Ownership structure of IPO firms in Singapore and its implications on underpricing

• المؤلفون الرئيسيون: Tan, Jasmine Lay Khim, Heng, Soo Yuin, Ang, Mei Zhen
• مؤلفون آخرون: Chong, Beng Soon
• التنسيق: Final Year Project
• منشور في: 2008
• الموضوعات: DRNTU::Business::Finance::Equity
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/9354
• المؤسسة: Nanyang Technological University

In this paper, we examine how ownership structure affects underpricing from the year 1990 to 2002 by focusing on two aspects of the ownership structure – Pre-IPO (Initial Public Offering) ownership stakes and ownership concentration. Our results show that indeed, pre-IPO ownership stakes does affect...