English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 94586/125118 (76%)
Visitors : 30567123      Online Users : 128
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    政大機構典藏 > 商學院 > 財務管理學系 > 期刊論文 >  Item 140.119/117573
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/117573

    Title: Why Do Insiders Sell Shares Following IPO Lockups?
    Authors: 陳聖賢
    Chen, Hsuan-Chi
    Chen, Sheng-Syan
    Huang, Chia-Wei
    Contributors: 財管系
    Date: 2012
    Issue Date: 2018-06-11 18:13:43 (UTC+8)
    Abstract: We examine long run returns subsequent to the lockup expiration of firms having gone public. We find that returns are negatively associated with abnormal selling by senior executives but unrelated to selling by other insiders. Our results suggest that even though lockup expirations provide an initial opportunity for insiders to diversify their holdings by selling a firm's shares, sales by senior executives are still motivated in part by private information. Sales by other insiders, on the other hand, are consistent with portfolio diversification.
    Relation: Financial Management, Vol.41, No.4, pp.813-847
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1111/j.1755-053X.2012.01217.x
    DOI: 10.1111/j.1755-053X.2012.01217.x
    Appears in Collections:[財務管理學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    813847.pdf679KbAdobe PDF242View/Open

    All items in 政大典藏 are protected by copyright, with all rights reserved.

    社群 sharing

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback