Open Access

Operating performance of SMEs in Thailand after going public


Cite

Ahmad-Zaluki, A.N., (2008), “Post-IPO Operating Performance and Earning Management”, International Business Research, 1(2), pp. 39-4810.5539/ibr.v1n2p39Search in Google Scholar

Allen, F., Faulhaber, G., (1989), “Signalling by underpricing in the IPO market”, Journal of Financial Economics., 23 (2), pp. 303-32310.1016/0304-405X(89)90060-3Open DOISearch in Google Scholar

Anderson, H., Chi, J., and Wang. Q., (2015), “IPO Performance on China’ Newest Stock Market (ChiNext)”, The Chinese Economy, Vol. 48, pp. 87-11310.1080/10971475.2015.993215Search in Google Scholar

Arik, E., and Mutlu E., (2015), “Post-Initial Public Offering Performance and Its Determinants: Initial Public Offering Characteristics and Corporate Governance Practices”. Emerging Markets Finance and Trade, 51, pp. S62-S8310.1080/1540496X.2014.998943Search in Google Scholar

Chi, J., and Oadgett, C., (2006), “Operating Performance and Its Relationship to Market Performance of Chinese Initial Public Offerings”, The Chinese Economy, 39 (5), pp. 28-50. doi.10.2743/CES1097-147539050210.2743/CES1097-1475390502Open DOISearch in Google Scholar

Jain, B.A., and Kini, O. (1994), “The Post-Issue Operating Performance of IPO Firms”, The Journal of Finance, 49, pp. 1699-172610.1111/j.1540-6261.1994.tb04778.xSearch in Google Scholar

Jensen, M., and Mecking, H.M., (1976), “Theory of Firm: Managerial Behavior, Agency Costs and Ownership Structure”. Journal of Financial Economics, 3(4) pp. 305-360, doi.org/10.1016/0304-405X(76)90026-X10.1016/0304-405X(76)90026-XOpen DOISearch in Google Scholar

Kim, K.A., Kitsabunnarat, P., and Nofsinger, J.R., (2004), “Ownership and operating performance in an emerging market: evidence from Thai IPO firms”. Journal of Corporate Finance, 10, pp. 355-38110.1016/S0929-1199(02)00019-6Search in Google Scholar

Kutsuna, K., Okamura, H., Cowling, M., (2002), “Ownership structure pre- and post-IPOs and the operating performance of JASDAQ companies”. Pacific-Basin Finance Journal, 10, pp. 163-18110.1016/S0927-538X(01)00041-5Search in Google Scholar

Limpaphayom, P., and Ngamwutikul, A., (2004), “Ownership Structure and Post-Issue Operating Performance of Firms Conducting Seasoned Equity Offerings in Thailand”, 28(3), pp. 307-33210.1007/BF02751735Search in Google Scholar

McConaughy, L.D., Dhatt, S.M., Kim, H.Y., (1996), “Agency Costs, Market Discipline and Market Timing: Evidence from Post-IPO Operating Performance” Entrepreneurship Theory and Practice, 20(2), pp 43-57, doi.org/10.1177%2F10422587960200020510.1177/104225879602000205Search in Google Scholar

SET Annual Report, Stock Exchange of Thailand (2014), https://www.set.or.th/en/about/annual/files/annual_report_2014_en.pdfSearch in Google Scholar

SET Annual Report, Stock Exchange of Thailand (2017), https://www.set.or.th/en/about/annual/files/annual_report_2017_en.pdfSearch in Google Scholar

SME Promotion Master Plan, Office of SMEs Promotion (OSMEP) (2016), http://www.sme.go.th/th/index.php/about-osmep/promote/plan2Search in Google Scholar

Xie, X., (2010), “Are publicly held firms less efficient? Evidence from the US property-liability insurance industry”, Journal of Banking & Finance, Vol. 34, pp. 1549-156310.1016/j.jbankfin.2010.01.007Open DOISearch in Google Scholar