The Persistence of IPO Mispricing and the Predictive Power of Flipping
暂无分享,去创建一个
[1] Roni Michaely,et al. The Pricing of Initial Public Offerings: Tests of Adverse-Selection and Signaling Theories , 1994 .
[2] Jonathan D. Jones,et al. Evidence on Price Stabilization and Underpricing in Early IPO Returns , 1998 .
[3] Victor L. Bernard,et al. POST-EARNINGS-ANNOUNCEMENT DRIFT - DELAYED PRICE RESPONSE OR RISK PREMIUM , 1989 .
[4] K. Hanley,et al. The Marketing of Closed-end Fund IPOs: Evidence from Transactions Data☆ , 1996 .
[5] E. Fama. Market Efficiency, Long-Term Returns, and Behavioral Finance , 1997 .
[6] Richard B. Carter,et al. Underwriter Reputation and Initial Public Offers: The Detrimental Effects of Flippers , 1993 .
[7] J. Ritter. The Long-Run Performance of Initial Public Offerings , 1991 .
[8] Judith S. Ruud. Underwriter price support and the IPO underpricing puzzle , 1993 .
[9] Mark M. Carhart. On Persistence in Mutual Fund Performance , 1997 .
[10] A. Tversky,et al. Judgment under Uncertainty: Heuristics and Biases , 1974, Science.
[11] K. Hanley,et al. The underpricing of initial public offerings and the partial adjustment phenomenon , 1993 .
[12] Kevin F. Rock. Why new issues are underpriced , 1986 .
[13] Kent L. Womack. Do Brokerage Analysts' Recommendations Have Investment Value? , 1996 .
[14] Roni Michaely,et al. Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift? , 1994 .
[15] M. Levis. The long-run performance of initial public offerings: The UK experience 1980-1988 , 1993 .
[16] R. Mclean. Improved Methods for Tests of Long-Run Abnormal Stock Returns , 1999 .
[17] V. Bernard,et al. Evidence that stock prices do not fully reflect the implications of current earnings for future earnings , 1990 .
[18] F. Eugene. FAMA, . Market efficiency, long-term returns, and behavioral finance, Journal of Financial Economics . , 1998 .
[19] E. Fama,et al. Multifactor Explanations of Asset Pricing Anomalies , 1996 .
[20] Tim Loughran,et al. Uniformly Least Powerful Tests of Market Efficiency , 1999 .
[21] Elroy Dimson,et al. Event study methodologies and the size effect , 1986 .
[22] Craig G. Dunbar,et al. Factors Affecting Investment Bank Initial Public Offering Market Share , 1997 .
[23] Paul Slovic,et al. Comparison of Bayesian and Regression Approaches to the Study of Information Processing in Judgment. , 1971 .
[24] J. Affleck-Graves,et al. Conditional Price Trends in the Aftermarket for Initial Public Offerings , 1996 .
[25] Laura Casares Field,et al. Is Institutional Investment in Initial Public Offerings Related to Long-Run Performance of These Firms? , 1995 .
[26] Brad M. Barber,et al. Improved Methods for Tests of Long-Run Abnormal Stock Returns , 1999 .
[27] David Smith,et al. Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies , 1998 .
[28] Theo Vermaelen,et al. Market Underreaction to Open Market Share Repurchases , 1994 .
[29] L. Summers,et al. Positive Feedback Investment Strategies and Destabilizing Rational Speculation , 1989 .
[30] Tim Loughran,et al. The New Issues Puzzle , 1995 .
[31] Narasimhan Jegadeesh,et al. Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency , 1993 .
[32] E. A. Dyl,et al. MARKET STRUCTURE AND REPORTED TRADING VOLUME: NASDAQ VERSUS THE NYSE , 1997 .
[33] Kent L. Womack,et al. Caveat Compounder: A Warning about Using the Daily CRSP Equal‐Weighted Index to Compute Long‐Run Excess Returns , 1998 .
[34] Charles M. C. Lee,et al. Inferring Trade Direction from Intraday Data , 1991 .
[35] K. Hanley,et al. Price stabilization in the market for new issues , 1993 .
[36] E. Fama,et al. Common risk factors in the returns on stocks and bonds , 1993 .
[37] P. Spindt,et al. How investment bankers determine the offer price and allocation of new issues , 1989 .
[38] William J. Wilhelm,et al. Evidence on the strategic allocation of initial public offerings , 1995 .