The effects of owners' participation and lockup on IPO underpricing in Malaysia
Recent theories of initial public offering (IPO undelpricing depart from the traditional asymmetric information models. Two recent IPO underpricing models are Habib and Ljungqvist (2001) and Brav and Gompers (2003). TheMalaysian IPO market,characterised by high incidence of secondary ogerings and IP...
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| Format: | Article |
| Language: | English |
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Asian Academy of Management (AAM) and Penerbit Universiti Sains Malaysia
2005
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| Online Access: | https://repo.uum.edu.my/id/eprint/3580/1/W1.pdf |