IPO Lockup Expiry, Market Reaction and Regulatory Change in Malaysian Market

This paper examines the market reaction and regulatory change at the expiration of 292 Malaysian initial public offerings (IPOs) during the period of 2003-2012 involving two lockup regimes. IPO lockup in Malaysia is mandatory as opposed to voluntary where it is negotiated between IPO firm and its un...

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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: Research Institute for Progression of Knowledge 2017
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/31066/1/IJESS%2004%2002%202017%2021-28.pdf
https://repo.uum.edu.my/id/eprint/31066/
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