Tag: Stock exchange

IPO-linked debt-to-equity falls for Indonesian non-financial firms
What the study found Non-financial companies on the Indonesia Stock Exchange generally showed a lower net debt-to-equity ratio (Net DER, a measure of debt relative to equity) after an initial public offering (IPO). The study found a significant decrease in average Net DER, while the median stayed around 0.3. Why the authors say this matters…

FinTech and board characteristics are linked to higher cash holdings in Jordanian banks
Study of 14 Jordanian banks (2009–2024) reveals significant positive associations between FinTech adoption, board characteristics, and cash holdings, supporting agency and consumer theory.

Stock splits and reverse splits had opposite return effects in Indonesia
Event study analysis shows stock splits boost returns on Indonesian exchanges while reverse splits trigger negative reactions, reflecting divergent investor signals in emerging markets.




