Empirical investigation of legal institution on underpricing : evidence from initial public offerings.
Chng, Xue Ru.
Loy, Le Ting.
Teo, Johnny Kim Soon.
Date of Issue2006
College of Business (Nanyang Business School)
The main aim of this study is to make use of investor protection and accounting regulation to capture the essential elements of the legal environment and predict that strong legal environment that leads to improved corporate governance, earnings quality and disclosure will reduce information asymmetry, and hence IPO underpricing.
Final Year Project (FYP)
Nanyang Technological University