DETERMINANTS OF GOING PUBLIC ABROAD

Oentoro, Franciska (2011) DETERMINANTS OF GOING PUBLIC ABROAD. S1 thesis, UAJY.

Preview	Text (Title Page) 0EMI16055.pdf Download (758kB) | Preview
Preview	Text (Chapter I) 1EMI16055.pdf Download (83kB) | Preview
Preview	Text (Chapter II) 2EMI16055.pdf Download (129kB) | Preview
	Text (Chapter III) 3EMI16055.pdf Restricted to Registered users only Download (132kB)
	Text (Chapter IV) 4EMI16055.pdf Restricted to Registered users only Download (127kB)
Preview	Text (Chapter V) 5EMI16055.pdf Download (144kB) | Preview

Abstract

This research tries to analyze determinant of going public abroad. The determinants are firm size, profitability and growth, foreign sales, size of the stock and bond market according to Caglio, Hanley, Westberg (2010). This research would like to determine whether the findings reported in previous studies can be confirmed with the selection of variables, also how that determinant affect to go public abroad decision and what the primary driver may influence the decision to go public abroad. The samples are firms from active market in Asia region(China,India, Indonesia, Malaysia, Singapore, South Korea, Taiwan) which are 27 firms issued foreign IPO in international capital market and 26 firms issued domestic IPO from 1999 until 2009. This research using logit analysis. The logit analysis shows that firm size, profitability and growth, size of the stock and bond market are insignificant, and only foreign sales showed significant result and positively affect to going public abroad.

Actions (login required)

View Item