|
|
|
|
|
|
|
|
Literature: Country Studies |
|
| Australia
Austria
China
Finland
Frankreich
|
Germany
India
Italy
Japan
Malaysia
|
Netherlands
Poland
Singapur
Spain
Switzerland
|
Turkey
United Kingdom
USA
International
|
|
|
|
|
|
|
|
| Empirical Studies for Australia: |
|
|
|
- Lee, Philip J.; Taylor, Stephen L.; Walter, Terry S.
Australian IPO pricing in the short and long run
Journal of Banking & Finance, Vol. 20, 1996, S. 1189-1210
|
|
|
|
|
|
|
| Empirical Studies for Austria: |
|
|
|
- Aussenegg, Wolfgang
Short and Long-Run Performance of Initial Public Offerings in the Austrian Stock Market
Working Paper, Vienna University of Technology, Draft: August 1997
- Hunger, Adrian
IPO-Underpricing im Kontext einer vertikalen Marktsegmentierung
Studien zur Kredit und Finanzwirtschaft/Studies in Credit and Finance, Band 180
Duncker & Humblot-Verlag, Berlin, 2005
ISBN: 3-428-11901-0
|
|
|
|
|
|
|
|
|
| Empirical Studies for China: |
|
|
|
- Mok, Henry M.K.; Hui, Y.V.
Underpricing and aftermarket performance of IPOs in Shanghai, China
Pacific-Basin Finance Journal, Vol. 6, 1998, S. 453-474
- Su, Dongwei; Fleisher, Belton M.
An Empirical Investigation of Underpricing in Chinese IPOs
Working Paper, Department of Economics, The Ohio State University, January 1997
|
|
|
|
|
|
|
| Empirical Studies for Finland: |
|
|
|
- Keloharju
The winner's curse, legal liability, and the long-run price performance of initial public offerings in Finland
Journal of Financial Economics, Vol. 34, 1993, S. 251-277
- Westerholm, Joakim
The Activity of the Underwriter in Initial Public Offerings, Evidence from the Limit Order Book of the Helsinki Stock Exchange
Working Paper, Swedish School of Economics and Business Administration, Finland, 1998
|
|
|
|
|
|
| Empirical Studies for France: |
|
|
|
- Hunger, Adrian
IPO-Underpricing im Kontext einer vertikalen Marktsegmentierung
Studien zur Kredit und Finanzwirtschaft/Studies in Credit and Finance, Band 180
Duncker & Humblot-Verlag, Berlin, 2005
ISBN: 3-428-11901-0
|
|
|
|
|
|
| Empirical Studies for Germany: |
|
|
|
- Ehrhardt, Olaf; Nowak, Eric
Private Benefits and Minority Shareholder Expropriation - Empirical Evidence from IPOs of Geman Family-Owned Firms
Working Paper, Center for Financial Studies, Johann Wolfgang Goethe Universität, Frankfurt, No. 2001/10
- Fohlin, Caroline
IPO Underpricing in Two Universes: Berlin, 1882-1892, and New York, 1998-2000
Social Science Working Paper 1088, California Institute of Technology, May 2000
Hunger, Adrian
IPO-Underpricing im Kontext einer vertikalen Marktsegmentierung
Studien zur Kredit und Finanzwirtschaft/Studies in Credit and Finance, Band 180
Duncker & Humblot-Verlag, Berlin, 2005
ISBN: 3-428-11901-0
- Hunger, Adrian
IPO-Underpricing und die Besonderheiten des Neuen Marktes. Eine ökonomische Analyse börsenrechtlicher Marktsegmentierung
Lang-Verlag, Frankfurt am Main, 2001
- Hunger, Adrian
Market Segmentation and IPO-Underpricing: The German Experience
Working Paper, Ludwig-Maximilians-Universität München, Institut für Kapitalmarktforschung und Finanzierung, Februar 2003
- Kaserer, Christoph; Kempf, Volker
Das Underpricing-Phänomen am deutschen Kapitalmarkt und seine Ursachen
Zeitschrift für Bankrecht und Bankwirtschaft, 1/1995, S. 45-68
- Kiss, Imre
IPO-Pricing am Neuen Markt - Balance zwischen Emittenten- und Anlegerinteressen
Die Bank, 7/2001
- Klein, Peter, G.; Zoeller, Kathrin
Universal-Bank Underwriting and Conflicts of Interest: Evidence from German Initial Public Offerings
Working Paper, University of Georgia, May, 2001
- Ljungqvist, Alexander P.
