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

create a website
Competition and optimistic advice of financial analysts: Evidence from IPOs. (2011). Sette, Enrico.
In: Journal of Financial Intermediation.
RePEc:eee:jfinin:v:20:y:2011:i:3:p:441-457.

Full description at Econpapers || Download paper

Cited: 5

Citations received by this document

Cites: 27

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. Gender, learning, and earnings estimate accuracy. (2023). Stark, Jeffrey R ; Shirley, Sara E ; Bhagwat, Vineet.
    In: Journal of Financial Markets.
    RePEc:eee:finmar:v:62:y:2023:i:c:s1386418122000489.

    Full description at Econpapers || Download paper

  2. Sustainability of Analyst Recommendations in Multiple Lead Underwriter IPOs. (2020). Lee, Cheolwoo ; Ryoo, Juyoun ; Jeon, Jin Q.
    In: Sustainability.
    RePEc:gam:jsusta:v:12:y:2020:i:5:p:1899-:d:327492.

    Full description at Econpapers || Download paper

  3. The contingent effect of analyst coverage: how does analyst coverage affect innovation and Tobin’s Q?. (2017). Jung, Sung Hwan.
    In: Asia-Pacific Journal of Accounting & Economics.
    RePEc:taf:raaexx:v:24:y:2017:i:1-2:p:43-67.

    Full description at Econpapers || Download paper

  4. Analyst coverage and stock return synchronicity: evidence from regulation changes in China’s IPO market. (2016). Bai, Xuelian ; Zhang, Junrui ; Wang, Fangjun.
    In: Applied Economics.
    RePEc:taf:applec:v:48:y:2016:i:47:p:4538-4557.

    Full description at Econpapers || Download paper

  5. Impacts of Conflicts of Interest in the Financial Services Industry. (2015). Yoong, Joanne K ; Garber, Steven ; Clift, Jack ; Hung, Angela ; Burke, Jeremy.
    In: Working Papers.
    RePEc:ran:wpaper:wr-1076.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Aggrawal, R. ; Krigman, L. ; Womack, K. Strategic IPO underpricing, information momentum, and lockup expiration selling. 2002 J. Finan. Econ.. 66 105-137

  2. Agrawal, A. ; Chen, M. Do analyst conflicts matter? Evidence from stock recommendations. 2008 J. Law Econ.. 51 503-537

  3. Barber, B. ; Lehavy, R. ; Trueman, B. Comparing the stock recommendation performance of investment banks and independent research firms. 2007 J. Finan. Econ.. 85 490-517

  4. Benabou, R. ; Laroque, G. Using privileged information to manipulate markets: insiders, gurus, and credibility. 1992 Quart. J. Econ.. 107 921-948

  5. Bradley, D. ; Jordan, B. ; Ritter, J. Analyst behavior following IPOs: the “bubble period” evidence. 2008 Rev. Finan. Stud.. 21 101-104

  6. Bradley, D. ; Jordan, B. ; Ritter, J. The quiet period goes out with a bang. 2003 J. Finance. 58 1-36

  7. Cliff, M. ; Denis, D. Do initial public offering firms purchase analyst coverage with underpricing?. 2004 J. Finance. 59 2871-2901

  8. Drucker, S. ; Puri, M. On the benefits of concurrent lending and underwriting. 2005 J. Finance. 70 2763-2799

  9. Dugar, A. ; Nathan, S. The effects of investment banking relationships on financial analysts’ earnings forecasts and investment recommendations. 1995 Contemp. Acc. Res.. 12 131-160
    Paper not yet in RePEc: Add citation now
  10. Fang, L. ; Yasuda, A. The effectiveness of reputation as a disciplinary mechanism in sell-side research. 2009 Rev. Finan. Stud.. 22 3735-3777

  11. Fang, L., Yasuda, A., 2007. Are Stars’ Opinions Worth More? The Relation between Analyst Reputation and Recommendation Values. Working Paper, University of Pennsylvania.
    Paper not yet in RePEc: Add citation now
  12. Hong, H. ; Kubik, J. Analyzing the analysts: career concerns and biased earnings forecasts. 2003 J. Finance. 58 313-351

  13. Hong, H., Kacperczyk, M., 2010. Competition and Bias. Working Paper, Princeton University.

  14. Jackson, A. Trade generation, reputation, and sell-side analysts. 2005 J. Finance. 60 673-717

  15. James, C. ; Karceski, J. Strength of analyst coverage following IPOs. 2006 J. Finan. Econ.. 82 1-34

  16. Krigman, L. ; Shaw, W. ; Womack, K. Why do firms switch underwriters?. 2001 J. Finan. Econ.. 60 245-284

  17. Lin, H.-W. ; McNichols, M. Underwriting relationships, analysts’ earnings forecasts and investment recommendations. 1998 J. Acc. Econ.. 25 101-127

