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The Variability of IPO Initial Returns
16 references·16 citing·34 second hopsampled
The Variability of IPO Initial Returns (2010)The Variability of IPO Initial ReturnsWhy Has IPO Underpricing Changed Over Time (2004)Why Has IPO Underpricing Chan…Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)Have Individual Stocks Become…Industry costs of equity (1997)Industry costs of equityVenture 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…Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Conditional Heteroskedasticit…Initial Public Offerings and Underwriter Reputation (1990)Initial Public Offerings and …Why Does Stock Market Volatility Change Over Time? (1989)Why Does Stock Market Volatil…How investment bankers determine the offer price and allocation of new issues (1989)How investment bankers determ…Expected stock returns and volatility (1987)Expected stock returns and vo…Why new issues are underpriced (1986)Why new issues are underpricedInvestment banking, reputation, and the underpricing of initial public offerings (1986)Investment banking, reputatio…Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Autoregressive Conditional He…Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecas…Book Review: Time Series Analysis: Forecasting and Control (1977)Book Review: Time Series Anal…A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)A Subordinated Stochastic Pro…Media Coverage and the Cost of Debt (2019)Media Coverage and the Cost o…The JOBS Act and Information Uncertainty in IPO Firms (2017)The JOBS Act and Information …Initial Public Offerings: A Synthesis of the Literature and Directions for Future Research (2017)Initial Public Offerings: A S…Redacting proprietary information at the initial public offering (2016)Redacting proprietary informa…The Sovereign Wealth Fund Discount: Evidence from Public Equity Investments (2015)The Sovereign Wealth Fund Dis…Institutional environment, firm ownership, and IPO first-day returns: Evidence from China (2015)Institutional environment, fi…When do family firms have an advantage in transitioning economies? Toward a dynamic institution‐based view (2014)When do family firms have an …Robust determinants of IPO underpricing and their implications for IPO research (2014)Robust determinants of IPO un…Do regulatory changes affect the underpricing of European IPOs? (2014)Do regulatory changes affect …Contracting under asymmetric information: Evidence from lockup agreements in seasoned equity offerings (2013)Contracting under asymmetric …Underwriter Quality and Long‐Run IPO Performance (2011)Underwriter Quality and Long‐…Initial Public Offerings as Lotteries: Skewness Preference and First-Day Returns (2011)Initial Public Offerings as L…Going public to acquire? The acquisition motive in IPOs (2010)Going public to acquire? The …Auctioned IPOs: The US evidence (2010)Auctioned IPOs: The US eviden…A Theory of Merger-Driven IPOs (2009)A Theory of Merger-Driven IPOsDo Investors Overweight Personal Experience? Evidence from IPO Subscriptions (2007)Do Investors Overweight Perso…Specification Tests in Econometrics (1978)Generalized autoregressive conditional heteroskedasticity (1986)Illiquidity and stock returns: cross-section and time-series effects (2002)ARCH modeling in finance (1992)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)How do family ownership, control and management affect firm value? (2005)Measuring Geopolitical Risk (2022)ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION (1976)The "Hot Issue" Market of 1980 (1984)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)Information and the Cost of Capital (2004)Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Does the Stock Market Overreact? (1985)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)The Analysis of Economic Time-Series-Part I: Prices (1953)The Random Character of Stock Market Prices (1968)An Intertemporal Capital Asset Pricing Model (1973)Option pricing when underlying stock returns are discontinuous (1976)The variation of certain speculative prices (1997)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)The Cross‐Section of Volatility and Expected Returns (2006)Econometric Analysis of Cross Section and Panel Data (2001)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Using daily stock returns (1985)Introductory Econometrics for Finance (2008)
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References

  • 1982Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation21,185 cited
  • 1977Book Review: Time Series Analysis: Forecasting and Control19,399 cited
  • 1991Conditional Heteroskedasticity in Asset Returns: A New Approach10,394 cited
  • 1977Time Series Analysis: Forecasting and Control6,592 cited
  • 1997Industry costs of equity5,793 cited
  • 1987Expected stock returns and volatility4,147 cited
  • 1991The Long-Run Performance of Initial Public Offerings3,719 cited
  • 1989Why Does Stock Market Volatility Change Over Time?3,433 cited
  • 1986Why new issues are underpriced2,845 cited
  • 1973A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices2,781 cited
  • 1986Investment banking, reputation, and the underpricing of initial public offerings2,598 cited
  • 2001Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk2,591 cited
  • 1991Venture Capitalist Certification in Initial Public Offerings2,461 cited
  • 1990Initial Public Offerings and Underwriter Reputation2,442 cited
  • 1989How investment bankers determine the offer price and allocation of new issues

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1,815 cited
  • 2004Why Has IPO Underpricing Changed Over Time1,630 cited
  • Cited by

    • 2007Do Investors Overweight Personal Experience? Evidence from IPO Subscriptions455 cited
    • 2010Going public to acquire? The acquisition motive in IPOs252 cited
    • 2014When do family firms have an advantage in transitioning economies? Toward a dynamic institution‐based view236 cited
    • 2017Initial Public Offerings: A Synthesis of the Literature and Directions for Future Research220 cited
    • 2011Initial Public Offerings as Lotteries: Skewness Preference and First-Day Returns206 cited
    • 2019Media Coverage and the Cost of Debt192 cited
    • 2015The Sovereign Wealth Fund Discount: Evidence from Public Equity Investments182 cited
    • 2017The JOBS Act and Information Uncertainty in IPO Firms173 cited
    • 2016Redacting proprietary information at the initial public offering171 cited
    • 2015Institutional environment, firm ownership, and IPO first-day returns: Evidence from China148 cited
    • 2009A Theory of Merger-Driven IPOs124 cited
    • 2014Robust determinants of IPO underpricing and their implications for IPO research115 cited
    • 2013Contracting under asymmetric information: Evidence from lockup agreements in seasoned equity offerings106 cited
    • 2010Auctioned IPOs: The US evidence100 cited
    • 2011Underwriter Quality and Long‐Run IPO Performance92 cited
    • 2014Do regulatory changes affect the underpricing of European IPOs?91 cited