FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3202487137> ?p ?o ?g. }

• W3202487137 endingPage "578" @default.
• W3202487137 startingPage "558" @default.
• W3202487137 abstract "Purpose This paper aimed to explore the effect of a regulatory change pertaining to earnings forecasts disclosure from a mandatory to a voluntary regime on the valuation of Malaysian initial public offerings (IPOs). Design/methodology/approach The study employed ordinary least square (OLS) regression and quantile regression to analyse the impact of disclosure of earnings forecasts regulation on the valuation of IPOs which comprised 458 IPOs reported for the period 2000–2017 on Bursa Malaysia. Findings This paper revealed that the regulatory change in forecasted earnings disclosure from a mandatory to a voluntary regime, effective from 1 February 2008, had a negative impact on the valuation of IPOs. The regime change did not improve the transparency of firms issuing IPOs. In fact, the absence of forecasted earnings information in most IPO prospectuses caused ex ante uncertainties to increase. Voluntary disclosure, however, had a significant positive relationship with the valuation of the IPOs issued during the global financial crisis period (2008–2010). Firms concealed their poor qualities by excluding forecasted earnings information from their prospectuses in order to have a fair valuation. Practical implications The findings may be used by policymakers as guidance in improving the existing regulation regarding the disclosure of forecasted earnings. Originality/value This paper provides new insight on the effect of a regulatory change pertaining to earnings forecasts disclosure from a mandatory to a voluntary regime on the valuation of Malaysian IPOs. It also provides evidence that the regulatory change of earnings forecast disclosure affects the IPOs' values listed during the global financial crisis period." @default.
• W3202487137 created "2021-10-11" @default.
• W3202487137 creator A5021716483 @default.
• W3202487137 creator A5035079135 @default.
• W3202487137 creator A5067975731 @default.
• W3202487137 creator A5089789325 @default.
• W3202487137 date "2021-10-06" @default.
• W3202487137 modified "2023-09-23" @default.
• W3202487137 title "Does disclosure of earnings forecasts regulation affect the valuation of IPOs? Evidence from an emerging country" @default.
• W3202487137 cites W1851776203 @default.
• W3202487137 cites W1968448304 @default.
• W3202487137 cites W1970217741 @default.
• W3202487137 cites W1972208663 @default.
• W3202487137 cites W1978154834 @default.
• W3202487137 cites W1981233159 @default.
• W3202487137 cites W1981566670 @default.
• W3202487137 cites W2007276166 @default.
• W3202487137 cites W2009332426 @default.
• W3202487137 cites W2022615875 @default.
• W3202487137 cites W2029969296 @default.
• W3202487137 cites W2038231319 @default.
• W3202487137 cites W2043845760 @default.
• W3202487137 cites W2053319090 @default.
• W3202487137 cites W2054630822 @default.
• W3202487137 cites W2071568653 @default.
• W3202487137 cites W2081718676 @default.
• W3202487137 cites W2084258130 @default.
• W3202487137 cites W2089858078 @default.
• W3202487137 cites W2098684211 @default.
• W3202487137 cites W2125243659 @default.
• W3202487137 cites W2132582515 @default.
• W3202487137 cites W2134391930 @default.
• W3202487137 cites W2156109180 @default.
• W3202487137 cites W2562062561 @default.
• W3202487137 cites W2609147293 @default.
• W3202487137 cites W2769468103 @default.
• W3202487137 cites W2807319062 @default.
• W3202487137 cites W2807342867 @default.
• W3202487137 cites W2891692639 @default.
• W3202487137 cites W2966576154 @default.
• W3202487137 cites W2968157217 @default.
• W3202487137 cites W3026255343 @default.
• W3202487137 cites W3030161886 @default.
• W3202487137 cites W3108801627 @default.
• W3202487137 cites W3121144030 @default.
• W3202487137 cites W3122306228 @default.
• W3202487137 cites W3123130467 @default.
• W3202487137 cites W3123557008 @default.
• W3202487137 cites W3124083727 @default.
• W3202487137 cites W3124739000 @default.
• W3202487137 cites W3124840964 @default.
• W3202487137 cites W3125497249 @default.
• W3202487137 cites W3126080927 @default.
• W3202487137 cites W3127074622 @default.
• W3202487137 cites W4229811043 @default.
• W3202487137 cites W4241653265 @default.
• W3202487137 cites W2163115390 @default.
• W3202487137 doi "https://doi.org/10.1108/ara-09-2020-0142" @default.
• W3202487137 hasPublicationYear "2021" @default.
• W3202487137 type Work @default.
• W3202487137 sameAs 3202487137 @default.
• W3202487137 citedByCount "2" @default.
• W3202487137 countsByYear W32024871372023 @default.
• W3202487137 crossrefType "journal-article" @default.
• W3202487137 hasAuthorship W3202487137A5021716483 @default.
• W3202487137 hasAuthorship W3202487137A5035079135 @default.
• W3202487137 hasAuthorship W3202487137A5067975731 @default.
• W3202487137 hasAuthorship W3202487137A5089789325 @default.
• W3202487137 hasConcept C10138342 @default.
• W3202487137 hasConcept C121955636 @default.
• W3202487137 hasConcept C12559387 @default.
• W3202487137 hasConcept C144133560 @default.
• W3202487137 hasConcept C162324750 @default.
• W3202487137 hasConcept C186027771 @default.
• W3202487137 hasConcept C2779055846 @default.
• W3202487137 hasConcept C2780916735 @default.
• W3202487137 hasConcept C2781426361 @default.
• W3202487137 hasConceptScore W3202487137C10138342 @default.
• W3202487137 hasConceptScore W3202487137C121955636 @default.
• W3202487137 hasConceptScore W3202487137C12559387 @default.
• W3202487137 hasConceptScore W3202487137C144133560 @default.
• W3202487137 hasConceptScore W3202487137C162324750 @default.
• W3202487137 hasConceptScore W3202487137C186027771 @default.
• W3202487137 hasConceptScore W3202487137C2779055846 @default.
• W3202487137 hasConceptScore W3202487137C2780916735 @default.
• W3202487137 hasConceptScore W3202487137C2781426361 @default.
• W3202487137 hasIssue "4" @default.
• W3202487137 hasLocation W32024871371 @default.
• W3202487137 hasOpenAccess W3202487137 @default.
• W3202487137 hasPrimaryLocation W32024871371 @default.
• W3202487137 hasRelatedWork W1511741873 @default.
• W3202487137 hasRelatedWork W1564745206 @default.
• W3202487137 hasRelatedWork W2058512062 @default.
• W3202487137 hasRelatedWork W2094219628 @default.
• W3202487137 hasRelatedWork W2101981949 @default.
• W3202487137 hasRelatedWork W2945217875 @default.
• W3202487137 hasRelatedWork W3124987800 @default.
• W3202487137 hasRelatedWork W3158136804 @default.

• next