Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah

The performance of Initial Public Offerings (IPO) has been investigated in numerous studies but little attention has been paid to shed more light on the factors that influence the success of these IPOs. This paper investigates the relation between pre-IPO characteristics and post-IPO operating pe...

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Main Authors:	S F Ho, Catherine, Raja Amir Hamzah, Raja Aerol Shariza
Format:	Article
Language:	English
Published:	Institute of Business Excellent (IBE) 2011
Subjects:	HB Economic Theory. Demography HD Industries. Land use. Labor
Online Access:	http://ir.uitm.edu.my/id/eprint/883/ http://ir.uitm.edu.my/id/eprint/883/1/AJ_CATHERINE%20S%20F%20HO%20BMQR%20SA%2011.pdf

id	uitm-883
recordtype	eprints
spelling	uitm-8832019-04-30T07:30:30Z http://ir.uitm.edu.my/id/eprint/883/ Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah S F Ho, Catherine Raja Amir Hamzah, Raja Aerol Shariza HB Economic Theory. Demography HD Industries. Land use. Labor The performance of Initial Public Offerings (IPO) has been investigated in numerous studies but little attention has been paid to shed more light on the factors that influence the success of these IPOs. This paper investigates the relation between pre-IPO characteristics and post-IPO operating performances. The objective of this study is to identify the determinants of post IPO operating performance. The pre-IPO factors include pre-IPO profitability, dilution of ownership, age and size of firm. The post-IPO operating performances include: return on asset, return on sales and asset turnover. Using newly public-listed companies on the Main Board of Bursa Malaysia from 2000 to 2004, findings confirmed that pre-IPO profitability and firm size are the key predictors of post-IPO performance. The results obtained provide useful information and caution for prospective investors in new issues. Institute of Business Excellent (IBE) 2011 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/883/1/AJ_CATHERINE%20S%20F%20HO%20BMQR%20SA%2011.pdf S F Ho, Catherine and Raja Amir Hamzah, Raja Aerol Shariza (2011) Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah. Business and Management Quarterly Review (BMQR), 2 (1). pp. 54-64.
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	HB Economic Theory. Demography HD Industries. Land use. Labor
spellingShingle	HB Economic Theory. Demography HD Industries. Land use. Labor S F Ho, Catherine Raja Amir Hamzah, Raja Aerol Shariza Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah
description	The performance of Initial Public Offerings (IPO) has been investigated in numerous studies but little attention has been paid to shed more light on the factors that influence the success of these IPOs. This paper investigates the relation between pre-IPO characteristics and post-IPO operating performances. The objective of this study is to identify the determinants of post IPO operating performance. The pre-IPO factors include pre-IPO profitability, dilution of ownership, age and size of firm. The post-IPO operating performances include: return on asset, return on sales and asset turnover. Using newly public-listed companies on the Main Board of Bursa Malaysia from 2000 to 2004, findings confirmed that pre-IPO profitability and firm size are the key predictors of post-IPO performance. The results obtained provide useful information and caution for prospective investors in new issues.
format	Article
author	S F Ho, Catherine Raja Amir Hamzah, Raja Aerol Shariza
author_facet	S F Ho, Catherine Raja Amir Hamzah, Raja Aerol Shariza
author_sort	S F Ho, Catherine
title	Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah
title_short	Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah
title_full	Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah
title_fullStr	Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah
title_full_unstemmed	Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah
title_sort	pre-ipo characteristics and post-ipo operating performance in malaysia / catherine s f ho and raja aerol shariza raja amir hamzah
publisher	Institute of Business Excellent (IBE)
publishDate	2011
url	http://ir.uitm.edu.my/id/eprint/883/ http://ir.uitm.edu.my/id/eprint/883/1/AJ_CATHERINE%20S%20F%20HO%20BMQR%20SA%2011.pdf
first_indexed	2023-09-18T22:45:10Z
last_indexed	2023-09-18T22:45:10Z
_version_	1777417176106401792

Pre-ipo characteristics and post-ipo operating performance in Malaysia / Catherine S F Ho and Raja Aerol Shariza Raja Amir Hamzah

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