Nothing Special   »   [go: up one dir, main page]

create a website
The Rise of Accelerated Seasoned Equity Underwritings. (2007). Smart, Scott B ; Megginson, William ; Bortolotti, Bernardo.
In: Privatisation Regulation Corporate Governance Working Papers.
RePEc:ags:feempr:12190.

Full description at Econpapers || Download paper

Cited: 3

Citations received by this document

Cites: 142

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Stock market liquidity and the rights offer paradox. (2009). Ginglinger, Edith ; Koenig-Matsoukis, Laure ; Riva, Fabrice.
    In: Economics Papers from University Paris Dauphine.
    RePEc:dau:papers:123456789/3035.

    Full description at Econpapers || Download paper

  2. Stock market liquidity and the rights offer paradox. (2009). Ginglinger, Edith ; Koenig-Matsoukis, Laure ; Riva, Fabrice.
    In: Economics Papers from University Paris Dauphine.
    RePEc:dau:papers:123456789/2939.

    Full description at Econpapers || Download paper

  3. Equity Issues and the Disappearing Rights Offer Phenomenon. (2008). Eckbo, B..
    In: Journal of Applied Corporate Finance.
    RePEc:bla:jacrfn:v:20:y:2008:i:4:p:72-85.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Altinkiliç, Oya and Robert S. Hansen, 2000, Are there economies of scale in underwriting fees? Evidence of rising external financing costs, Review of Financial Studies 13, 191-218.

  2. Altinkiliç, Oya and Robert S. Hansen, 2003, Discounting and underpricing in seasoned equity offerings, Journal of Financial Economics 69, 191-218.

  3. Anderson, Hamish D., Sapphire Cooper, and Andrew K. Prevost, 2006, Block trade price asymmetry and changes in depth: Evidence from the Australian Stock Exchange, Financial Review 41 (forthcoming).

  4. Asquith, Paul and David W. Mullins, Jr., 1986, Equity issues and offering dilution, Journal of Financial Economics 15, 61-89.

  5. Autore, Don, 2005, Seasoned offer discounting and Rule 10b-21: What can we learn from the shelf exemption, Working paper, Virginia Tech University.
    Paper not yet in RePEc: Add citation now
  6. Autore, Don, Raman Kumar, and Dilip Shome, 2005, The revival of shelf-registered corporate equity offerings, Working paper, Virginia Tech University.
    Paper not yet in RePEc: Add citation now
  7. Bøhren, Øyvind, B. Espen Eckbo, and Dag Michalsen, 1997, Why underwrite rights offerings? Some new evidence, Journal of Financial Economics 46, 223-261.

  8. Barber, Lionel, 1986, Guinness sells 108 M pounds BP stake, Financial Times (August 15), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  9. Barber, Tony and Alex Skorecki, 2003, Italy sells ENEL stake to reduce public debt, Financial Times (October 31), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  10. Bayless, Mark and Susan Chaplinsky, 1996, Is there a window of opportunity for seasoned equity issuance? Journal of Finance 51, 253-278.

  11. Beatty, Randolph P. and Ivo Welch, 1996, Issuer expenses and legal liability in initial public offerings, Journal of Law and Economics 39, 545-602.

  12. Benveniste, Lawrence M. and Paul A. Spindt, 1989, How investment bankers determine the offer price and allocation for new issues, Journal of Financial Economics 24, 343-361.

  13. Benveniste, Lawrence M., Alexander Ljungqist, William J. Wilhelm, Jr., and Xiaoyun Yu, 2003, Evidence of information spillovers in the production of investment banking services, Journal of Finance 58, 577-608.

  14. Bessembinder, Hendrik and Kumar Venkataraman, 2006, Does an electronic stock exchange need an upstairs market? Journal of Financial Economics (forthcoming).
    Paper not yet in RePEc: Add citation now
  15. Bhagat, Sanjai and Peter Frost, 1986, Issuing costs to existing shareholders in competitive and negotiated underwritten public utility offerings, Journal of Financial Economics 15, 223-259.

  16. Bhagat, Sanjai, 1986, The effect of management's choice between negotiated and competitive equity offerings on shareholder wealth, Journal of Financial and Quantitative Analysis 21, 181-196.

  17. Bickerton, Ian, 2002, ING sells remaining stake in Fortis for Euros 235m, Financial Times (June 6), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  18. Bigelli, Marco, 1998, The quasi-split effect, active insiders and the Italian market reaction to equity rights issues, European Financial Management 4, 185-206.

  19. Blackwell, David W., M. Wayne Marr, and Michael F. Spivey, 1990, Shelf registration and the reduced due diligence argument: Implications of the underwriter certification and the implicit insurance hypothesis, Journal of Financial and Quantitative Analysis 25, 245-259.

