Mehmood, Waqas; Mohd-Rashid, Rasidah; Ahmad, Abd Halim; … - In: Pacific Accounting Review 34 (2021) 1, pp. 105-126
Purpose: The purpose of this paper was to examine whether or not the sponsor lock-up ratio, lock-up period, regulation changes and interaction variable (oversubscription [OSR]) affected initial public offering (IPO) initial return. Design/methodology/approach: A complete sample of 111 listed...