The effect of ownership structure on initial return and post-listing liquidity: evidence from Bursa Malaysia
In IPO market, the theory of liquidity as proposed by Booth and Chua (1996) suggest that higher initial return drives the broadness of shareholder base and thus may enhance post-listing liquidity of an initial public offering (IPO) stocks. Based on that hypothesis, this paper examines the sample of...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/48331/ http://irep.iium.edu.my/48331/ http://irep.iium.edu.my/48331/1/Roslily_16th_Malaysian_Finance_Association_Conference_2014.pdf |