  20. Booth, James R. and Richard L. Smith, Jr., 1986, Capital raising, underwriting and the certification hypothesis, Journal of Financial Economics 15, 261-281.

  21. Bortolotti, Bernardo, Frank DeJong, Giovanna Nicodano, and Ibolya Schindele, 2005, Privatization and stock market liquidity, forthcoming in Journal of Banking and Finance.

  22. Brav, Alon, Christopher Geczy and Paul A. Gompers, 2000, Is the abnormal return following equity issuances anomalous? Journal of Financial Economics 56, 209-249.

  23. Brous, Peter A., Vinay Datar and Omesh Kini, 2001, Is the market optimistic about the future earnings of seasoned equity offering firms? Journal of Financial and Quantitative Analysis 36, 141-168.

  24. Brown-Humes, Christopher, 2001, Telia sells almost half its entire Eniro stake, Financial Times (July 6), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  25. Burch, Timothy R., Vikram Nanda, and Vincent Wather, 2005, Does it pay to be loyal? An empirical analysis of underwriting relationships and fees, Journal of Financial Economics 77, 673-699.

  26. Busaba, Walid Y., 2006, Bookbuilding, the option to withdraw, and the timing of IPOs, Journal of Corporate Finance 12, 159-186.

  27. Butler, Alexander W., Gustavo Grullon, and James P. Weston, 2005, Stock market liquidity and the cost of issuing equity, Journal of Financial and Quantitative Analysis 40, 331-348.

  28. Carlson, Muarry, Adlai Fisher, and Ron Giammarino, 2006, Corporate investment and asset price dynamics: Implications for SEO event studies and long-run performance, Journal of Finance 61, 1009-1034.

  29. Chaplinsky, Susan and Latha Ramchand, 2000, The impact of global equity offerings, Journal of Finance 55, 27672789.

  30. Chung, Joanna, 2006, Big trades in times past that failed to deliver for banks, Financial Times (April 6), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  31. Clarke, Jonathan, Craig Dunbar, and Kathleen M. Kahle, 2001, Long-run performance and insider trading in completed and canceled seasoned equity offerings, Journal of Financial and Quantitative Analysis 36, 415430.

  32. Cooney, John W., Hideaki Kiyoshi Kato, and James S. Schallheim, 2003, Underwriter certification and Japanese equity issues, Review of Financial Studies 16, 949-982.

  33. Cornelli, Francesca and David Goldreich, 2003, Bookbuilding: How informative is the order book? Journal of Finance 58, 1415-1443.

  34. Corwin, Shane A., 2003, The determinants of underpricing for seasoned equity offers, Journal of Finance 58, 22492279.

  35. Cowan, Lynn, 2005, IPO outlook: follow-on deals are on the wane amid IPO boom, Wall Street Journal (March 7), C5.
    Paper not yet in RePEc: Add citation now
  36. Critchley, Barry and Susan Gittins, 1990, Gordon Homer on career odyssey, Financial Post (October 24), downloaded from Lexis/Nexis. Daniel, Caroline, 201, Marconi, Alcatel sell off stakes in French engineer, Financial Times (June 20), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  37. Critchley, Barry, 1986, New prospectus system ranked major success, Financial Post (April 19), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  38. Cronqvist Hendrik and Mattias Nilsson, 2005, The choice between rights offerings and private equity placements, Journal of Financial Economics 78, 375-407.

  39. Dann, Larry Y., David Mayers, and Robert J. Raab, Jr., 1977, Trading rules, large blocks and the speed of price adjustment, Journal of Financial Economics 4, 3-22.

  40. Denis, David J., 1991, Shelf registration and the market for seasoned equity offerings, Journal of Business 64, 189212.

  41. Doidge, Craig, G. Andrew Karolyi, and René M. Stulz, 2004, Why are foreign firms listed in the U.S. worth more? Journal of Financial Economics 71, 205-238.

  42. Eckbo, B. Espen and Øyvind Norli, 2005, The equity flotation method pecking order, Working paper, Dartmouth College.
    Paper not yet in RePEc: Add citation now
  43. Eckbo, B. Espen, Ronald W. Masulis and Øyvind Norli, 2000, Seasoned public offerings: Resolution of the ‘new issues puzzle’, Journal of Financial Economics 56, 251-291.

  44. Eckbo, B. Espen, Ronald W. Masulis and Øyvind Norli, 2005, Security offerings: A survey, Working paper, Dartmouth College.
    Paper not yet in RePEc: Add citation now
  45. Errunza, Vihang R. and Darius P. Miller, 2003, Valuation effects of seasoned global equity offerings, Journal of Banking and Finance 27, 1611-1623.

