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The performance of initial public offerings on the JSE
Includes abstract.
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| Main Author: | |
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
Department of Finance and Tax
2015
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| _version_ | 1867613334443917312 |
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| access_status_str | Open Access |
| author | Govindjee, Heetal |
| author2 | Holman, Glen |
| author_browse | Govindjee, Heetal Holman, Glen |
| author_facet | Holman, Glen Govindjee, Heetal |
| author_sort | Govindjee, Heetal |
| collection | Thesis |
| description | Includes abstract. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/12071 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:34:28.941Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | Department of Finance and Tax |
| publisherStr | Department of Finance and Tax |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/12071 The performance of initial public offerings on the JSE Govindjee, Heetal Holman, Glen Financial Management Includes abstract. Includes bibliographical references. This study examined the performance 60 initial public offerings listing on the JSE main board between 1 January 2000 and 31 December 2011. Significant underpricing of 10.1% and 8.5% was found to exist on the first day and during first week subsequent to the IPO. Underperformance of 14.17% was found using abnormal returns and 12.91% underperformance was found when holding period returns were calculated one year after the IPO. 2015-01-11T05:03:53Z 2015-01-11T05:03:53Z 2012 Master Thesis Masters MCom http://hdl.handle.net/11427/12071 eng application/pdf Department of Finance and Tax Faculty of Commerce University of Cape Town |
| spellingShingle | Financial Management Govindjee, Heetal The performance of initial public offerings on the JSE |
| thesis_degree_str | Master's |
| title | The performance of initial public offerings on the JSE |
| title_full | The performance of initial public offerings on the JSE |
| title_fullStr | The performance of initial public offerings on the JSE |
| title_full_unstemmed | The performance of initial public offerings on the JSE |
| title_short | The performance of initial public offerings on the JSE |
| title_sort | performance of initial public offerings on the jse |
| topic | Financial Management |
| url | http://hdl.handle.net/11427/12071 |
| work_keys_str_mv | AT govindjeeheetal theperformanceofinitialpublicofferingsonthejse AT govindjeeheetal performanceofinitialpublicofferingsonthejse |