  18. Ljungqvist, A. ; Malloy, C. ; Marston, F. Rewriting history. 2009 J. Finance. 64 1935-1960

  19. Ljungqvist, A. ; Marston, F. ; Wilhelm, W.J. Competing for securities underwriting mandates: banking relationships and analyst recommendations. 2006 J. Finance. 61 301-340

  20. Ljungqvist, A. ; Marston, F. ; Wilhelm, W.J. Scaling the hierarchy: how and why investment banks compete for syndicate co-management appointments. 2009 Rev. Finan. Stud.. 22 3977-4007

  21. Malmendier, U. ; Shantikumar, D. Are investors naive about incentives?. 2007 J. Finan. Econ.. 85 457-489

  22. Megginson, W. ; Weiss, K. Venture capitalist certification in initial public offerings. 1991 J. Finance. 46 879-903

  23. Mehran, H. ; Stulz, R. The economics of conflicts of interest in financial institutions. 2007 J. Finan. Econ.. 85 267-296

  24. Michaely, R. ; Womack, K. Brokerage recommendations: stylized characteristics, market responses, and biases. 2004 En : Thaler, R. Advances in Behavioral Finance II. Princeton University Press: Princeton
    Paper not yet in RePEc: Add citation now
  25. Michaely, R. ; Womack, K. Conflict of interest and the credibility of bookrunner analyst recommendations. 1999 Rev. Finan. Stud.. 12 653-686
    Paper not yet in RePEc: Add citation now
  26. Morgan, J. ; Stocken, P. An analysis of stock recommendations. 2003 RAND J. Econ.. 34 183-203

  27. Rajan, R. ; Servaes, H. Analysts following of initial public offerings. 1997 J. Finance. 52 507-529
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Attention-grabbing IPOs in early stages for IT firms: An empirical analysis of post-IPO performance. (2020). Kwon, Youngok ; Chang, Young Bong.
    In: Journal of Business Research.
    RePEc:eee:jbrese:v:109:y:2020:i:c:p:111-119.

    Full description at Econpapers || Download paper

  2. Ipo, Underpricing e Corporate governance: una meta analisi. (2016). la Rocca, Elvira Tiziana.
    In: ESPERIENZE D'IMPRESA.
    RePEc:fan:eieiei:v:html10.3280/ei2016-001003.

    Full description at Econpapers || Download paper

  3. Why do companies transfer the trading compartment of their common stocks. (2016). Cisse, Abdoul Karim ; Fontaine, Patrice.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:36:y:2016:i:c:p:624-640.

    Full description at Econpapers || Download paper

  4. Redacting proprietary information at the initial public offering. (2016). Boone, Audra L ; Johnson, Shane A ; Floros, Ioannis V.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:120:y:2016:i:1:p:102-123.

    Full description at Econpapers || Download paper

  5. Underpricing, underperformance and overreaction in initial pubic offerings: Evidence from investor attention using online searches. (2015). Krištoufek, Ladislav ; Vakrman, Tomas .
    In: FinMaP-Working Papers.
    RePEc:zbw:fmpwps:35.

    Full description at Econpapers || Download paper

  6. Underwriter reputation and pricing of risk: evidence from seasoned equity offerings. (2015). Wang, Joyce ; Chen, Chongyang ; Cao, Cathy .
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:44:y:2015:i:4:p:609-643.

    Full description at Econpapers || Download paper

  7. Investor sentiment and the underperformance of technology firms initial public offerings. (2015). Saade, Samer .
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:34:y:2015:i:c:p:205-232.

    Full description at Econpapers || Download paper

  8. Prestige without purpose? Reputation, differentiation, and pricing in U.S. equity underwriting. (2015). Fernando, Chitru S. ; Megginson, William L. ; May, Anthony D. ; Gatchev, Vladimir A..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:32:y:2015:i:c:p:41-63.

    Full description at Econpapers || Download paper

  9. Liquidity Benefits From Underpricing: Evidence from Initial Public Offerings Listed at Karachi Stock Exchange. (2014). Javid, Attiya ; Malik Muhammad Shehr Yar, .
    In: PIDE-Working Papers.
    RePEc:pid:wpaper:2014:101.

    Full description at Econpapers || Download paper

  10. Putting integrity Into Finance: A Purely Positive Approach. (2014). Jensen, Michael ; Erhard, Werner .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:19986.

    Full description at Econpapers || Download paper

  11. Role of asymmetric information and moral hazard on IPO underpricing and lockup. (2014). Hoque, Hafiz.
    In: Journal of International Financial Markets, Institutions and Money.
    RePEc:eee:intfin:v:30:y:2014:i:c:p:81-105.

    Full description at Econpapers || Download paper

  12. Robust determinants of IPO underpricing and their implications for IPO research. (2014). Butler, Alexander W. ; Kieschnick, Robert ; Keefe, Michael O'Connor, .
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:27:y:2014:i:c:p:367-383.

