IPO Lockup Expiry, Market Reaction and Regulatory Change in Malaysian Market
This paper examines the market reaction and regulatory change at the expiration of 292 Malaysian initial public offerings (IPOs) during the period of 2003-2012 involving two lockup regimes. IPO lockup in Malaysia is mandatory as opposed to voluntary where it is negotiated between IPO firm and its un...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Research Institute for Progression of Knowledge
2017
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/31066/1/IJESS%2004%2002%202017%2021-28.pdf |