Further Literature - IPO-Underpricing

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Further Literature

Literature
Further Literature
Author / Titel / Source
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Aggarwal, Reena, Angel, James J.
Optimal Listing Policy: Why Microsoft and Intel Do Not List on the NYSE
NBER Conference, December 1998, Version April 1998
Amihud, Yakov; Mendelson, Haim; Uno, Jun;
Number of Shareholder and Stock Prices: Evidence from Japan
Journal of Finance, Vol. 54, Issue 3, 1999, S. 1169-1184

Aussenegg, W.; Pichler, P.; Stomper, A.
IPO Pricing with Bookbuilding and a Wehn-Issued Market
Journal of Financial and Quantitative Analysis, Vol. 41, No. 4, December 2006

Benveniste, Lawrence M.; Wilhelm, William J.
A comparative analysis of IPO proceeds under alternative regulatory environments
Journal of Financial Economics, Vol. 28, 1990, S. 173-207

Berglund, Tim
The Pricing of Initial Public Offerings: A Simple Model
Working Paper, Swedish School of Economics and Business Administration, Helsinki, Finland, Draft August 1994
Bias, B.; Bossaerts, P.; Rochet, J-C.
An Optimal IPO Mechanism
The Review of Economic Studies, Vol. 69, January 2002

Booth, James R.; Chua, Lena
Ownership dispersion, costly information, and IPO underpricing
Journal of Financial Economics, Vol. 41, 1996, S. 291-310

Busaba, Walid Y.; Benveniste, Lawrence M.; Guo, Re-Jin
The option to wothdraw IPOs during the premarket: empirical analysis
Journal of Financial Economics, Vol. 60, 2001, S. 73-102

Cao, Melanie; Shi, Shouyong
Publicity and the Clustering of IPO Underpricing
Working Paper, Queen's University, Kingston, Ontario, Kanada, Juli 1999
Chen, Hsuan-Chi; Ritter, Jay R.
The Seven Percent Solution
Journal of Finance, Vol. 55, Nr. 3, 2000

Chowdry, Bhagwan; Sherman, Ann
International differences in oversubscription and underpricing of IPOs
Journal of Corporate Finance, Vol. 2, 1996, S. 359-381

Corwin, Shane A.; Harris, Jeffrey H.
The Initial Listing Decisions of Firma that Go Public
Working Paper, University of Georgia, USA, Preliminary, July1998
Degeorge, F., Derrien, F., Womack, K.L.
Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding
The Review of Financial Studies, Vol. 20, No.4, 2007
Doukas, John; Switzer Lorne N.
Common stock returns and international listing announcements: Conditional tests of the mild segmentation hypothesis
Journal of Banking & Financ e, Vol. 24, 2000, S. 471-502

Ellul, Andrew; Pagano, Marco
IPO underpricing and after-market liquidity
Working Paper, Kelley School of Business, Indiana University and CSEF,
Universita di Salerno, and CEPR, Draft, April 2002
Errunza, Vihang R.; Miller, Darius P.
Market Segmentation and the Cost of Capital in International Equity Markets
Working Paper, Department of Finance, Texas A&A University, Version: Januar 2000
Fernando, Chitru S.; Krishnamurthy Srinivasan; Spindt, Paul A.
Offer Price, Target Ownership Structure and IPO-Performance
Working Paper; University of Pennsylvania, The Wharton School, August 1999
Foerster, Stephen R.; Karolyi, G.Andrew
The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stock Listing in the United States
Journal of Finance, Vol. 54, Iss. 3, Juni 1999, S. 981-1013

Habib, Michael A.; Ljungqvist, Alexander P.
Underpricing and IPO proceeds: a note
Economics Letters, Vol. 61, 1998, S. 381-383

Habib, M.A.; Ljungqvist, A.P.
Underpricing andd Entrepreneurial Wealth Losses in IPOs: Theory and Evidence
The Review of Financial Studies, Vol. 14, No. 2, January 2001

Hanley, Kathleen Weiss; Wilhelm, William J.
Evidence on the strategic allocation of initial public offerings
Journal of Financial Economics, Vol. 37, 1995, S. 239-257

Hensel, N.
An Empirical Analysis of the Efficiency of Online Auction IPO Processes and Traditional IPO Processes
International Journal of Managerial Finance, Vol. 5, No. 3, 2009

Henry, Peter Blair
Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices
Working Paper, Graduate School of Business, Stanford University, Juli 1999
Jagannathan, R., Sherman, A.
Why Do IPO Auctions Fail?
Northwestern Universtity and NBER, Working Paper, October 2006
Jovanovic, B., Szentes, B.
IPO Underpricing: Auctions vs. Book Building
NYU and University of Chicago, Working Paper, June 2007
Krigman, Laurie; Shaw, Wayne H.; Womack, Kent L.
The Persistence of IPO Mispricing and the Predictive Power of Flipping
Journal of Finance, Vol. 54, No. 3, 1999, S. 1015-1044

