Firms seeking initial public listings on the Stock Exchange of Singapore can choose
between offering their shares at a fixed price or selling them in two tranches: the first tranche …

This study examines the relative importance of underpricing as a signal of firm value,
underwriter certification, subscription levels of shares on offer, and uncertainty surrounding …

This study examines whether the level of ownership retained by the issuers of IPO and the
number of risk factors available in the issue prospectus are associated with the variation of …

This paper provides results of tests of cointegration of stock price and stock dividend
payments. Taking into account the problems of nuisance parameters and size distortion in …

Abstract [Truncated] This study employs a composite corporate governance index, specific
corporate governance variables, and a full range of firm-specific variables to examine initial …

Using initial public offerings of 512 UK companies newly admitted to London Stock
Exchange between 1985 and 1990, we explored the reason of underpricing of new issues …

The main objective of this thesis is to investigate the explanations of the short-run
underpricing of initial public offerings in the UK and Korea from the viewpoints of signalling …