-
1
-
-
45349112870
-
Signaling by underpricing in the IPO market
-
Allen, F., and G. R. 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.R.2
-
2
-
-
0001671710
-
The role of venture capital in the creation of public companies: Evidence from the going-public process
-
Barry, C. B., C. J. Muscarella, J. W. Peavy, and M. R. Vetsuypens, 1990, "The Role of Venture Capital in the Creation of Public Companies: Evidence from the Going-Public Process," Journal of Financial Economics, 27, 447-471.
-
(1990)
Journal of Financial Economics
, vol.27
, pp. 447-471
-
-
Barry, C.B.1
Muscarella, C.J.2
Peavy, J.W.3
Vetsuypens, M.R.4
-
3
-
-
7044221929
-
The role of IPO syndication in precluding excess search
-
University of Washington
-
Barzel, Y., M. A. Habib, and D. B. Johnsen, 2001, "The Role of IPO Syndication in Precluding Excess Search," working paper, University of Washington.
-
(2001)
Working Paper
-
-
Barzel, Y.1
Habib, M.A.2
Johnsen, D.B.3
-
4
-
-
37149005683
-
Investment banking, reputation, and the underpricing of initial public offerings
-
Beatty, R., and J. Ritter, 1986, "Investment Banking, Reputation, and the Underpricing of Initial Public Offerings," Journal of Financial Economics, 15, 213-232.
-
(1986)
Journal of Financial Economics
, vol.15
, pp. 213-232
-
-
Beatty, R.1
Ritter, J.2
-
5
-
-
0030269005
-
Price stabilization as a bonding mechanism in new equity issues
-
Benveniste, L. M., W. Y. Busaba, and W. J. Wilhelm, 1996, "Price Stabilization as a Bonding Mechanism in New Equity Issues," Journal of Financial Economics, 42, 223-256.
-
(1996)
Journal of Financial Economics
, vol.42
, pp. 223-256
-
-
Benveniste, L.M.1
Busaba, W.Y.2
Wilhelm, W.J.3
-
6
-
-
0039184677
-
How investment bankers determine the offer price and allocation of new issues
-
Benveniste, L. M., and P. A. 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.M.1
Spindt, P.A.2
-
7
-
-
38049044430
-
A comparative analysis of IPO proceeds under alternative regulatory environments
-
Benveniste, L. M., and W. J. Wilhelm, 1990, "A Comparative Analysis of IPO Proceeds Under Alternative Regulatory Environments," Journal of Financial Economics, 28, 173-208.
-
(1990)
Journal of Financial Economics
, vol.28
, pp. 173-208
-
-
Benveniste, L.M.1
Wilhelm, W.J.2
-
8
-
-
0036129283
-
IPO auctions: English, dutch, ... French and Internet
-
Biais, B., and A. M. Faugeron-Crouzet, 2002, "IPO Auctions: English, Dutch, ... French and Internet," Journal of Financial Intermediation, 11, 9-36.
-
(2002)
Journal of Financial Intermediation
, vol.11
, pp. 9-36
-
-
Biais, B.1
Faugeron-Crouzet, A.M.2
-
9
-
-
0011615421
-
Capital raising, underwriting and the certification hypothesis
-
Booth, J. R., and R. L. Smith, 1986, "Capital Raising, Underwriting and the Certification Hypothesis," Journal of Financial Economics, 15, 261-280.
-
(1986)
Journal of Financial Economics
, vol.15
, pp. 261-280
-
-
Booth, J.R.1
Smith, R.L.2
-
10
-
-
0011374348
-
Pooling, separating, and semipooling equilibria in financial markets: Some experimental evidence
-
Cadsby, C. B., M. Frank, and V. Maksimovic, 1990, "Pooling, Separating, and Semipooling Equilibria in Financial Markets: Some Experimental Evidence," Review of Financial Studies, 3, 315-342.
-
(1990)
Review of Financial Studies
, vol.3
, pp. 315-342
-
-
Cadsby, C.B.1
Frank, M.2
Maksimovic, V.3
-
11
-
-
84977731975
-
Initial public offerings and underwriter reputation
-
Carter, R., and S. Manaster, 1990, "Initial Public Offerings and Underwriter Reputation," Journal of Finance, 45, 1045-1067.
