SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
UNDERPRICING AND LONG‐RUN PERFORMANCE OF SHARE ISSUE PRIVATIZATIONS IN THE EGYPTIAN STOCK MARKET
16 references·16 citing·38 second hopsampled
UNDERPRICING AND LONG‐RUN PERFORMANCE OF SHARE ISSUE PRIVATIZATIONS IN THE EGYPTIAN STOCK MARKET (2005)UNDERPRICING AND LONG‐RUN PERFORMANCE OF …State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity (2001)State-Owned and Privately Own…The Long-Run Return to Investors in Share Issue Privatization (2000)The Long-Run Return to Invest…Determinants of Performance Improvements in Privatized Firms: The Role of Restructuring and Corporate Governance (2000)Determinants of Performance I…Privatisation initial public offerings in Malaysia: Initial premium and long-term performance (1998)Privatisation initial public …Public Offerings of State-Owned and Privately-Owned Enterprises: An International Comparison (1997)Public Offerings of State-Own…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Initial public offerings: International insights (1994)Initial public offerings: Int…The winner's curse, legal liability, and the long-run price performance of initial public offerings in Finland (1993)The winner's curse, legal lia…The Structure of Privatization Plans (1993)The Structure of Privatizatio…The Long-Run Performance of Initial Public Offerings: The UK Experience 1980-1988 (1993)The Long-Run Performance of I…The Aftermarket Performance of Initial Public Offerings in Latin America (1993)The Aftermarket Performance o…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…Signalling by underpricing in the IPO market (1989)Signalling by underpricing in…INITIAL PUBLIC OFFERINGS (1988)INITIAL PUBLIC OFFERINGSWhy new issues are underpriced (1986)Why new issues are underpricedInvestment banking, reputation, and the underpricing of initial public offerings (1986)Investment banking, reputatio…The combined impact of IFRS mandatory adoption and institutional quality on the IPO companies’ underpricing (2022)The combined impact of IFRS m…A Review of IPO Underpricing: Evidences from Developed, Developing and Emerging Markets (2021)A Review of IPO Underpricing:…Impact of pricing mechanism on IPO oversubscription: evidence from Pakistan stock exchange (2020)Impact of pricing mechanism o…Towards Economic Corporate Sustainability in Reporting: What Does Earnings Management around Equity Offerings Mean for Long-Term Performance? (2018)Towards Economic Corporate Su…Determinants of Long-run Performance of Initial Public Offerings: Evidence from India (2017)Determinants of Long-run Perf…Underpricing of IPOs in Saudi Arabia and Sharia compliance (2015)Underpricing of IPOs in Saudi…IPO Performance on China’s Newest Stock Market (ChiNext) (2015)IPO Performance on China’s Ne…The long-run performance of IPOs: the case of the Stock Exchange of Mauritius (2014)The long-run performance of I…The determinants of involuntary delisting rate in the Egyptian IPO equity market (2014)The determinants of involunta…The underpricing of IPOs on the Stock Exchange of Mauritius (2012)The underpricing of IPOs on t…Short run underpricing of initial public offerings (IPOs) in the Johannesburg Stock Exchange (JSE) (2012)Short run underpricing of ini…Political connections and the long-term stock performance of Chinese IPOs (2012)Political connections and the…The under-pricing of IPOs in the Gulf cooperation council countries (2010)The under-pricing of IPOs in …The short-run underpricing of initial public offerings in the Sri Lankan stock market (2010)The short-run underpricing of…Performance of Initial Public Offerings in Pakistan (2007)Performance of Initial Public…What are the risks when investing in thin emerging equity markets: Evidence from the Arab world (2005)What are the risks when inves…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Role of Market Forces in Assuring Contractual Performance (1981)Initial Public Offerings and Underwriter Reputation (1990)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)Price performance of common stock new issues (1975)Does the Choice of Auditor Convey Quality in an Initial Public Offering? (1995)Ownership and operating performance in an emerging market: evidence from Thai IPO firms (2002)The aftermarket performance of initial public offerings in Canada (2003)How investment bankers determine the offer price and allocation of new issues (1989)The Equity Share in New Issues and Aggregate Stock Returns (2000)Uniformly least powerful tests of market efficiency (2000)Global, local, and contagious investor sentiment (2011)The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis (1994)Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions. (1998)From State to Market: A Survey of Empirical Studies on Privatization (2001)China share issue privatization: the extent of its success (2003)International Corporate Governance (2003)Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues (1982)Information and the Cost of Capital (2004)Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings (1989)Grandstanding in the venture capital industry (1996)Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)Using daily stock returns (1985)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Does the Stock Market Overreact? (1985)Event Studies in Economics and Finance (1997)Investor Sentiment and the Cross‐Section of Stock Returns (2006)The New Issues Puzzle (1995)Investor Psychology and Security Market Under‐ and Overreactions (1998)The Persistence of IPO Mispricing and the Predictive Power of Flipping (1999)Pseudo Market Timing and the Long‐Run Underperformance of IPOs (2003)Underpricing and long-term performance of IPOs in China (2003)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1986Why new issues are underpriced2,788 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1986Investment banking, reputation, and the underpricing of initial public offerings2,581 cited
  • 1989Signalling by underpricing in the IPO market1,454 cited
  • 1994Initial public offerings: International insights1,256 cited
  • 2001State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity1,218 cited
  • 1988INITIAL PUBLIC OFFERINGS1,183 cited
  • 1993The Long-Run Performance of Initial Public Offerings: The UK Experience 1980-1988469 cited
  • 1993The Aftermarket Performance of Initial Public Offerings in Latin America350 cited
  • 1997Public Offerings of State-Owned and Privately-Owned Enterprises: An International Comparison339 cited
  • 1993The winner's curse, legal liability, and the long-run price performance of initial public offerings in Finland297 cited
  • 1993The Structure of Privatization Plans174 cited
  • 1998Privatisation initial public offerings in Malaysia: Initial premium and long-term performance151 cited
  • 2000