Pricing initial public offerings: Furher evidence from Germany
European Economic Review, Vol. 41, 1997, S. 1309-1320
- Löffler, Gunter
Zeichnungsrenditen am Neuen Markt: Gleichgewicht oder Ineffizienz?
Working Paper, Lehrstuhl für Bankbetriebslehre, Johann Wolfgang Goethe-Universität, Frankfurt, Version: Juli 2000
- Nowak, Eric; Gropp, Alexandra
Ist der Ablauf der Lock-up-Frist bei Neuemissionen ein kursrelevantes Ereignis? Eine empirische Analyse von Unternehmen des Neuen Marktes
Working Paper Series: Finance & Accounting, Johan Wolfgang Goethe-Universität Frankfurt am Main, No. 63, 2000
- Schlag, Christian; Wodrich, Anja
Has There Always Been Underpricing and Long-Run Underperformance? - IPOs in Germany Before World War I
Working Paper, Center for Financial Studies, Frankfurt, November 2000
- Schmidt, Reinhard H. et al.
Underpricing bei deutschen Erstemissionen 1984/85
Zeitschrift für Betriebswirtschaft, 58. Jg., 1988, S. 1193-1203
- Uhlir, Helmut
Der Gang an die Börse und das Underpricing-Phänomen
Zeitschrift für Bankrecht und Bankwirtschaft, 1/1989
- Wasserfallen, Walter; Wittleder, Christian
Pricing initial public offerings. Evidence from Germany
European Economic Review, Vol. 38, 1994, S. 1505-1517
- Wilkens, Marco; Graßhoff, Armin
Das Underpricing-Phänomen bei Aktienneuemissionen - Systematisierung von Erklärungsansätzen und Überblick über empirische Untersuchungen
IBFG-Studien, Institut für betriebswirtschaftliche Geldwirtschaft der Universität Göttingen, Nr. 11, September 1999
|
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
|
|
|
|
|
|
| Empirical Studies for India: |
|
|
|
- Shah, Ajay
The Indian IPO Market: Suggestions for Institutional Arrangements
Working Paper, Centre for Monitoring Indian Economy, Bombay, India, June 1995
Shah, Ajay
The Indian IPO Market: Empirical Facts
Working Paper, Centre for Monitoring Indian Economy, Bombay, India, June 1995
|
|
|
|
|
|
|
| Empirical Studies for Italy: |
|
|
|
- Arosio, Roberto; Giudici, Giancarlo; Paleari, Stefano
Why Do (or Did) Internet-Stock IPOs Leave So Much "Money on The Table" ?
Australasian Finance and Banking Conference, Sydney, Australien, Dezember 2000
- Arosio, Roberto; Giudici, Giancarlo; Paleari, Stefano
What Drives the Initial Market Performance of Italian IPOs ? An Empirical Investigation on Underpricing and Price Support
FMA Annual Meeting, Seattle, USA. Oktober 2000
- Arosio, Roberto; Giudici, Giancarlo; Paleari, Stefano
The Market Performance of Italian IPOs in the Long-Run
Working Paper, Universita degli Studi die Bergamo, Italien, Preliminary Draft, Januar 2001
Fabrizzio, Stefano
Asymmetric information and underpricing of IPOs: the role of the underwriter, the prospectus and the analysts. An empirical examination of the Italian Situation
Working Paper, Economic Research Department of the Italian Securities Exchange Commission (CONSOB), Version: September 2000
- Giudici, Giancarlo; Paleari, Stefano
Underpricing, Price Stabilization and Long-Run Performance in Intial Public Offerings: A Study on the Italian Stock Market Between 1985 and 1998
Asia Pacific Finance Association, Annual Meeting, Melbourne, July 1999
- Hunger, Adrian
IPO-Underpricing im Kontext einer vertikalen Marktsegmentierung
Studien zur Kredit und Finanzwirtschaft/Studies in Credit and Finance, Band 180
Duncker & Humblot-Verlag, Berlin, 2005
ISBN: 3-428-11901-0
|
|
 |
|
 |
|
 |
|
|
|
|
|
|
|
| Empirical Studies for Japan: |
|
|
|
- Amihud, Yakov; Mendelson, Haim; Uno, Jun
Number of Shareholders and Stock Prices: Evidence from Japan
Journal of Finance, Vol. 54, Iss. 3, Juni 1999, p. 1169-1184
- Pettway, Richard H.; Kaneko, Takashi
The effects of removing price limits and introducing auctions upon short-term IPO returns: The case of Japanese IPOs
Pacific-Basin Finance Journal, Vol. 4, 1996, p. 241-258
- Hamao, Yasushi; Packer, Frank; Ritter Jay R.
