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 days....
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Asian Academy of Management (AAM),
2015.
|
| Subjects: | |
| Online Access: | Get fulltext |