  46. Faccio, Mara and Larry H.P. Lang, 2002, The ultimate ownership of Western European corporations, Journal of Financial Economics 65, 365-395.

  47. Fama, Eugene F. and Kenneth R. French, 2005, Financing decisions: Who issues stock? Journal of Financial Economics 76, 549-582.

  48. Fernando, Chitru S., Vlaimir A. Gatchev, and Paul A. Spindt, 2005, Wanna dance? How firms and underwriters choose each other, Journal of Finance 60, 2437-2469.

  49. Gajewski, Jean-Francois and Edith Ginglinger, 2002, Seasoned equity issues in a closely held market: AEvidence from France, European Finance Review 6, 291-319.

  50. Gande, Amar, Manju Puri and Anthony Saunders, 1999, Bank entry, competition and the market for corporate securities underwriting, Journal of Financial Economics 54, 165-195.

  51. Gerard, Bruno and Vikram Nanda, 1993, Trading and manipulation around seasoned equity offerings, Journal of Finance 48, 213-245.

  52. Gibson, Scott, Assem Safieddine, and Ramana Sonti, 2004, Smart investments by smart money: Evidence from seasoned equity offerings, Journal of Financial Economics 72, 581-604.

  53. Gomes, Armando and Gordon Phillips, 2005, Why do public firms issue private and public securities? Working paper Washington University.

  54. Hahn, Avital Louria, 2000, Some bought deals morph into a more streamlined, and possibly lethal, animal: A 12- to 24-hour notice shrinks to a half hour, boosting the risk, Investment Dealers’ Digest (December 4), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  55. Hahn, Avital Louria, 2002, Goldman Sachs burned on Vivendi trade, Investment Dealers’ Digest (March 25), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  56. Hall, William, 2002, Credit Suisse sells Swiss Re stake, Financial Times (October 16), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  57. Hansen, Robert S. and Claire Crutchley, 1990, Corporate earnings and financings: An empirical analysis,” Journal of Business 63, 347-371.

  58. Hansen, Robert S. and Naveen Khanna, 1994, Why negotiation with a single syndicate may be preferred to making syndicates compete: The problem of trapped bidders, Journal of Business 67, 423-457.

  59. Hansen, Robert S., 1988, The demise of the rights issue, Review of Financial Studies 1, 289-309.

  60. Hansen, Robert S., 2001, Do investment banks compete in IPOs? The advent of the ‘7% Plus Contract’, Journal of Financial Economics 59, 313-186.

  61. Heron, Randall A. and Erik Lie, 2004, A comparison of the motivations for and the information content of different types of equity offerings, Journal of Business 77, 605-632.

  62. Hertzel, Michael and Richard L. Smith, 1993, Market discounts and shareholder gains for placing equity privately, Journal of Finance 48, 459-485.

  63. Hertzel, Michael, Michael Lemmon, James S. Linck, and Lynn Rees, 2002, Long-run performance following private placements of equity, Journal of Finance 57, 2595-2617.

  64. Hess, Alan C. and Sanjai Bhagat, 1986, Size effects of seasoned stock issues: Empirical evidence, Journal of Business 59, 567-54.

  65. Holthausen, Robert W. and Richard W. Leftwich, 1987, The effect of large block transactions on securiy prices: A cross-sectional analysis, Journal of Financial Economics 19, 237-267.

  66. Holthausen, Robert W., Richard W. Leftwich, and David Mayers, 1987, Large-block transactions, the speed of response, and temporary and permanent stock-price effects, Journal of Financial Economics 26, 71-95.
    Paper not yet in RePEc: Add citation now
  67. Huyghebaert, Nancy and Cynthia Van Hulle, 2006, Structuring the IPO: Empirical evidence on the primary and secondary shares, Journal of Corporate Finance 12, 296-320.

  68. Jagannathan, Ravi and Ann E. Sherman, 2005, Why do IPO auctions fail? Working paper, University of Notre Dame.
    Paper not yet in RePEc: Add citation now
  69. Jegadeesh, Narasimhan, 2000, Long-term performance of seasoned equity offerings: Benchmark errors and biases in expectations, Financial Management 29, 5-30.

  70. Jenkins, Patrick, 2001, Wellcome Treust sells pound 1.8 bn holdings in GSK Pharmaceuticals, Financial Times (November 30), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  71. Jenkinson, Him, Alan D. Morrison, and William J. Wilhelm, Jr., 2006, Why are European IPOs so rarely priced outside the indicative price range? Journal of Financial Economics 80, 185-209.

  72. Jenkinson, Tim and Howard Jones, 2004, Bids and allocations in European IPO bookbuilding, Journal of Finance 59, 2309-2338.

