scholarly journals IPO (INITIAL PUBLIC OFFERING) PRACTICES AND OPPORTUNITIES FOR DERIVATIVES IN THE STOCK MARKET OF UZBEKISTAN

2020 ◽  
Vol 7 (02) ◽  
Author(s):  
Shyh-Weir Tzang ◽  
Chun-Ping Chang ◽  
Tsatsral Ochirbal ◽  
Bolor Sukhbaatar ◽  
Yung-Shun Tsai

InFestasi ◽  
2021 ◽  
Vol 17 (2) ◽  
pp. Inpres
Author(s):  
Aulia Amin Nasution ◽  
Ali Mutasowifin

The stock market is one of the alternatives chosen by companies to meet their funding needs. The first offering of a company's shares through the stock market to investors is called an Initial Public Offering. At the time of initial public offering, underpricing often occurs when the initial stock price on the primary market is lower than the stock price on the secondary market which will disadvantage the company because the collected funds are not maximum. This research aims to analyze the effect of macroeconomic factors on underpricing in companies conducting IPOs listed on the Indonesia Stock Exchange from 2010 to 2020. Using Regression Linear Analyze we found that macroeconomic variables as Inflation, IDX Composite Index, and GDP significantly affect underpricing on IPO in Indonesia Stock Exchange for 2010 to 2020


2021 ◽  
Vol 10 (4) ◽  
pp. 115-126
Author(s):  
Simplice Gaël Tonmo ◽  
Melissa Grace Tchapda Woumkep ◽  
Ghislain Tchoffo ◽  
Glwadys Pinta Mefenza

The main objective of this study was to identify the specific characteristics of companies in Cameroon and to highlight the factors that explain their reluctance to be listed on the stock market. Thus, in order to build the state of the art appropriate to this objective, we had to follow three lines of investigation: the theories related to the listing of firms on the stock market, their specific characteristics, and the cross-fertilization of these two fields. On the basis of the literature, four explanatory hypotheses were deduced: they are related to the shareholding structure of firms, to the financial characteristics, to the size of the firm and to the socio-demographic characteristics of the managers. To test these hypotheses, a survey was conducted among 40 SAs in the city of Douala. The data was processed with the SPSS 20 software and we used flat sorting, cross-sorting, pearson correlation test as well as linear regression. This methodology allowed us to obtain the results according to which the family and filial character and the size of the company are mainly the factors of reluctance of the listing on the stock exchange on the one hand, and the behavioral factors of the company managers, in particular the level of education and the experience on the other hand.


2019 ◽  
Vol 8 (2S11) ◽  
pp. 3436-3439

Stock Market is the pioneer destination for any company to establish in Market. It gives a legal status for organizations and social recognition in market. Here, when a company decides to enter in market with the maximum attention or when a private firm decides to convert itself into a public sector firm, in that case IPO issuance is the best way to enter stock market. Stock market provides a legal platform of trading with massive investors to give a kick start beginning of company. This article discuss about the process of IPO for Indian Stock Market listing. SEBI provides guidelines for the IPO of companies.


2019 ◽  
Vol 118 (5) ◽  
pp. 90-96
Author(s):  
D. VELUMONI

An Initial Public Offering (IPO) is one of the vital types of public offering where private companies raise funds from the public at first time and later on these shares are traded on  stock exchanges for liquidation by the investors. Pricing of securities on the stock market is based on various factors such as performance of the company, age of the company, IPO grading, Net Asset Value, etc. During listing, the common experience on pricing are underpriced, overpriced or correctly priced. In this paper, the author has done a conceptual study and experimented, by reviewing the various papers on factors influencing IPO and prepared a Conceptual model and analyzed by taking IPOs from January 2018 to March 2018.It is revealed that the performance of the company has impact on the pricing of securities on stock market. It is found from the study that most of the companies’ stocks are underpriced by the underwriter.


2019 ◽  
Vol 11 (1) ◽  
pp. 171
Author(s):  
Amal Mohammed Al-Masawa ◽  
Rasidah Mohd-Rashid ◽  
Hamdan Amer Al-Jaifi

This study provides an overview of the issue of stock market liquidity among initial public offering (IPOs) by investigating the trend liquidity of IPOs for the period beginning 2002 through to 2017. Based on the Thompson Reuters DataStream database which provides data of Amihud's illiquidity measure (ILLIQ) for 304 IPOs Malaysian companies, detailed analysis shows that the corporate governance mechanisms plays an important role in increasing the transparency and disclosure of financial information, then reduces information asymmetries among market participants such as managers, large shareholders and investors, this leads increase stock market liquidity. The results of the study will be useful for firms through enables firms to know what factors are influence their stock market liquidity. Further, this study could have implications on regulating bodies such as Bursa Malaysia to help design regulations that could enhance stock market liquidity. Moreover, this study would provide implications for the investors and traders in terms of helping them on how to formulate their trading strategy.


Sign in / Sign up

Export Citation Format

Share Document