Keywords: Underpricing
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Journal Articles
International Journal of Islamic and Middle Eastern Finance and Management (2022) 15 (5): 865–883.
Published: 30 November 2021
... discretion Institutional investors Retail investors Underpricing This study investigates the relationship between the allocation discretion of underwriters and initial returns in Turkish initial public offerings (IPO). Turkish capital market regulations impose a unique setting where bankers can...
Journal Articles
International Journal of Islamic and Middle Eastern Finance and Management (2021) 14 (5): 1081–1098.
Published: 05 July 2021
...Waqas Mehmood; Rasidah Mohd-Rashid; Ahmad Hakimi Tajuddin; Hassan Mujtaba Nawaz Saleem Purpose This study aims to investigate the effect of Shariah-compliant status and Shariah regulation on initial public offering (IPO) underpricing in Pakistan. Design/methodology/approach Besides...

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