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A theory of the transition to secondary market trading of IPOs☆
16 references·5 citing·47 second hop
A theory of the transition to secondary market trading of IPOs☆ (2008)A theory of the transition to secondary m…Hot Markets, Investor Sentiment, and IPO Pricing* (2006)Hot Markets, Investor Sentime…Greener Pastures and the Impact of Dynamic Institutional Preferences (2003)Greener Pastures and the Impa…The market for borrowing stock (2002)The market for borrowing stockStocks are special too: an analysis of the equity lending market (2002)Stocks are special too: an an…Securities lending, shorting, and pricing (2002)Securities lending, shorting,…When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket (2000)When the Underwriter Is the M…Auctions Versus Negotiations (1996)Auctions Versus NegotiationsInvestment Bank Reputation, Information Production, and Financial Intermediation (1994)Investment Bank Reputation, I…Sequential Sales, Learning, and Cascades (1992)Sequential Sales, Learning, a…Insider Trading: Should It Be Prohibited? (1992)Insider Trading: Should It Be…Toward a Theory of Discounted Repeated Games with Imperfect Monitoring (1990)Toward a Theory of Discounted…How investment bankers determine the offer price and allocation of new issues (1989)How investment bankers determ…The Theory of Industrial Organization (1988)The Theory of Industrial Orga…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…Monopoly with Incomplete Information (1984)Monopoly with Incomplete Info…A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues (1982)A Model of the Demand for Inv…Underwriter reputation and the underwriter–investor relationship in IPO markets (2012)Underwriter reputation and th…Alliance portfolios and shareholder value in post-IPO firms: The moderating roles of portfolio structure and firm-level uncertainty (2011)Alliance portfolios and share…Underpricing and Ex Post Value Uncertainty (2009)Underpricing and Ex Post Valu…IPO Information Aggregation and Underwriter Quality (2009)IPO Information Aggregation a…Why Do IPO Auctions Fail? (2006)Why Do IPO Auctions Fail?The Economics of Welfare (1933)COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS (1961)Optimal Auction Design (1981)The Simple Economics of Optimal Auctions (1989)Ironing, Sweeping, and Multidimensional Screening (1998)The Handbook of Organizational Economics (2013)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)A Theory of the Going-Public Decision (1999)Corporate social responsibility in the banking industry: Motives and financial performance (2013)Sequential Equilibria (1982)The Folk Theorem in Repeated Games with Discounting or with Incomplete Information (1986)On the Theory of Infinitely Repeated Games with Discounting (1988)The Folk Theorem with Imperfect Public Information (1994)Relational Incentive Contracts (2003)Repeated Games and Reputations (2006)Bank Runs, Deposit Insurance, and Liquidity (1983)Herd Behavior and Investment (1988)A Simple Model of Herd Behavior (1992)Rational herding in financial economics (1996)An examination of herd behavior in equity markets: An international perspective (2000)Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs? (2002)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)A Theory of Auctions and Competitive Bidding (1982)Auctions Versus Negotiations in Procurement: An Empirical Analysis (2008)Demand Reduction and Inefficiency in Multi-Unit Auctions (2014)Obviously Strategy-Proof Mechanisms (2017)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Bad Beta, Good Beta (2004)Short interest, institutional ownership, and stock returns (2005)Which Shorts Are Informed? (2007)A Model of Growth Through Creative Destruction (1992)General purpose technologies ‘Engines of growth’? (1995)International Norm Dynamics and Political Change (1998)Noise Trader Risk in Financial Markets (1990)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)A Review of IPO Activity, Pricing, and Allocations (2002)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)Why new issues are underpriced (1986)Why Has IPO Underpricing Changed Over Time (2004)Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)
this work references cited by second hop

References

  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1988The Theory of Industrial Organization8,578 cited
  • 1989How investment bankers determine the offer price and allocation of new issues1,815 cited
  • 1992Sequential Sales, Learning, and Cascades1,301 cited
  • 1990Toward a Theory of Discounted Repeated Games with Imperfect Monitoring1,207 cited
  • 2002The market for borrowing stock1,161 cited
  • 1984Monopoly with Incomplete Information1,144 cited
  • 1982A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues931 cited
  • 1996Auctions Versus Negotiations809 cited
  • 1994Investment Bank Reputation, Information Production, and Financial Intermediation780 cited
  • 2002Securities lending, shorting, and pricing670 cited
  • 2003Greener Pastures and the Impact of Dynamic Institutional Preferences668 cited
  • 2006Hot Markets, Investor Sentiment, and IPO Pricing*613 cited
  • 1992Insider Trading: Should It Be Prohibited?592 cited
  • 2002Stocks are special too: an analysis of the equity lending market546 cited
  • 2000When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket

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510 cited

Cited by

  • 2011Alliance portfolios and shareholder value in post-IPO firms: The moderating roles of portfolio structure and firm-level uncertainty55 cited
  • 2006Why Do IPO Auctions Fail?51 cited
  • 2009IPO Information Aggregation and Underwriter Quality40 cited
  • 2012Underwriter reputation and the underwriter–investor relationship in IPO markets32 cited
  • 2009Underpricing and Ex Post Value Uncertainty29 cited