The Effects Of Owners' Participation And Lockup On Ipo Underpricing In Malaysia
Recent theories of initial public offering (IPO) underpricing depart from the traditional asymmetric information models. Two recent IPO underpricing models are Habib and Ljungqvist (2001) and Brav and Gompers (2003). The Malaysian IPO market, characterised by high incidence of secondary offerings...
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| Format: | Article |
| Language: | English |
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Asian Academy of Management (AAM)
2005
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| Online Access: | http://eprints.usm.my/35839/1/AAMJ_10-1-2.pdf |