메뉴 건너뛰기




Volumn 13, Issue 3, 2000, Pages 697-714

IPOs and long-term relationships: An advantage of book building

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0034413281     PISSN: 08939454     EISSN: None     Source Type: Journal    
DOI: 10.1093/rfs/13.3.697     Document Type: Article
Times cited : (120)

References (28)
  • 1
    • 45349112870 scopus 로고
    • Signaling by underpricing in the IPO market
    • Allen, F., and G. Faulhaber, 1989, "Signaling By Underpricing In the IPO Market," Journal of Financial Economics, 23, 303-323.
    • (1989) Journal of Financial Economics , vol.23 , pp. 303-323
    • Allen, F.1    Faulhaber, G.2
  • 2
    • 0031314627 scopus 로고    scopus 로고
    • Bookbuilding vs. Fixed price: An analysis of competing strategies for marketing IPOs
    • Benveniste, L., and W. Busaba, 1997, "Bookbuilding vs. Fixed Price: An Analysis of Competing Strategies for Marketing IPOs," Journal of Financial and Quantitative Analysis, 32, 383-403.
    • (1997) Journal of Financial and Quantitative Analysis , vol.32 , pp. 383-403
    • Benveniste, L.1    Busaba, W.2
  • 3
    • 0030269005 scopus 로고    scopus 로고
    • Price stabilization as a bonding mechanism in new equity issues
    • Benveniste, L., W. Busaba, and W. Wilhelm, 1996, "Price Stabilization as a Bonding Mechanism in New Equity Issues," Journal of Financial Economics, 42, 223-255.
    • (1996) Journal of Financial Economics , vol.42 , pp. 223-255
    • Benveniste, L.1    Busaba, W.2    Wilhelm, W.3
  • 4
    • 0001418082 scopus 로고    scopus 로고
    • Who benefits from secondary market price stabilization of IPOs?
    • Benveniste, L., S. Erdal, and W. Wilhelm, 1998, "Who Benefits from Secondary Market Price Stabilization of IPOs?," Journal of Banking and Finance, 22, 741-767.
    • (1998) Journal of Banking and Finance , vol.22 , pp. 741-767
    • Benveniste, L.1    Erdal, S.2    Wilhelm, W.3
  • 5
    • 0039184677 scopus 로고
    • How investment bankers determine the offer price and allocation of new issues
    • Benveniste, L., and P. Spindt, 1989, "How Investment Bankers Determine the Offer Price and Allocation of New Issues," Journal of Financial Economics, 24, 343-361.
    • (1989) Journal of Financial Economics , vol.24 , pp. 343-361
    • Benveniste, L.1    Spindt, P.2
  • 6
    • 38049044430 scopus 로고
    • A comparative analysis of IPO proceeds under alternative regulatory regimes
    • Benveniste, L., and W. Wilhelm, 1990, "A Comparative Analysis of IPO Proceeds under Alternative Regulatory Regimes," Journal of Financial Economics, 28, 173-207.
    • (1990) Journal of Financial Economics , vol.28 , pp. 173-207
    • Benveniste, L.1    Wilhelm, W.2
  • 7
    • 0031232456 scopus 로고    scopus 로고
    • Underpricing, ownership and control in initial public offerings of equity securities in the UK
    • Brennan, M., and J. Franks, 1997, "Underpricing, Ownership and Control in Initial Public Offerings of Equity Securities in the UK," Journal of Financial Economics, 45, 391-413.
    • (1997) Journal of Financial Economics , vol.45 , pp. 391-413
    • Brennan, M.1    Franks, J.2
  • 8
    • 84993921360 scopus 로고
    • The pricing of initial public offerings: A dynamic model with information production
    • Chemmanur, T., 1993, "The Pricing of Initial Public Offerings: A Dynamic Model with Information Production," Journal of Finance, 48, 285-304.
    • (1993) Journal of Finance , vol.48 , pp. 285-304
    • Chemmanur, T.1
  • 9
    • 84993923489 scopus 로고
    • Investment bank reputation, information production, and financial intermediation
    • Chemmanur, T., and P. Fulghieri, 1994, "Investment Bank Reputation, Information Production, and Financial Intermediation," Journal of Finance, 49, 57-79.
    • (1994) Journal of Finance , vol.49 , pp. 57-79
    • Chemmanur, T.1    Fulghieri, P.2
  • 10
    • 0002141392 scopus 로고    scopus 로고
    • The seven percent solution
    • working paper, University of Florida; forthcoming
