메뉴 건너뛰기




Volumn 54, Issue 3, 1999, Pages 1045-1082

The going-public decision and the development of financial markets

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0040531555     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/0022-1082.00136     Document Type: Article
Times cited : (444)

References (39)
  • 1
    • 0002659746 scopus 로고
    • Selling and trading of information in financial markets
    • Admati, Anat R., and Paul Pfleiderer, 1988, Selling and trading of information in financial markets, American Economic Review 78, 96-103.
    • (1988) American Economic Review , vol.78 , pp. 96-103
    • Admati, A.R.1    Pfleiderer, P.2
  • 2
    • 0002905031 scopus 로고
    • Stock markets and resource allocation
    • Colin Mayer and Xavier Vives, eds. (Cambridge University Press, Cambridge, Mass.)
    • Allen, Franklin, 1993, Stock markets and resource allocation; in Colin Mayer and Xavier Vives, eds.: Capital Markets and Financial Intermediation (Cambridge University Press, Cambridge, Mass.)
    • (1993) Capital Markets and Financial Intermediation
    • Allen, F.1
  • 5
    • 0010106826 scopus 로고    scopus 로고
    • Blocks, liquidity, and corporate control
    • Bolton, Patrick, and Ernst-Ludwig von Thadden, 1998, Blocks, liquidity, and corporate control, Journal of Finance 53, 1-26.
    • (1998) Journal of Finance , vol.53 , pp. 1-26
    • Bolton, P.1    Von Thadden, E.-L.2
  • 6
  • 8
    • 0040747533 scopus 로고    scopus 로고
    • International portfolio investment flows
    • Brennan, Michael, and Henry Cao, 1997, International portfolio investment flows, Journal of Finance 52, 1851-1880.
    • (1997) Journal of Finance , vol.52 , pp. 1851-1880
    • Brennan, M.1    Cao, H.2
  • 9
    • 0009952280 scopus 로고    scopus 로고
    • Large shareholders, monitoring, and the value of the firm
    • Burkart, Mike, Denis Gromb, and Fausto Panunzi, 1997, Large shareholders, monitoring, and the value of the firm, Quarterly Journal of Economics 112, 693-728.
    • (1997) Quarterly Journal of Economics , vol.112 , pp. 693-728
    • Burkart, M.1    Gromb, D.2    Panunzi, F.3
  • 13
    • 47749120440 scopus 로고
    • Financial intermediation and delegated monitoring
    • Diamond, Douglas W., 1984, Financial intermediation and delegated monitoring, Review of Economic Studies 51, 393-414.
    • (1984) Review of Economic Studies , vol.51 , pp. 393-414
    • Diamond, D.W.1
  • 14
    • 0040517082 scopus 로고    scopus 로고
    • Stock market efficiency and economic efficiency: Is there a connection?
    • Dow, James, and Gary Gorton, 1997, Stock market efficiency and economic efficiency: Is there a connection?, Journal of Finance 51, 1087-1129.
    • (1997) Journal of Finance , vol.51 , pp. 1087-1129
    • Dow, J.1    Gorton, G.2
  • 15
    • 46549102152 scopus 로고
    • What's different about banks?
    • Fama, Eugene, 1985, What's different about banks?, Journal of Monetary Economics 85, 29-39.
    • (1985) Journal of Monetary Economics , vol.85 , pp. 29-39
    • Fama, E.1
  • 16
    • 0000438525 scopus 로고
    • Insider trading and the efficiency of stock prices
    • Fishman, Michael, and Kathleen Hagerty, 1992, Insider trading and the efficiency of stock prices, Rand Journal of Economics 23, 106-122.
    • (1992) Rand Journal of Economics , vol.23 , pp. 106-122
    • Fishman, M.1    Hagerty, K.2
  • 17
    • 0040855190 scopus 로고
    • The whirlwind breaking up companies
    • August 14
    • Forest, Stephanie A., 1995, The whirlwind breaking up companies, Business Week (August 14), 44.
    • (1995) Business Week , pp. 44
    • Forest, S.A.1
  • 18
    • 21144468672 scopus 로고
    • Security baskets and index-linked securities
    • Gorton, Gary, and George Pennacchi, 1993, Security baskets and index-linked securities, Journal of Business 66, 1-23.
    • (1993) Journal of Business , vol.66 , pp. 1-23
    • Gorton, G.1    Pennacchi, G.2
  • 19
    • 0001188867 scopus 로고
    • On the impossibility of informationally inefficient markets
    • Grossman, Sanford J., and Joseph E. Stiglitz, 1980, On the impossibility of informationally inefficient markets, American Economic Review 70, 393-408.
    • (1980) American Economic Review , vol.70 , pp. 393-408
    • Grossman, S.J.1    Stiglitz, J.E.2
  • 21
    • 0001692777 scopus 로고
    • The private and social value of information and the reward to inventive activity
    • Hirshleifer, Jack, 1971, The private and social value of information and the reward to inventive activity, American Economic Review 61, 561-574.
    • (1971) American Economic Review , vol.61 , pp. 561-574
    • Hirshleifer, J.1
  • 22
    • 0000210848 scopus 로고
