Open Access

Factors Influencing IPO Decisions. Do Corporate Managers Use Market and Corporate Timing? A Survey

   | Nov 20, 2014

Cite

Baker, M., Xuan, Y. (2011), Under New Management: Equity Issues and the Attribution of Past Returns, Harvard Business School Working Paper.Search in Google Scholar

Brav, A., Gompers, P.A. (1997), Myth or reality? The long-run underperformance of initial public oferings:Search in Google Scholar

Evidence from venture and non-venture capital-backed companies, Journal of Finance, 52, pp. 1791-1821.Search in Google Scholar

Brav, A., Graham, J., Harvey, C., Michaely, R. (2005), Payout policy in the 21st century, Journal of Financial Economics, 77, pp. 483-527.Search in Google Scholar

Brau, J.C., Fawcett, S.E. (2006), Initial public oferings: An analysis of theory and practice, Journal of Finance, 61, pp. 399-436.Search in Google Scholar

Derrien, F. (2010), Initial public oferings, [in:] Baker, H.K., Nofsinger, J. [eds.] Behavioral Finance, Hoboken, NJ: John Wiley and Sons, pp. 475-490.Search in Google Scholar

Friedman, M. (1937), The use of ranks to avoid the assumption of normality implicit in the analysis of variance, Journal of the American Statistical Association, Vol. 32, pp. 675-701.Search in Google Scholar

Graham, J.R., Harvey, C.R. (2001), The theory and practice of corporate fnance: Evidence from the feld, Journal of Financial Economics, 60, pp. 187-243.Search in Google Scholar

Graham, J., Harvey, C., Rajgopal, S. (2005), The economic implications of corporate fnancial reporting, Journal of Accounting and Economics, 40, p. 3-73.Search in Google Scholar

Hanley, K. (1993), The underpricing of initial public oferings and the partial adjustment phenomenon, Journal of Financial Economics, 34, pp. 231-250.Search in Google Scholar

Hollander, M., Wolfe D. (1999), Nonparametric Statistical Methods, Second Edition, John Wiley & Sons Series in Probability and Statistics, New York, John Wiley & Sons.Search in Google Scholar

Ibbotson, R., Jafe, J. (1975), Hot issue markets, Journal of Finance, 30, p. 1027-1042.Search in Google Scholar

Ibbotson, R., Sindelar, J., Ritter, J. (1988), Initial Public Oferings, Journal of Applied Corporate Finance, 1, pp. 37-45.Search in Google Scholar

Ibbotson, R., Sindelar, J., Ritte, J. (1994), The market's problems with the pricing of initial public oferings, Journal of Applied Corporate Finance, Vol. 7, pp. 66-74.Search in Google Scholar

Jain, B.A., Kini, O. (1994), The post-issue operating performance of IPO frms, Journal of Finance, 49, pp. 1699-1726.Search in Google Scholar

Lerner, J. (1994), Venture capitalists and the decision to go public, Journal of Financial Economics, 35, pp. 293-316.Search in Google Scholar

Ljungqvist, A., Wilhelm, W. Jr. (2005), Does prospect theory explain IPO market behavior?, Journal of Finance, 60, pp. 1759-1790.Search in Google Scholar

Loughran, T., Ritter, J., Rydqvist, K. (1994), Initial public oferings: International insights, Pacific-Basin Finance Journal, 2, pp. 165-199.Search in Google Scholar

Loughran, T., Ritter, J. (1995), The New Issue Puzzle, Journal of Finance, 50, pp. 23-51.Search in Google Scholar

Mikkelson, W.H., Partch, M., Shah, K. (1997), Ownership and operating performance of companies that go public, Journal of Financial Economics, 44, pp. 281-308.Search in Google Scholar

Pagano, M., Panetta, F., Zingales, L. (1998), Why do companies go public? An empirical analysis, Journal of Finance, 53, pp. 27-64.Search in Google Scholar

Płotnicki, M., Szyszka, A. (2014), IPO market timing. The evidence of the disposition efect among corporate managers, Global Finance Journal, 25, pp. 48-55.Search in Google Scholar

Factors Infuencing IPO Decisions. Do Corporate Managers Use Market and Corporate… 39Search in Google Scholar

Ritter, J. (1984), The ‘hot issue’ market of 1980, Journal of Business, 32, pp. 215-240.Search in Google Scholar

Ritter, J. (1991), The long-run performance of initial public oferings, Journal of Finance, 46, pp. 3-27.Search in Google Scholar

Szyszka, A. (2013), Behavioral Finance and Capital Markets: How Psychology Infuences Investors and Corpora- tions, New York, NY: Palgrave Macmillan.10.1057/9781137366290Search in Google Scholar

Trahan, E., Gitman, L. (1995), Bridging the theory-practice gap in corporate fnance: a survey of chief fnancial offcers, Quarterly Review of Economics and Finance, 35, pp. 73-87.Search in Google Scholar

Wilcoxon, F. (1945), Individual Comparisons by Ranking Methods, Biometrics Bulletin, 1, pp. 80-83.Search in Google Scholar