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

The Long-Run Return to Investors in Share Issue Privatization
113 cited
  • 2000Determinants of Performance Improvements in Privatized Firms: The Role of Restructuring and Corporate Governance113 cited
  • Cited by

    • 2012Political connections and the long-term stock performance of Chinese IPOs71 cited
    • 2005What are the risks when investing in thin emerging equity markets: Evidence from the Arab world42 cited
    • 2018Towards Economic Corporate Sustainability in Reporting: What Does Earnings Management around Equity Offerings Mean for Long-Term Performance?40 cited
    • 2007Performance of Initial Public Offerings in Pakistan40 cited
    • 2012The underpricing of IPOs on the Stock Exchange of Mauritius39 cited
    • 2020Impact of pricing mechanism on IPO oversubscription: evidence from Pakistan stock exchange34 cited
    • 2015Underpricing of IPOs in Saudi Arabia and Sharia compliance32 cited
    • 2010The short-run underpricing of initial public offerings in the Sri Lankan stock market32 cited
    • 2010The under-pricing of IPOs in the Gulf cooperation council countries28 cited
    • 2015IPO Performance on China’s Newest Stock Market (ChiNext)28 cited
    • 2022The combined impact of IFRS mandatory adoption and institutional quality on the IPO companies’ underpricing27 cited
    • 2012Short run underpricing of initial public offerings (IPOs) in the Johannesburg Stock Exchange (JSE)27 cited
    • 2017Determinants of Long-run Performance of Initial Public Offerings: Evidence from India25 cited
    • 2021A Review of IPO Underpricing: Evidences from Developed, Developing and Emerging Markets23 cited
    • 2014The long-run performance of IPOs: the case of the Stock Exchange of Mauritius22 cited
    • 2014The determinants of involuntary delisting rate in the Egyptian IPO equity market20 cited