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題名:由承銷價低估、市價高估與股權結構觀點分析最適釋股策略與IPO折價
書刊名:經濟論文
作者:胡德中 引用關係馬黛 引用關係
作者(外文):Hu, Te-chungMa, Tai
出版日期:2004
卷期:32:1
頁次:頁227-272
主題關鍵詞:IPO折價價格低估過度反應股權結構擇時發行追價風潮IPO discountUnderpricingOverreactionOwnership structureIPO timingCascade
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(11) 博士論文(1) 專書(0) 專書論文(1)
  • 排除自我引用排除自我引用:10
  • 共同引用共同引用:56
  • 點閱點閱:226
期刊論文
1.Mello, A. S.、Parsons, J. E.(1998)。Going Public and the Ownership Structure of the Firm。Journal of Financial Economics,49(1),79-109。  new window
2.林象山、許清華(19970700)。新上市股承銷方式的選擇。中國財務學刊,5(1),19-41。new window  延伸查詢new window
3.Brennan, Michael J.、Franks, Julian(1997)。Underpricing, Ownership and Control in Initial Public Offerings of Equity Securities in the UK。Journal of Financial Economics,45(3),391-413。  new window
4.Grinblatt, Mark、Hwang, Chuan-Yang(1989)。Signaling and the Pricing of New Issues。The Journal of Finance,44(2),393-421。  new window
5.Baker, Malcolm、Wurgler, Jeffrey(2000)。The equity share in new issues and aggregate stock returns。Journal of Finance,55(5),2219-2257。  new window
6.Cox, D. R.、Peterson, D. R.(1994)。Stock Returns Following Large One-Day Declines: Evidence on Short-Term Reversals and Long-Term Performance。Journal of Finace,49(1),255-267。  new window
7.陳安琳(19990900)。系統風險變動下新上市公司股票的長期報酬行為:遞迴迴歸之應用。管理學報,16(3),535-556。new window  延伸查詢new window
8.Lowry, Michelle、Schwert, G. William(2002)。IPO Market Cycles: Bubbles or Sequential Learning?。The Journal of Finance,57(3),1171-1200。  new window
9.Sherman, A.、Titman, S.(2000)。Building the IPO Order Book: Underpricing and Participation Limits with Costly Information。Journal of Financial Economics,65(1),3-29。  new window
10.Allen, Franklin、Faulhaber, Gerald R.(1989)。Signaling By Underpricing In The IPO Market。Journal of Financial Economics,23(2),303-323。  new window
11.Benveniste, L. M.、Busaba, W. Y.(1997)。Bookbuilding vs. Fixed Price: An Analysis of Competing Strategies for Marketing IPOs。Journal of Financial and Quantitative Analysis,32(4),383-403。  new window
12.Ritter, J. R.(1987)。The costs of going public。Journal of Financial Economics,19(2),269-281。  new window
13.Chemmanur, Thomas J.(1993)。The Pricing of Initial Public Offerings: A Dynamic Model with Information Production。The Journal of Finance,48,285-305。  new window
14.Booth, J. R.、Chua, L.(1996)。Ownership dispersion, costly information, and IPO under-pricing。Journal of Financial Economics,41(2),291-310。  new window
15.Maksimovic, V.、Pichler, P.(2001)。Technological innovation and initial public offerings。Review of Financial Studies,14(2),459-494。  new window
16.Ibbotson, Roger G.、Sindelar, Jody L.、Ritter, Jay R.(1994)。The Market's Problems with the Pricing of Initial Public Offerings。Journal of Applied Corporate Finance,7(1),66-74。  new window
17.Maug, Ernst(1998)。Large Shareholders as Monitors: Is There a Trade-off between Liquidity and Control?。Journal of Finance,53(1),65-98。  new window
18.Shleifer, Andrei、Vishny, Robert W.(1997)。The Limits of Arbitrage。Journal of Finance,52(1),35-55。  new window
19.Bolton, Patrick、von Thadden, Ernst-Ludwig(1998)。Blocks, Liquidity, and Corporate Control。Journal of Finance,53(1),1-25。  new window
