DETERMINANTS OF IPO OVERSUBSCRIPTION ON ISLAMIC STOCKS: EVIDENCE FROM INDONESIA

This study aims to investigate factors that affect IPO oversubscription on Islamic stocks. Using data of 202 IPOs indexed from Indonesia Sharia Stock Index, this study uses ordinary least squaresand quantile regression to test the formulated hypothesis from 2011 to 2020. This study finds that issue...

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Bibliographic Details
Published in:Journal of Islamic Monetary Economics and Finance
Main Authors: Azwar Aulia Rasyad, Bayu Arie Fianto, Rogier Busser
Format: Article
Language:English
Published: Bank Indonesia 2022-08-01
Subjects:
Online Access:https://jimf-bi.org/index.php/JIMF/article/view/1566