-
(1990)
Journal of Finance
, vol.45
, pp. 1045-1067
-
-
Carter, R.1
Manaster, S.2
-
12
-
-
0037855539
-
Underwriter reputation, initial returns, and the long-run performance of IPO stocks
-
Carter, R. B., F. H. Dark, and A. K. Singh, 1998, "Underwriter Reputation, Initial Returns, and the Long-Run Performance of IPO Stocks," Journal of Finance, 53, 285-312.
-
(1998)
Journal of Finance
, vol.53
, pp. 285-312
-
-
Carter, R.B.1
Dark, F.H.2
Singh, A.K.3
-
13
-
-
84993923489
-
Investment bank Reputation, information production, and financial intermediation
-
Chemmanur, T. J., 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.J.1
Fulghieri, P.2
-
14
-
-
0039739778
-
Book building and strategic allocation
-
Cornelli, F., and D. Goldreich, 2001, "Book Building and Strategic Allocation," Journal of Finance, 56, 2337-2369.
-
(2001)
Journal of Finance
, vol.56
, pp. 2337-2369
-
-
Cornelli, F.1
Goldreich, D.2
-
15
-
-
0037263240
-
Auctions vs. bookbuilding and the control of underpricing in hot IPO markets
-
Derrien, F., and K. L. Womack, 2003, "Auctions vs. Bookbuilding and the Control of Underpricing in Hot IPO Markets," Review of Financial Studies, 16, 31-61.
-
(2003)
Review of Financial Studies
, vol.16
, pp. 31-61
-
-
Derrien, F.1
Womack, K.L.2
-
16
-
-
0006164756
-
Information and capital markets
-
Fama, E. F., and A. B. Laffer, 1971, "Information and Capital Markets," Journal of Business, 44, 289-298.
-
(1971)
Journal of Business
, vol.44
, pp. 289-298
-
-
Fama, E.F.1
Laffer, A.B.2
-
17
-
-
0039764212
-
A theory of negotiated equity financing
-
Giammarino, R., and T. Lewis, 1988, "A Theory of Negotiated Equity Financing," Review of Financial Studies, 1, 265-288.
-
(1988)
Review of Financial Studies
, vol.1
, pp. 265-288
-
-
Giammarino, R.1
Lewis, T.2
-
18
-
-
84977725468
-
Signalling and the pricing of new issues
-
Grinblatt, M., and C. Y. Hwang, 1989, "Signalling 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
-
19
-
-
0035588513
-
Underpricing and entrepreneurial wealth losses in IPOs: Theory and evidence
-
Habib, M., and A. Ljungqvist, 2001, "Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence," Review of Financial Studies, 14, 433-458.
-
(2001)
Review of Financial Studies
, vol.14
, pp. 433-458
-
-
Habib, M.1
Ljungqvist, A.2
-
20
-
-
43949164598
-
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
-
21
-
-
0002663175
-
Rights versus underwritten offerings: An asymmetric information approach
-
Heinkel, R., and E. S. Schwartz, 1986, "Rights Versus Underwritten Offerings: An Asymmetric Information Approach," Journal of Finance, 41, 1-18.
-
(1986)
Journal of Finance
, vol.41
, pp. 1-18
-
-
Heinkel, R.1
Schwartz, E.S.2
-
22
-
-
0001692777
-
The private and social value of information and the reward to inventive activity
-
Hirshleifer, J., 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
-
23
-
-
21144471474
-
Litigation risk, intermediation, and the underpricing of initial public offerings
-
Hughes, P., and A. Thakor, 1992, "Litigation Risk, Intermediation, and the Underpricing of Initial Public Offerings," Review of Financial Studies, 5, 709-742.
-
(1992)
Review of Financial Studies
, vol.5
, pp. 709-742
-
-
Hughes, P.1
Thakor, A.2
-
25
-
-
7044245594
-
Why are IPOs underpriced? Evidence from Japan's hybrid auction-method offerings
-
Claremont Graduate University
-
Kerins, F., K. Kutsuna, and R. Smith, 2003, "Why are IPOs Underpriced? Evidence from Japan's Hybrid Auction-Method Offerings," working paper, Claremont Graduate University.
