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Do the individuals closest to internet firms believe they are overvalued

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  • Schultz, Paul
  • Zaman, Mir

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  • Schultz, Paul & Zaman, Mir, 2001. "Do the individuals closest to internet firms believe they are overvalued," Journal of Financial Economics, Elsevier, vol. 59(3), pages 347-381, March.
  • Handle: RePEc:eee:jfinec:v:59:y:2001:i:3:p:347-381
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    18. Su, Han Chan & Kensinger, John W. & Keown, Arthur J. & Martin, John D., 1997. "Do strategic alliances create value?," Journal of Financial Economics, Elsevier, vol. 46(2), pages 199-221, November.
    19. Lerner, Joshua, 1994. "Venture capitalists and the decision to go public," Journal of Financial Economics, Elsevier, vol. 35(3), pages 293-316, June.
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    21. Dan Lovallo & Colin Camerer, 1999. "Overconfidence and Excess Entry: An Experimental Approach," American Economic Review, American Economic Association, vol. 89(1), pages 306-318, March.
    22. Trueman, B & Wong, MHF & Zhang, XJ, 2000. "The eyeballs have it: Searching for the value in internet stocks," Journal of Accounting Research, Wiley Blackwell, vol. 38, pages 137-162.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Alan Hughes & Jaeho Lee, 2006. "What's in a name and when does it matter? The hot and cold market impacts on underpricing of certification, reputation and conflicts of interest in venture capital backed Korean IPOs," Working Papers wp336, Centre for Business Research, University of Cambridge.
    2. Mudambi, Ram & Treichel, Monica Zimmerman, 2005. "Cash crisis in newly public Internet-based firms: an empirical analysis," Journal of Business Venturing, Elsevier, vol. 20(4), pages 543-571, July.
    3. Patrick Boisselier & Dominique Dufour, 2007. "Bulle financière et introduction des sociétés Internet au Nouveau marché," Revue Finance Contrôle Stratégie, revues.org, vol. 10(1), pages 67-93, March.
    4. 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.
    5. Grout, Paul A. & Zalewska, Anna, 2006. "The impact of regulation on market risk," Journal of Financial Economics, Elsevier, vol. 80(1), pages 149-184, April.
    6. Schrand, Catherine M. & Zechman, Sarah L.C., 2012. "Executive overconfidence and the slippery slope to financial misreporting," Journal of Accounting and Economics, Elsevier, vol. 53(1), pages 311-329.
    7. Stephanie, Serve, 2004. "L’impact de l’admission à la cote sur les performances économiques des entreprises : Le cas du Nouveau Marché français [The operating performance of French IPO firms]," MPRA Paper 4304, University Library of Munich, Germany.
    8. Goldfarb, Brent & Kirsch, David & Miller, David A., 2007. "Was there too little entry during the Dot Com Era?," Journal of Financial Economics, Elsevier, vol. 86(1), pages 100-144, October.
    9. Jean Helwege & J. Nellie Liang, 2003. "Initial public offerings in hot and cold markets," Finance and Economics Discussion Series 2003-04, Board of Governors of the Federal Reserve System (U.S.).
    10. Tobias Schmidt & Michael J. Dowling & Christian Lechner, 2006. "The Impact of Initial Public Offerings on the External Growth Strategies of Entrepreneurial Firms," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 11(2), pages 95-110, Summer.
    11. Boucher, Carène & Kooli, Maher, 2022. "Anatomy of money-losing IPOs," Research in International Business and Finance, Elsevier, vol. 60(C).
    12. Jain, Bharat A. & Jayaraman, Narayanan & Kini, Omesh, 2008. "The path-to-profitability of Internet IPO firms," Journal of Business Venturing, Elsevier, vol. 23(2), pages 165-194, March.
    13. Antonio Gledson de Carvalho & Roberto Pinheiro & Joelson Oliveira Sampaio, 2016. "The Dotcom Bubble and Underpricing: Conjectures and Evidence," Working Papers (Old Series) 1633, Federal Reserve Bank of Cleveland.
    14. Armstrong, Chris & Davila, Toni & Foster, George & Hand, John R.M., 2005. "U.S. public and private venture capital markets, 1998-2001: A fundamental information analysis," IESE Research Papers D/599, IESE Business School.
    15. Yang Xu & Vincent Jia & Xinze Qian & Haizhi Wang & Xiaotian Zhang, 2024. "Delaware Reincorporation and the Double-Exit Puzzle: Evidence from Post-Initial Public Offering Acquisitions," IJFS, MDPI, vol. 12(2), pages 1-15, April.
    16. van Bommel, Jos & Vermaelen, Theo, 2003. "Post-IPO capital expenditures and market feedback," Journal of Banking & Finance, Elsevier, vol. 27(2), pages 275-305, February.
    17. Fong, Wai Mun & Lean, Hooi Hooi & Wong, Wing Keung, 2008. "Stochastic dominance and behavior towards risk: The market for Internet stocks," Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 194-208, October.
    18. Patrick Boisselier & Dominique Dufour, 2002. "L'Introduction Des Societes Internet En Bourse : Opportunisme Ou Necessite Pour Les Actionnaires Et Capital-Risqueurs ?," Post-Print halshs-00584445, HAL.
    19. Baker, Malcolm & Stein, Jeremy C., 2004. "Market liquidity as a sentiment indicator," Journal of Financial Markets, Elsevier, vol. 7(3), pages 271-299, June.
    20. Schotman, Peter C. & Zalewska, Anna, 2006. "Non-synchronous trading and testing for market integration in Central European emerging markets," Journal of Empirical Finance, Elsevier, vol. 13(4-5), pages 462-494, October.
    21. Fich, Eliezer M. & Shivdasani, Anil, 2007. "Financial fraud, director reputation, and shareholder wealth," Journal of Financial Economics, Elsevier, vol. 86(2), pages 306-336, November.
    22. Bouis, Romain, 2003. "IPOs cycle and investment in high-tech industries," CFS Working Paper Series 2003/47, Center for Financial Studies (CFS).
    23. Demers, Elizabeth & Lewellen, Katharina, 2003. "The marketing role of IPOs: evidence from internet stocks," Journal of Financial Economics, Elsevier, vol. 68(3), pages 413-437, June.
    24. Eugene F. Fama & Kenneth R. French, "undated". "Newly Listed Firms: Fundamentals, Survival Rates, and Returns," CRSP working papers 530, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    25. Scholtens, Bert & Snijder, Elke, 2001. "Are internet firms different? : evidence from insider trading," Research Report 01E49, University of Groningen, Research Institute SOM (Systems, Organisations and Management).

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