Role Of Lockup Provision And Institutional Investors In Restricting Ipo Flipping Activity: Is There A Moderating Effect Of Investor Demand?
This paper examines the moderating effect of pre-listing investor demand on the direct influence of lockup provision and institutional investors' participation on flipping activity. By definition, flipping activity is a liquidation of IPOs by new shareholders during the first few trading day...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Asian Academy of Management (AAM)
2015
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| Subjects: | |
| Online Access: | http://eprints.usm.my/37896/1/aamjaf110215_01.pdf http://eprints.usm.my/37896/ http://web.usm.my/journal/aamjaf/11-2-1-2015.html |
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| Institution: | Universiti Sains Malaysia |
| Language: | English |