Matches in SemOpenAlex for { <https://semopenalex.org/work/W4230784414> ?p ?o ?g. }
- W4230784414 endingPage "530" @default.
- W4230784414 startingPage "519" @default.
- W4230784414 abstract "Abstract Lockups are agreements made by insiders of stock-issuing firms to abstain from selling shares for a specified period of time after the issue. Brav and Gompers (2003) suggest that lockups are a bonding solution to a moral hazard problem and not a signaling solution to an adverse selection problem. We challenge this conclusion theoretically and empirically. In our model, insiders of good firms signal by putting and keeping (locking up) their money where their mouths are. Our model yields two comparative statics: lockups should be shorter when a firm is i) more transparent and/or ii) more risky. Using a sample of 4,013 initial public offerings and 3,279 seasoned equity offerings between 1988 and 1999, we find empirical support for our theoretical predictions." @default.
- W4230784414 created "2022-05-11" @default.
- W4230784414 creator A5024927951 @default.
- W4230784414 creator A5031198267 @default.
- W4230784414 creator A5068052492 @default.
- W4230784414 date "2005-09-01" @default.
- W4230784414 modified "2023-09-27" @default.
- W4230784414 title "Lockups Revisited" @default.
- W4230784414 cites W114934338 @default.
- W4230784414 cites W1588907421 @default.
- W4230784414 cites W1969632991 @default.
- W4230784414 cites W1973337993 @default.
- W4230784414 cites W1976545335 @default.
- W4230784414 cites W1989439403 @default.
- W4230784414 cites W2008536021 @default.
- W4230784414 cites W2019712056 @default.
- W4230784414 cites W2071869434 @default.
- W4230784414 cites W2109183455 @default.
- W4230784414 cites W2147245153 @default.
- W4230784414 cites W3121844108 @default.
- W4230784414 cites W3123110835 @default.
- W4230784414 cites W3123605165 @default.
- W4230784414 cites W3123828917 @default.
- W4230784414 cites W3124787240 @default.
- W4230784414 cites W3125375875 @default.
- W4230784414 doi "https://doi.org/10.1017/s002210900000185x" @default.
- W4230784414 hasPublicationYear "2005" @default.
- W4230784414 type Work @default.
- W4230784414 citedByCount "60" @default.
- W4230784414 countsByYear W42307844142012 @default.
- W4230784414 countsByYear W42307844142013 @default.
- W4230784414 countsByYear W42307844142014 @default.
- W4230784414 countsByYear W42307844142015 @default.
- W4230784414 countsByYear W42307844142016 @default.
- W4230784414 countsByYear W42307844142017 @default.
- W4230784414 countsByYear W42307844142018 @default.
- W4230784414 countsByYear W42307844142019 @default.
- W4230784414 countsByYear W42307844142020 @default.
- W4230784414 countsByYear W42307844142021 @default.
- W4230784414 countsByYear W42307844142022 @default.
- W4230784414 countsByYear W42307844142023 @default.
- W4230784414 crossrefType "journal-article" @default.
- W4230784414 hasAuthorship W4230784414A5024927951 @default.
- W4230784414 hasAuthorship W4230784414A5031198267 @default.
- W4230784414 hasAuthorship W4230784414A5068052492 @default.
- W4230784414 hasConcept C106159729 @default.
- W4230784414 hasConcept C12559387 @default.
- W4230784414 hasConcept C127413603 @default.
- W4230784414 hasConcept C143724316 @default.
- W4230784414 hasConcept C144133560 @default.
- W4230784414 hasConcept C151730666 @default.
- W4230784414 hasConcept C162118730 @default.
- W4230784414 hasConcept C162324750 @default.
- W4230784414 hasConcept C175444787 @default.
- W4230784414 hasConcept C17744445 @default.
- W4230784414 hasConcept C185592680 @default.
- W4230784414 hasConcept C198531522 @default.
- W4230784414 hasConcept C199539241 @default.
- W4230784414 hasConcept C199728807 @default.
- W4230784414 hasConcept C204036174 @default.
- W4230784414 hasConcept C2780202544 @default.
- W4230784414 hasConcept C29122968 @default.
- W4230784414 hasConcept C2988984586 @default.
- W4230784414 hasConcept C32252159 @default.
- W4230784414 hasConcept C43617362 @default.
- W4230784414 hasConcept C48875124 @default.
- W4230784414 hasConcept C556758197 @default.
- W4230784414 hasConcept C78519656 @default.
- W4230784414 hasConcept C86803240 @default.
- W4230784414 hasConceptScore W4230784414C106159729 @default.
- W4230784414 hasConceptScore W4230784414C12559387 @default.
- W4230784414 hasConceptScore W4230784414C127413603 @default.
- W4230784414 hasConceptScore W4230784414C143724316 @default.
- W4230784414 hasConceptScore W4230784414C144133560 @default.
- W4230784414 hasConceptScore W4230784414C151730666 @default.
- W4230784414 hasConceptScore W4230784414C162118730 @default.
- W4230784414 hasConceptScore W4230784414C162324750 @default.
- W4230784414 hasConceptScore W4230784414C175444787 @default.
- W4230784414 hasConceptScore W4230784414C17744445 @default.
- W4230784414 hasConceptScore W4230784414C185592680 @default.
- W4230784414 hasConceptScore W4230784414C198531522 @default.
- W4230784414 hasConceptScore W4230784414C199539241 @default.
- W4230784414 hasConceptScore W4230784414C199728807 @default.
- W4230784414 hasConceptScore W4230784414C204036174 @default.
- W4230784414 hasConceptScore W4230784414C2780202544 @default.
- W4230784414 hasConceptScore W4230784414C29122968 @default.
- W4230784414 hasConceptScore W4230784414C2988984586 @default.
- W4230784414 hasConceptScore W4230784414C32252159 @default.
- W4230784414 hasConceptScore W4230784414C43617362 @default.
- W4230784414 hasConceptScore W4230784414C48875124 @default.
- W4230784414 hasConceptScore W4230784414C556758197 @default.
- W4230784414 hasConceptScore W4230784414C78519656 @default.
- W4230784414 hasConceptScore W4230784414C86803240 @default.
- W4230784414 hasIssue "3" @default.
- W4230784414 hasLocation W42307844141 @default.
- W4230784414 hasOpenAccess W4230784414 @default.
- W4230784414 hasPrimaryLocation W42307844141 @default.
- W4230784414 hasRelatedWork W1605552940 @default.