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The market-adjusted investment performance of ADR IPOs and SEOs
15 references·6 citing·42 second hop
The market-adjusted investment performance of ADR IPOs and SEOs (1999)The market-adjusted investment performanc…International Cross‐Listing and Order Flow Migration: Evidence from an Emerging Market (1998)International Cross‐Listing a…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…The New Issues Puzzle (1995)The New Issues PuzzleThe Long-Run Performance of Initial Public Offerings: The UK Experience 1980-1988 (1993)The Long-Run Performance of I…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…The Long-Run Performance of Initial Public Offerings (1991)The Long-Run Performance of I…Fads in the Initial Public Offering Market? (1990)Fads in the Initial Public Of…INITIAL PUBLIC OFFERINGS (1988)INITIAL PUBLIC OFFERINGSInitial Public Offerings: Daily Returns, Offering Types and the Price Effect (1987)Initial Public Offerings: Dai…An Examination of Mispricing, Returns, and Uncertainty for Initial Public Offerings (1987)An Examination of Mispricing,…ADRs (1987)ADRsInternational Equity and Bond Returns (1982)International Equity and Bond…Multinationals are Poor Tools for Diversification (1978)Multinationals are Poor Tools…Price performance of common stock new issues (1975)Price performance of common s…Why Not Diversify Internationally Rather Than Domestically? (1974)Why Not Diversify Internation…Do ADR investors herd?: Evidence from advanced and emerging markets (2013)Do ADR investors herd?: Evide…Market timing wealth effects of American Depository Receipts: The cases of emerging and developed market issues (2005)Market timing wealth effects …Valuation impact of currency crises: Evidence from the ADR market (2004)Valuation impact of currency …Underpricing and aftermarket performance of American depositary receipts (ADR) IPOs (2004)Underpricing and aftermarket …Market timing effects on the investment performance of Asia-Pacific and European ADRs listed on the New York stock exchange (2004)Market timing effects on the …Effects of exchange-rate and interest-rate risk on ADR pricing behavior (2003)Effects of exchange-rate and …A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market (1984)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Estimation of the Bid–Ask Spread and Its Components: A New Approach (1991)Globalization of Equity Markets and the Cost of Capital (1999)The economic consequences of increased disclosure: Evidence from international cross-listings☆ (2006)Does international cross-listing improve the information environment (2008)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Does the Stock Market Overreact? (1985)Restructuring through spinoffs (1993)Stabilization Activities by Underwriters after Initial Public Offerings (2000)IPO Underpricing and After-Market Liquidity (2006)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, Return, and Equilibrium: Empirical Tests (1973)The relationship between return and market value of common stocks (1981)A five-factor asset pricing model (2014)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)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)Internationally Diversified Portfolios: Welfare Gains and Capital Flows (1968)International Diversification of Investment Portfolios (1970)Does industrial structure explain the benefits of international diversification? (1994)Home Bias in Equity Portfolios, Inflation Hedging, and International Capital Market Equilibrium (1994)Global financial crisis, extreme interdependences, and contagion effects: The role of economic structure? (2010)Further Evidence On Investor Overreaction and Stock Market Seasonality (1987)Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence (2001)Securities lending, shorting, and pricing (2002)Why does IPO volume fluctuate so much? (2002)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)Event Studies in Economics and Finance (1997)Investor Sentiment and the Cross‐Section of Stock Returns (2006)
this work references cited by second hop

References

  • 1995The New Issues Puzzle3,550 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1975Price performance of common stock new issues1,341 cited
  • 1988INITIAL PUBLIC OFFERINGS1,183 cited
  • 1974Why Not Diversify Internationally Rather Than Domestically?899 cited
  • 1991The Long-Run Performance of Initial Public Offerings779 cited
  • 1993The Long-Run Performance of Initial Public Offerings: The UK Experience 1980-1988469 cited
  • 1998International Cross‐Listing and Order Flow Migration: Evidence from an Emerging Market444 cited
  • 1990Fads in the Initial Public Offering Market?412 cited
  • 1987An Examination of Mispricing, Returns, and Uncertainty for Initial Public Offerings248 cited
  • 1978Multinationals are Poor Tools for Diversification184 cited
  • 1987Initial Public Offerings: Daily Returns, Offering Types and the Price Effect153 cited
  • 1987ADRs86 cited
  • 1982International Equity and Bond Returns74 cited

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2004
Underpricing and aftermarket performance of American depositary receipts (ADR) IPOs
53 cited
  • 2013Do ADR investors herd?: Evidence from advanced and emerging markets42 cited
  • 2004Market timing effects on the investment performance of Asia-Pacific and European ADRs listed on the New York stock exchange30 cited
  • 2003Effects of exchange-rate and interest-rate risk on ADR pricing behavior26 cited
  • 2005Market timing wealth effects of American Depository Receipts: The cases of emerging and developed market issues25 cited
  • 2004Valuation impact of currency crises: Evidence from the ADR market24 cited