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Underpricing, ownership dispersion, and aftermarket liquidity of IPO stocks
16 references·3 citing·43 second hop
Underpricing, ownership dispersion, and aftermarket liquidity of IPO stocks (2007)Underpricing, ownership dispersion, and a…Why Has IPO Underpricing Changed over Time? (2005)Why Has IPO Underpricing Chan…Why Has IPO Underpricing Changed Over Time (2004)Why Has IPO Underpricing Chan…Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs? (2002)Why Don’t Issuers Get Upset A…Building the IPO order book: underpricing and participation limits with costly information (2002)Building the IPO order book: …Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence (2001)Underpricing and Entrepreneur…The Expiration of IPO Share Lockups (2001)The Expiration of IPO Share L…When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket (2000)When the Underwriter Is the M…Presidential Address: Friction (2000)Presidential Address: FrictionBlockholder Ownership and Market Liquidity (2000)Blockholder Ownership and Mar…Underpricing, ownership and control in initial public offerings of equity securities in the UK (1997)Underpricing, ownership and c…Ownership dispersion, costly information, and IPO underpricing (1996)Ownership dispersion, costly …Liquidity, Information, and Infrequently Traded Stocks (1996)Liquidity, Information, and I…Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE (1996)Dealer versus auction markets…Insider Ownership and the Decision to Go Public (1995)Insider Ownership and the Dec…Why do NASDAQ Market Makers Avoid Odd-Eighth Quotes? (1994)Why do NASDAQ Market Makers A…Initial Public Offerings and Underwriter Reputation (1990)Initial Public Offerings and …Signaling in the Market for Security Tokens (2023)Signaling in the Market for S…Liquidity Benefits from IPO Underpricing: Ownership Dispersion or Information Effect (2011)Liquidity Benefits from IPO U…An analysis of the liquidity benefits provided by secondary markets (2008)An analysis of the liquidity …A Non-cooperative Equilibrium for Supergames (1971)An Analysis of Intraday Patterns in Bid/Ask Spreads for NYSE Stocks (1992)Market microstructure and securities values: Evidence from the Tel Aviv Stock Exchange (1997)Transactions costs and investment style: an inter-exchange analysis of institutional equity trades (1997)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Investor Protection and Corporate Valuation (1999)Initial Public Offerings: An Analysis of Theory and Practice (2006)Theft and taxes☆ (2007)Large Shareholders and Corporate Control (1986)How investment bankers determine the offer price and allocation of new issues (1989)Market Liquidity and Performance Monitoring (1993)Takeover Defenses of IPO Firms (2002)Theory of Rational Option Pricing (1973)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)MEDIA LEGITIMATION EFFECTS IN THE MARKET FOR INITIAL PUBLIC OFFERINGS. (2003)Theory of rational option pricing (2005)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Asset pricing and the bid-ask spread (1986)Separating microstructure noise from volatility (2005)Microstructure Noise, Realized Variance, and Optimal Sampling (2008)Is market fragmentation harming market quality? (2011)Inferring Trade Direction from Intraday Data (1991)The Cross-Section of Expected Stock Returns (1992)Advertising, Breadth of Ownership, and Liquidity (2003)The illusory nature of momentum profits (2003)The "Hot Issue" Market of 1980 (1984)A Review of IPO Activity, Pricing, and Allocations (2002)Which Shorts Are Informed? (2007)Prospect Theory: An Analysis of Decision under Risk (1979)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Why Has IPO Underpricing Changed Over Time? (2002)DotCom Mania: The Rise and Fall of Internet Stock Prices (2003)Prospect theory, mental accounting, and momentum (2005)The Components of the Bid-Ask Spread: A General Approach (1997)Liquidity and stock returns: An alternative test (1998)Market microstructure: A survey (2000)Religious beliefs, gambling attitudes, and financial market outcomes (2011)Are busy boards detrimental? (2013)Corruption culture and corporate misconduct (2016)
this work references cited by second hop

References

  • 1990Initial Public Offerings and Underwriter Reputation2,442 cited
  • 2004Why Has IPO Underpricing Changed Over Time1,630 cited
  • 1996Liquidity, Information, and Infrequently Traded Stocks1,591 cited
  • 2002Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs?1,384 cited
  • 1996Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE1,009 cited
  • 2005Why Has IPO Underpricing Changed over Time?931 cited
  • 1995Insider Ownership and the Decision to Go Public874 cited
  • 1994Why do NASDAQ Market Makers Avoid Odd-Eighth Quotes?746 cited
  • 2000Presidential Address: Friction681 cited
  • 1997Underpricing, ownership and control in initial public offerings of equity securities in the UK606 cited
  • 2001Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence568 cited
  • 1996Ownership dispersion, costly information, and IPO underpricing541 cited
  • 2000When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket510 cited
  • 2001The Expiration of IPO Share Lockups498 cited
  • 2002Building the IPO order book: underpricing and participation limits with costly information

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407 cited
  • 2000Blockholder Ownership and Market Liquidity395 cited
  • Cited by

    • 2011Liquidity Benefits from IPO Underpricing: Ownership Dispersion or Information Effect32 cited
    • 2008An analysis of the liquidity benefits provided by secondary markets22 cited
    • 2023Signaling in the Market for Security Tokens19 cited