Signaling and initial public offerings: The use and impact of the lockup period
To reduce information asymmetries for potential investors considering investment in an IPO
venture, owners can signal the firm's longer-term viability and quality in several ways. The …
venture, owners can signal the firm's longer-term viability and quality in several ways. The …
[HTML][HTML] The effect of lockup and persuasion on online investment decisions: An experimental study in ICOs
Many firms use social media (SM) to solicit online investments. In this study, we examine the
interaction between SM attributes and online-investment attributes to determine how this …
interaction between SM attributes and online-investment attributes to determine how this …
IPO lock-up: a review and assessment
S Narang, RP Pradhan - Decision, 2021 - Springer
Initial public offering (IPO) lock-up is a bonding mechanism that restricts pre-IPO
shareholders and insiders from selling a specific percentage of the shares over a stipulated …
shareholders and insiders from selling a specific percentage of the shares over a stipulated …
Asymmetric information in the IPO aftermarket
Using the adverse selection component of the spread as a measure of asymmetric
information, we investigate how asymmetric information evolves after firms go public. We …
information, we investigate how asymmetric information evolves after firms go public. We …
[PDF][PDF] The impact of market sentiment index on stock returns: An empirical investigation on Kuala Lumpur Stock Exchange
B Almansour - Journal of Arts, Science & Commerce, 2015 - researchgate.net
Modern finance theory documents that investor sentiment should not be priced. This is due
to an element of mispricing where sentiments can be removed when rational investing and …
to an element of mispricing where sentiments can be removed when rational investing and …
[PDF][PDF] Impact of lock-up Provision on two IPO anomalies in the immediate aftermarket
N Che-Yahya, R Abdul-Rahim… - Capital Markets …, 2015 - researchgate.net
Lock-up provision may extend its role as a signaling tool, albeit its practice is mainly to
ensure the commitment of major shareholders to the well-being of IPO companies at least …
ensure the commitment of major shareholders to the well-being of IPO companies at least …
[PDF][PDF] The moderating effect of information asymmetry on the signalling role of institutional investors in the Malaysian IPOs
N Che-Yahya, R Abdul-Rahim… - Asian Journal of …, 2017 - ajba.um.edu.my
Practitioner/Policy implications: The findings provide IPO issuers with an understanding on
the significance of information transparency (ie, low information asymmetry) on investors' …
the significance of information transparency (ie, low information asymmetry) on investors' …
[PDF][PDF] The Malaysian IPO market: Volume, initial returns and economic conditions
This paper analyses the time series behaviour of the IPO volume, initial returns and
economic conditions of the Malaysian IPO market. The ARDL bounds testing approach was …
economic conditions of the Malaysian IPO market. The ARDL bounds testing approach was …
[PDF][PDF] Role of lockup provision and institutional investors in restricting IPO flipping activity: is there a moderating effect of investor demand?
N Che-Yahya, R Abdul-Rahim - Asian Academy of Management …, 2015 - academia.edu
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 …
influence of lockup provision and institutional investors' participation on flipping activity. By …
[BOOK][B] Econophysics and Capital Asset Pricing
J Chen, JM Chen - 2017 - Springer
Despite the rise of multifactor models emphasizing value and firm size, beta remains the
most explanatory element of the risk premium in most asset pricing models. Designed to …
most explanatory element of the risk premium in most asset pricing models. Designed to …