The influence of IPO underpricing and lock-up period coverage on buy and hold return
碩士 === 國立中山大學 === 企業管理學系研究所 === 91 === Why are initial public offerings (IPOs) underpriced? We consider this is a strategy that insiders use to maximize their personal wealth. When a company offers shares in an initial public offering, insiders typically enter into a lock-up restriction which prohib...
| Main Authors: | , |
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2003
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| Online Access: | http://ndltd.ncl.edu.tw/handle/44705597885777269486 |