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Underwriter learning about unfamiliar firms: Evidence from the history of biotech IPOS
16 references·2 citing·38 second hop
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this work references cited by second hop

References

  • 1992A Simple Model of Herd Behavior6,511 cited
  • 1971Industrial Market Structure and Economic Performance.6,304 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION5,868 cited
  • 1997The conservatism principle and the asymmetric timeliness of earnings13,988 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1986Investment banking, reputation, and the underpricing of initial public offerings2,598 cited
  • 1991Venture Capitalist Certification in Initial Public Offerings2,461 cited
  • 1990Initial Public Offerings and Underwriter Reputation2,442 cited
  • 1995The information content of losses2,315 cited
  • 2008Innovation in Large and Small Firms: An Empirical Analysis2,023 cited
  • 1989How investment bankers determine the offer price and allocation of new issues1,815 cited
  • 2004Why Has IPO Underpricing Changed Over Time1,630 cited
  • 1984The "Hot Issue" Market of 19801,586 cited
  • 1986Do Demand Curves for Stocks Slope Down?1,524 cited
  • 1998Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks1,510 cited

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

  • 2002Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs?1,384 cited
  • Cited by

    • 2016Attracting Early‐Stage Investors: Evidence from a Randomized Field Experiment410 cited
    • 2022A systematic analysis of biotech startups that went public in the first half of 202111 cited