{"product_id":"raising-equity-capitals-von-md-hamid-uddin","title":"Raising Equity Capitals","description":"\u003cp\u003eIn many emerging countries, IPOs are not quickly  listed after fixing the offer price. When an offer  price is fixed well before listing, the initial  underpricing will not necessarily reflect the  intended discount on the offer price. A high  discount may not be able to mitigate the error in  offer pricing, because additional information  revealing during the listing time lag affects IPO  valuation before listing. However, high discount  provides net return to investors after the cost of  funds for issue subscriptions. Malaysian evidence  shows that initial underpricing is significantly  affected by IPO listing time lag, indicating that  IPO valuation changes after the offer price is fixed  when more information about its quality and market  conditions is revealed.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838399867\"\u003e\u003ch3\u003eDynamics of Pricing Initial Public Offers in Malaysia\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838399867","offer_id":39469278625885,"sku":"9783838399867","price":79.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/3c2a1017-c616-4eab-b17c-446a99b436ec.jpg?v=1737265991","url":"https:\/\/shop.autorenwelt.de\/en\/products\/raising-equity-capitals-von-md-hamid-uddin","provider":"Autorenwelt Shop","version":"1.0","type":"link"}