SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Going public: The impact of insiders' holdings on the price of initial public offerings
14 references·7 citing·42 second hop
Going public: The impact of insiders' holdings on the price of initial public offerings (1989)Going public: The impact of insiders' hol…Organizational forms and investment decisions (1985)Organizational forms and inve…The "Hot Issue" Market of 1980 (1984)The "Hot Issue" Market of 1980Signaling and the Valuation of Unseasoned New Issues (1982)Signaling and the Valuation o…Expectations and the Structure of Share Prices (1982)Expectations and the Structur…The Financial Characteristics and Price Movement Patterns of Companies Approaching the Unseasoned Securities Market in the Late 1970s (1980)The Financial Characteristics…New Issues Revisited (1977)New Issues RevisitedBANKRUPTCY, SECURED DEBT, AND OPTIMAL CAPITAL STRUCTURE (1977)BANKRUPTCY, SECURED DEBT, AND…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Price performance of common stock new issues (1975)Price performance of common s…"Hot Issue" Markets (1975)"Hot Issue" MarketsInsurance, Information, and Individual Action (1971)Insurance, Information, and I…Risk and the Valuation of Common Stock (1969)Risk and the Valuation of Com…The Investment, Financing, and Valuation of the Corporation (1963)The Investment, Financing, an…A New Tool in Investment Decision-Making (1963)A New Tool in Investment Deci…The impact of stakeholders’ temporal orientaton on short- and long-term IPO outcomes: A meta-analysis (2018)The impact of stakeholders’ t…The impact of director’s heterogeneity on IPO underpricing (2017)The impact of director’s hete…Explaining the Variance in Underpricing among Venture Capital‐Backed IPOs : A Comparison Between Private and Corporate VC Firms (2013)Explaining the Variance in Un…Shareholders' Rights and the Effect of the Origin of Venture Capital Firms on the Underpricing of US IPOs (2011)Shareholders' Rights and the …Principal Costs in Initial Public Offerings (2011)Principal Costs in Initial Pu…The effect of firm financial characteristics and the availability of alternative finance on IPO underpricing (2004)The effect of firm financial …Initial Public Offerings as a Web of Conflicts of Interest: An Empirical Assessment (2003)Initial Public Offerings as a…Why new issues are underpriced (1986)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)Why Has IPO Underpricing Changed Over Time? (2002)Why Has IPO Underpricing Changed Over Time (2004)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)Analyst Following of Initial Public Offerings (1997)IPO Market Cycles: Bubbles or Sequential Learning? (2002)Why does IPO volume fluctuate so much? (2002)Job Market Signaling (1973)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)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)Dividend Policy, Growth, and the Valuation of Shares (1961)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)Options on the minimum or the maximum of two risky assets (1982)The Corporate Bankruptcy Decision (1989)Capital structure and its determinants in the UK - a decompositional analysis (2002)The cost of capital, corporation finance and the theory of investment (2008)The Pricing of Options and Corporate Liabilities (1973)Market Efficiency, Long-Term Returns, and Behavioral Finance (1997)The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stocks Listing in the United States (1999)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)The Nature of the Firm (1937)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Separation of Ownership and Control (1983)Founding‐Family Ownership, Corporate Diversification, and Firm Leverage (2003)The effects of parental altruism on the governance of family-managed firms (2005)Large shareholders and firm performance—An empirical examination of founding-family ownership (2008)Expectations and Share Prices (1981)Divergence of Opinion in Complete Markets: A Note (1985)Consensus Consumer and Intertemporal Asset Pricing with Heterogeneous Beliefs (2007)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)Chapter 2 The theory of the firm (1989)DOES MORE TRANSPARENCY GO ALONG WITH BETTER GOVERNANCE? (2006)The Evolution of Ethnocentrism (2006)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984The "Hot Issue" Market of 19801,586 cited
  • 1975Price performance of common stock new issues1,341 cited
  • 1963The Investment, Financing, and Valuation of the Corporation958 cited
  • 1975"Hot Issue" Markets645 cited
  • 1971Insurance, Information, and Individual Action617 cited
  • 1977BANKRUPTCY, SECURED DEBT, AND OPTIMAL CAPITAL STRUCTURE589 cited
  • 1985Organizational forms and investment decisions513 cited
  • 1982Signaling and the Valuation of Unseasoned New Issues401 cited
  • 1982Expectations and the Structure of Share Prices243 cited
  • 1977New Issues Revisited78 cited
  • 1963A New Tool in Investment Decision-Making72 cited
  • 1969Risk and the Valuation of Common Stock63 cited
  • 1980The Financial Characteristics and Price Movement Patterns of Companies Approaching the Unseasoned Securities Market in the Late 1970s58 cited

Cited by

  • 2013Explaining the Variance in Underpricing among Venture Capital‐Backed IPOs : A Comparison Between Private and Corporate VC Firms42 cited

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

  • 2011Shareholders' Rights and the Effect of the Origin of Venture Capital Firms on the Underpricing of US IPOs28 cited
  • 2011Principal Costs in Initial Public Offerings28 cited
  • 2003Initial Public Offerings as a Web of Conflicts of Interest: An Empirical Assessment24 cited
  • 2017The impact of director’s heterogeneity on IPO underpricing21 cited
  • 2018The impact of stakeholders’ temporal orientaton on short- and long-term IPO outcomes: A meta-analysis21 cited
  • 2004The effect of firm financial characteristics and the availability of alternative finance on IPO underpricing14 cited