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The Pricing of Equity Carve‐Outs
16 references·6 citing·40 second hop
The Pricing of Equity Carve‐Outs (2000)The Pricing of Equity Carve‐OutsUnderwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)Underwriter Reputation, Initi…Measuring long-horizon security price performance (1997)Measuring long-horizon securi…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 PuzzleSize and Book-to-Market Factors in Earnings and Returns (1995)Size and Book-to-Market Facto…Corporate focus and stock returns (1995)Corporate focus and stock ret…The investment opportunity set and corporate financing, dividend, and compensation policies (1992)The investment opportunity se…Venture Capitalist Certification in Initial Public Offerings (1991)Venture Capitalist Certificat…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…Initial Public Offerings and Underwriter Reputation (1990)Initial Public Offerings and …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 underpricedThe "Hot Issue" Market of 1980 (1984)The "Hot Issue" Market of 1980Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Price performance of common stock new issues (1975)Price performance of common s…Mandatory ESG disclosure, information asymmetry, and litigation risk: Evidence from initial public offerings (2024)Mandatory ESG disclosure, inf…Financial Literacy and IPO Underpricing (2023)Financial Literacy and IPO Un…Worldwide short selling regulations and IPO underpricing (2020)Worldwide short selling regul…Unlocking value: Equity carve outs as strategic real options (2007)Unlocking value: Equity carve…Valuation and Performance of Reacquisitions Following Equity Carve‐Outs (2006)Valuation and Performance of …THE PRICING OF EQUITY CARVE‐OUTS DURING THE 1990s (2004)THE PRICING OF EQUITY CARVE‐O…Determinants of corporate borrowing (1977)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues (1982)Investment banking, reputation, and the underpricing of initial public offerings (1986)Information and the Cost of Capital (2004)Theory of Rational Option Pricing (1973)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)MEDIA LEGITIMATION EFFECTS IN THE MARKET FOR INITIAL PUBLIC OFFERINGS. (2003)Theory of rational option pricing (2005)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)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Auditor independence, ‘low balling’, and disclosure regulation (1981)Financial Intermediation, Loanable Funds, and The Real Sector (1997)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)Interorganizational Endorsements and the Performance of Entrepreneurial Ventures (1999)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Does the Stock Market Overreact? (1985)INITIAL PUBLIC OFFERINGS (1988)Event Studies in Economics and Finance (1997)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)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)An Intertemporal Capital Asset Pricing Model (1973)Multifactor Explanations of Asset Pricing Anomalies (1996)Industry costs of equity (1997)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Why Has IPO Underpricing Changed Over Time? (2002)Why Has IPO Underpricing Changed Over Time (2004)
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References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1992The investment opportunity set and corporate financing, dividend, and compensation policies3,591 cited
  • 1995The New Issues Puzzle3,550 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1995Size and Book-to-Market Factors in Earnings and Returns3,456 cited
  • 1986Why new issues are underpriced2,788 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1990Initial Public Offerings and Underwriter Reputation2,442 cited
  • 1991Venture Capitalist Certification in Initial Public Offerings2,322 cited
  • 1984The "Hot Issue" Market of 19801,586 cited
  • 1998Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks1,510 cited
  • 1989Signalling by underpricing in the IPO market1,454 cited
  • 1989Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings1,393 cited
  • 1975Price performance of common stock new issues1,341 cited
  • 1995Corporate focus and stock returns1,078 cited

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

  • 1997Measuring long-horizon security price performance991 cited
  • Cited by

    • 2024Mandatory ESG disclosure, information asymmetry, and litigation risk: Evidence from initial public offerings63 cited
    • 2020Worldwide short selling regulations and IPO underpricing45 cited
    • 2007Unlocking value: Equity carve outs as strategic real options31 cited
    • 2023Financial Literacy and IPO Underpricing27 cited
    • 2004THE PRICING OF EQUITY CARVE‐OUTS DURING THE 1990s25 cited
    • 2006Valuation and Performance of Reacquisitions Following Equity Carve‐Outs21 cited