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Insider Trading Subsequent to Initial Public Offerings: Evidence from Expirations of Lock-Up Provisions
16 references·8 citing·48 second hop
Insider Trading Subsequent to Initial Public Offerings: Evidence from Expirations of Lock-Up Provisions (2000)Insider Trading Subsequent to Initial Pub…Can Investors Profit from the Prophets? Security Analyst Recommendations and Stock Returns (2001)Can Investors Profit from the…Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)Conflict of Interest and the …Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)Earnings Management and the L…Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies (1997)Myth or Reality? The Long-Run…The Limits of Arbitrage (1995)The Limits of ArbitrageVenture Capitalist Certification in Initial Public Offerings (1991)Venture Capitalist Certificat…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…The role of venture capital in the creation of public companies (1990)The role of venture capital i…Initial Public Offerings and Underwriter Reputation (1990)Initial Public Offerings and …Signalling by underpricing in the IPO market (1989)Signalling by underpricing in…Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings (1989)Seasoned Offerings, Imitation…Why new issues are underpriced (1986)Why new issues are underpricedInsiders' profits, costs of trading, and market efficiency (1986)Insiders' profits, costs of t…Do Demand Curves for Stocks Slope Down? (1986)Do Demand Curves for Stocks S…Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Corporate Financing and Inves…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Role of asymmetric information and moral hazard on IPO underpricing and lockup (2014)Role of asymmetric informatio…Trading constraints and illiquidity discounts (2011)Trading constraints and illiq…The Choice between Joint Ventures and Acquisitions: Insights from Signaling Theory (2005)The Choice between Joint Vent…Market reaction to the expiration of IPO lockup provisions (2004)Market reaction to the expira…Paper millionaires: How valuable is stock to a stockholder who is restricted from selling it? (2002)Paper millionaires: How valua…Dotcom Mania: A Survey of Market Efficiency in the Internet Sector (2001)Dotcom Mania: A Survey of Mar…Venture Capital and IPO Lockup Expiration: An Empirical Analysis (2000)Venture Capital and IPO Locku…The Role of Economic Fundamentals, Web Traffic, and Supply and Demand in the Pricing of U.S. Internet Stocks (2000)The Role of Economic Fundamen…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The market for corporate control (1983)Noise (1986)The determinants of cross-border equity flows (2004)An Engine, Not a Camera (2006)The cost of capital, corporation finance and the theory of investment (2008)A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues (1982)Investment banking, reputation, and the underpricing of initial public offerings (1986)Information and the Cost of Capital (2004)Theory of Rational Option Pricing (1973)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)MEDIA LEGITIMATION EFFECTS IN THE MARKET FOR INITIAL PUBLIC OFFERINGS. (2003)Why Has IPO Underpricing Changed Over Time (2004)Theory of rational option pricing (2005)Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking (1993)Herd Behavior in Financial Markets (2000)Stock price reaction to news and no-news: drift and reversal after headlines (2003)Analyzing the Analysts: When Do Recommendations Add Value? (2004)A model of investor sentiment /CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)The Cross-Section of Expected Stock Returns (1992)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Market Liquidity and Funding Liquidity (2008)Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Management During Import Relief Investigations (1991)Common risk factors in the returns on stocks and bonds (1993)Earnings Management through Real Activities Manipulation (2003)Performance matched discretionary accrual measures (2005)The economic implications of corporate financial reporting (2005)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Auditor independence, ‘low balling’, and disclosure regulation (1981)Financial Intermediation, Loanable Funds, and The Real Sector (1997)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)Interorganizational Endorsements and the Performance of Entrepreneurial Ventures (1999)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Capital Structure Puzzle (1984)The Determinants of Capital Structure Choice (1988)Event Studies in Economics and Finance (1997)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Does the Stock Market Overreact? (1985)INITIAL PUBLIC OFFERINGS (1988)Investor Psychology and Security Market Under‐ and Overreactions (1998)A Survey of Corporate Governance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
this work references cited by second hop

References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1986Why new issues are underpriced2,788 cited
  • 1990Initial Public Offerings and Underwriter Reputation2,442 cited
  • 1991Venture Capitalist Certification in Initial Public Offerings2,322 cited
  • 1998Earnings Management and the Long‐Run Market Performance of Initial Public Offerings2,300 cited
  • 1999Conflict of Interest and the Credibility of Underwriter Analyst Recommendations1,549 cited
  • 1986Do Demand Curves for Stocks Slope Down?1,524 cited
  • 1997Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies1,456 cited
  • 1989Signalling by underpricing in the IPO market1,454 cited
  • 1989Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings1,393 cited
  • 1986Insiders' profits, costs of trading, and market efficiency1,219 cited
  • 1990

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The role of venture capital in the creation of public companies
1,167 cited
  • 2001Can Investors Profit from the Prophets? Security Analyst Recommendations and Stock Returns1,100 cited
  • Cited by

    • 2000Venture Capital and IPO Lockup Expiration: An Empirical Analysis60 cited
    • 2001Dotcom Mania: A Survey of Market Efficiency in the Internet Sector49 cited
    • 2005The Choice between Joint Ventures and Acquisitions: Insights from Signaling Theory47 cited
    • 2004Market reaction to the expiration of IPO lockup provisions44 cited
    • 2000The Role of Economic Fundamentals, Web Traffic, and Supply and Demand in the Pricing of U.S. Internet Stocks42 cited
    • 2011Trading constraints and illiquidity discounts33 cited
    • 2014Role of asymmetric information and moral hazard on IPO underpricing and lockup31 cited
    • 2002Paper millionaires: How valuable is stock to a stockholder who is restricted from selling it?28 cited