Why new issues are underpriced

Journal of Financial Economics

Volumn 15, Issue 1-2, 1986, Pages 187-212

  Rock, Kevin ^a  

^a HARVARD BUSINESS SCHOOL   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0000423667     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/0304-405X(86)90054-1     Document Type: Article

References (17)

1. A model of the demand for investment banking advising and distribution services for new issues
2. Investment banking, reputation, and the underpricing of initial public offerings
3. On the efficiency of competitive stock markets where traders have diverse information
4. Common stock new issues revisited
5. Price performance of common stock new issues
6. ‘Hot issue’
7. On the pricing of unseasoned equity issues 1965–1969
8. New issue stock price behavior
9. Mechanism design by an informed principal
10. New issues revisited
11. Investor experience with new stock issues
12. The ‘hot issue’ market of 1980