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Analysis of Underpricing in the Malaysian New Issues Market During 1975-1990: Are New Issues Excessively Underpriced?

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  • Shamsher Mohamad
  • Annuar Md Nassir
  • Mohamed Ariff

Abstract

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Suggested Citation

  • Shamsher Mohamad & Annuar Md Nassir & Mohamed Ariff, 1994. "Analysis of Underpricing in the Malaysian New Issues Market During 1975-1990: Are New Issues Excessively Underpriced?," Capital Markets Review, Malaysian Finance Association, vol. 2(2), pages 17-28.
  • Handle: RePEc:mfa:journl:v:2:y:1994:i:2:p:17-28
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    Cited by:

    1. Paudyal, K. & Saadouni, B. & Briston, R. J., 1998. "Privatisation initial public offerings in Malaysia: Initial premium and long-term performance," Pacific-Basin Finance Journal, Elsevier, vol. 6(5), pages 427-451, November.
    2. Pegah Dehghani & Ros Zam Zam Sapian, 2014. "Sectoral herding behavior in the aftermarket of Malaysian IPOs," Venture Capital, Taylor & Francis Journals, vol. 16(3), pages 227-246, July.
    3. Jelic, Ranko & Saadouni, Brahim & Briston, Richard, 2001. "Performance of Malaysian IPOs: Underwriters reputation and management earnings forecasts," Pacific-Basin Finance Journal, Elsevier, vol. 9(5), pages 457-486, November.
    4. Yaakub, Nurwahida & Sherif, Mohamed, 2019. "Performance of initial public offerings (IPOs): the case of Shariah-compliant companies," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 27, pages 65-76.
    5. Norliza Che-Yahya & Siti Suhaila Abdul-Rahman, 2021. "The Influence of Growth Opportunities on IPO Initial Aftermarket Performance," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(1), pages 40-49, January.

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