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Valuing IPOs Using Price-Earnings Multiples Disclosed by IPO Firms in an Emerging Capital Market
16 references·0 citing·47 second hop
Valuing IPOs Using Price-Earnings Multiples Disclosed by IPO Firms in an Emerging Capital Market (2008)Valuing IPOs Using Price-Earnings Multipl…Ownership, two-tier board structure, and the informativeness of earnings – Evidence from China (2007)Ownership, two-tier board str…Underpricing and long-term performance of IPOs in China (2003)Underpricing and long-term pe…Ownership and operating performance in an emerging market: evidence from Thai IPO firms (2002)Ownership and operating perfo…Equity Valuation Using Multiples (2002)Equity Valuation Using Multip…Valuing IPOs (1999)Valuing IPOsUse of R2 in accounting research: measuring changes in value relevance over the last four decades (1999)Use of R2 in accounting resea…The impact of improved auditor independence on audit market concentration in China (1999)The impact of improved audito…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…The Effect of the Set of Comparable Firms on the Accuracy of the Price-Earnings Valuation Method (1992)The Effect of the Set of Comp…Empirical assessment of the impact of auditor quality on the valuation of new issues (1991)Empirical assessment of the i…A Synthesis of security valuation theory and the role of dividends, cash flows, and earnings* (1990)A Synthesis of security valua…Signalling by direct disclosure under asymmetric information (1986)Signalling by direct disclosu…Information quality and the valuation of new issues (1986)Information quality and the v…Signaling and the Valuation of Unseasoned New Issues (1982)Signaling and the Valuation o…Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Informational Asymmetries, Fi…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)INFORMATIONAL ASYMMETRIES, FI…The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy (1979)Investment banking, reputation, and the underpricing of initial public offerings (1986)Initial Public Offerings and Underwriter Reputation (1990)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)Risk, Return, and Equilibrium: Empirical Tests (1973)Separation of Ownership and Control (1983)Corporate Ownership Around the World (1999)Inside the black box: Bank credit allocation in China’s private sector (2009)Corporate Board and Corporate Social Responsibility Assurance: Evidence from China (2016)Board Diversity and Corporate Social Responsibility: Empirical Evidence from France (2020)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Capital markets research in accounting (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Job Market Signaling (1973)Small Business Finance: A Research Agenda (1985)Legitimacy Theory or Managerial Reality Construction? Corporate Social Disclosure in Marks and Spencer Plc Corporate Reports, 1969-1997 (2000)The Variability of IPO Initial Returns (2010)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financial Intermediation and Delegated Monitoring (1984)Auditor size and audit quality (1981)Positive Accounting Theory (1985)The Effect of Audit Quality on Earnings Management* (1998)Corporate performance and CEO compensation in China (2005)Effects of Audit Quality on Earnings Management and Cost of Equity Capital: Evidence from China* (2011)Political Incentives to Suppress Negative Information: Evidence from Chinese Listed Firms (2014)INVESTMENT PERFORMANCE OF COMMON STOCKS IN RELATION TO THEIR PRICE‐EARNINGS RATIOS: A TEST OF THE EFFICIENT MARKET HYPOTHESIS (1977)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Inferring the Cost of Capital Using the Ohlson–Juettner Model (2003)Are IPOs Really Underpriced? (2004)Business sustainability performance and cost of equity capital (2015)On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research (1989)Changes in the value-relevance of earnings and book values over the past forty years (1997)Have Financial Statements Lost Their Relevance? (1999)Characteristics of a firm's information environment and the information asymmetry between insiders and outsiders (2003)Earnings management and cross listing: Are reconciled earnings comparable to US earnings?Π (2005)Diversification's effect on firm value (1995)Disclosure of information on intellectual capital in Danish IPO prospectuses (2005)Wanna Dance? How Firms and Underwriters Choose Each Other (2005)ESG Disclosure and Idiosyncratic Risk in Initial Public Offerings (2021)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Economic Consequences of Legal Origins (2008)
this work references cited by second hop

References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION4,056 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1986Information quality and the valuation of new issues1,180 cited
  • 2002Equity Valuation Using Multiples738 cited
  • 1999Use of R2 in accounting research: measuring changes in value relevance over the last four decades734 cited
  • 1999The impact of improved auditor independence on audit market concentration in China664 cited
  • 2007Ownership, two-tier board structure, and the informativeness of earnings – Evidence from China514 cited
  • 1999Valuing IPOs460 cited
  • 1982Signaling and the Valuation of Unseasoned New Issues401 cited
  • 2003Underpricing and long-term performance of IPOs in China388 cited
  • 1992The Effect of the Set of Comparable Firms on the Accuracy of the Price-Earnings Valuation Method351 cited
  • 1986Signalling by direct disclosure under asymmetric information298 cited
  • 1990A Synthesis of security valuation theory and the role of dividends, cash flows, and earnings*242 cited
  • 1991Empirical assessment of the impact of auditor quality on the valuation of new issues

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229 cited
  • 2002Ownership and operating performance in an emerging market: evidence from Thai IPO firms212 cited
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