The impact of certification on the reduction of information asymmetry, during and post-IPO
Purpose: The purpose of this study is to investigate the existence of information asymmetry displayed in the initial return, and post-IPO financing. Additionally, how sponsor certification influences IPOs and in the post-IPO financing as a means to reduce information asymmetry. Methodology: The study was conducted based on a quantitative research method, followed by a deductive approach, which in