Thesiss

The initial public offering (IPO) underpricing phenomenon has frequently been noticed and generally is accepted as a puzzle in financial economics. Some of the new theories, such as behavioural finance, take the underpricing puzzle as one important form of evidence. However, som…

In recent years, the initial public offerings (IPOs) on the Ghana Stock Exchange (GSE) witnessed some level of undersubscriptions. The purpose of this research was to investigate the extent to which valuation, pricing, and performance of prior IPOs listed on the GSE contributed …

This dissertation is a collection of three essays related to the initial public offerings (IPOs) in Malaysia. The IPO market in Malaysia has historically been tightly regulated. However, with the formation of the Securities Commission (SC) in 1993, the regulations have eased slo…