Signalling by underpricing in the IPO market

Why new issues are underpriced

1986 • 2,752 citations

Investment banking, reputation, and the underpricing of initial public offerings

1986 • 2,555 citations

Price and Advertising Signals of Product Quality

1986 • 2,289 citations

The "Hot Issue" Market of 1980

1984 • 1,658 citations

Price performance of common stock new issues

1975 • 1,377 citations

Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings

1989 • 1,239 citations

Information quality and the valuation of new issues

1986 • 1,229 citations

Investment banking and the capital acquisition process

1986 • 1,024 citations

A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues

1982 • 916 citations

The costs of going public

1987 • 723 citations

Capital raising, underwriting and the certification hypothesis

1986 • 700 citations

“HOT ISSUE” MARKETS

1975 • 607 citations

Anatomy of Initial Public Offerings of Common Stock

1988 • 604 citations

Alternative methods for raising capital

1977 • 586 citations

Signaling by Underpricing in the IPO Market

1989 • 509 citations

Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings

1989 • 466 citations

Signalling and the Pricing of New Issues

1989 • 238 citations

A simple test of Baron's model of IPO underpricing

1989 • 229 citations

A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues

1982 • 195 citations

"Hot Issue" Markets

1975 • 193 citations

A Theory of Negotiated Equity Financing

1988 • 67 citations

Optimism Invites Deception

1988 • 25 citations