-
(2003)
Working Paper
-
-
Kerins, F.1
Kutsuna, K.2
Smith, R.3
-
27
-
-
84967665041
-
The short-run performance of JASDAQ companies and venture capital involvement before and after flotation
-
Kutsuna, K., M. Cowling, and P. Westhead, 2000, "The Short-Run Performance of JASDAQ Companies and Venture Capital Involvement Before and After Flotation," Venture Capital, 2, 1-25.
-
(2000)
Venture Capital
, vol.2
, pp. 1-25
-
-
Kutsuna, K.1
Cowling, M.2
Westhead, P.3
-
28
-
-
0036123566
-
Ownership structure pre- And post-IPOs and the operating performance of JASDAQ companies
-
Kutsuna, K., H. Okamura, and M. Cowling, 2002, "Ownership Structure Pre- and Post-IPOs and the Operating Performance of JASDAQ Companies," Pacific-Basin Finance Journal, 10, 163-181.
-
(2002)
Pacific-Basin Finance Journal
, vol.10
, pp. 163-181
-
-
Kutsuna, K.1
Okamura, H.2
Cowling, M.3
-
29
-
-
0000140435
-
Informational asymmetries, financial structure, and financial intermediation
-
Leland, H. E., and D. H. Pyle, 1977, "Informational Asymmetries, Financial Structure, and Financial Intermediation," Journal of Finance, 32, 371-387.
-
(1977)
Journal of Finance
, vol.32
, pp. 371-387
-
-
Leland, H.E.1
Pyle, D.H.2
-
30
-
-
0013114164
-
Insider reputation and selling decisions: The unwinding of venture capital investments during equity IPOs
-
Lin, T. H., and R. L. Smith, 1998, "Insider Reputation and Selling Decisions: The Unwinding of Venture Capital Investments During Equity IPOs," Journal of Corporate Finance, 4, 241-263.
-
(1998)
Journal of Corporate Finance
, vol.4
, pp. 241-263
-
-
Lin, T.H.1
Smith, R.L.2
-
31
-
-
0013356812
-
Why has IPO underpricing changed over time?
-
University of Florida
-
Loughran, T., and J. R. Ritter, 2003, "Why Has IPO Underpricing Changed Over Time?" working paper, University of Florida.
-
(2003)
Working Paper
-
-
Loughran, T.1
Ritter, J.R.2
-
32
-
-
7044229397
-
Private versus public offerings: Optimal selling mechanisms with adverse selection
-
University of Maryland
-
Maksimovic, V., and P. Pichler, 1999, "Private Versus Public Offerings: Optimal Selling Mechanisms with Adverse Selection," working paper, University of Maryland.
-
(1999)
Working Paper
-
-
Maksimovic, V.1
Pichler, P.2
-
33
-
-
84977723575
-
Venture capitalist certification in initial public offerings
-
Megginson, W. L., and K. A. Weiss, 1991, "Venture Capitalist Certification in Initial Public Offerings," Journal of Finance, 46, 879-903.
-
(1991)
Journal of Finance
, vol.46
, pp. 879-903
-
-
Megginson, W.L.1
Weiss, K.A.2
-
34
-
-
48549110620
-
Corporate finance and investment decisions when firms have information that investors do not have
-
Myers, S. C., and N. S. Majluf, 1984, "Corporate Finance and Investment Decisions When Firms Have Information that Investors Do Not Have," Journal of Financial Economics, 13, 187-221.
-
(1984)
Journal of Financial Economics
, vol.13
, pp. 187-221
-
-
Myers, S.C.1
Majluf, N.S.2
-
35
-
-
0010879330
-
Venture capital, bank shareholding, private equity and IPO underpricing in Japan
-
Mario Levis (ed.), Elsevier, Amsterdam
-
Packer, F., 1996, "Venture Capital, Bank Shareholding, Private Equity and IPO Underpricing in Japan," in Mario Levis (ed.), Empirical Issues in Raising Equity Capital, Elsevier, Amsterdam.
