The New Issues Puzzle

The Journal of Finance

Volumn 50, Issue 1, 1995, Pages 23-51

  LOUGHRAN, TIM ^a   RITTER, JAY R ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84993843481     PISSN: 00221082     EISSN: 15406261     Source Type: Journal    
DOI: 10.1111/j.1540-6261.1995.tb05166.x     Document Type: Article

References (49)

1. Equity issues and offering dilution
2. The relationship between return and market value of common stocks
3. Fundamentals and stock returns in Japan
4. Common stock offerings across the business cycle: Theory and evidence
5. The cross‐section of realized returns: The pre‐COMPUSTAT evidence
6. Further evidence on investor overreaction and stock market seasonality
7. Seasoned equity offerings: A survey
8. The cross‐section of expected stock returns
9. Differences in the risks and returns of NYSE and NASD stocks
10. Risk, return and equilibrium: Empirical tests
11. Price experience and return on new stock issues
12. The underpricing of initial public offerings and the partial adjustment phenomena
13. Corporate earnings and financing: An empirical analysis
14. On the predictability of common stock returns: World‐wide evidence
15. Earnings and risk changes surrounding primary stock offers
16. The post‐issue operating performance of IPO firms
17. Initial public offerings and subsequent equity offerings
18. Firm value and seasoned equity issues: Price pressure, wealth redistribution, or negative information
19. Understanding stock price behavior around the time of equity issues
20. Contrarian investment, extrapolation, and risk
21. Venture capitalists and the decision to go public
22. The long‐run performance of initial public offerings: The U.K. experience 1980–88
23. The pricing of equity offerings
24. NYSE vs. NASDAQ returns: Market microstructure or the poor performance of Initial Public Offerings?
25. Initial public offerings: International insights
26. Equity issues and stock price dynamics
27. Common stock price effects of security issues conditioned by current earnings and dividend announcements
28. Equity rights issues and the efficiency of the U.K. stock market
29. Seasoned equity offerings: An empirical investigation
30. Valuation effects of security offerings and the issuance process
31. Optimal exercise of over‐allotment options in IPOs
32. Market microstructure and asset pricing: An empirical investigation of NYSE and Nasdaq securities
33. The long‐run performance of initial public offerings
34. Persuasive evidence of market inefficiency
35. Why new issues are lousy investments
36. Public regulation of the security market