Are IPOs Really Underpriced?
Author:
Publisher
Oxford University Press (OUP)
Subject
Economics and Econometrics,Finance,Accounting
Link
http://academic.oup.com/rfs/article-pdf/17/3/811/5311441/hhg055.pdf
Reference49 articles.
1. Strategic IPO underpricing, information momentum, and lockup expiration selling
2. Signalling by underpricing in the IPO market
3. Detecting long-run abnormal stock returns: The empirical power and specification of test statistics
4. A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.1
5. How investment bankers determine the offer price and allocation of new issues
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