  73. Jones, Steven L., William L. Megginson, Robert C. Nash, and Jeffry M. Netter, 1999, Share issue privatizations as financial means to political and economic ends, Journal of Financial Economics 53, 217-253.

  74. Kang, Jun-Koo and René M. Stulz, 1996, How different is Japanese corporate finance? An investigation of the information content of new security issues, Review of Financial Studies 9, 109-139.

  75. Keegan, Jeffrey, 2000,Vodafone’s $5 bil blok trade a sign of things to come, Investment Dealers’ Digest (March 27), downloaded from Lexis/Nexis Keim, Donald B. and Ananth Madhavan, 1996, The upstairs market for large-block transactions: Analysis and measurement of price effects, Review of Financial Studies 9, 1-36.

  76. Krigman, Laurie, Wayne H. Shaw and Kent L. Womack, 2001, Why do firms switch underwriters? Journal of Financial Economics 60, 1129-1166.

  77. Kutsuna, Kenji and Richard Smith, 2004, Why does book building drive out auction methods of IPO issuance? Evidence from Japan, Review of Financial Studies 17, 191-218.

  78. LaPorta, Rafael, Florencio Lopez-de-Silanes, and Andrei Shleifer, 2006, What works in securities laws? Journal of Finance 61, 1-32.

  79. Lee, Inmoo, 1997, Do firms knowingly sell overvalued equity? Journal of Finance 52, 1439-1466.

  80. Lee, Inmoo, Scott Lochhead, Jay Ritter, and Quanshui Zhao, 1996, The costs of raising capital, Journal of Financial Research 19, 59-74.

  81. Levitt, Joshua, 2003, Spain’s utilities raise euros 420m from Red sale, Financial Times (June 19), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  82. Ljungqvist, Alexander and William J. Wilhelm, Jr., 2002, IPO allocations: Discriminatory or discretionary? Journal of Financial Economics 65, 167-201.

  83. Ljungqvist, Alexander, Felicia Marston and William J. Wilhelm, Jr., 2006, Competing for securities underwriting mandates: Banking relationships and analyst recommendations, Journal of Finance 61, 301-340.

  84. Ljungqvist, Alexander, Tim Jenkinson and William J. Wilhelm, Jr., 2003, Global integration in primary equity markets: The role of U.S. banks and U.S. investors, Review of Financial Studies 16, 630-99.

  85. Loades-Carter, Jonathan, 2003, Dutch ministry sells 12% stake in KPN, Financial Times (September 20), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  86. Loderer, Claudio F., Dennis P. Sheehan and Gregory B. Kadlec, 1991, The pricing of equity offerings, Journal of Financial Economics 29, 35-57.

  87. Logue, Dennis E. and Seha M. Tiniç, 1999, Optimal choice of contracting methods: Negotiated versus competitive underwriting revisited, Journal of Financial Economics 51, 451-471.
    Paper not yet in RePEc: Add citation now
  88. Loughran, Tim and Jay R. Ritter, 1995, The new issues puzzle, Journal of Finance 50, 23-51.

  89. Loughran, Tim, Jay R. Ritter, and Kristian Rydqvist, 1994, Initial public offerings: International insights, Pacific Basin Finance Journal 2, 165-199.

  90. Lucas, Charles, 2004, Capital strategies for banks-Equity is the real thing, The Banker (February 1), p. 22, downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  91. Madhavan, Ananth and Minder Chang, 1997, In search of liquidity: Block trades in the upstairs and downstairs markets, Review of Financial Studies 10, 175-203.

  92. Major, Tony, 2000, Deutsche Bank cuts Allianz stake; German restructuring chairman says aim is to improve shareholder value, Financial Times (June 7), p. 38, downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  93. Mandelker, Gershon and Artur Raviv, 1977, Investment banking: An economic analysis of optimal underwriting contracts, Journal of Finance 32 (June 1977), pp. 683-694.

  94. Mannix, Rob, 2003, The perils of accelerated dealmaking, Euromoney (March), 1.
    Paper not yet in RePEc: Add citation now
  95. Masters, Kim, 1982, SEC’s Rule 415 seen as having symbolic value, Legal Times (May 10), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  96. Masulis, Ronald W. and Ashok N. Korwar, 1986, Seasoned equity offerings: An empirical investigation, Journal of Financial Economics 15, 91-118.

  97. Meidan, Danny, 2005, A re-examination of price pressure around seasoned equity offerings, Working paper, Northwestern University.
    Paper not yet in RePEc: Add citation now
  98. Mikkelson, Wayne H. and Hailu Regassa, 1991, Premiums paid in block transactions, Managerial and Decision Economics 12, 511-517.
    Paper not yet in RePEc: Add citation now
  99. Mikkelson, Wayne H. and M. Megan Partch, 1985, Stock price effects and costs of secondary distributions, Journal of Financial Economics 14, 165-194.

