Auctions versus book building of Japanese IPOs

Why new issues are underpriced

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

Economics, Dynamic Pricing, Cost Issue +4

Investment banking, reputation, and the underpricing of initial public offerings

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

Investment Banking, Business, Business Strategy +3

Initial Public Offerings and Underwriter Reputation

Richard Carter, Steven Manaster · The Journal of Finance · 1990 · 2.5K citations

Ownership Structure, Securities Law, Equity Portfolios +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

Empirical Finance, Market Microstructure, Economics +10

The "Hot Issue" Market of 1980

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

Empirical Finance, Initial Public Offerings, Hot Issue +18