
Purpose Empirical examinations of initial public offering (IPO) initial returns often rely heavily
on linear regression models. However, these models can prove inefficient owing to their …

The role of signals in new venture financing in the context of an emerging market: a configurational approach

B Topaler, G Adar - International Journal of Emerging Markets, 2023 - emerald.com
Purpose This study proposes a portfolio of new venture signals that are likely to attract
investors' attention in the context of an emerging market and examines how they work in …

Predictive role of ex ante strategic firm characteristics for sustainable initial public offering (IPO) survival

I Ahmad, I Ismail, SS Shaharuddin - Sustainability, 2021 - mdpi.com
This study attempts to predict how long a newly listed corporation, usually termed initial
public offering (IPO), will survive on the equity listing market. The three-fold contribution of …