  100. Mikkelson, Wayne H. and M. Megan Partch, 1986, Valuation effects of security offerings and the issuance process, Journal of Financial Economics 15, 31-60.

  101. Mola, Simona and Tim Loughran, 2004, Discounting and clustering in seasoned equity offering prices, Journal of Financial and Quantitative Analysis 39, 1-23.

  102. Narayanan, Rajesh P., Kasturi P. Rangan, and Nanda K. Rangan, 2004, The role of syndicate structure in bank underwriting, Journal of Financial Economics 72, 555-580.

  103. Nenova, Tatiana, 2003, The value of corporate voting rights and control: A cross-country analysis, Journal of Financial Economics 68, 325-351.

  104. O’Connor, Colleen Marie, 2005, New SEC rules may boos block trades; but streamlining of deal process could prove two-edged sword on several fronts, Investment Dealers’ Digest (November 28), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  105. O’Connor, Colleen Marie, 2006, In about face, block trading soaring in 06; ECM pros cite new SEC guidelines and increased use by hedging and private equity firms, Investment Dealers’ Digest (March 20), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  106. Pagano, Marco, Ailsa A. Röell and Josef Zechner, 2002, The geography of equity listing: Why do companies list abroad? Journal of Finance 57, 2651-2694.

  107. Pappone, Massimo and Giacomo Ciampolini, 2005, European privatizations: From marketed offerings to accelerate transactions—and back! The ENEL case, Privatization Barometer Newsletter 2 (January), 22-28.
    Paper not yet in RePEc: Add citation now
  108. Pluenneke, John E. and John Templeman, 1986, Deutsche Bank makes a bid to become all Europe’s banker, Business Week (December 22), p. 34, downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  109. Pratt, Tom, 1992, Montgomery completes first smooth deal by Calloway Golf; Avoids fireworks of two Merrill-led deals, Investment Dealers’ Digest (November 2), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  110. Pratt, Tom, 1994, Morgan’s gutsy bid for USX stock nets a cool $185 mil; Rare equity offering done off universal shelf, Investment Dealers’ Digest (January 31), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  111. Santini, Laura, 2002, Buying’s back in style: A good bought deal is a thing of beauty, Investment Dealers’ Digest (December 2), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  112. Santini, Laura, 2004, Tidy sum on overnight block sale of Carlyle stake is latest in a new source of block deals, Investment Dealers’ Digest (February 23), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  113. Schipper, Katherine and Abbie Smith, 1986, A comparison of equity carve-outs and seasoned equity offerings: Share price effects and corporate restructuring, Journal of Financial Economics 15, 153-186.

  114. Seppi, Duane J., 1990, Equilibrium block trading and asymmetric information, Journal of Finance 45, 73-94.

  115. Sharpe, Antonia, 1995a, Non-core holders on the fast track-Equity ofering, Financial Times (November 30), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  116. Sharpe, Antonia, 1995b, Speed of BP sell-off sparks debate on marketing routes—International equity, Financial Times (March 4), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  117. Sharpe, Antonia, 1996, Bought deals saves French face—International equity, Financial Times (March 4), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  118. Shearlock, Peter, 1994, Investment banking: Taking on the bulge bracket—The European teams are challenging the U.S. champions on their own turf, The Banker (December 1), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  119. Sherman, Ann E. and Sheridan Titman, 2005, Building the IPO order book: Underpricing and participation limits with costly information, Journal of Financial Economics 65, 3-29.
    Paper not yet in RePEc: Add citation now
  120. Simon, Bernard, 1992, Canadian dealers propose reforms to ‘bought deals’, Financial Times (June 10), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  121. Skorecki, Alex, 2004, Banks count cost of block sales, Financial Times (January 13), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  122. Slovin, Myron B. and Marie E. Sushka, 1990, External monitoring and its effect on seasoned common stock issues, Journal of Accounting and Economics 12, 397-417.

  123. Slovin, Myron B., Marie E. Sushka, and K.W.L. Lai, 2000, Alternative flotation methods, adverse selection, and ownership structure: Evidence from seasoned equity issuance in the U.K., Journal of Financial Economics 57, 157-190.
    Paper not yet in RePEc: Add citation now
  124. Smart, Scott B. and Chad J. Zutter, 2002, The evolution of equity financing: A comparison of dual-class and singleclass SEOs, Working paper, Indiana University.
    Paper not yet in RePEc: Add citation now
  125. Smith, Brian F., D. Alastair Tunbull, and Robert W. White, 2006, Upstairs market for principal and agency trades: Analysis of adverse information and price effects, Journal of Finance (forthcoming).
    Paper not yet in RePEc: Add citation now
  126. Smith, Clifford W., Jr., 1977, Alternative methods of raising capital: Rights versus underwritten offerings, Journal of Financial Economics 5, 273-307.

