IPO Underpricing: A Meta–Analysis and Research Synthesis
暂无分享,去创建一个
Dan R. Dalton | S. Trevis Certo | S. T. Certo | C. Daily | Rungpen Roengpitya | Catherine M. Daily | Rungpen Roengpitya | D. Dalton | S. Certo
[1] Paul J. Seguin,et al. Share price and mortality: An empirical evaluation of newly listed Nasdaq stocks , 1997 .
[2] Chamu Sundaramurthy,et al. Board Composition and Financial Performance: A Meta-Analysis of the Influence of outside Directors , 2000 .
[3] Edward J. Zajac,et al. Managerial Incentives, Monitoring, and Risk Bearing: A Study of Executive Compensation, Ownership, and Board Structure in Initial Public Offerings , 1994 .
[4] William L. Megginson,et al. Venture Capitalist Certification in Initial Public Offerings , 1991 .
[5] M. Pagano,et al. Why Do Companies Go Public? An Empirical Analysis , 1995 .
[6] Tim Loughran,et al. Why Don't Issuers Get Upset About Leaving Money on the Table in Ipos? , 2000 .
[7] W. A. Sahlman,et al. What do venture capitalists do , 1989 .
[8] David L. Deeds,et al. Firm-Specific Resources and Wealth Creation in High-Technology Ventures: Evidence from Newly Public Biotechnology Firms , 1998 .
[9] Roni Michaely,et al. Conflict of interest and the credibility of underwriter analyst recommendations , 1999 .
[10] Roni Michaely,et al. Does the Choice of Auditor Convey Quality in an Initial Public Offering , 1995 .
[11] Dan R. Dalton,et al. Governance and Strategic Leadership in Entrepreneurial Firms , 2002 .
[12] Robert H. Keeley,et al. Management, strategy, and industry structure as influences on the success of new firms: a structural model , 1990 .
[13] Craig G. Dunbar. The use of warrants as underwriter compensation in initial public offerings , 1995 .
[14] K. Hanley,et al. The underpricing of initial public offerings and the partial adjustment phenomenon , 1993 .
[15] Dan R. Dalton,et al. Initial Public Offerings as a Web of Conflicts of Interest: An Empirical Assessment , 2003, Business Ethics Quarterly.
[16] Linda A. Cyr,et al. The Human Resource Executive Effect in Initial Public Offering Firms , 1999 .
[17] Ian C. MacMillan,et al. Venture capitalists' involvement in their investments: Extent and performance , 1989 .
[18] I. Welch. An Empirical Examination of Models of Contract Choice in Initial Public Offerings , 1991, Journal of Financial and Quantitative Analysis.
[19] Kent L. Womack,et al. The Persistence of IPO Mispricing and the Predictive Power of Flipping , 1999 .
[20] Bill Francis,et al. Testing for Deliberate Underpricing in the IPO Premarket: A Stochastic Frontier Approach , 1996 .
[21] Michael Willenborg,et al. Capital gains tax rates and the cost of capital for small business: evidence from the IPO market , 1999 .
[22] I. Krinsky,et al. The valuation of initial public offerings , 1989 .
[23] Jonathan L. Johnson,et al. META-ANALYTIC REVIEWS OF BOARD COMPOSITION, LEADERSHIP STRUCTURE, AND FINANCIAL PERFORMANCE , 1998 .
[24] I. Krinsky,et al. MOTIVES FOR GOING PUBLIC AND UNDERPRICING: NEW FINDINGS FROM KOREA , 1993 .
[25] Roni Michaely,et al. The Pricing of Initial Public Offerings: Tests of Adverse-Selection and Signaling Theories , 1994 .
[26] Dan R. Dalton,et al. Signaling Firm Value through Board Structure: An Investigation of Initial Public Offerings , 2001 .
[27] John W. Peavy,et al. Initial Public Offerings: Daily Returns, Offering Types and the Price Effect , 1987 .