Lin, J.-C., Lee, Y.-T., Lu, Y-J.
Why Have Auctions Benn Losing Market Shares to Bookbuilding in IPO Markets?
Louisiana State University, Department of Finance, Working Paper, June 2003
Ljungqvist, Alexander P.; Wilhelm, William J.
IPO Allocations: Discriminatory or Discretionary?
Working Paper, NYU Stern School of Business and CEPR, March 2001
Loderer, Claudio F.; Sheehan, Dennis P.; Kadlec, Gergory B.
The pricing of equity offerings
Journal of Financial Economics; Vol. 29, 1991, S. 35-57

Löffler, Gunter; Panther, Patrick F.; Theissen, Erik
Who Knows What When? - The Information Content of Pre-IPO Market Prices
Working Paper, Lehrstuhl für Bankbetriebslehre, Johann Wolfgang Goethe-Universität, Frankfurt, Prelimanary Version, Februar 2001
Loughran, Tim; Ritter Jay R.
The New Issues Puzzle
Journal of Finance, Vol. 50, No. 1, 1995

Loughran, Tim; Ritter, Jay R.
Why Has IPO Underpricing Increased Over Time?
Working Paper, University of Notre Dame, September 2001

Loughran, Tim; Ritter, Jay R.; Rydqvist, Kristian
Initial Public Offerings: International Insights
Pacific-Basin Finance Journal, Vol. 2, Juni 1994, S. 165-199, updated version April 2001

Lowry, M., Schwert, W.G.
Biases in the IPO Pricing Process
The Bradley Policy Research Center, Working Paper, FR 00-21, June 2001 (Forthcoming in JOF)
Lowry, M., Schwert, W.G.
IPO Market Cycles: Bubbles or Sequential Learing?
The Bradley Policy Research Center, Financial Research and Policy, Working Paper, FR 01-02, February 2001
Lowry, M., Officer, M.S., Schwert, W.
The Variability of IPO Initial Returns
The Journal of Finance, Vol. 65, No. 2, April 2010

Ofek, Eli; Richardson, Matthew
The IPO Lock-Up Period: Implications for Market Efficiency And Downward Sloping Demand Curves
Working Paper, Stern School of Business, New York University, January 2000
Pagano, Marco; Panetta, Fabio; Zingales, Luigi
Why Do Companies Go Public? An Empirical Analysis
Working Paper; Universita di Salerno and CEPR et al, Version April 1997
Pons-Sans, V.
Who Benefits from IPO Underpricing? Evidence from Hybrid Bookbuilding Offerings
European Central Bank, Working Paper Series, No. 428, January 2005
Purnanandam, Amiyatosh K.; Swaminathan, Bhaskaran
Are IPOs Underpriced?
Working Paper, Johnson Graduate Scholl of Management, Cornell University, Ithaca, August 2001
Ritter, Jay R.
Initial Public Offerings
Modified Version in: Contemporary Finance Digest, Vol. 2, No. 1, 1998, S. 5-30

Shermann, Ann E.; Chowdry, B.
International Differences in Oversubscribtion and Underpricing of IPOs
Journal of Corporate Finance, Vol. 2, 1996

Sherman, Ann E.; Titman, Sheridan
Building the IPO-Order Book: Underpricing and Participation Limits with Costly Information
NBER Working Paper Series, National Bureau aof Economic Research, Cambridge, July 2000
Shermann, Ann E.
Global Trends in IPO Methods: Book Building versus Auctions with Endogenous Entry
Journal of Financial Economics, Vol. 78, 2005

Shiller, Robert J.
Initial Public Offerings: Investor Behavioru and Underpricing
NBER (National Bureau of Economic Research) Working Paper Series, No. 2806, Dezember 1988
Smith, Clifford W. Jr.
Investment Banking and the Capital Acquisition Process
Journal of Financial Economics; Vol. 15, 1986, S. 3-29

Spiess, Katherine D.; Pettway, Richard H.
The IPO and first seasoned equity sale: Issue proceeds, owner/managers' wealth, and the underpricing signal
Journal of Banking & Finance, Vol. 21, 1997, S. 967-988

Subrahmanyam, Avanidhar; Titman, Sheridan
The Going-Public Decision and the Development of Financial Markets
Journal of Finance, Vol. 54, Iss. 3, Juni 1999, S. 1045-1082

Teoh, Siew Hong; Welch, Ivo; Wong, T.J.
Earnings Management and the Long-Run Market Performance of Initial Public Offerings
Working Paper, University of Michigan, May 1998
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