| dc.contributor | 財管系 | zh_TW |
| dc.creator (作者) | 陳聖賢; 黃嘉威 | zh_TW |
| dc.creator (作者) | Chen, Hsuan-Chi | en_US |
| dc.creator (作者) | Chen, Sheng-Syan | en_US |
| dc.creator (作者) | Huang, Chia-Wei | en_US |
| dc.date (日期) | 2012-01 | - |
| dc.date.accessioned | 11-Jun-2018 18:13:43 (UTC+8) | - |
| dc.date.available | 11-Jun-2018 18:13:43 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Jun-2018 18:13:43 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/117573 | - |
| dc.description.abstract (摘要) | 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. | en_US |
| dc.format.extent | 695482 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Financial Management, Vol.41, No.4, pp.813-847 | zh_TW |
| dc.title (題名) | Why Do Insiders Sell Shares Following IPO Lockups? | en_US |
| dc.type (資料類型) | article | - |
| dc.identifier.doi (DOI) | 10.1111/j.1755-053X.2012.01217.x | - |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1111/j.1755-053X.2012.01217.x | - |
