Lockup Expirations in Brazilian IPOs
In this study, we conducted an event study of 100 Brazilian IPO’s from 2004 to 2010 to detect if there was any significant abnormal returns after the expiration of the IPO lockup period, during which pre-IPO shareholders are prevented from selling their shares. We found no significant abnormal retur...
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Format: | Others |
Language: | English |
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KTH, Entreprenörskap och Innovation
2012
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Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-154564 |