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Post Operating Performance and IPO Issue Timing: the Developing Country Experience |
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| รหัสดีโอไอ | |
| Creator | Nareeporn Kongthon |
| Title | Post Operating Performance and IPO Issue Timing: the Developing Country Experience |
| Publisher | Stamford International University |
| Publication Year | 2558 |
| Journal Title | ASEAN Journal of Management & Innovation |
| Journal Vol. | 2 |
| Journal No. | 2 |
| Page no. | 37-47 |
| Keyword | post operating performance, initial public offerings, small and medium enterprises, issue timing, financial crisis, developing country |
| ISSN | 2351-0307 |
| Abstract | This research aims to examine the post-issue operating performance of newly issued stocks of small and medium companies. The research found a significant decline in operating performance after listing. It is evident that issue timing affects risks and volatility of operating performance. Issuing initial public offering (IPO) stocks prior to the financial crisis demonstrated the lowest performance compared to other scenarios, whereas issuing IPOs during the crisis illustrated high volatility of operating performance. |
