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Global Integration in Primary Equity Markets: The Role of U.S. Banks and U.S. Investors
16 references·16 citing·42 second hopsampled
Global Integration in Primary Equity Markets: The Role of U.S. Banks and U.S. Investors (2003)Global Integration in Primary Equity Mark…Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence (2001)Underpricing and Entrepreneur…The Seven Percent Solution (2000)The Seven Percent SolutionStock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)Stock Market Liberalization, …Foreign Speculators and Emerging Equity Markets (2000)Foreign Speculators and Emerg…Share issue privatizations as financial means to political and economic ends (1999)Share issue privatizations as…GOLBALIZATION, CORPORATE FINANCE, AND THE COST OF CAPITAL (1999)GOLBALIZATION, CORPORATE FINA…Why Do Companies List Shares Abroad?: A Survey of the Evidence and Its Managerial Implications (1998)Why Do Companies List Shares …Initial public offerings: International insights (1994)Initial public offerings: Int…The underpricing of initial public offerings and the partial adjustment phenomenon (1993)The underpricing of initial p…The Pricing of Initial Public Offerings: A Dynamic Model with Information Production (1993)The Pricing of Initial Public…Sequential Sales, Learning, and Cascades (1992)Sequential Sales, Learning, a…How investment bankers determine the offer price and allocation of new issues (1989)How investment bankers determ…INITIAL PUBLIC OFFERINGS (1988)INITIAL PUBLIC OFFERINGSInformation quality and the valuation of new issues (1986)Information quality and the v…Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…Unionism and Wage Rates: A Simultaneous Equations Model with Qualitative and Limited Dependent Variables (1978)Unionism and Wage Rates: A Si…Quid Pro Quo? What Factors Influence IPO Allocations to Investors? (2018)Quid Pro Quo? What Factors In…The Value of Investment Banking Relationships: Evidence from the Collapse of Lehman Brothers (2012)The Value of Investment Banki…Why Don't U.S. Issuers Demand European Fees for IPOs? (2011)Why Don't U.S. Issuers Demand…Cross-country IPOs: What explains differences in underpricing? (2011)Cross-country IPOs: What expl…Underpricing of IPOs: Firm-, issue- and country-specific characteristics (2010)Underpricing of IPOs: Firm-, …Competition and the Structure of Vertical Relationships in Capital Markets (2010)Competition and the Structure…Endogenous Entry and Partial Adjustment in IPO Auctions: Are Institutional Investors Better Informed? (2009)Endogenous Entry and Partial …Security Offerings**We thank Robert S. Hansen, Jay Ritter and Xueping Wu for suggestions. (2007)Security Offerings**We thank …IPO Underpricing**Thanks for helpful comments go to Martijn Cremers, Espen Eckbo, Roger Edelen, David Goldreich, Tim Jenkinson, Ron Masulis, Jay Ritter, Ann Sherman, Seha Tinic, and William J. Wilhelm. (2007)IPO Underpricing**Thanks for …Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding (2007)Analyst Hype in IPOs: Explain…The Value of Enterprise Risk Management: Evidence from the U.S. Insurance Industry (2006)The Value of Enterprise Risk …A review of IPO research in Asia: What's next? (2006)A review of IPO research in A…Why are European IPOs so rarely priced outside the indicative price range? (2005)Why are European IPOs so rare…Investor Sentiment and Pre-Ipo Markets (2005)Investor Sentiment and Pre-Ip…Global trends in IPO methods: Book building versus auctions with endogenous entry (2005)Global trends in IPO methods:…Bids and Allocations in European IPO Bookbuilding (2004)Bids and Allocations in Europ…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy (1979)Investment banking, reputation, and the underpricing of initial public offerings (1986)Initial Public Offerings and Underwriter Reputation (1990)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)The Long‐Run Performance of initial Public Offerings (1991)The Equity Share in New Issues and Aggregate Stock Returns (2000)Uniformly least powerful tests of market efficiency (2000)Global, local, and contagious investor sentiment (2011)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)Equity Premia as Low as Three Percent? Evidence from Analysts' Earnings Forecasts for Domestic and International Stock Markets (2001)What matters for financial development? Capital controls, institutions, and