How Do Investment Banks Price Initial Public Offerings? An Empirical Analysis of Emerging Market

How Do Investment Banks Price Initial Public Offerings? An Empirical Analysis of Emerging Market

This study investigates that how investment banks select alternative valuation models to price Initial Public Offerings (IPOs) and examine the value-relevance of each valuation model using the data of 88 IPOs listed on the Pakistan Stock Exchange (PSX) during 2000–2016. This study investig...

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Bibliographic Details
Main Authors: Abdul Rasheed, Muhammad Khalid Sohail, Shahab-Ud Din, Muhammad Ijaz
Format: Article
Language:English
Published: MDPI AG 2018-09-01
Series:International Journal of Financial Studies
Subjects:
valuation models
Initial Public Offerings
Pakistan Stock Exchange
Online Access:http://www.mdpi.com/2227-7072/6/3/77

Internet

http://www.mdpi.com/2227-7072/6/3/77

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