[28] J. Affleck-Graves,et al. The Effect of the Trading System on the Underpricing of Initial Public Offerings , 1993 .
[29] Randolph P. Beatty,et al. INVESTMENT BANKING, REPUTATION, AND THE UNDERPRICING OF INITIAL PUBLIC OFFERINGS* , 1986 .
[30] R. H. Pettway,et al. The IPO and first seasoned equity sale: Issue proceeds, owner/managers' wealth, and the underpricing signal , 1997 .
[31] F. Reilly,et al. An Examination of Mispricing, Returns, and Uncertainty for Initial Public Offerings , 1987 .
[32] Sudipto Bhattacharya,et al. Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy , 1979 .
[33] A Reexamination of the Costs of Firm Commitment and Best Efforts IPOs , 1995 .
[34] Robert H. Keeley,et al. Predictors of success in new technology based ventures , 1990 .
[35] James M. Johnson,et al. Investment Banker Prestige and the Underpricing of Initial Public Offerings , 1988 .
[36] Robert Heinkel,et al. Signaling and the Valuation of Unseasoned New Issues , 1982 .
[37] Steven Manaster,et al. Initial Public Offerings and Underwriter Reputation , 1990 .
[38] Bharat A. Jain,et al. On investment banker monitoring in the new issues market , 1999 .
[39] W. Bygrave,et al. Smart money? The impact of having top venture capital investors and underwriters backing a venture , 2001 .
[40] Jon A. Garfinkel. IPO Underpricing, Insider Selling and Subsequent Equity Offerings: Is Underpricing a Signal of Quality? , 1993 .
[41] Lemma W. Senbet,et al. The Effect of the Secondary Market on the Pricing of Initial Public Offerings: Theory and Evidence , 1992, Journal of Financial and Quantitative Analysis.
[42] Thomas M. Springer,et al. THE SURVIVAL OF INITIAL PUBLIC OFFERINGS IN THE AFTERMARKET , 1997 .
[43] J. Young,et al. Bank lending and initial public offerings , 1990 .
[44] Roger G. Ibbotson,et al. Price performance of common stock new issues , 1975 .
[45] B. A. Jain,et al. The Life Cycle of Initial Public Offering Firms , 1999 .
[46] Bharat A. Jain,et al. Does the Presence of Venture Capitalists Improve the Survival Profile of IPO Firms , 2000 .
[47] Sheridan Titman,et al. Information quality and the valuation of new issues , 1986 .
[48] Christopher M. James,et al. Borrowing relationships, intermediation, and the cost of issuing public securities , 1990 .
[49] M. C. Jensen,et al. THEORY OF THE FIRM: MANAGERIAL BEHAVIOR, AGENCY COSTS AND OWNERSHIP STRUCTURE , 1976 .
[50] H. Demsetz,et al. The Structure of Corporate Ownership: Causes and Consequences , 1985, Journal of Political Economy.
[51] Peter M. Clarkson. THE UNDERPRICING OF INITIAL PUBLIC OFFERINGS, EX ANTE UNCERTAINTY, AND PROXY SELECTION , 1994 .
[52] B. Leleux,et al. European IPO Markets: The Post-Issue Performance Imperative , 1997 .
[53] Michael Firth,et al. Auditor Quality, Signalling, and the Valuation of Initial Public Offerings , 1998 .
[54] Brian K. Boyd,et al. STRATEGIC PLANNING AND FINANCIAL PERFORMANCE: A META‐ANALYTIC REVIEW* , 1991 .
[55] Chris E. Hogan. Costs and Benefits of Audit Quality in the IPO Market: A Self-Selection Analysis , 1996 .
[56] C. B. Barry,et al. Underwriter warrants, underwriter compensation, and the costs of going public , 1991 .
[57] Peggy M. Lee. What's in a name.com?: The effects of ‘.com’ name changes on stock prices and trading activity , 2001 .
[58] Kevin F. Rock. Why new issues are underpriced , 1986 .
