A two-part study on the alternative exchange of South Africa (AltX) : a study on the underpricing of new equity issues listed on the alternative exchange of South Africa and the effects of specific use of disclosure on underpricing

dc.contributor.advisorCorreia, Carlosen_ZA
dc.contributor.authorGondo, G M Ken_ZA
dc.date.accessioned2014-12-30T06:53:45Z
dc.date.available2014-12-30T06:53:45Z
dc.date.issued2007en_ZA
dc.descriptionIncludes bibliographical references (leaves107-113).en_ZA
dc.description.abstractExtensive research has been conducted in a variety of countries investigating the extent of underpricing of initially listed companies. In addition, various studies have been conducted in an attempt to try and establish the relationship between disclosure and underpricing. Underpricing remains a vexing issue that continues to stimulate rigorous debate within economic and accounting research. This study seeks to remedy the omission of recent South African research on this subject. The study looks to establish whether underpricing has occurred on the Alternative Exchange of South Africa, (AltX). The AltX was launched on 27 October 2003, as the junior exchange to the larger Johannesburg Stock Exchange (JSE). The study follows the methodology of a previous South African study, by Barlow and Sparks (1986), which looked at the underpricing of shares on the JSE between the periods 1972 to 1986. This study looks at establishing underpricing on the AltX, during the periods October 2003 to March 2007.en_ZA
dc.identifier.apacitationGondo, G. M. K. (2007). <i>A two-part study on the alternative exchange of South Africa (AltX) : a study on the underpricing of new equity issues listed on the alternative exchange of South Africa and the effects of specific use of disclosure on underpricing</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax. Retrieved from http://hdl.handle.net/11427/10577en_ZA
dc.identifier.chicagocitationGondo, G M K. <i>"A two-part study on the alternative exchange of South Africa (AltX) : a study on the underpricing of new equity issues listed on the alternative exchange of South Africa and the effects of specific use of disclosure on underpricing."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2007. http://hdl.handle.net/11427/10577en_ZA
dc.identifier.citationGondo, G. 2007. A two-part study on the alternative exchange of South Africa (AltX) : a study on the underpricing of new equity issues listed on the alternative exchange of South Africa and the effects of specific use of disclosure on underpricing. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Gondo, G M K AB - Extensive research has been conducted in a variety of countries investigating the extent of underpricing of initially listed companies. In addition, various studies have been conducted in an attempt to try and establish the relationship between disclosure and underpricing. Underpricing remains a vexing issue that continues to stimulate rigorous debate within economic and accounting research. This study seeks to remedy the omission of recent South African research on this subject. The study looks to establish whether underpricing has occurred on the Alternative Exchange of South Africa, (AltX). The AltX was launched on 27 October 2003, as the junior exchange to the larger Johannesburg Stock Exchange (JSE). The study follows the methodology of a previous South African study, by Barlow and Sparks (1986), which looked at the underpricing of shares on the JSE between the periods 1972 to 1986. This study looks at establishing underpricing on the AltX, during the periods October 2003 to March 2007. DA - 2007 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2007 T1 - A two-part study on the alternative exchange of South Africa (AltX) : a study on the underpricing of new equity issues listed on the alternative exchange of South Africa and the effects of specific use of disclosure on underpricing TI - A two-part study on the alternative exchange of South Africa (AltX) : a study on the underpricing of new equity issues listed on the alternative exchange of South Africa and the effects of specific use of disclosure on underpricing UR - http://hdl.handle.net/11427/10577 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/10577
dc.identifier.vancouvercitationGondo GMK. A two-part study on the alternative exchange of South Africa (AltX) : a study on the underpricing of new equity issues listed on the alternative exchange of South Africa and the effects of specific use of disclosure on underpricing. [Thesis]. University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2007 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/10577en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentDepartment of Finance and Taxen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherFinancial Managementen_ZA
dc.titleA two-part study on the alternative exchange of South Africa (AltX) : a study on the underpricing of new equity issues listed on the alternative exchange of South Africa and the effects of specific use of disclosure on underpricingen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMAen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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