The optimal spread and offering price for underwritten securities

RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION

Edward M. Miller · The Journal of Finance · 1977 · 3.6K citations

Business, Social Psychology, Public Opinion +9

Why new issues are underpriced

Kevin Rock · Journal of Financial Economics · 1986 · 2.8K citations

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Randolph P. Beatty, Jay R. Ritter · Journal of Financial Economics · 1986 · 2.6K citations · Full text

Business, Economics, Finance +14

How investment bankers determine the offer price and allocation of new issues

Lawrence M. Benveniste, Paul A. Spindt · Journal of Financial Economics · 1989 · 1.9K citations

Business, Economics, Finance +16

The "Hot Issue" Market of 1980

Jay R. Ritter · The Journal of Business · 1984 · 1.6K citations

Business, Economics, Finance +16