...Chui Zi Ong; Rasidah Mohd-Rashid; Kamarun Nisham Taufil-Mohd Purpose The purpose of this study is to examine the influence of underwriter reputation on the valuation of Malaysian initial public offerings (IPOs). Design/methodology/approach This study employed cross-sectional multiple...

...Jaclyn J. Beierlein; James Nelson Purpose Prior research suggests that institutional investors prefer higher priced stock, while individual investors prefer lower priced stock. The purpose of this paper is to examine whether the IPO filing price reflects firm characteristics that are commonly...

...Kavita Wadhwa; Sudhakara Reddy Syamala Purpose The purpose of this paper is to examine the impact of market timing and pseudo market timing on equity issuance decisions of IPOs in an emerging economy – India. Indian new issues market provides a perfect setting to test market timing against pseudo...

...Nickolaos V. Tsangarakis This study examines the price performance of Greek IPOs in the period 1993‐1997. The Greek IPO market presents several particularities in respect to regulation and procedural arrangements that make its study interesting in the context of the international evidence regarding...