IPO Performance: Does It Improve Post-COVID-19?

DOI

10.2991/978-94-6463-394-8_11How to use a DOI?

Keywords

COVID-19; Initial Public Offering (IPO); Issue Price; Issue Size; Initial Return; Share Offering Rate; Trading Volume; Underpricing

Abstract

This research aims to analyze how COVID-19 affects Initial Public Offering (IPO) performance by comparing the data consisting of 37 cases during COVID-19 and 25 cases post-COVID-19 using the independent sample t-test. The results show that the share offering rate and trading volume experienced a significant increase post-COVID-19 pandemic, while the issue price and issue size experienced a significant decrease instead. In addition, initial return and underpricing did not show any significant changes post-COVID-19 pandemic.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Melati Melati
PY  - 2024
DA  - 2024/05/02
TI  - IPO Performance: Does It Improve Post-COVID-19?
BT  - Proceedings of the International Conference on Business, Management, Accounting and Sustainable Economy (ICBMASE 2023)
PB  - Atlantis Press
SP  - 106
EP  - 114
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-394-8_11
DO  - 10.2991/978-94-6463-394-8_11
ID  - Melati2024
ER  -