  127. Smith, Randall, 2005, Stock market quarterly review, Wall Street Journal (October 3), C 12.
    Paper not yet in RePEc: Add citation now
  128. Spiess, D. Katherine and John Affleck-Graves, 1995, Underperformance in long-run stock returns following seasoned equity offerings, Journal of Financial Economics 38, 243-267.

  129. Stafford, Philip, 2005, Selling without making waves, Financial Times (November 23), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  130. Stevenson, Tom, 1991, Rights issues: Placing rights in perspective, Financial Times (April 12), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  131. Taylor, Paul, 1982, Shelf rule proves its worth, Financial Times (December 6), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  132. Tunick, Britt Erica, 2003, Bulge bracket’s costly league table war, Investment Dealers’ Digest (November 24), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  133. Tunick, Britt Erica, 2005, Forget raising capital: Block trades rule, Investment Dealers’ Digest (January 24), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  134. Vijh, Anand M., 1999, Long-term returns from equity carveouts, Journal of Financial Economics 51, 273-308.

  135. Wall Street Journal, 1986 (February 24), Staff reporter, downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  136. Warn, Ken, 1997, Salomon places $1bn shares with institutions, Financial Times (July 17), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  137. Wilhelm, William J., Jr. 2005, Bookbuilding, auctions, and the future of the IPO process, Journal of Applied Corporate Finance 17, 55-66.

  138. Wirth, Gregg, 1997, Macho men: Block trading hasnever been bigger, or scarier, as insiders acknowledge that some may well become “the last fool”, Investment Dealers’ Digest (December 2), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  139. Wright, William, 2001, Accelerated deals come to fore amid market volatility, Financial News (February 26), downloaded from Lexis/Nexis.
    Paper not yet in RePEc: Add citation now
  140. Wruck, Karen H. and YiLin Wu, 2004, The value of relationship investing: Evidence from private placements of equity by U.S. public firms, Working paper, Ohio State University.
    Paper not yet in RePEc: Add citation now
  141. Wu, Xueping and Zheng Wang, 2005, Seasoned equity issues and ownership concentration in a closely held market: An alignment effect test free from the unobserved firm heterogeneity problem, Working paper, City University of Hong Kong.
    Paper not yet in RePEc: Add citation now
  142. Wu, Yi Lin, 2004, The choice of equity-selling mechanisms, Journal of Financial Economics 74, 93-119.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis. (2019). GBOHOUI, William.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2019/029.

    Full description at Econpapers || Download paper

  2. Capital Misallocation and Secular Stagnation. (2017). Caggese, Andrea ; Perez-Orive, Ander.
    In: 2017 Meeting Papers.
    RePEc:red:sed017:382.

    Full description at Econpapers || Download paper

  3. Investor recognition and seasoned equity offers. (2014). Autore, Don M. ; Kovacs, Tunde.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:25:y:2014:i:c:p:216-233.

    Full description at Econpapers || Download paper

  4. The effects of external financing costs on investment timing and sizing decisions. (2012). Shibata, Takashi ; Futagami, Koichi ; Hori, Takeo ; Maebayashi, Noritaka ; Nishihara, Michi.
    In: Discussion Papers in Economics and Business.
    RePEc:osk:wpaper:1207.

    Full description at Econpapers || Download paper

  5. Underwriter syndication and corporate governance. (2012). Shin, Dongsoo ; Kim, Yongtae ; Jo, Hoje.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:38:y:2012:i:1:p:61-86.

    Full description at Econpapers || Download paper

  6. Investment timing with fixed and proportional costs of external financing. (2011). Shibata, Takashi ; Nishihara, Michi ; Sshibata, Takashi .
    In: Discussion Papers in Economics and Business.
    RePEc:osk:wpaper:1129.

    Full description at Econpapers || Download paper

  7. Advantageous innovation and imitation in the underwriting market for corporate securities. (2011). Schroth, Enrique ; Herrera, Helios.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:5:p:1097-1113.

    Full description at Econpapers || Download paper

  8. The role of co-managers in reducing flotation costs: Evidence from seasoned equity offerings. (2011). Ligon, James A. ; Jeon, Jin Q..
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:5:p:1041-1056.

