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An empirical investigation of IPO returns and subsequent equity offerings

Data up to Jan 2025

Published1993
Citations456
References30

Total Citations Per Year

Abstract

References (30)

The Long‐Run Performance of initial Public Offerings

1991 • 3,447 citations

Why new issues are underpriced

1986 • 2,752 citations

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

1986 • 2,555 citations

Initial Public Offerings and Underwriter Reputation

1990 • 2,505 citations

How investment bankers determine the offer price and allocation of new issues

1989 • 1,840 citations

Stock prices and top management changes

1988 • 1,665 citations

Signalling by underpricing in the IPO market

1989 • 1,463 citations

Price performance of common stock new issues

1975 • 1,377 citations

INITIAL PUBLIC OFFERINGS

1988 • 1,285 citations

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

1989 • 1,239 citations

Sequential Sales, Learning, and Cascades

1992 • 1,221 citations

Signalling and the Pricing of New Issues

1989 • 1,046 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 Long-Run Performance of Initial Public Offerings

1991 • 889 citations

The Pricing of Initial Public Offerings: Tests of Adverse-Selection and Signaling Theories

1994 • 735 citations

The costs of going public

1987 • 723 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

The Pricing of Initial Public Offerings: A Dynamic Model with Information Production

1993 • 454 citations

Why New Issues are Underpriced

1986 • 451 citations

Initial Public Offerings and Underwriter Reputation

1990 • 408 citations

Sequential Sales, Learning, and Cascades

1992 • 256 citations

Signalling and the Pricing of New Issues

1989 • 238 citations

Relationship‐Specific Assets and the Pricing of Underwriter Services

1992 • 208 citations

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

1982 • 195 citations

IPO Underpricing, Insider Selling and Subsequent Equity Offerings: Is Underpricing a Signal of Quality?

1993 • 135 citations

The Pricing of Initial Public Offerings: A Dynamic Model with Information Production

1993 • 80 citations

Relationship-Specific Assets and the Pricing of Underwriter Services

1992 • 53 citations

Pricing of initial public offerings

1992 • 16 citations

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An empirical investigation of IPO returns and subsequent equity offerings (1993) – Journal of Financial Economics | Metascience Observatory Explorer