IPOs with reserved shares and their post-IPO performance
Can the allocation of reserved shares to a firm’s employees be exploited as a possible signaling tool that separates high-quality firms from low-quality firms at their initial public offering (IPO)? In this paper, we will explore the signaling effect of reserved shares by investigating the relat...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2010
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/38534 |