    Full description at Econpapers || Download paper

  13. Stock Market Reactions to Customer and Competitor Orientations: The Case of Initial Public Offerings. (2013). Saboo, Alok R. ; Grewal, Rajdeep.
    In: Marketing Science.
    RePEc:inm:ormksc:v:32:y:2013:i:1:p:70-88.

    Full description at Econpapers || Download paper

  14. Orphan versus non-orphan IPOs: the difference analyst coverage makes. (2013). Boissin, Romain .
    In: Chapters.
    RePEc:elg:eechap:15210_13.

    Full description at Econpapers || Download paper

  15. Liquidity and initial public offering underpricing. (2013). Rhodes, Heather ; Hahn, TeWhan ; Ligon, James A..
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:12:p:4973-4988.

    Full description at Econpapers || Download paper

  16. An international look at the lawsuit avoidance hypothesis of IPO underpricing. (2013). Lin, Huiling ; Walker, Thomas John ; Pukthuanthong, Kuntara.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:19:y:2013:i:c:p:56-77.

    Full description at Econpapers || Download paper

  17. Liquidity Benefits from IPO Underpricing : Ownership Dispersion or Information Effect. (2012). Gresse, Carole ; Bouzouita, Nesrine ; Gajewski, Jean-Franois.
    In: Economics Papers from University Paris Dauphine.
    RePEc:dau:papers:123456789/8776.

    Full description at Econpapers || Download paper

  18. Underpricing, wealth loss for pre-existing shareholders and the cost of going public: the role of private equity backing in Italian IPOs.. (2011). Meles, Antonio ; Ferretti, Riccardo.
    In: Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance).
    RePEc:mod:wcefin:11041.

    Full description at Econpapers || Download paper

  19. Competition and optimistic advice of financial analysts: Evidence from IPOs. (2011). Sette, Enrico.
    In: Journal of Financial Intermediation.
    RePEc:eee:jfinin:v:20:y:2011:i:3:p:441-457.

    Full description at Econpapers || Download paper

  20. Local underwriter oligopolies and IPO underpricing. (2011). Ritter, Jay ; Liu, Xiaoding .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:102:y:2011:i:3:p:579-601.

    Full description at Econpapers || Download paper

  21. Measuring the impact of information aggregation mechanisms: An experimental investigation. (2011). Bennouri, Moez ; Gimpel, Henner ; Robert, Jacques .
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:78:y:2011:i:3:p:302-318.

    Full description at Econpapers || Download paper

  22. 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

  23. An examination of IPO secondary market returns. (2009). Bradley, Daniel J. ; Highfield, Michael J. ; Roskelley, Kenneth D. ; Gonas, John S..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:15:y:2009:i:3:p:316-330.

    Full description at Econpapers || Download paper

  24. Do banks price their informational monopoly?. (2008). santos, joao ; Hale, Galina.
    In: Working Paper Series.
    RePEc:fip:fedfwp:2008-14.

    Full description at Econpapers || Download paper

  25. Lockup expiration, insider selling and bid-ask spreads. (2008). Krishnamurti, Chandrasekhar ; Thong, Tiong Yang .
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:17:y:2008:i:2:p:230-244.

    Full description at Econpapers || Download paper

  26. Are there long-run implications of analyst coverage for IPOs?. (2008). Singh, Ajai ; Chan, Konan ; Kim, Joonghyuk ; Bradley, Daniel.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:32:y:2008:i:6:p:1120-1132.

    Full description at Econpapers || Download paper

  27. IPO Underpricing, Post-Listing Liquidity, and Information Asymmetry in the Secondary Market. (2008). Gresse, Carole ; Gajewski, Jean-Franois.
    In: Economics Papers from University Paris Dauphine.
    RePEc:dau:papers:123456789/3199.

    Full description at Econpapers || Download paper

  28. Information production and bidding in IPOs: An experimental analysis of auctions and fixed-price offerings. (2007). Trauten, Andreas ; Langer, Thomas .
    In: Working Papers.
    RePEc:zbw:cciehs:50.

    Full description at Econpapers || Download paper

  29. Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding. (2007). Degeorge, Francois ; Womack, Kent L..
    In: Review of Financial Studies.
    RePEc:oup:rfinst:v:20:y:2007:i:4:p:1021-1058.

    Full description at Econpapers || Download paper

  30. Laddering in initial public offerings. (2007). Hao, Qing .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:85:y:2007:i:1:p:102-122.

    Full description at Econpapers || Download paper

  31. A Survey of the European IPO Market. (2006). Gresse, Carole ; Gajewski, Jean-Franois.
    In: ECMI Papers.
    RePEc:eps:ecmiwp:1207.

