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Raising Equity Capitals

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 

In many emerging countries, IPOs are not quickly listed after fixing the offer price. When an offer price is fixed well before listing, the initial underpricing will not necessarily reflect the intended discount on the offer price. A high discount may not be able to mitigate the error in offer pricing, because additional information revealing during the listing time lag affects IPO valuation before listing. However, high discount provides net return to investors after the cost of funds for issue subscriptions. Malaysian evidence shows that initial underpricing is significantly affected by IPO listing time lag, indicating that IPO valuation changes after the offer price is fixed when more information about its quality and market conditions is revealed.

Product Specifications
SKU :COC42821
AuthorMD HAMID UDDIN
LanguageEnglish
BindingPaperback
Number of Pages252
Publishing Year2010-09-27T00:00:00.000
ISBN978-3838399867
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-01-08 00:00:00
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