    • Market liquidity and performance monitoring
    • Holmström, Bengt, and Jean Tirole, 1993, Market liquidity and performance monitoring, Journal of Political Economy 101, 678-709.
    • (1993) Journal of Political Economy , vol.101 , pp. 678-709
    • Holmström, B.1    Tirole, J.2
  • 23
    • 0008505990 scopus 로고    scopus 로고
    • A re-examination of the conglomerate merger wave in the 1960s: An internal capital market view
    • this issue
    • Hubbard, R. Glenn, and Darius Palia, 1999, A re-examination of the conglomerate merger wave in the 1960s: An internal capital market view, Journal of Finance, this issue.
    • (1999) Journal of Finance
    • Hubbard, R.G.1    Palia, D.2
  • 24
    • 0041620040 scopus 로고
    • An empirical investigation of IPO returns and subsequent equity offerings
    • Jegadeesh, Narasimhan, Mark Weinstein, and Ivo Welch, 1994, An empirical investigation of IPO returns and subsequent equity offerings, Journal of Financial Economics 34, 153-175.
    • (1994) Journal of Financial Economics , vol.34 , pp. 153-175
    • Jegadeesh, N.1    Weinstein, M.2    Welch, I.3
  • 25
    • 0031256734 scopus 로고    scopus 로고
    • Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan
    • Kang, Jun-Koo, and René Stulz, 1997, Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan, Journal of Financial Economics 46, 3-20.
    • (1997) Journal of Financial Economics , vol.46 , pp. 3-20
    • Kang, J.-K.1    Stulz, R.2
  • 26
    • 0000859303 scopus 로고
    • Continuous auctions and insider trading
    • Kyle, Albert S., 1985, Continuous auctions and insider trading, Econometrica 57, 1315-1335.
    • (1985) Econometrica , vol.57 , pp. 1315-1335
    • Kyle, A.S.1
  • 27
    • 84911059380 scopus 로고
    • Tobin's q, corporate diversification, and firm performance
    • Lang, Larry, and René Stulz, 1994, Tobin's q, corporate diversification, and firm performance, Journal of Political Economy 102, 1248-1280.
    • (1994) Journal of Political Economy , vol.102 , pp. 1248-1280
    • Lang, L.1    Stulz, R.2
  • 28
    • 0346613552 scopus 로고    scopus 로고
    • Stock markets, banks, and economic growth
    • Levine, Ross, and Sara Zervos, 1998, Stock markets, banks, and economic growth, American Economic Review 88, 537-558.
    • (1998) American Economic Review , vol.88 , pp. 537-558
    • Levine, R.1    Zervos, S.2
  • 29
    • 84870283553 scopus 로고
    • Takeover motives during the conglomerate merger wave
    • Matsusaka, John G., 1993, Takeover motives during the conglomerate merger wave, Rand Journal of Economics 24, 357-379.
    • (1993) Rand Journal of Economics , vol.24 , pp. 357-379
    • Matsusaka, J.G.1
  • 30
    • 43949170563 scopus 로고
    • The flotation of companies on the stock market: A coordination failure model
    • Pagano, Marco, 1993, The flotation of companies on the stock market: A coordination failure model, European Economic Review 37, 1101-1125.
    • (1993) European Economic Review , vol.37 , pp. 1101-1125
    • Pagano, M.1
  • 31
    • 0009895248 scopus 로고    scopus 로고
    • Why do companies go public? An empirical analysis
    • Pagano, Marco, Fabio Panetta, and Luigi Zingales, 1998, Why do companies go public? An empirical analysis, Journal of Finance 53, 27-64.
    • (1998) Journal of Finance , vol.53 , pp. 27-64
    • Pagano, M.1    Panetta, F.2    Zingales, L.3
  • 33
    • 84977702514 scopus 로고
    • Insiders and outsiders: The choice between informed and arm's length debt
    • Rajan, Raghuram, 1992, Insiders and outsiders: The choice between informed and arm's length debt, Journal of Finance 47, 1367-1400.
    • (1992) Journal of Finance , vol.47 , pp. 1367-1400
    • Rajan, R.1
  • 35
    • 0039056187 scopus 로고    scopus 로고
    • The value of diversification during conglomerate merger waves
    • Servaes, Henri, 1996, The value of diversification during conglomerate merger waves, Journal of Finance 51, 1201-1225.
    • (1996) Journal of Finance , vol.51 , pp. 1201-1225
    • Servaes, H.1
  • 36
    • 0039054530 scopus 로고    scopus 로고
    • Internal capital markets and the competition for corporate resources
    • Stein, Jeremy, 1997, Internal capital markets and the competition for corporate resources, Journal of Finance 52, 111-133.
    • (1997) Journal of Finance , vol.52 , pp. 111-133
    • Stein, J.1
  • 38
    • 0002912008 scopus 로고
    • A theory of trading in stock index futures
    • Subrahmanyam, Avanidhar, 1991, A theory of trading in stock index futures, Review of Financial Studies 4, 17-51.
    • (1991) Review of Financial Studies , vol.4 , pp. 17-51
    • Subrahmanyam, A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.