Do Share Allocations to the Indigenous Investor Drive the Demand for IPOs?
The purpose of this paper was to investigate the impact of allocating shares to the indigenous (<i>Bumiputera</i>) investors on the oversubscription ratio of IPO. This factor is unique to Malaysian IPOs and would enable us to reflect the signaling theory. Data on 348 IPO firms listed on Bursa Malays...
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| Autors principals: | , , , , |
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| Format: | Artigo |
| Idioma: | Inglês |
| Publicat: |
MDPI AG
2023-04-01
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| Col·lecció: | Economies |
| Matèries: | |
| Accés en línia: | https://www.mdpi.com/2227-7099/11/4/117 |
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