CAN ACCOUNTING INFORMATION ACT AS A PROXY FOR EX ANTE UNCERTAINTY IN INITIAL PUBLIC OFFERINGS?

Article English OPEN
Gumanti, Tatang Ary;
(2003)
  • Publisher: Master of Management, Faculty of Economics and Business, Universitas Gadjah Mada
  • Journal: Gadjah Mada International Journal of Business (issn: 2338-7238, eissn: 1411-1128)
  • Related identifiers: doi: 10.22146/gamaijb.5405
  • Subject: HF5001-6182 | Business | accounting information | initial public offering (IPO), under pricing | ex-ante uncertainty | accounting information; ex-ante uncertainty; initial public offering (IPO), under pricing

This paper reviews and summarizes previous works and the rationale for the proposition that accounting information is in fact value relevant in the determination of an initial public offering IPO).Theoretical and empirical evidence has indicated that certain accounting ... View more