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Good IPOs Draw in Bad: Inelastic Banking Capacity and Hot Markets
16 references·5 citing·41 second hop
Good IPOs Draw in Bad: Inelastic Banking Capacity and Hot Markets (2007)Good IPOs Draw in Bad: Inelastic Banking …The Role of IPO Underwriting Syndicates: Pricing, Information Production, and Underwriter Competition (2005)The Role of IPO Underwriting …Rational IPO Waves (2005)Rational IPO WavesIPO Pricing in the Dot‐com Bubble (2003)IPO Pricing in the Dot‐com Bu…Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs? (2002)Why Don’t Issuers Get Upset A…Litigation risk and IPO underpricing (2002)Litigation risk and IPO under…IPO Market Cycles: Bubbles or Sequential Learning? (2002)IPO Market Cycles: Bubbles or…Bookbuilding and Strategic Allocation (2001)Bookbuilding and Strategic Al…The Seven Percent Solution (2000)The Seven Percent SolutionSignalling 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…How investment bankers determine the offer price and allocation of new issues (1989)How investment bankers determ…A Theory of Intraday Patterns: Volume and Price Variability (1988)A Theory of Intraday Patterns…Too Much Investment: A Problem of Asymmetric Information (1987)Too Much Investment: A Proble…Signaling Games and Stable Equilibria (1987)Signaling Games and Stable Eq…Why new issues are underpriced (1986)Why new issues are underpricedA Theory of Wage Dynamics (1982)A Theory of Wage DynamicsIPO underpricing and limited attention: Theory and evidence (2023)IPO underpricing and limited …Underwriter deal pipeline and the pricing of IPOs (2016)Underwriter deal pipeline and…Do Underwriters Compete in IPO Pricing? (2016)Do Underwriters Compete in IP…IPO waves and the issuance process (2014)IPO waves and the issuance pr…Public market staging: The timing of capital infusions in newly public firms (2012)Public market staging: The ti…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Valuation effects of security offerings and the issuance process (1986)Grandstanding in the venture capital industry (1996)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)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Imperfect Information, Uncertainty, and Credit Rationing (1976)Credit Rationing in Markets with Imperfect Information (1981)India's Economic Reforms, 1991-2001 (1996)Screening by the Company You Keep: Joint Liability Lending and the Peer Selection Effect (2000)A Theory of Discouraged Borrowers (2003)Investment in Human Capital: A Theoretical Analysis (1962)Schooling, Experience, and Earnings (1974)Agency Problems and the Theory of the Firm (1980)Employment Contracts, Influence Activities, and Efficient Organization Design (1988)Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority (1990)OCCUPATIONAL SPECIFICITY OF HUMAN CAPITAL* (2009)Strategic Information Transmission (1982)Biological signals as handicaps (1990)Intrinsic and Extrinsic Motivation (2003)Incentives and Prosocial Behavior (2006)Initial Public Offerings and Underwriter Reputation (1990)Industry costs of equity (1997)Why Has IPO Underpricing Changed Over Time? (2002)DotCom Mania: The Rise and Fall of Internet Stock Prices (2003)Investor sentiment and the mean–variance relation☆ (2010)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Measuring the Information Content of Stock Trades (1991)ARCH modeling in finance (1992)Investor Psychology and Security Market Under‐ and Overreactions (1998)Prospect Theory: An Analysis of Decision under Risk (1979)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Prospect theory, mental accounting, and momentum (2005)Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)A Review of IPO Activity, Pricing, and Allocations (2002)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)
this work references cited by second hop

References

  • 1987Signaling Games and Stable Equilibria3,227 cited
  • 1988A Theory of Intraday Patterns: Volume and Price Variability3,120 cited
  • 1986Why new issues are underpriced2,788 cited
  • 1989How investment bankers determine the offer price and allocation of new issues1,815 cited
  • 1989Signalling by underpricing in the IPO market1,454 cited
  • 1989Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings1,393 cited
  • 2002Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs?1,384 cited
  • 2003IPO Pricing in the Dot‐com Bubble905 cited
  • 1987Too Much Investment: A Problem of Asymmetric Information879 cited
  • 1982A Theory of Wage Dynamics863 cited
  • 2000The Seven Percent Solution768 cited
  • 2002IPO Market Cycles: Bubbles or Sequential Learning?627 cited
  • 2002Litigation risk and IPO underpricing485 cited
  • 2001Bookbuilding and Strategic Allocation449 cited
  • 2005Rational IPO Waves433 cited
  • 2005The Role of IPO Underwriting Syndicates: Pricing, Information Production, and Underwriter Competition

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413 cited

Cited by

  • 2012Public market staging: The timing of capital infusions in newly public firms34 cited
  • 2016Underwriter deal pipeline and the pricing of IPOs32 cited
  • 2023IPO underpricing and limited attention: Theory and evidence26 cited
  • 2016Do Underwriters Compete in IPO Pricing?23 cited
  • 2014IPO waves and the issuance process23 cited