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العنوان
أثر الطرح العام على مؤشر البورصة المصرية /
المؤلف
عبد الواحد, قطر الندى عبد الواحد أحمد .
هيئة الاعداد
باحث / قطر الندي عبد الواحد احمد
مشرف / محروس احمد حسن
مشرف / هيام حسن وهبه
مناقش / محمود عبد الهادي صبح
مناقش / محمد رأفت
الموضوع
التجارة محاسبة
تاريخ النشر
2013 .
عدد الصفحات
122ص. :
اللغة
العربية
الدرجة
ماجستير
التخصص
الإقتصاد ، الإقتصاد والمالية (متفرقات)
تاريخ الإجازة
1/1/2013
مكان الإجازة
جامعة عين شمس - كلية التجارة - إدارة الأعمال
الفهرس
يوجد فقط 14 صفحة متاحة للعرض العام

from 109

from 109

المستخلص

Problem of the study:
Does initial and Seasoned public offering on the Egyptian Stock Exchange index first day of trading?
Hypotheses of the study:
- The first hypotheses:
There is no Significant between the yield initial public offering and the initial yield for the market index in the first day of trading. (from the first day of trading and even before and after 30 days).
- The second hypotheses:
There is no Significant between the yield seasoned public offering and the initial yield for the market index in the first day of trading. (from the first day of trading and even before and after 30 days).
Objectives of the study:
1- Test of hypotheses.
2- To recommend increase esstation the effect of initial and seasoned. public offering on the Egyptian Stock Market Index.
The importance of the study:
1- The first Research to study the effect of initial and seasoned public offering on the Egyptian Stock Market Index the study year (2008 and even in 2012).
2- To complete proved study.
الملخص باللغة الإنجليزية
Sample used:
The researcher used method of comprehensive inventory of all IPO companies that are traded in the stock exchange listed under the EGX30 index and currency restricted in Egyptian pounds, and has an initial and seasoned public offering. Corporate research community of the 14 companies, including 3 companies a initial public offering and 11 companies seasoned public offering
Data Sources:
- WW W. egid Egypt. com First and Hand information. - Egyptian Stock Exchange bulletins.
- Capital Market Authority in Cairo, the General Administration of information.
The time span of the study:
The start time span of the study year (2008 and even in 2012) include a public offering in the Egyptian Stock Exchange due choose researcher for that time span because of the different nature of the Egyptian market and the nature of the Egyptian investor and the laws regulating the market in the span from (2001 to 2004), activity stops IPO Egyptian Stock Exchange, and in the span of the year (2005 and until late 2007) almost every year.
الملخص باللغة الإنجليزية
Results and recommendations:
Results: Measurement and interpretation of results yield initial public offering Reached first hypotheses test results
1 - Average yield positive initial significantly by 87. % Of initial public offering, with a standard deviation of 6.5%, and the average initial yield for the market index significantly negative by 22% with a standard deviation of 1.41, and the average initial yield additional negative 1.06%, with a standard deviation of 6.31%.
2 - Yield significant initial public offering.
3– Yield significant market index (EGX30).
4- Initial yield significant additional.
5 - There is no significance to a correlation coefficient Reverse weak correlation between the independent variables and the dependent variable and therefore can not formulate the equation. The study proved the existence of the imposition of information asymmetry among investors as a result of under price initial than the real value of the IPO because:
- yield significant initial public offering and yield significant initial Egyptian market index.
The results of the second test the hypotheses 1 - Average yield initial negative by 9. % To subtract money, with a standard deviation of 7%, and the average initial yield for the market index minus 1%, With a standard deviation of 1.9%, and the average initial yield additional positive 8. 0%, with a standard deviation of 6.8%.
2 - Not yield significant seasoned public offering.
الملخص باللغة الإنجليزية
3- Yield significant initial market index (EGX30).
4 – Not yield significant additional initial.
5 - There are statistically significant because of the link (significant correlation) between the independent variables and the dependent variable and the equation have an impact on the form and can be formulated equation of a straight line, and the significant correlation coefficient moral weak.
Recommendations:
1 - Must spread the culture and awareness for clients in the Egyptian stock market of the exporting companies new ordinary shares or equities and corporate security agency and through the media and training courses.
2 - Historical information must be published on the internet for the movement of share prices on the Egyptian stock indexes from the reality of daily data, the difficulty get and buy those Indicators exorbitant amounts.
3 - Applied recommend researchers to study to test the effect of the IPO to raise capital on the stock value of the company exporter, taking into account the capital increase funded from shareholders’ retained earnings distributions. The researcher did not take dividends in the study as an independent variable and because dividends on an annual basis fulfilled and daily data of the study.