Initial public offering lockup expirations and insider selling.

• المؤلف الرئيسي: Peh, Hwee Hwee.
• مؤلفون آخرون: Krishnamurthi, Chandrasekhar
• التنسيق: Theses and Dissertations
• منشور في: 2008
• الموضوعات: DRNTU::Business::Finance::Equity
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/7612

We examine the microstructure effects of U.S. initial public offering (IPO) lockup expirations in the period of 1998-200 1 for a sample of technology firms. Most IPOs feature lockup agreements, which bar insiders from selling their share holdings for a period, typically 180 days.