The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan

This research is study on the financial income variables towards post-IPO return. The scope of the study has focuses on the return of IPO as a result shows from the company’s financial performance proxies by liquidity, profitability, leverage and asset utilization. The objective of the study is to d...

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Main Author:	Hamdan, Nur Hazirah
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2011
Subjects:	Financial management. Business finance. Corporation finance Investment, capital formation, speculation Kuala Lumpur. KLSE
Online Access:	http://ir.uitm.edu.my/id/eprint/25718/ http://ir.uitm.edu.my/id/eprint/25718/1/PPb_NUR%20HAZIRAH%20HAMDAN%20BM%20M%2011_5.pdf

id	uitm-25718
recordtype	eprints
spelling	uitm-257182020-01-06T03:09:29Z http://ir.uitm.edu.my/id/eprint/25718/ The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan Hamdan, Nur Hazirah Financial management. Business finance. Corporation finance Investment, capital formation, speculation Kuala Lumpur. KLSE This research is study on the financial income variables towards post-IPO return. The scope of the study has focuses on the return of IPO as a result shows from the company’s financial performance proxies by liquidity, profitability, leverage and asset utilization. The objective of the study is to determine the significant correlation between company’s financial income variables towards post-IPO return. The independent variables of this study are Quick Ratio (QR), Net Profit Margin (NPM), Debt Equity Ratio (DER) and Asset turnover (ATO) as a financial ratio represented the company’s performance. While for dependent variables, it is return for post-IPO and been measure in 5 days preliminary from the first day it’s been issued. The data period cover from year 2005-2010 and retrieved from historical price sources provided by data stream and performance of company’s financial income gathered the data from prospectuses published in Thomson One Banker. The multiple linear regression model is use to investigate the relationship between financial income variables with post-IPO return by using Econometric Views (E-Views 6.0). From the findings, only (DER) variables show significance correlation and able to effect post-IPO return and its express positively relationship. While, for others three variables, QR, NPM, and ATO shows no significant impact to the returns. The result shows consistently in 5 days return and its concludes that, from investors’ point of view, financial performance of companies are not strongly reflect in decision making on investment. Faculty of Business and Management 2011 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/25718/1/PPb_NUR%20HAZIRAH%20HAMDAN%20BM%20M%2011_5.pdf Hamdan, Nur Hazirah (2011) The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Financial management. Business finance. Corporation finance Investment, capital formation, speculation Kuala Lumpur. KLSE
spellingShingle	Financial management. Business finance. Corporation finance Investment, capital formation, speculation Kuala Lumpur. KLSE Hamdan, Nur Hazirah The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan
description	This research is study on the financial income variables towards post-IPO return. The scope of the study has focuses on the return of IPO as a result shows from the company’s financial performance proxies by liquidity, profitability, leverage and asset utilization. The objective of the study is to determine the significant correlation between company’s financial income variables towards post-IPO return. The independent variables of this study are Quick Ratio (QR), Net Profit Margin (NPM), Debt Equity Ratio (DER) and Asset turnover (ATO) as a financial ratio represented the company’s performance. While for dependent variables, it is return for post-IPO and been measure in 5 days preliminary from the first day it’s been issued. The data period cover from year 2005-2010 and retrieved from historical price sources provided by data stream and performance of company’s financial income gathered the data from prospectuses published in Thomson One Banker. The multiple linear regression model is use to investigate the relationship between financial income variables with post-IPO return by using Econometric Views (E-Views 6.0). From the findings, only (DER) variables show significance correlation and able to effect post-IPO return and its express positively relationship. While, for others three variables, QR, NPM, and ATO shows no significant impact to the returns. The result shows consistently in 5 days return and its concludes that, from investors’ point of view, financial performance of companies are not strongly reflect in decision making on investment.
format	Student Project
author	Hamdan, Nur Hazirah
author_facet	Hamdan, Nur Hazirah
author_sort	Hamdan, Nur Hazirah
title	The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan
title_short	The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan
title_full	The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan
title_fullStr	The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan
title_full_unstemmed	The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan
title_sort	determinants of post-ipo return in malaysia stock market / nur hazirah hamdan
publisher	Faculty of Business and Management
publishDate	2011
url	http://ir.uitm.edu.my/id/eprint/25718/ http://ir.uitm.edu.my/id/eprint/25718/1/PPb_NUR%20HAZIRAH%20HAMDAN%20BM%20M%2011_5.pdf
first_indexed	2023-09-18T23:15:20Z
last_indexed	2023-09-18T23:15:20Z
_version_	1777419073686077440

The determinants of post-IPO return in Malaysia stock market / Nur Hazirah Hamdan

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