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The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor

This study had focused on the long run performance of initial public offering in Malaysia from June 2002 to December 2006. This is analyzed by looking the monthly stock price on 48 IPO's companies that listed in Mesdaq Market of Bursa Malaysia. Bursa Malaysia Composite Index will be used as a b...

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Main Author: Shukor, Hilmie Shakilah
Format: Student Project
Language:English
Published: 2007
Subjects:
Stock price indexes. Stock quotations
Online Access:http://ir.uitm.edu.my/id/eprint/33640/2/33640.pdf
http://ir.uitm.edu.my/id/eprint/33640/
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spelling my.uitm.ir.336402020-10-12T04:40:38Z http://ir.uitm.edu.my/id/eprint/33640/ The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor Shukor, Hilmie Shakilah Stock price indexes. Stock quotations This study had focused on the long run performance of initial public offering in Malaysia from June 2002 to December 2006. This is analyzed by looking the monthly stock price on 48 IPO's companies that listed in Mesdaq Market of Bursa Malaysia. Bursa Malaysia Composite Index will be used as a benchmark in evaluating share price performance. The objective of this research is to determine the long term performance of IPOs. This in order to find out whether IPO is under perform or over perform the market for the long run. Buy and Hold Abnormal Return has been used to determine the long term performance of IPOs. According to the analysis for the period Jun 2002 to December 2006, it is indicated that Malaysia IPO did under perform the benchmark in such magnitude that this resulted on average in a negative long run performance for the entire sample period. The t-statistic shows that BHARs are not significant at the 5 % level. It is because due to subsequent long-run abnormal return that to be quite negative. 2007 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/33640/2/33640.pdf Shukor, Hilmie Shakilah (2007) The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor. [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Stock price indexes. Stock quotations
spellingShingle Stock price indexes. Stock quotations
Shukor, Hilmie Shakilah
The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor
description This study had focused on the long run performance of initial public offering in Malaysia from June 2002 to December 2006. This is analyzed by looking the monthly stock price on 48 IPO's companies that listed in Mesdaq Market of Bursa Malaysia. Bursa Malaysia Composite Index will be used as a benchmark in evaluating share price performance. The objective of this research is to determine the long term performance of IPOs. This in order to find out whether IPO is under perform or over perform the market for the long run. Buy and Hold Abnormal Return has been used to determine the long term performance of IPOs. According to the analysis for the period Jun 2002 to December 2006, it is indicated that Malaysia IPO did under perform the benchmark in such magnitude that this resulted on average in a negative long run performance for the entire sample period. The t-statistic shows that BHARs are not significant at the 5 % level. It is because due to subsequent long-run abnormal return that to be quite negative.
format Student Project
author Shukor, Hilmie Shakilah
author_facet Shukor, Hilmie Shakilah
author_sort Shukor, Hilmie Shakilah
title The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor
title_short The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor
title_full The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor
title_fullStr The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor
title_full_unstemmed The long run performance of initial public offering: Focused in Mesdaq market / Hilmie Shakilah Shukor
title_sort long run performance of initial public offering: focused in mesdaq market / hilmie shakilah shukor
publishDate 2007
url http://ir.uitm.edu.my/id/eprint/33640/2/33640.pdf
http://ir.uitm.edu.my/id/eprint/33640/
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score 13.211869

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