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Valuation Uncertainty and Short-Sales Constraints: Evidence from the IPO Aftermarket
16 references·0 citing·33 second hop
Valuation Uncertainty and Short-Sales Constraints: Evidence from the IPO Aftermarket (2021)Valuation Uncertainty and Short-Sales Con…A five-factor asset pricing model (2014)A five-factor asset pricing m…Information Uncertainty and Stock Returns (2006)Information Uncertainty and S…Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs? (2002)Why Don’t Issuers Get Upset A…Differences of Opinion and the Cross Section of Stock Returns (2002)Differences of Opinion and th…A Review of IPO Activity, Pricing, and Allocations (2002)A Review of IPO Activity, Pri…The Stock Market Valuation of Research and Development Expenditures (2001)The Stock Market Valuation of…Industry costs of equity (1997)Industry costs of equityThe New Issues Puzzle (1995)The New Issues PuzzleContrarian Investment, Extrapolation, and Risk (1994)Contrarian Investment, Extrap…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…How investment bankers determine the offer price and allocation of new issues (1989)How investment bankers determ…Constraints on short-selling and asset price adjustment to private information (1987)Constraints on short-selling …Why new issues are underpriced (1986)Why new issues are underpricedInvestment banking, reputation, and the underpricing of initial public offerings (1986)Investment banking, reputatio…RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)RISK, UNCERTAINTY, AND DIVERG…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Role of Market Forces in Assuring Contractual Performance (1981)Initial Public Offerings and Underwriter Reputation (1990)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Illiquidity and stock returns: cross-section and time-series effects (2002)A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues (1982)Information and the Cost of Capital (2004)The Pricing of Options and Corporate Liabilities (1973)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)The Cross‐Section of Volatility and Expected Returns (2006)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)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)The relationship between return and market value of common stocks (1981)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Influencing Initial Public Offering Investors with Prestige: Signaling with Board Structures (2003)Why Has IPO Underpricing Changed Over Time (2004)In Search of Attention (2011)Editor's Choice Digesting Anomalies: An Investment ApproachOn Persistence in Mutual Fund Performance (1997)Do Shareholders Benefit from Green Bonds? (2018)Empirical Asset Pricing via Machine Learning (2020)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)
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References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 2014A five-factor asset pricing model7,841 cited
  • 1997Industry costs of equity5,793 cited
  • 1994Contrarian Investment, Extrapolation, and Risk4,198 cited
  • 1977RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION3,714 cited
  • 1995The New Issues Puzzle3,550 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1986Why new issues are underpriced2,788 cited
  • 1986Investment banking, reputation, and the underpricing of initial public offerings2,581 cited
  • 2002A Review of IPO Activity, Pricing, and Allocations2,452 cited
  • 2002Differences of Opinion and the Cross Section of Stock Returns2,145 cited
  • 1989How investment bankers determine the offer price and allocation of new issues1,815 cited
  • 2006Information Uncertainty and Stock Returns1,810 cited
  • 1987Constraints on short-selling and asset price adjustment to private information1,796 cited
  • 2001The Stock Market Valuation of Research and Development Expenditures1,734 cited
  • 2002Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs?

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