-
(1996)
Empirical Issues in Raising Equity Capital
-
-
Packer, F.1
-
36
-
-
0030191351
-
The effects of removing price limits and introducing auctions upon short-term IPO returns: The case of japanese IPOs
-
Pettway, R. H., and T. Kaneko, 1996, "The Effects of Removing Price Limits and Introducing Auctions upon Short-Term IPO Returns: The Case of Japanese IPOs," Pacific-Basin Finance Journal, 4, 241-258.
-
(1996)
Pacific-Basin Finance Journal
, vol.4
, pp. 241-258
-
-
Pettway, R.H.1
Kaneko, T.2
-
37
-
-
0000423667
-
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
-
38
-
-
0033436609
-
Underwriter certification and the effect of shelf registration on due diligence
-
Sherman, A., 1999, "Underwriter Certification and the Effect of Shelf Registration on Due Diligence," Financial Management, 28, 5-19.
-
(1999)
Financial Management
, vol.28
, pp. 5-19
-
-
Sherman, A.1
-
39
-
-
0034413281
-
IPOs and long term relationships: An advantage of book building
-
Sherman, A., 2000, "IPOs and Long Term Relationships: An Advantage of Book Building," Review of Financial Studies, 13, 697-714.
-
(2000)
Review of Financial Studies
, vol.13
, pp. 697-714
-
-
Sherman, A.1
-
40
-
-
7044245595
-
A survey of international IPO methods
-
University of Notre Dame
-
Sherman, A., 2001, "A Survey of International IPO Methods," working paper, University of Notre Dame.
-
(2001)
Working Paper
-
-
Sherman, A.1
-
41
-
-
0004298248
-
Global trends in IPO methods: Book building vs. auctions
-
University of Notre Dame
-
Sherman, A., 2002, "Global Trends in IPO Methods: Book Building vs. Auctions," working paper, University of Notre Dame.
-
(2002)
Working Paper
-
-
Sherman, A.1
-
44
-
-
84977722471
-
The choice of issuance procedure and the cost of competitive and negotiated underwriting: An examination of the impact of rule 50
-
Smith, R. L., 1987, "The Choice of Issuance Procedure and the Cost of Competitive and Negotiated Underwriting: An Examination of the Impact of Rule 50," Journal of Finance, 42, 703-720.
-
(1987)
Journal of Finance
, vol.42
, pp. 703-720
-
-
Smith, R.L.1
-
45
-
-
7044229398
-
Reform measures of initial public offerings: Introduction of book building method
-
Syoken Gyoho, [in Japanese]
-
Tamura, Y., 1997, "Reform Measures of Initial Public Offerings: Introduction of Book Building Method," Syoken Gyoho, Monthly Report of Japan Association of Securities Dealers, 51-62 [in Japanese].
-
(1997)
Monthly Report of Japan Association of Securities Dealers
, pp. 51-62
-
-
Tamura, Y.1
-
46
-
-
84977368759
-
An exploration of competitive signaling equilibria with 'third party' information production: The case of debt insurance
-
Thakor, A. V., 1982, "An Exploration of Competitive Signaling Equilibria with 'Third Party' Information Production: The Case of Debt Insurance," Journal of Finance, 37, 717-739.
-
(1982)
Journal of Finance
, vol.37
, pp. 717-739
-
-
Thakor, A.V.1
-
47
-
-
84977718972
-
Anatomy of initial public offerings of common stock
-
Tinic, S. M., 1988, "Anatomy of Initial Public Offerings of Common Stock," Journal of Finance, 43, 789-822.
-
(1988)
Journal of Finance
, vol.43
, pp. 789-822
-
-
Tinic, S.M.1
-
48
-
-
84977703615
-
Seasoned offerings, imitation costs, and underpricing of initial public offerings
-
Welch, I., 1989, "Seasoned Offerings, Imitation Costs, and Underpricing of Initial Public Offerings," Journal of Finance, 44, 421-449.
-
(1989)
Journal of Finance
, vol.44
, pp. 421-449
-
-
Welch, I.1
|