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...

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Bibliographic Details
Main Authors: Mohamed Arshad, Shamsul Bahrain, Taufil Mohd, Kamarun Nisham, Ahmad Zaluki, Nurwati Ashikkin
Format: Article
Language:English
Published: Centre for Promoting Ideas (CPI), USA 2016
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/31067/1/IJBSS%2007%2004%202016%20108-113.pdf
https://repo.uum.edu.my/id/eprint/31067/
https://www.ijbssnet.com/
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