Grandstanding, certification and the underpricing of venture capital backed IPOs
Article Abstract:
The role of venture capitalists in the underpricing of IPOs (initial public offerings) between 1980 and 2000 is investigated. The investigation reveals that venture capital backed IPOs show greater underpricing than non-venture capital backed IPOs.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2004
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Strength of analyst coverage following IPOs
Article Abstract:
The role played by security analysts in controlling target prices after the company makes its first sale of stock to the public is discussed.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2006
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Institutional trading and alternative trading systems
Article Abstract:
An evaluation of the available securities trading systems is provided.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2003
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