    Full description at Econpapers || Download paper

  9. The choice between bookbuilding and fixed-price offering: Evidence from SEOs in Taiwan. (2011). Chen, Hsuan-Chi ; Chiang, Sue-Jane ; Shu, Pei-Gi.
    In: Journal of International Financial Markets, Institutions and Money.
    RePEc:eee:intfin:v:21:y:2011:i:1:p:28-48.

    Full description at Econpapers || Download paper

  10. Securities litigation, withdrawal risk and initial public offerings. (2011). Hao, Qing .
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:17:y:2011:i:3:p:438-456.

    Full description at Econpapers || Download paper

  11. Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure. (2010). Chen, Hui.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:16151.

    Full description at Econpapers || Download paper

  12. On the firm-level implications of the Bank Lending Channel of monetary policy. (2010). Olivero, Maria ; Aliaga-Diaz, Roger ; Aliagadiaz, Roger.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:34:y:2010:i:10:p:2038-2055.

    Full description at Econpapers || Download paper

  13. The choice of equity selling mechanisms: PIPEs versus SEOs. (2010). Dai, Na ; Chen, Hsuan-Chi ; Schatzberg, John D..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:16:y:2010:i:1:p:104-119.

    Full description at Econpapers || Download paper

  14. Capital Structure Decisions: Which Factors are Reliably Important?. (2009). Goyal, Vidhan ; Frank, Murray.
    In: MPRA Paper.
    RePEc:pra:mprapa:22525.

    Full description at Econpapers || Download paper

  15. Macroeconomic Effects of Financial Shocks. (2009). Quadrini, Vincenzo ; Jermann, Urban.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:15338.

    Full description at Econpapers || Download paper

  16. A Unified Theory of Tobins q, Corporate Investment, Financing, and Risk Management. (2009). Wang, Neng ; Chen, Hui ; Bolton, Patrick.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14845.

    Full description at Econpapers || Download paper

  17. Corporate Cash Savings: Precaution versus Liquidity. (2009). Boileau, Martin ; Moyen, Nathalie .
    In: Cahiers de recherche.
    RePEc:lvl:lacicr:0953.

    Full description at Econpapers || Download paper

  18. What do investment banks charge to underwrite American Depositary Receipts?. (2009). Chen, Hsuan-Chi ; Yang, Pei-Ching ; Fauver, Larry .
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:33:y:2009:i:4:p:609-618.

    Full description at Econpapers || Download paper

  19. Liquidity and capital structure. (2009). Lipson, Marc L. ; Mortal, Sandra .
    In: Journal of Financial Markets.
    RePEc:eee:finmar:v:12:y:2009:i:4:p:611-644.

    Full description at Econpapers || Download paper

  20. The composition of capital inflows when emerging market firms face financing constraints. (2009). Valderrama, Diego ; Smith, Katherine.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:89:y:2009:i:2:p:223-234.

    Full description at Econpapers || Download paper

  21. Historical market-to-book in a partial adjustment model of leverage. (2009). Liu, Laura Xiaolei.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:15:y:2009:i:5:p:602-612.

    Full description at Econpapers || Download paper

  22. Macroeconomic Effects of Financial Shocks. (2009). Jermann, Urban ; Quadrini, Vincenzo.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:7451.

    Full description at Econpapers || Download paper

  23. Limits to Arbitrage and Hedging: Evidence from Commodity Markets. (2009). Ramadorai, Tarun ; Acharya, Viral ; Lochstoer, Lars .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:7327.

    Full description at Econpapers || Download paper

  24. The impact of the Sarbanes-Oxley act on the cost of going public. (2008). Kaserer, Christoph ; Mettler, Alfred ; Obernberger, Stefan .
    In: CEFS Working Paper Series.
    RePEc:zbw:cefswp:200807.

    Full description at Econpapers || Download paper

  25. Costly External Finance and Investment Efficiency in a Market Equilibrium Model. (2008). Zabojnik, Jan.
    In: Working Papers.
    RePEc:qed:wpaper:1160.

    Full description at Econpapers || Download paper

  26. Who Saw Sovereign Debt Crises Coming?. (2008). Nieto-Parra, Sebastián.
    In: OECD Development Centre Working Papers.
    RePEc:oec:devaaa:274-en.

    Full description at Econpapers || Download paper

  27. Capital Structure Over The Business Cycle. (2008). Amdur, David.
    In: Working Papers.
    RePEc:geo:guwopa:gueconwpa~08-08-03.

    Full description at Econpapers || Download paper

  28. The networking function of investment banks: Evidence from private investments in public equity. (2008). Zhang, Donghang ; Huang, Rongbing ; Shangguan, Zhaoyun .
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:14:y:2008:i:5:p:738-752.

    Full description at Econpapers || Download paper

  29. Price-Level versus Inflation Targeting with Financial Market Imperfections. (2008). Zhang, Yahong ; Covas, Francisco.
    In: Staff Working Papers.
    RePEc:bca:bocawp:08-26.

