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Keywords: Share lockup expiration
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Journal Articles
Share lockup expiration of major shareholder, tone management and share pledges: empirical evidence from China
Available to Purchase
Journal:
Asian Review of Accounting
Asian Review of Accounting (2025) 33 (3): 411–440.
Published: 20 January 2025
...Jingyi Guan; Xueying Wen; Eping Liu Purpose The major shareholders may try to manipulate the stock price for tunneling after share lockup expiration, but the earlier studies focus on earnings management and do not consider other potential manipulation methods. Therefore, we explore the tone...
