Renneboog, Luc; Goergen, M.; Khurshed, A. - Tilburg University, Center for Economic Research - 2004
We analyse the characteristics of lockup agreements of IPOs on the Neuer Markt and the Nouveau Marche from 1996 to 2000.Even though both markets were part of the same EuroNM network, the characteristics of their lockup agreements are substantially different.Firm characteristics have a major...