Supply Chain Strategy in Initial Public Offering in Malaysia: A Review of Long-Run Share Price Performance

Abstract

Abstract- The paper examined the current status of research regarding the long-run share price performance of initial public offerings (IPO) in Malaysia. The review on previous ‎studies was divided into the followings: underwriter reputation, earnings management, and board variables‎. The paper found that ‎there was a noticeable poor long-run performance, and Malaysian IPOs were lesser than others from developed nations. The evidences of the long-run performance were inconsistent. This paper pinpointed significant factors that could ‎influence the ‎‎long-run share price performance in the Malaysian IPO market. New areas for future research were also suggested

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