    Full description at Econpapers || Download paper

  32. 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

  33. Strength of analyst coverage following IPOs. (2006). James, Christopher ; Karceski, Jason .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:82:y:2006:i:1:p:1-34.

    Full description at Econpapers || Download paper

  34. Which types of analyst firms are more optimistic?. (2006). Cowen, Amanda ; Healy, Paul ; Groysberg, Boris .
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:41:y:2006:i:1-2:p:119-146.

    Full description at Econpapers || Download paper

  35. The implications of IPO underpricing for the firm and insiders: Tests of asymmetric information theories. (2006). Kennedy, Duane B. ; Sivakumar, Ranjini ; Vetzal, Kenneth R..
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:13:y:2006:i:1:p:49-78.

    Full description at Econpapers || Download paper

  36. A Survey of the European IPO Market. (2006). Gresse, Carole ; Gajewski, Jean-Franois.
    In: Economics Papers from University Paris Dauphine.
    RePEc:dau:papers:123456789/8670.

    Full description at Econpapers || Download paper

  37. Underpricing and Index Excess Returns. (2005). Schertler, Andrea ; Pierdzioch, Christian ; Nippel, Peter.
    In: Kiel Working Papers.
    RePEc:zbw:ifwkwp:1259.

    Full description at Econpapers || Download paper

  38. Shareholder Lock-In Contracts : Share Price and Trading Volume Effects at the Lock-In Expiry. (2005). Renneboog, Luc ; Goergen, Marc ; Renneboog, L. D. R., .
    In: Discussion Paper.
    RePEc:tiu:tiutil:0d0fd1f7-ca87-468a-a595-6989db23750e.

    Full description at Econpapers || Download paper

  39. Shareholder Lock-In Contracts : Share Price and Trading Volume Effects at the Lock-In Expiry. (2005). Renneboog, Luc ; Goergen, Marc ; Renneboog, L. D. R., ; Angenandt, P. P..
    In: Discussion Paper.
    RePEc:tiu:tiucen:2ab886e5-43c3-4bed-98fe-33d5c88f7afd.

    Full description at Econpapers || Download paper

  40. Pursuing Value Through Liquidity in IPOs: Underpricing, Share Retention, Lockup, and Trading Volume Relationships. (2005). Zheng, Steven ; Ogden, Joseph ; Jen, Frank .
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:25:y:2005:i:3:p:293-312.

    Full description at Econpapers || Download paper

  41. Information Collection and IPO Underpricing. (2005). Guo, Re-Jin .
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:25:y:2005:i:1:p:5-19.

    Full description at Econpapers || Download paper

  42. IPO underpricing in Italy. (2004). Giudici, G. ; Paleari, S. ; Redondi, R. ; Cassia, L..
    In: Applied Financial Economics.
    RePEc:taf:apfiec:v:14:y:2004:i:3:p:179-194.

    Full description at Econpapers || Download paper

  43. Quid Pro Quo in IPOs: Why Book-building is Dominating Auctions. (2004). Degeorge, Francois ; Womack, Kent L..
    In: Working Papers.
    RePEc:fem:femwpa:2004.150.

    Full description at Econpapers || Download paper

  44. The medium-term aftermarket in high-tech IPOs: Patterns and implications. (2004). Thosar, Satish ; Jaggia, Sanjiv.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:28:y:2004:i:5:p:931-950.

    Full description at Econpapers || Download paper

  45. Leverage, insider ownership, and the underpricing of IPOs in China. (2004). Su, Dongwei.
    In: Journal of International Financial Markets, Institutions and Money.
    RePEc:eee:intfin:v:14:y:2004:i:1:p:37-54.

    Full description at Econpapers || Download paper

  46. IPOs cycle and investment in high-tech industries. (2003). Bouis, Romain.
    In: CFS Working Paper Series.
    RePEc:zbw:cfswop:200347.

    Full description at Econpapers || Download paper

  47. The marketing role of IPOs: evidence from internet stocks. (2003). Demers, Elizabeth ; Elizabeth, Demers ; Katharina, Lewellen.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:68:y:2003:i:3:p:413-437.

    Full description at Econpapers || Download paper

  48. Optimistic Investors, IPOs Cycle and Real Investment. (2003). Bouis, Romain .
    In: Economics Papers from University Paris Dauphine.
    RePEc:dau:papers:123456789/3411.

    Full description at Econpapers || Download paper

  49. A Review of IPO Activity, Pricing, and Allocations. (2002). welch, ivo ; Ritter, Jay.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:8805.

    Full description at Econpapers || Download paper

  50. Overconfidence, Short-Sale Constraints and Bubbles. (2002). Xiong, Wei ; Scheinkman, Jose.
    In: Princeton Economic Theory Working Papers.
    RePEc:cla:princt:98734966f1c1a57373801367fbdf0a4b.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-01-13 04:08:55 || 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.