IPO Lockup Expiration and Share Price Effect in Malaysian Market
This paper examines the effect of IPO lockup expiration on share prices for the period of 21 days surrounding the event date. The sample consists of 292 IPOs listed on Bursa Malaysia between May 2003 and December 2012.Lockup in Malaysia is mandatory as opposed to voluntary where it is negotiated bet...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Centre for Promoting Ideas (CPI), USA
2016
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/31067/1/IJBSS%2007%2004%202016%20108-113.pdf |