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Testing a model of signals in the IPO offer process

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  • David Williams
  • W. Duncan
  • Peter Ginter

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  • David Williams & W. Duncan & Peter Ginter, 2010. "Testing a model of signals in the IPO offer process," Small Business Economics, Springer, vol. 34(4), pages 445-463, May.
    • Handle: RePEc:kap:sbusec:v:34:y:2010:i:4:p:445-463
    DOI: 10.1007/s11187-008-9130-1
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    References listed on IDEAS

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    30. Amit, Raphael & MacCrimmon, Kenneth R. & Zietsma, Charlene & Oesch, John M., 2001. "Does money matter?: Wealth attainment as the motive for initiating growth-oriented technology ventures," Journal of Business Venturing, Elsevier, vol. 16(2), pages 119-143, March.
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    34. Tim Loughran & Jay Ritter, 2004. "Why Has IPO Underpricing Changed Over Time?," Financial Management, Financial Management Association, vol. 33(3), Fall.
    35. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
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    39. Baron, David P, 1982. "A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues," Journal of Finance, American Finance Association, vol. 37(4), pages 955-976, September.
    40. Baron, David P & Holmstrom, Bengt, 1980. "The Investment Banking Contract for New Issues under Asymmetric Information: Delegation and the Incentive Problem," Journal of Finance, American Finance Association, vol. 35(5), pages 1115-1138, December.
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    Cited by:

    1. Wang, Taiyuan & Qureshi, Israr & Deeds, David & Ren, Yi, 2019. "How do technology ventures signal IPO quality? A configurational approach," Journal of Business Research, Elsevier, vol. 99(C), pages 105-114.

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    More about this item

    Keywords

    Signals; Initial public offering; High-technology industries; L26;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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