Drought in Equity Initial Public Offers in Kenya: A Demand Perspective

Purpose. Investors sentiments on initial public offers (IPOs) determine effective demand of new equity offerings. When sentiments are negative, demand of IPO shares shrinks and firms often shelf they equity offers than risk a subscription bound to fail. Shelving of offers results to prolonged IPO d...

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Bibliographic Details
Main Author: Samuel Kinyuah
Format: Article
Language:English
Published: CSRC Publishing 2025-03-01
Series:Journal of Accounting and Finance in Emerging Economies
Subjects:
Online Access:https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/3276
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