Why Do IPO Underwriters Allocate Extra Shares when They Expect to Buy Them Back?
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Cited by:
- Santosh Anagol & Vimal Balasubramaniam & Tarun Ramadorai, 2018.
"Endowment Effects in the Field: Evidence from India’s IPO Lotteries,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(4), pages 1971-2004.
- Santosh Anagol & Vimal Balasubramaniam & Tarun Ramadorai, 2016. "Endowment Effects in the Field: Evidence from India's IPO Lotteries," Natural Field Experiments 00551, The Field Experiments Website.
- Balasubramaniam, Vimal & Anagol, Santosh, 2016. "Endowment Effects in the Field: Evidence from India's IPO Lotteries," CEPR Discussion Papers 11328, C.E.P.R. Discussion Papers.
- Radu BORES & Ana-Maria HLACIUC, 2016. "The Economics And Implications Of An Intial Public Offering," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 5(2), pages 1-29, July.
- Jay R. Ritter & Ivo Welch, 2002.
"A Review of IPO Activity, Pricing, and Allocations,"
Journal of Finance, American Finance Association, vol. 57(4), pages 1795-1828, August.
- Jay Ritter & Ivo Welch, 2002. "A Review of IPO Activity, Pricing and Allocations," Yale School of Management Working Papers ysm258, Yale School of Management, revised 01 Apr 2002.
- Jay Ritter & Ivo Welch, 2002. "A Review of IPO Activity, Pricing, and Allocations," NBER Working Papers 8805, National Bureau of Economic Research, Inc.
- Jay Ritter & Ivo Welch, 2002. "A Review of IPO Activity, Pricing and Allocations," Yale School of Management Working Papers ysm258, Yale School of Management, revised 01 Apr 2002.
- Degeorge, François & Derrien, François & Womack, Kent L., 2010.
"Auctioned IPOs: The US evidence,"
Journal of Financial Economics, Elsevier, vol. 98(2), pages 177-194, November.
- François DEGEORGE & François DERRIEN & Kent L. WOMACK, 2008. "Auctioned IPOs: The U.S. Evidence," Swiss Finance Institute Research Paper Series 08-38, Swiss Finance Institute.
- Degeorge, F. & Derrien, F. & Womack, K.L., 2009. "Auctioned IPOs : The U.S. Evidence," Other publications TiSEM 6cd8cf41-8648-462e-bc6d-9, Tilburg University, School of Economics and Management.
- François Derrien & François Degeorge & Kent L. Womack, 2010. "Auctioned IPOs: The U.S. Evidence," Post-Print hal-00537076, HAL.
- François Derrien & François Degeorge, 2010. "Auctioned IPOs: the U.S. Evidence," Post-Print hal-00553974, HAL.
- Degeorge, F. & Derrien, F. & Womack, K.L., 2009. "Auctioned IPOs : The U.S. Evidence," Discussion Paper 2009-37 S, Tilburg University, Center for Economic Research.
- François Derrien & François Degeorge, 2009. "Auctioned IPOs: the U.S. Evidence," Post-Print hal-00495575, HAL.
- Laura Xiaolei Liu & Ann E. Sherman & Yong Zhang, 2014. "The Long-Run Role of the Media: Evidence from Initial Public Offerings," Management Science, INFORMS, vol. 60(8), pages 1945-1964, August.
- Hao, Qing, 2007. "Laddering in initial public offerings," Journal of Financial Economics, Elsevier, vol. 85(1), pages 102-122, July.
- Baker, Malcolm & Coval, Joshua & Stein, Jeremy C., 2007.
"Corporate financing decisions when investors take the path of least resistance,"
Journal of Financial Economics, Elsevier, vol. 84(2), pages 266-298, May.
- Malcolm Baker & Joshua Coval & Jeremy C. Stein, 2004. "Corporate Financing Decisions When Investors Take the Path of Least Resistance," NBER Working Papers 10998, National Bureau of Economic Research, Inc.
- Griffin, John M. & Harris, Jeffrey H. & Topaloglu, Selim, 2007. "Why are IPO investors net buyers through lead underwriters?," Journal of Financial Economics, Elsevier, vol. 85(2), pages 518-551, August.
- Baker, Malcolm & Wurgler, Jeffrey, 2013.
"Behavioral Corporate Finance: An Updated Survey,"
Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 357-424,
Elsevier.
- Malcolm Baker & Jeffrey Wurgler, 2011. "Behavioral Corporate Finance: An Updated Survey," NBER Working Papers 17333, National Bureau of Economic Research, Inc.
- Khelifa Mazouz & Sam Agyei-Ampomah & Brahim Saadouni & Shuxing Yin, 2013. "Stabilization and the aftermarket prices of initial public offerings," Review of Quantitative Finance and Accounting, Springer, vol. 41(3), pages 417-439, October.
- Ritter, Jay R. & Zhang, Donghang, 2007. "Affiliated mutual funds and the allocation of initial public offerings," Journal of Financial Economics, Elsevier, vol. 86(2), pages 337-368, November.
- Arnab Bhattacharya & Binay Bhushan Chakrabarti & Chinmoy Ghosh & Milena Petrova, 2020. "Innovations in financing: The impact of anchor investors in Indian IPOs," European Financial Management, European Financial Management Association, vol. 26(4), pages 1059-1106, September.
- Antonio Gledson de Carvalho & Joao Amaro de Matos & Douglas Beserra Pinheiro & Marcio de Sa Mello, 2015. "Conflicts of interest in the underwriting of IPOs and price stabilization," Nova SBE Working Paper Series wp596, Universidade Nova de Lisboa, Nova School of Business and Economics.
- Eom, Chanyoung, 2018. "Institutional bidding behaviors during IPO bookbuilding: Evidence from Korea," Journal of Corporate Finance, Elsevier, vol. 48(C), pages 413-427.
- Bessembinder, Hendrik & Jacobsen, Stacey & Maxwell, William & Venkataraman, Kumar, 2022. "Overallocation and secondary market outcomes in corporate bond offerings," Journal of Financial Economics, Elsevier, vol. 146(2), pages 444-474.
- Trauten, Andreas, 2004. "Zur Effizienz von Wertpapieremissionen über Internetplattformen," Working Papers 8, University of Münster, Competence Center Internet Economy and Hybrid Systems, European Research Center for Information Systems (ERCIS).
- Gao, Xiaohui & Ritter, Jay R., 2010. "The marketing of seasoned equity offerings," Journal of Financial Economics, Elsevier, vol. 97(1), pages 33-52, July.
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