The Effect of Share Price and Regulatory Change at Lockup Expiration in Malaysian IPOS
This paper examines the effect of IPO lockup expiration on share prices surrounding the event date involving two lockup regimes. The sample consists of 292 IPOs listed on Bursa Malaysia between May 1,2003 and December 31,2012. Lockup in Malaysia is mandatory where it is regulated by the Securities C...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2016
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/24252/1/4TH%20ICGSE%202016%20102-108.pdf |