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Original Articles

IPO underpricing over time: evidence from the UK

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Pages 5-9 | Published online: 19 Aug 2006

References

References

  • Beatty , R and Welch , I . 1996 . Issuer expenses and legal liability in initial public offerings . Journal of Law and Economics , 39 : 545 – 602 .
  • Carter , R and Manaster , S . 1990 . Initial public offerings and underwriter reputation . Journal of Finance , 45 : 1045 – 68 .
  • Carter , R , Dark , F and Singh , A . 1998 . Underwriter reputation, initial returns, and the long-run performance of IPO stocks . Journal of Finance , 53 : 285 – 311 .
  • Ljungqvist , A and Wilhelm , W . 2003 . IPO pricing in the dot-com bubble . Journal of Finance , 58 : 753 – 52 .
  • Loughran T Ritter J 2002 Why has IPO underpricing changed over time? Working Paper University of Florida
  • Ritter , J . 1984 . The ‘hot issue’ market of 1980 . Journal of Business , 57 : 215 – 40 .
  • Ritter J 2003 Differences between European and American IPO Markets European Financial Management forthcoming

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