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The Long-Run Performance of Global Equity Offerings
16 references·16 citing·47 second hopsampled
The Long-Run Performance of Global Equity Offerings (2000)The Long-Run Performance of Global Equity…Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Trading Is Hazardous to Your …Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)Stock Market Liberalization, …Foreign Speculators and Emerging Equity Markets (2000)Foreign Speculators and Emerg…The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stocks Listing in the United States (1999)The Effects of Market Segment…Improved Methods for Tests of Long‐Run Abnormal Stock Returns (1999)Improved Methods for Tests of…Do Investors Trade Too Much? (1999)Do Investors Trade Too Much?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)Market efficiency, long-term …Law and Finance (1998)Law and FinanceMyth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies (1997)Myth or Reality? The Long-Run…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Detecting abnormal operating performance: The empirical power and specification of test statistics (1996)Detecting abnormal operating …The New Issues Puzzle (1995)The New Issues PuzzleInitial public offerings: International insights (1994)Initial public offerings: Int…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…A Theory of Intraday Patterns: Volume and Price Variability (1988)A Theory of Intraday Patterns…The Relation Between Price Changes and Trading Volume: A Survey (1987)The Relation Between Price Ch…Domestic versus foreign listing: Does a CEO's educational experience matter? (2018)Domestic versus foreign listi…Characteristic-Based Benchmark Returns and Corporate Events (2018)Characteristic-Based Benchmar…The Valuation Impact of SEC Enforcement Actions on Nontarget Foreign Firms (2015)The Valuation Impact of SEC E…Corporate governance, agency problems and international cross-listings: A defense of the bonding hypothesis (2012)Corporate governance, agency …Global Asset Pricing (2011)Global Asset PricingAre There Permanent Valuation Gains to Overseas Listing? (2008)Are There Permanent Valuation…Security Offerings**We thank Robert S. Hansen, Jay Ritter and Xueping Wu for suggestions. (2007)Security Offerings**We thank …Earnings Behaviour of Financially Distressed Firms: The Role of Institutional Ownership (2007)Earnings Behaviour of Financi…Cross‐Listing, Bonding Hypothesis and Corporate Governance (2007)Cross‐Listing, Bonding Hypoth…Cost of Capital Effects and Changes in Growth Expectations Around U.S. Cross-Listings (2006)Cost of Capital Effects and C…The Role of American Depositary Receipts in the Development of Emerging Equity Markets (2004)The Role of American Deposita…Firm characteristics and the impact of emerging market liberalizations (2004)Firm characteristics and the …U.S. Cross-Listings and the Private Benefits of Control: Evidence from Dual Class Shares (2003)U.S. Cross-Listings and the P…Discussion of ADRs, Analysts, and Accuracy: Does Cross‐Listing in the United States Improve a Firm's Information Environment and Increase Market Value? (2003)Discussion of ADRs, Analysts,…Explaining the Migration of Stocks from Exchanges in Emerging Economies to International Centers (2002)Explaining the Migration of S…Protection of Minority Shareholder Interests, Cross-Listings in the United States, and Subsequent Equity Offerings (2000)Protection of Minority Shareh…Using daily stock returns (1985)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Investor Psychology and Asset Pricing (2001)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Presidential Address: Discount Rates (2011)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)The Behavior of Stock-Market Prices (1965)The Information Content of Annual Earnings Announcements (1968)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)Differences of Opinion Make a Horse Race (1993)Market liquidity and volume around earnings announcements (1994)Autoregressive Conditional Duration: A New Model for Irregularly Spaced Transaction Data (1998)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)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Legal Determinants of External Finance (1997)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)The Efficient Market Hypothesis and Its Critics (2003)Who Gambles in the Stock Market? (2009)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)On Persistence in Mutual Fund Performance (1997)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)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)
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References

  • 1998Law and Finance17,902 cited
  • 2000Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors3,953 cited
  • 1995The New Issues Puzzle3,550 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1988A Theory of Intraday Patterns: Volume and Price Variability3,120 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1998Market 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.12,572 cited
  • 1987The Relation Between Price Changes and Trading Volume: A Survey2,380 cited
  • 1999Do Investors Trade Too Much?2,245 cited
  • 2000Foreign Speculators and Emerging Equity Markets1,868 cited
  • 1999Improved Methods for Tests of Long‐Run Abnormal Stock Returns1,826 cited
  • 1996Detecting abnormal operating performance: The empirical power and specification of test statistics1,609 cited
  • 1997Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies1,456 cited
  • 2000

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Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices
1,385 cited
  • 1994Initial public offerings: International insights1,256 cited
  • 1999The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stocks Listing in the United States1,051 cited
  • Cited by

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    • 2012Corporate governance, agency problems and international cross-listings: A defense of the bonding hypothesis196 cited
    • 2008Are There Permanent Valuation Gains to Overseas Listing?186 cited
    • 2007Earnings Behaviour of Financially Distressed Firms: The Role of Institutional Ownership175 cited
    • 2006Cost of Capital Effects and Changes in Growth Expectations Around U.S. Cross-Listings166 cited
    • 2004The Role of American Depositary Receipts in the Development of Emerging Equity Markets151 cited
    • 2007Security Offerings**We thank Robert S. Hansen, Jay Ritter and Xueping Wu for suggestions.130 cited
    • 2003U.S. Cross-Listings and the Private Benefits of Control: Evidence from Dual Class Shares123 cited
    • 2015The Valuation Impact of SEC Enforcement Actions on Nontarget Foreign Firms116 cited
    • 2011Global Asset Pricing115 cited
    • 2018Domestic versus foreign listing: Does a CEO's educational experience matter?102 cited
    • 2003Discussion of ADRs, Analysts, and Accuracy: Does Cross‐Listing in the United States Improve a Firm's Information Environment and Increase Market Value?102 cited
    • 2004Firm characteristics and the impact of emerging market liberalizations81 cited
    • 2018Characteristic-Based Benchmark Returns and Corporate Events80 cited
    • 2007Cross‐Listing, Bonding Hypothesis and Corporate Governance72 cited
    • 2002Explaining the Migration of Stocks from Exchanges in Emerging Economies to International Centers71 cited