Sustainable IPO Proceeds' Disclosure and Survival of Companies

Norliza Che Yahya; Siti Sarah Alyasa Gan; Rand Kwong Yew Low

doi:10.21834/ebpj.v7i21.3695

Sustainable IPO Proceeds' Disclosure and Survival of Companies

Norliza Che Yahya, Siti Sarah Alyasa Gan, Rand Kwong Yew Low

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

Abstract

We examine the sustainable disclosure of IPO proceeds on 423 companies' survival in the Malaysian market from 2000 to 2014. Using survival analysis, we find that the companies' survival can be predicted by the proportion of IPO proceeds and their time frame, with debt repayment being the critical driver of companies' survival. We provide empirical support for securities regulators to include strategic use and timeframe of utilization of IPO proceeds in their information disclosure requirements to protect investors' interests and improve companies' post-IPO survival.

Original language	English
Title of host publication	Proceedings of 10th Asia-Pacific International Conference on E-B Studies
Publisher	e-International Publishing House, Limited
Pages	57-63
Number of pages	7
DOIs	https://doi.org/10.21834/ebpj.v7i21.3695
Publication status	Published - 30 Sept 2022
Externally published	Yes
Event	10th Asia-Pacific International Conference on Environment-Behaviour Studies - The Magellan Sutera Resort, Sabah, Malaysia Duration: 7 Sept 2022 → 8 Sept 2022 https://www.amerabra.org/index.php/memories-10th-aice-bs2022kotakinabalu-malaysia-07-08-sep-2022/

Publication series

Name	Environment-Behaviour Proceedings Journal
ISSN (Print)	2398-4287

Conference

Conference	10th Asia-Pacific International Conference on Environment-Behaviour Studies
Country/Territory	Malaysia
City	Sabah
Period	7/09/22 → 8/09/22
Internet address	https://www.amerabra.org/index.php/memories-10th-aice-bs2022kotakinabalu-malaysia-07-08-sep-2022/

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10.21834/ebpj.v7i21.3695Licence: CC BY-NC-ND

Cite this

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title = "Sustainable IPO Proceeds' Disclosure and Survival of Companies",

abstract = "We examine the sustainable disclosure of IPO proceeds on 423 companies' survival in the Malaysian market from 2000 to 2014. Using survival analysis, we find that the companies' survival can be predicted by the proportion of IPO proceeds and their time frame, with debt repayment being the critical driver of companies' survival. We provide empirical support for securities regulators to include strategic use and timeframe of utilization of IPO proceeds in their information disclosure requirements to protect investors' interests and improve companies' post-IPO survival.",

author = "Yahya, {Norliza Che} and Gan, {Siti Sarah Alyasa} and Low, {Rand Kwong Yew}",

year = "2022",

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doi = "10.21834/ebpj.v7i21.3695",

language = "English",

series = "Environment-Behaviour Proceedings Journal",

publisher = "e-International Publishing House, Limited",

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booktitle = "Proceedings of 10th Asia-Pacific International Conference on E-B Studies",

note = "10th Asia-Pacific International Conference<br/>on Environment-Behaviour Studies ; Conference date: 07-09-2022 Through 08-09-2022",

url = "https://www.amerabra.org/index.php/memories-10th-aice-bs2022kotakinabalu-malaysia-07-08-sep-2022/",

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Yahya, NC, Gan, SSA & Low, RKY 2022, Sustainable IPO Proceeds' Disclosure and Survival of Companies. in Proceedings of 10th Asia-Pacific International Conference on E-B Studies. Environment-Behaviour Proceedings Journal, e-International Publishing House, Limited, pp. 57-63, 10th Asia-Pacific International Conference
on Environment-Behaviour Studies, Sabah, Malaysia, 7/09/22. https://doi.org/10.21834/ebpj.v7i21.3695

Sustainable IPO Proceeds' Disclosure and Survival of Companies. / Yahya, Norliza Che; Gan, Siti Sarah Alyasa; Low, Rand Kwong Yew.
Proceedings of 10th Asia-Pacific International Conference on E-B Studies. e-International Publishing House, Limited, 2022. p. 57-63 (Environment-Behaviour Proceedings Journal).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

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AB - We examine the sustainable disclosure of IPO proceeds on 423 companies' survival in the Malaysian market from 2000 to 2014. Using survival analysis, we find that the companies' survival can be predicted by the proportion of IPO proceeds and their time frame, with debt repayment being the critical driver of companies' survival. We provide empirical support for securities regulators to include strategic use and timeframe of utilization of IPO proceeds in their information disclosure requirements to protect investors' interests and improve companies' post-IPO survival.

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DO - 10.21834/ebpj.v7i21.3695

M3 - Conference contribution

T3 - Environment-Behaviour Proceedings Journal

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BT - Proceedings of 10th Asia-Pacific International Conference on E-B Studies

PB - e-International Publishing House, Limited

T2 - 10th Asia-Pacific International Conference<br/>on Environment-Behaviour Studies

Y2 - 7 September 2022 through 8 September 2022

ER -

Sustainable IPO Proceeds' Disclosure and Survival of Companies

Abstract

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