The Endogenous Relationship between IPO Underpricing and Lock-up
碩士 === 靜宜大學 === 財務金融研究所 === 95 === A large proportion of insiders’ stocks are constrained to a lock-up stipulation when carrying out an initial public offering (IPO). Previous studies that ignored concurrent phenomenon only considered one-way causal relationship (i.e. lock-up explains underpricing)....
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2007
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/46879070434417185929 |