Underpricing and number of risk factors of initial public offerings in Indonesia

This study examines the effect of number of risk factors, use of proceeds for investment, size of issue and the level of ownership retained on initial returns of firm making Initial Public Offerings (IPOs) in Indonesian capital market. A sample of 290 Indonesia IPOs that went public between 1989 an...

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Bibliographic Details
Main Authors: Tatang Ary Gumanti, Ayu Retsi Lestari, Siti Sofia Abdul Manan
Format: Article
Published: Vilnius Gediminas Technical University 2017-08-01
Series:Business: Theory and Practice
Online Access:https://journals.vgtu.lt/index.php/BTP/article/view/8170