interactions (2005)International Differences in the Cost of Equity Capital: Do Legal Institutions and Securities Regulation Matter? (2006)Economic Reform and the Process of Global Integration (1995)The New Issues Puzzle (1995)Event Studies in Economics and Finance (1997)The World Price of Insider Trading (2002)Effects on Financial Globalization on Developing Countries: Some Empirical Evidence (2004)Liquidity and Expected Returns: Lessons from Emerging Markets (2007)Bank Runs, Deposit Insurance, and Liquidity (1983)Herd Behavior and Investment (1988)A Simple Model of Herd Behavior (1992)Rational herding in financial economics (1996)An examination of herd behavior in equity markets: An international perspective (2000)Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs? (2002)On the Impossibility of Informationally Efficient Markets (1980)Generalized autoregressive conditional heteroskedasticity (1986)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Asymmetric correlations of equity portfolios (2002)Does financial liberalization spur growth? (2005)Investor Psychology and Security Market Under‐ and Overreactions (1998)Education and Self-Selection (1978)Political Regimes and Economic Growth (1993)Political Regimes and Economic Growth (1995)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)Econometric Analysis of Cross Section and Panel Data (2001)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)
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References

  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 2000Foreign Speculators and Emerging Equity Markets1,868 cited
  • 1989How investment bankers determine the offer price and allocation of new issues1,815 cited
  • 2000Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices1,385 cited
  • 1992Sequential Sales, Learning, and Cascades1,301 cited
  • 1999GOLBALIZATION, CORPORATE FINANCE, AND THE COST OF CAPITAL1,264 cited
  • 1994Initial public offerings: International insights1,256 cited
  • 1988INITIAL PUBLIC OFFERINGS1,183 cited
  • 1986Information quality and the valuation of new issues1,180 cited
  • 1978Unionism and Wage Rates: A Simultaneous Equations Model with Qualitative and Limited Dependent Variables1,173 cited
  • 1993The underpricing of initial public offerings and the partial adjustment phenomenon988 cited
  • 2000The Seven Percent Solution768 cited
  • 2001Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence568 cited
  • 1998Why Do Companies List Shares Abroad?: A Survey of the Evidence and Its Managerial Implications561 cited
  • 1993The Pricing of Initial Public Offerings: A Dynamic Model with Information Production

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461 cited
  • 1999Share issue privatizations as financial means to political and economic ends414 cited
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    • 2005Global trends in IPO methods: Book building versus auctions with endogenous entry260 cited
    • 2010Underpricing of IPOs: Firm-, issue- and country-specific characteristics203 cited
    • 2004Bids and Allocations in European IPO Bookbuilding202 cited
    • 2007IPO Underpricing**Thanks for helpful comments go to Martijn Cremers, Espen Eckbo, Roger Edelen, David Goldreich, Tim Jenkinson, Ron Masulis, Jay Ritter, Ann Sherman, Seha Tinic, and William J. Wilhelm.188 cited
    • 2009Endogenous Entry and Partial Adjustment in IPO Auctions: Are Institutional Investors Better Informed?146 cited
    • 2012The Value of Investment Banking Relationships: Evidence from the Collapse of Lehman Brothers138 cited
    • 2011Cross-country IPOs: What explains differences in underpricing?137 cited
    • 2007Security Offerings**We thank Robert S. Hansen, Jay Ritter and Xueping Wu for suggestions.130 cited
    • 2006The Value of Enterprise Risk Management: Evidence from the U.S. Insurance Industry124 cited
    • 2011Why Don't U.S. Issuers Demand European Fees for IPOs?106 cited
    • 2010Competition and the Structure of Vertical Relationships in Capital Markets104 cited
    • 2005Why are European IPOs so rarely priced outside the indicative price range?99 cited
    • 2005Investor Sentiment and Pre-Ipo Markets97 cited
    • 2007Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding95 cited
    • 2006A review of IPO research in Asia: What's next?94 cited
    • 2018Quid Pro Quo? What Factors Influence IPO Allocations to Investors?90 cited