    Full description at Econpapers || Download paper

  30. The Role of Debt and Equity Finance over the Business Cycle. (2007). Denhaan, Wouter ; Covas, Francisco ; den Haan, Wouter .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6145.

    Full description at Econpapers || Download paper

  31. Financial Innovations and Macroeconomic Volatility. (2006). Quadrini, Vincenzo ; Jermann, Urban.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12308.

    Full description at Econpapers || Download paper

  32. Financial innovations and macroeconomic volatility. (2006). Jermann, Urban ; Quadrini, Vincenzo.
    In: Proceedings.
    RePEc:fip:fedfpr:y:2006:i:nov:x:19.

    Full description at Econpapers || Download paper

  33. On the marketing of IPOs. (2006). Cook, Douglas O. ; Kieschnick, Robert ; Van Ness, Robert A..
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:82:y:2006:i:1:p:35-61.

    Full description at Econpapers || Download paper

  34. External finance constraints and the intertemporal pattern of intermittent investment. (2006). Whited, Toni.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:81:y:2006:i:3:p:467-502.

    Full description at Econpapers || Download paper

  35. Issue costs in the Eurobond market: The effects of market integration. (2006). Melnik, Arie ; Nissim, Doron .
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:30:y:2006:i:1:p:157-177.

    Full description at Econpapers || Download paper

  36. Coming to America: IPOs from emerging market issuers. (2006). Ramchand, Latha ; Chaplinsky, Susan ; Bruner, Robert .
    In: Emerging Markets Review.
    RePEc:eee:ememar:v:7:y:2006:i:3:p:191-212.

    Full description at Econpapers || Download paper

  37. Comparing financial systems: a structural analysis. (2006). champonnois, sylvain.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2006702.

    Full description at Econpapers || Download paper

  38. Financial Innovations and Macroeconomic Volatility. (2006). Jermann, Urban ; Quadrini, Vincenzo.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5727.

    Full description at Econpapers || Download paper

  39. The Role of Debt and Equity Finance over the Business Cycle. (2006). Denhaan, Wouter ; Covas, Francisco ; den Haan, Wouter J..
    In: Staff Working Papers.
    RePEc:bca:bocawp:06-45.

    Full description at Econpapers || Download paper

  40. Employee Sentiment and Stock Option Compensation. (2005). Jenter, Dirk ; Bergman, Nittai K..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:11409.

    Full description at Econpapers || Download paper

  41. Equity Underwriting Spreads at Commercial Bank Holding Companies and Investment Banks. (2005). Roten, Ivan ; Mullineaux, Donald.
    In: Journal of Financial Services Research.
    RePEc:kap:jfsres:v:27:y:2005:i:3:p:243-258.

    Full description at Econpapers || Download paper

  42. Underwriter competition and gross spreads in the eurobond market. (2005). Kollo, Michael G.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2005550.

    Full description at Econpapers || Download paper

  43. Zur Effizienz von Wertpapieremissionen über Internetplattformen. (2004). Trauten, Andreas .
    In: Working Papers.
    RePEc:zbw:cciehs:8.

    Full description at Econpapers || Download paper

  44. The Tying of Lending and Equity Underwriting. (2004). Puri, Manju ; Drucker, Steven .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10491.

    Full description at Econpapers || Download paper

  45. Liquidity and Issue Costs in the Eurobond Market: the Effects of Market Integration.. (2004). Melnik, Arie ; Nissim, Doron .
    In: ICER Working Papers.
    RePEc:icr:wpicer:03-2004.

    Full description at Econpapers || Download paper

  46. The role of syndicate structure in bank underwriting. (2004). Rangan, Kasturi P. ; Rangan, N. K. Nanda K., ; Narayanan, Rajesh P..
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:72:y:2004:i:3:p:555-580.

    Full description at Econpapers || Download paper

  47. Debt issue costs and issue characteristics in the Eurobond market.. (2003). Melnik, Arie ; Nissim, Doron .
    In: ICER Working Papers.
    RePEc:icr:wpicer:09-2003.

    Full description at Econpapers || Download paper

  48. Conflicts of Interest and Efficient Contracting in IPOs. (2003). Ljungqvist, Alexander.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:4163.

    Full description at Econpapers || Download paper

  49. The optimal spread and offering price for underwritten securities. (2001). Yeoman John C., .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:62:y:2001:i:1:p:169-198.

    Full description at Econpapers || Download paper

  50. Discretionary reductions in warrant exercise prices. (2001). Howe John S., ; Tie, Su.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:61:y:2001:i:2:p:227-252.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-01-14 15:40:35 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.