The influence of information asymmetry on IPO lock-up provisions: Evidence from emerging markets

• Main Authors: Mohd Rashid, Rasidah, Abdul Rahim, Ruzita, Che-Yahya, Norliza
• Format: Conference or Workshop Item
• Language: English
• Published: 2015
• Subjects: HB Economic Theory
• Online Access: http://repo.uum.edu.my/16289/1/14.pdf; http://repo.uum.edu.my/16289/; http://www.aamc2015.usm.my/

Most of the major shareholders, known as promoters of the firms, are subjected to lock-up ratio for a certain period,following an IPO listing,Interestingly the lock-up ratios among firms vary, suggesting that it serves as a signaling tool to minimize potential conflicts between insiders and uninform...