 Operating performance of initial public offerings: empirical evidence from OmanS. Ananda and Roslin Lazarus International Journal of Accounting, Auditing and Performance Evaluation, 2024, vol. 20, issue 1/2, 206-224 Abstract: This study tried to examine the operating performance of companies as they moved from private to public on Muscat Stock Exchange between 2007 and 2018. Three regression models were developed to measure the association between the three dependent variables (return on equity, return on sales and return on assets) of the operating performance of IPO companies and the ten independent variables. Regression model results revealed that there exists a significant impact of more than one identified independent variable on sample companies operating performance. The paired sample results revealed no significant difference in the operating performance of sample companies during the pre- and post-IPO periods. The findings of this study contribute a new insight for the literature in the Middle East region to understand the factors influencing the operating performance of companies as they move from private to public. The findings may be useful to policymakers, decision-makers, investors, and researchers. Keywords: IPOs; initial public offerings; operating performance; ownership retention; MSX; Muscat Stock Exchange; Oman. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijaape:v:20:y:2024:i:1/2:p:206-224 Access Statistics for this article More articles in International Journal of Accounting, Auditing and Performance Evaluation from Inderscience Enterprises Ltd |
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