Matches in SemOpenAlex for { <https://semopenalex.org/work/W3205157752> ?p ?o ?g. }
- W3205157752 endingPage "896" @default.
- W3205157752 startingPage "882" @default.
- W3205157752 abstract "Purpose This study aims to examine the impact of sponsors and democratic government on the flipping activity of initial public offerings (IPOs). Design/methodology/approach Based on the sample of 95 IPOs listed on the Pakistan Stock Exchange between January 2000 and December 2019, this study used multiple cross-sectional regression to examine the relationship between sponsors and democratic government on flipping activity. Findings The findings indicate a significant negative association between sponsors and the flipping activity of IPOs. Sponsor(s) signal quality by trying to share accurate information about company values. As a result, the confidence of rational investors in the company’s future prospectus increases and they hold their shares for future gains, which reduces the flipping activity. Also, democratic government, along with sponsors' participation, provides investors with liquidity immediately after listing. Practical limitations/implications The findings of this study have implications for investors as they may assist them make informed decisions about whether or not to invest in an IPO with high sponsor(s) ownership. In addition, issuers should consider the disclosure of sponsor information(s) as such information may directly affect the first day’s trading volumes. Originality/value To the best of the authors’ knowledge, this is the first research study that explores the correlation between sponsors and democratic government and flipping activity of IPO. This study is important for investors and issuers." @default.
- W3205157752 created "2021-10-25" @default.
- W3205157752 creator A5014941907 @default.
- W3205157752 creator A5067975731 @default.
- W3205157752 creator A5087285010 @default.
- W3205157752 creator A5089789325 @default.
- W3205157752 date "2021-10-18" @default.
- W3205157752 modified "2023-09-24" @default.
- W3205157752 title "Do sponsors and democratic government influence the flipping activity of Pakistan IPO? Evidence from developing market" @default.
- W3205157752 cites W1492567078 @default.
- W3205157752 cites W2000196643 @default.
- W3205157752 cites W2090707183 @default.
- W3205157752 cites W2103455162 @default.
- W3205157752 cites W2115573838 @default.
- W3205157752 cites W2128843270 @default.
- W3205157752 cites W2132582515 @default.
- W3205157752 cites W2134391930 @default.
- W3205157752 cites W2141145477 @default.
- W3205157752 cites W2154127363 @default.
- W3205157752 cites W2510652441 @default.
- W3205157752 cites W2538286809 @default.
- W3205157752 cites W2793473677 @default.
- W3205157752 cites W2891692639 @default.
- W3205157752 cites W2955263304 @default.
- W3205157752 cites W3022741853 @default.
- W3205157752 cites W3024136331 @default.
- W3205157752 cites W3121522673 @default.
- W3205157752 cites W3121693921 @default.
- W3205157752 cites W3121767774 @default.
- W3205157752 cites W3122778615 @default.
- W3205157752 cites W3123064824 @default.
- W3205157752 cites W3125831525 @default.
- W3205157752 cites W3172751445 @default.
- W3205157752 cites W4238899567 @default.
- W3205157752 cites W786126560 @default.
- W3205157752 cites W2231109430 @default.
- W3205157752 doi "https://doi.org/10.1108/mrr-02-2021-0137" @default.
- W3205157752 hasPublicationYear "2021" @default.
- W3205157752 type Work @default.
- W3205157752 sameAs 3205157752 @default.
- W3205157752 citedByCount "2" @default.
- W3205157752 countsByYear W32051577522021 @default.
- W3205157752 countsByYear W32051577522022 @default.
- W3205157752 crossrefType "journal-article" @default.
- W3205157752 hasAuthorship W3205157752A5014941907 @default.
- W3205157752 hasAuthorship W3205157752A5067975731 @default.
- W3205157752 hasAuthorship W3205157752A5087285010 @default.
- W3205157752 hasAuthorship W3205157752A5089789325 @default.
- W3205157752 hasConcept C10138342 @default.
- W3205157752 hasConcept C11012388 @default.
- W3205157752 hasConcept C119857082 @default.
- W3205157752 hasConcept C121955636 @default.
- W3205157752 hasConcept C12559387 @default.
- W3205157752 hasConcept C138170105 @default.
- W3205157752 hasConcept C138885662 @default.
- W3205157752 hasConcept C144133560 @default.
- W3205157752 hasConcept C162324750 @default.
- W3205157752 hasConcept C162853370 @default.
- W3205157752 hasConcept C17744445 @default.
- W3205157752 hasConcept C183582576 @default.
- W3205157752 hasConcept C199539241 @default.
- W3205157752 hasConcept C200870193 @default.
- W3205157752 hasConcept C2776291640 @default.
- W3205157752 hasConcept C2776950860 @default.
- W3205157752 hasConcept C2778137410 @default.
- W3205157752 hasConcept C2780916735 @default.
- W3205157752 hasConcept C41008148 @default.
- W3205157752 hasConcept C41895202 @default.
- W3205157752 hasConcept C555826173 @default.
- W3205157752 hasConcept C556758197 @default.
- W3205157752 hasConcept C94625758 @default.
- W3205157752 hasConceptScore W3205157752C10138342 @default.
- W3205157752 hasConceptScore W3205157752C11012388 @default.
- W3205157752 hasConceptScore W3205157752C119857082 @default.
- W3205157752 hasConceptScore W3205157752C121955636 @default.
- W3205157752 hasConceptScore W3205157752C12559387 @default.
- W3205157752 hasConceptScore W3205157752C138170105 @default.
- W3205157752 hasConceptScore W3205157752C138885662 @default.
- W3205157752 hasConceptScore W3205157752C144133560 @default.
- W3205157752 hasConceptScore W3205157752C162324750 @default.
- W3205157752 hasConceptScore W3205157752C162853370 @default.
- W3205157752 hasConceptScore W3205157752C17744445 @default.
- W3205157752 hasConceptScore W3205157752C183582576 @default.
- W3205157752 hasConceptScore W3205157752C199539241 @default.
- W3205157752 hasConceptScore W3205157752C200870193 @default.
- W3205157752 hasConceptScore W3205157752C2776291640 @default.
- W3205157752 hasConceptScore W3205157752C2776950860 @default.
- W3205157752 hasConceptScore W3205157752C2778137410 @default.
- W3205157752 hasConceptScore W3205157752C2780916735 @default.
- W3205157752 hasConceptScore W3205157752C41008148 @default.
- W3205157752 hasConceptScore W3205157752C41895202 @default.
- W3205157752 hasConceptScore W3205157752C555826173 @default.
- W3205157752 hasConceptScore W3205157752C556758197 @default.
- W3205157752 hasConceptScore W3205157752C94625758 @default.
- W3205157752 hasIssue "7" @default.
- W3205157752 hasLocation W32051577521 @default.
- W3205157752 hasOpenAccess W3205157752 @default.
- W3205157752 hasPrimaryLocation W32051577521 @default.