Institutional affiliation and the role of venture capital: Evidence from initial public offerings in Japan
Pacific-Basin Finance Journal, Vol. 8, 2000, p. 529-558
|
|
|
|
|
|
|
| Empirical Studies for Malaysia: |
|
|
|
- Paudyal, K.; Saadouni, B.; Briston, R.J.
Privatisation initial public offerings in Malaysia: Initial premium and long-term performance
Pacific-Basin Finance Journal, Vol. 6, 1998, S. 427-451
|
|
|
|
|
|
|
| Empirical Studies for the Netherlands: |
|
|
|
- Frederikslust, Ruud A.I.; van der Geest, Roy A.
Initial returns and long-run performance of private equity-backed initial public offerings on the Amsterdam Stock Exchange
Working Paper, Rooterdam Scholl of Management, Erasmus University Rotterdam
|
|
|
|
|
|
|
| Empirical Studies for Poland: |
|
|
|
- Aussenegg, Wolfgang
Privatization versus Private Sector: Initial Public Offerings in Poland
Working Paper, Vienna University of Technology, Draft: May 2000
|
|
|
|
|
|
|
| Empirical Studies for Singapur: |
|
|
|
- Koh, Francis; Walter, Terry
A Direct Test of Rock's Model of the Pricing of Unseasoned Issues
Journal of Financial Economics, Vol. 23, 1989, S. 251-272
- Saunders, Anthony
Underpricing and the New Issue Process in Singapore
Journal of Banking & Finance, Vol. 14, 1990, S. 291-309
|
|
|
|
|
|
|
| Empirical Studies for Spain: |
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
| Empirical Studies for Switzerland: |
|
|
|
- Kunz, Roger M.; Aggarwal, Reena
Why initial public offerings are underpriced: Evidence from Switzerland
Journal of Banking & Finance, Vol. 18, 1994, S. 705-723
- Hunger, Adrian
IPO-Underpricing im Kontext einer vertikalen Marktsegmentierung
Studien zur Kredit und Finanzwirtschaft/Studies in Credit and Finance, Band 180
Duncker & Humblot-Verlag, Berlin, 2005
ISBN: 3-428-11901-0
|
|
|
|
|
|
|
| Empirical Studies for the Turkey: |
|
|
|
- Kiymaz, Halil
The initial aftermarkt performance of IPOs in an emerging market: evidence from Istanbul stock exchange
Journal of Multinational Financial Management, Vol. 10, 2000, S. 213-227
|
|
|
|
|
|
|
| Empirical Studies for the United Kingdom: |
|
|
|
- Brennan, M.J.; Franks, J.
Underpricing, ownership and control in initial public offerings of equity securities in the UK
Journal of Financial Economics, Vol. 45, 1997, S. 391-413
|
|
|
|
|
|
|
| Empirical Studies for the USA: |
|
|
|
- Aggarwal, Reena; Prabhala, Nagpurnanand R.; Puri, Manju;
Institutional Allocation in Initial Public Offerings: Empirical Evidence
Journal of Finance, June 2002, Vol 57(3), pp1421-1442
- Busaba, Walid Y.; Benveniste, Lawrence M.; Guo, Re-Jin
The option to withdraw IPOs during the premarket: empirical analysis
Journal of Financial Economics, Vol. 60, 2001, pp. 73-102
- Foerster, Stephen R.; Karolyi, G.Andrew
The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stock Listing in the United States
Journal of Finance, Vol. 54, Iss. 3, Juni 1999, pp. 981-1013
- Fohlin, Caroline
IPO Underpricing in Two Universes: Berlin, 1882-1892, and New York, 1998-2000
Social Science Working Paper 1088, California Institute of Technology, May 2000
- Loughran, Tim
NYSE vs NASDAQ returns
Journal of Financial Economics, Vol. 33, 1993, pp. 241-260
- Reinganum, Marc R.
Market microstructure and asset pricing. An empirical investigation of NYSE and NASDAQ securities
Journal of Financial Economics, Vol. 28, 1990, pp. 127-147
- Ritter, Jay R.
The "Hot Issue" Market of 1980
Journal of Business, Vol. 57, Iss. 2, 1984, pp. 215-240
- Ritter Jay. R.
The Long-Run Performance of Initial Public Offerings
Journal of Finance, Vol. 56, No. 1, 1991, pp. 3-27
|
|
 |
|
 |
|
|
|
|
|
|
|
| International Studies: |
|
|
|
- Huang, Qi; Levich, Richard M.
Underpricing of New Equity Offerings by Privatized Firms: An International Test
Working Paper, New York University, September 1999
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|