Allocations, adverse selection, and cascades in IPOs: Evidence from the Tel Aviv Stock Exchange

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

Halbert White · Econometrica · 1980 · 26.1K citations

Social Sciences, Economics, Econometrics +11

Why new issues are underpriced

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

Management, Business Economics, Economics +9

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

Business, Economics, Finance +14

The "Hot Issue" Market of 1980

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

Business, Economics, Finance +16

Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs?

Tim Loughran, Jay R. Ritter · Review of Financial Studies · 2002 · 1.4K citations

Business, Business Economics, Economics +15