Performance of new issues: The Malaysian case
This paper examines the performance of new issues in Malaysia. Two aspects of performance were examined. Firstly whether there are any underpricing n Ihe prlcmg of new issues and secondly whether the market is efficient in pricing these shares. The result of this study showed an existence of underpr...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia,
1989.
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| Online Access: | Get fulltext |