The effects of owners' participation and lockup on IPO underpricing in Malaysia

The effects of owners' participation and lockup on IPO underpricing in Malaysia

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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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Bibliographic Details
Main Author: Wan Hussin, Wan Nordin
Format: Article
Language:English
Published: Asian Academy of Management (AAM) and Penerbit Universiti Sains Malaysia 2005
Subjects:
HG Finance
Online Access:https://repo.uum.edu.my/id/eprint/3580/1/W1.pdf

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