[59] Peter M. Clarkson,et al. Retained ownership and the valuation of initial public offerings: Canadian evidence* , 1991 .
[60] Avanidhar Subrahmanyam,et al. The Going‐Public Decision and the Development of Financial Markets , 1999 .
[61] David L. Deeds,et al. The impact of firmspecific capabilities on the amount of capital raised in an initial public offering: Evidence from the biotechnology industry , 1997 .
[62] M. Firth,et al. The Accuracy of Profits Forecasts in Initial Public Offering Prospectuses , 1992 .
[63] Meni Koslowsky,et al. On the efficacy of credibility intervals as indicators of moderator effects in meta-analytic research , 1993 .
[64] Jay R. Ritter,et al. The "Hot Issue" Market of 1980 , 1984 .
[65] Bharat A. Jain,et al. Venture capitalist participation and the post-issue operating performance of IPO firms , 1995 .
[66] F. Reilly,et al. Investor Experience with New Stock Issues , 1969 .
[67] K. Keasey,et al. Equity retention and initial public offerings: the influence of signalling and entrenchment effects , 1997 .
[68] Ivo Welch,et al. An empirical investigation of IPO returns and subsequent equity offerings , 1993 .
[69] S. M. Tiniç,et al. Anatomy of Initial Public Offerings of Common Stock , 1988 .
[70] Francis Koh,et al. A Direct Test of Rock's Model of the Pricing of Unseasoned Issues , 1989 .
[71] Paul A. Gompers,et al. Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies , 1997 .
[72] Gerald A. Feltham,et al. Empirical assessment of the impact of auditor quality on the valuation of new issues , 1991 .
[73] I. Krinsky,et al. Signalling and the Valuation of Unseasoned New Issues Revisited , 1989, Journal of Financial and Quantitative Analysis.
[74] The underpricing of initial public offerings: A theoretical and empirical reconsideration of the adverse selection hypothesis , 1993 .
[75] Paul A. Gompers,et al. The Rodney L. White Center for Financial Research Members of the Center Directing Members Members Aronson + Partners Credit Suisse Asset Management Is the Abnormal Return following Equity Issuances Anomalous? , 2022 .
[76] David C. Ling,et al. Valuation uncertainty, institutional involvement, and the underpricing of IPOs: The case of REITs , 1997 .
[77] Roger G. Ibbotson,et al. THE MARKET'S PROBLEMS WITH THE PRICING OF INITIAL PUBLIC OFFERINGS , 1994 .
[78] P. Mcguinness,et al. AN EXAMINATION OF THE UNDERPRICING OF INITIAL PUBLIC OFFERINGS IN HONG KONG: 1980–90 , 1992 .
[79] Martin P. Loeb,et al. Initial Public Offerings, Accounting Choices, and Earnings Management* , 1993 .
[80] I. Hasan,et al. A NOTE ON UNDERWRITER COMPETITION AND INITIAL PUBLIC OFFERINGS , 1996 .
[81] R. Briston,et al. UNSEASONED EQUITY OFFERINGS MBO‐IPOs vs NON‐MBO‐IPOs , 1996 .
[82] J. Ritter,et al. The Seven Percent Solution , 2000 .
[83] E. Fama,et al. Agency Problems and Residual Claims , 1983 .
[84] Dan R. Dalton,et al. Wealth and the effects of founder management among IPO‐stage new ventures , 2001 .
[85] Richard B. Carter,et al. The Use of the Over-Allotment Option in Initial Public Offerings of Equity: Risks and Underwriter Prestige , 1990 .
[86] W. Mikkelson,et al. Ownership and operating performance of companies that go public , 1997 .
[87] J. Ritter. The Long-Run Performance of Initial Public Offerings , 1991 .
[88] The market valuation of initial public offerings in Hong Kong , 1993 .
[89] Jay R. Ritter,et al. The costs of going public , 1987 .
[90] Ivo Welch,et al. A Review of IPO Activity, Pricing and Allocations , 2002 .