    • Chen, H.-C., and J. R. Ritter, 1999, "The Seven Percent Solution," working paper, University of Florida; forthcoming in Journal of Finance.
    • (1999) Journal of Finance
    • Chen, H.-C.1    Ritter, J.R.2
  • 12
    • 0030194359 scopus 로고    scopus 로고
    • International differences in oversubscription and underpricing of initial public offerings
    • Chowdhry, B., and A. Sherman, 1996a, "International Differences in Oversubscription and Underpricing of Initial Public Offerings," Journal of Corporate Finance, 2, 359-381.
    • (1996) Journal of Corporate Finance , vol.2 , pp. 359-381
    • Chowdhry, B.1    Sherman, A.2
  • 13
    • 33748706171 scopus 로고    scopus 로고
    • The winner's curse and international methods of allocating initial public offerings
    • Chowdhry, B., and A. Sherman, 1996b, "The Winner's Curse and International Methods of Allocating Initial Public Offerings," Pacific-Basin Finance Journal, 4, 15-30.
    • (1996) Pacific-basin Finance Journal , vol.4 , pp. 15-30
    • Chowdhry, B.1    Sherman, A.2
  • 16
    • 84977725468 scopus 로고
    • Signaling and the pricing of new issues
    • Grinblatt, M., and C. Y. Hwang, 1989, "Signaling and the Pricing of New Issues," Journal of Finance, 44, 393-420.
    • (1989) Journal of Finance , vol.44 , pp. 393-420
    • Grinblatt, M.1    Hwang, C.Y.2
  • 17
    • 43949164598 scopus 로고
    • The underpricing of initial public offerings and the partial adjustment phenomenon
    • Hanley, K. W., 1993, "The Underpricing of Initial Public Offerings and the Partial Adjustment Phenomenon," Journal of Financial Economics, 34, 231-250.
    • (1993) Journal of Financial Economics , vol.34 , pp. 231-250
    • Hanley, K.W.1
  • 18
    • 0000112757 scopus 로고    scopus 로고
    • The persistence of iPO mispricing and the predictive power of flipping
    • Krigman, L., W. Shaw, and K. Womack, 1999, "The Persistence of IPO Mispricing and the Predictive Power of Flipping," Journal of Finance, 54, 1015-1044.
    • (1999) Journal of Finance , vol.54 , pp. 1015-1044
    • Krigman, L.1    Shaw, W.2    Womack, K.3
  • 21
    • 0002721187 scopus 로고    scopus 로고
    • Going public and the ownership structure of the firm
    • Mello, A., and J. Parsons, 1997, "Going Public and the Ownership Structure of the Firm," Journal of Financial Economics, 49, 79-109.
    • (1997) Journal of Financial Economics , vol.49 , pp. 79-109
    • Mello, A.1    Parsons, J.2
  • 22
    • 0000423667 scopus 로고
    • Why new issues are underpriced
    • Rock, K., 1986, "Why New Issues are Underpriced," Journal of Financial Economics, 15, 187-212.
    • (1986) Journal of Financial Economics , vol.15 , pp. 187-212
    • Rock, K.1
  • 23
    • 84977732104 scopus 로고
    • The pricing of best efforts initial public offerings
    • Sherman, A., 1992, "The Pricing of Best Efforts Initial Public Offerings," Journal of Finance, 47, 781-790.
    • (1992) Journal of Finance , vol.47 , pp. 781-790
    • Sherman, A.1
  • 26
    • 0002109385 scopus 로고    scopus 로고
    • IPO-mechanisms, monitoring and ownership structure
    • Stoughton, N., and J. Zechner, 1998. "IPO-Mechanisms, Monitoring and Ownership Structure," Journal of Financial Economics, 49, 45-77.
    • (1998) Journal of Financial Economics , vol.49 , pp. 45-77
    • Stoughton, N.1    Zechner, J.2
  • 27
    • 46149127849 scopus 로고
    • Information quality and the valuation of new issues
    • Titman, S., and B. Trueman, 1986, "Information Quality and the Valuation of New Issues," Journal of Accounting and Economics, 8, 159-172.
    • (1986) Journal of Accounting and Economics , vol.8 , pp. 159-172
    • Titman, S.1    Trueman, B.2
  • 28
    • 84977703615 scopus 로고
    • Seasoned offerings, imitation costs, and the underpricing of initial public offerings
    • Welch, I., 1989, "Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings," Journal of Finance, 44, 421-449.
    • (1989) Journal of Finance , vol.44 , pp. 421-449
    • Welch, I.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.