English, Article edition: Underpricing of initial public offerings in Bangladesh Tanweer Hasan; Shakil Quayes

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Bookmark: http://trove.nla.gov.au/version/50591
Physical Description
  • article
Language
  • English

Edition details

Title
  • Underpricing of initial public offerings in Bangladesh
Author
  • Tanweer Hasan
  • Shakil Quayes
Physical Description
  • article
Notes
  • The present study provides a comprehensive analysis of the short-run underpricing of initial public offerings (IPO) in Bangladesh and attempts to identify the factors which contribute to such underpricing in this heavily regulated underwriting market. Using a sample of 90 IPOs issued during the short-lived stock market boom in the mid-nineties, we show that increased ownership stake and foreign participation lowers the magnitude of underpricing.
  • RePEc:taf:apfelt:v:4:y:2008:i:1:p:5-8
Language
  • English
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