What’s Went Wrong With Mesdaq Market?
AbstractWhat’s wrong with companies listed in the MESDAQ market as more and more is leaving for more established counter of the main board of Bursa Malaysia. There is the general perception that companies listed in the MESDAQ Market lack in quality – low prices. This study looks at the problem of MESDAQ by analyzing various criteria such as stock returns and the number of press release by the SC in relation with the civil suit cases due to financial fraud of the companies listed under the MESDAQ Market. The results show that the return for MESDAQ Market index is lower than that of the Main Board index. The results also show more companies in the MESDAQ Market fail do not follow the rules and procedures of the Security Commission.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 14603.
Date of creation: 20 Mar 2008
Date of revision:
MESDAQ market; technology based firms; high growth companies;
Find related papers by JEL classification:
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
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