... as a performance parameter. The study applies the quantile regression technique and compares the results with fixed effect generalized least squares (GLS) regression. Findings The findings reveal that board size positively affects the company's performance across all quantiles. Independent directors negatively...

... and quantile regression to test the hypotheses formulated for the determinants of oversubscription. Findings The main findings unveil that while issue price, pricing mechanism, listing delay negatively influence oversubscription; firm size, underwriter reputation, hot market and underpricing have been...