[91] Michael Willenborg. Empirical Analysis of the Economic Demand for Auditing in the Initial Public Offerings Market , 1999 .
[92] Torben Pedersen,et al. Ownership structure and economic performance in the largest european companies , 2000 .
[93] Linda A. Cyr,et al. Human Resources in Initial Public Offering Firms: Do Venture Capitalists Make a Difference? , 2000 .
[94] Albert V. Bruno,et al. The CEO, venture capitalists, and the board , 1993 .
[95] A. Shleifer,et al. Management Ownership and Market Valuation: An Empirical Analysis , 1988 .
[96] Bharat A. Jain,et al. The Post-Issue Operating Performance of IPO Firms , 1994 .
[97] James R. Booth,et al. Ownership dispersion, costly information, and IPO underpricing , 1996 .
[98] C. B. Barry,et al. The role of venture capital in the creation of public companies: Evidence from the going-public process , 1990 .
[99] V. Jog,et al. Underpricing in Canadian IPOs , 1987 .
[100] Ashutosh Kumar Singh,et al. Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks , 1998 .
[101] Vance H. Fried,et al. The Venture Capitalist: A Relationship Investor , 1995 .
[102] Stephen A. Ross,et al. The determination of financial structure: the incentive-signalling approach , 1977 .
[103] William J. Wilhelm,et al. Evidence on the strategic allocation of initial public offerings , 1995 .
[104] C. B. Barry,et al. The opening price performance of initial public offerings of common stock , 1993 .
[105] Jonathan L. Johnson,et al. Number of Directors and Financial Performance: A Meta-Analysis , 1999 .
[106] Hayne E. Leland,et al. INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION , 1977 .
[107] Theresa M. Welbourne,et al. The People/Performance Balance in IPO Firms: The Effect of the Chief Executive Officer's Financial Orientation , 2000 .
[108] Michael L. McBain,et al. Going public: The impact of insiders' holdings on the price of initial public offerings , 1989 .
[109] Dan R. Dalton,et al. Meta-analyses of financial performance and equity: Fusion or confusion? , 2003 .
[110] Todd A. Finkle,et al. The Relationship between Boards of Directors and Initial Public Offerings in the Biotechnology Industry , 1998 .
[111] H. Stoll,et al. Small Business and the New Issues Market for Equities , 1970, Journal of Financial and Quantitative Analysis.
[112] Bharat A. Jain,et al. The underpricing of ‘unit’ initial public offerings , 1994 .
[113] J. Farley,et al. Determinants of Financial Performance: A Meta-Analysis , 1990 .
[114] Roger G. Ibbotson,et al. INITIAL PUBLIC OFFERINGS , 1988 .
[115] N. Prabhala,et al. Institutional Allocation in Initial Public Offerings: Empirical Evidence , 2002 .
[116] Tim Loughran,et al. Why Has IPO Underpricing Changed Over Time? , 2002 .
[117] I. Krinsky,et al. The role of financial variables in the pricing of Korean initial public offerings , 1995 .
[118] Randolph P. Beatty,et al. Issuer Expenses and Legal Liability in Initial Public Offerings , 1996, The Journal of Law and Economics.
[119] P. Schultz,et al. Unit initial public offerings *1: A form of staged financing , 1993 .
[120] Theresa M. Welbourne,et al. Predicting the Performance of Initial Public Offerings: Should Human Resource Management be in the Equation? , 1996 .
[121] Dennis E. Logue,et al. ON THE PRICING OF UNSEASONED EQUITY ISSUES: 1965-1969 , 1973 .
[122] D. Vickers. ELASTICITY OF CAPITAL SUPPLY, MONOPSONISTIC DISCRIMINATION, AND OPTIMUM CAPITAL STRUCTURE , 1967 .
[123] Craig G. Dunbar,et al. Factors Affecting Investment Bank Initial Public Offering Market Share , 1997 .
[124] Michelle Lowry,et al. IPO Market Cycles: Bubbles or Sequential Learning? , 2000 .