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Regulatory underpricing: Determinants of Chinese extreme IPO returns
16 references·16 citing·40 second hopsampled
Regulatory underpricing: Determinants of Chinese extreme IPO returns (2010)Regulatory underpricing: Determinants of …Law, finance, and economic growth in China (2005)Law, finance, and economic gr…Does financial liberalization spur growth? (2005)Does financial liberalization…A Review of IPO Activity, Pricing, and Allocations (2002)A Review of IPO Activity, Pri…From State to Market: A Survey of Empirical Studies on Privatization (2001)From State to Market: A Surve…Tunneling (2000)TunnelingCorporate Ownership Around the World (1999)Corporate Ownership Around th…Diversification's effect on firm value (1995)Diversification's effect on f…Finance and Growth: Schumpeter Might Be Right (1993)Finance and Growth: Schumpete…Additional evidence on equity ownership and corporate value (1990)Additional evidence on equity…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 underpricedLarge Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Investment banking, reputation, and the underpricing of initial public offerings (1986)Investment banking, reputatio…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Calculus of Consent. (1962)The Calculus of Consent.Underwriter reputation and IPO underpricing: The role of institutional investors in the Chinese growth enterprise market (2021)Underwriter reputation and IP…Policy Uncertainty and Innovation: Evidence from Initial Public Offering Interventions in China (2021)Policy Uncertainty and Innova…Let us work together: The impact of customer strategic alliances on IPO underpricing and post-IPO performance (2021)Let us work together: The imp…Initial Public Offerings Chinese Style (2020)Initial Public Offerings Chin…Trust and IPO underpricing (2019)Trust and IPO underpricingVenture capital and entrepreneurship: a conceptual model and research suggestions (2017)Venture capital and entrepren…Media Coverage and IPO Pricing Around the World (2017)Media Coverage and IPO Pricin…Can investor sentiment be a momentum time-series predictor? Evidence from China (2017)Can investor sentiment be a m…Anomalies in Chinese A-Shares (2017)Anomalies in Chinese A-SharesThe Performance of Governmental Venture Capital Firms: A Life Cycle Perspective and Evidence from China (2016)The Performance of Government…Institutional environment, firm ownership, and IPO first-day returns: Evidence from China (2015)Institutional environment, fi…Do Political Connections Matter in Accessing Capital Markets? Evidence from China (2015)Do Political Connections Matt…Bias in the post-IPO earnings forecasts of affiliated analysts: Evidence from a Chinese natural experiment (2015)Bias in the post-IPO earnings…Donating Money to Get Money: The Role of Corporate Philanthropy in Stakeholder Reactions to IPOs (2014)Donating Money to Get Money: …Underpricing, board structure, and ownership (2013)Underpricing, board structure…Law, Finance, and Economic Growth in China: An Introduction (2009)Law, Finance, and Economic Gr…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)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Higher market valuation of companies with a small board of directors (1996)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Determinants of corporate borrowing (1977)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Investor Protection and Corporate Valuation (2002)Digital Business Strategy: Toward a Next Generation of Insights (2013)A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues (1982)Information and the Cost of Capital (2004)On the mechanics of economic development (1988)A Contribution to the Empirics of Economic Growth (1992)Financial Dependence and Growth (1996)Africa's Growth Tragedy: Policies and Ethnic Divisions (1997)Does Social Capital Have an Economic Payoff? A Cross-Country Investigation (1997)The Theory of Economic Development (2003)Mergers and the Market for Corporate Control (1965)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Problem of Social Cost (1960)A Survey of Corporate Governance (1997)Law and Finance (1998)Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)World Investment Report (2017)A Brief History of Neoliberalism (2020)Legal Determinants of External Finance (1997)Capitalism with Chinese Characteristics (2008)Growing Like China (2011)The Fundamental Institutions of China's Reforms and Development (2011)Investor protection and corporate governance (2000)The separation of ownership and control in East Asian Corporations (2000)Earnings management and investor protection: an international comparison (2003)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1999Corporate Ownership Around the World10,565 cited
  • 1993Finance and Growth: Schumpeter Might Be Right8,651 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 2005Law, finance, and economic growth in China4,481 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 2001From State to Market: A Survey of Empirical Studies on Privatization3,555 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1986Why new issues are underpriced2,788 cited
  • 1986Investment banking, reputation, and the underpricing of initial public offerings2,581 cited
  • 2002A Review of IPO Activity, Pricing, and Allocations2,452 cited
  • 2000Tunneling2,216 cited
  • 1962The Calculus of Consent.2,059 cited
  • 2005Does financial liberalization spur growth?2,011 cited
  • 1989Signalling by underpricing in the IPO market1,454 cited
  • 1989Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings

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1,393 cited

Cited by

  • 2017Can investor sentiment be a momentum time-series predictor? Evidence from China165 cited
  • 2019Trust and IPO underpricing151 cited
  • 2021Policy Uncertainty and Innovation: Evidence from Initial Public Offering Interventions in China151 cited
  • 2015Institutional environment, firm ownership, and IPO first-day returns: Evidence from China148 cited
  • 2020Initial Public Offerings Chinese Style123 cited
  • 2017Media Coverage and IPO Pricing Around the World120 cited
  • 2015Do Political Connections Matter in Accessing Capital Markets? Evidence from China79 cited
  • 2009Law, Finance, and Economic Growth in China: An Introduction69 cited
  • 2014Donating Money to Get Money: The Role of Corporate Philanthropy in Stakeholder Reactions to IPOs62 cited
  • 2015Bias in the post-IPO earnings forecasts of affiliated analysts: Evidence from a Chinese natural experiment58 cited
  • 2013Underpricing, board structure, and ownership56 cited
  • 2021Let us work together: The impact of customer strategic alliances on IPO underpricing and post-IPO performance56 cited
  • 2017Venture capital and entrepreneurship: a conceptual model and research suggestions55 cited
  • 2016The Performance of Governmental Venture Capital Firms: A Life Cycle Perspective and Evidence from China55 cited
  • 2021Underwriter reputation and IPO underpricing: The role of institutional investors in the Chinese growth enterprise market54 cited
  • 2017Anomalies in Chinese A-Shares53 cited