20.Amihud, Y.、Mendelson, H.(1986)。Asset pricing and the bid-ask spread。Journal of Financial Economics,17(2),223-249。  new window
21.Benveniste, Lawrence M.、Wilhelm, William J.(1990)。A Comparative Analysis of IPO Proceeds under Alternative Regulatory Environments。Journal of Financial Economics,28(1/2),173-207。  new window
22.Welch, Ivo(1992)。Sequential Sales, Learning, and Cascades。The Journal of Finance,47(2),695-732。  new window
23.馬黛、胡德中(20030400)。承銷配售機制之決定及其對IPO折價之影響:競價拍賣、詢價圈購與公開申購。財務金融學刊,11(1),1-40。new window  延伸查詢new window
24.陳軒基、葉秀娟、陳右超(20030100)。承銷制度與折價幅度:臺灣初次上市櫃股票之實證分析(1980-2000)。證券市場發展,14(4)=56,175-198。new window  延伸查詢new window
25.Benveniste, Lawrence M.、Spindt, Paul A.(1989)。How Investment Bankers Determine the Offer Price and Allocation of New Issues。Journal of Financial Economics,24(2),343-361。  new window
26.Booth, J. R.、Smith, R. II(1986)。Capital raising, underwriting and the certification hypothesis。Journal of Financial Economics,15(1/2),261-281。  new window
27.Rock, Kevin(1986)。Why New Issues Are Underpriced?。Journal of Financial Economics,15(1/2),187-212。  new window
28.Ritter, Jay R.、Welch, Ivo(2002)。A Review of IPO Activity, Pricing, and Allocations。The Journal of Finance,57(4),1795-1828。  new window
29.Hanley, Kathleen Weiss(1993)。The underpricing of initial public offerings and the partial adjustment phenomenon。Journal of Financial Economics,34(2),231-250。  new window
30.Ibbotson, Roger G.、Jaffe, Jeffrey F.(1975)。"Hot Issue" Markets。Journal of Finance,30(3),1027-1042。  new window
31.Ibbotson, Roger G.、Sindelar, Jody L.、Ritter, Jay R.(1988)。Initial public offerings。Journal of Applied Corporate Finance,1(2),37-45。  new window
32.Morck, Randall、Shleifer, Andrei、Vishny, Robert W.(1988)。Management Ownership and Market Valuation: An Empirical Analysis。Journal of Financial Economics,20(1/2),293-315。  new window
33.de Long, J. Bradford、Shleifer, Andrei、Summers, Lawrence H.、Waldmann, Robert J.(1990)。Noise trader risk in financial markets。Journal of Political Economy,98(4),703-738。  new window
34.Hansen, Robert S.、Torregrosa, Paul(1992)。Underwriter Compensation and Corporate Monitoring。Journal of Finance,47(4),1537-1555。  new window
35.Ritter, Jay R.(1984)。The "Hot Issue" Market of 1980。Journal of Business,57(2),215-240。  new window
36.Welch, Ivo(1989)。Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings。Journal of Finance,44(2),421-449。  new window
37.Stoughton, N. M.、Zechner, J.(1998)。IPO-Mechanisms, Monitoring and Ownership Structure。Journal of Financial Economics,49,45-77。  new window
38.Kojima, K.(1995)。The Financial Relationships in Japan: An International Perspective。Kobe Economic and Business Review,40,1-42。  new window
39.陳秀亮、林純瓊、顏吉利(1989)。股票上市、中籤機率與超額報酬。證券市場發展季刊,創刊號。  延伸查詢new window
40.Larson, S. J.、Madura, J.(2001)。Overreaction and Underreaction in the Foreign Exchange Market。Global Finance Journal,12,153-177。  new window
41.Zingales, L.(1995)。Insider Ownership and the Decision to Go Public。The Review of Economic Studies,110,1047-1073。  new window
其他
1.李春安,劉維琪(2000)。財富效率、監督、首次公開上市新股釋出策略與價格低估現象之研究,沒有紀錄。  延伸查詢new window
2.Boehmer, E.,Fishe, R. P. H.(2001)。Equilibrium Rationing in Initial Public Offerings of Equity,沒有紀錄。  new window
3.Chalk, A.,Peavy, J.(1985)。Understanding the Pricing of Initial Public Offerings,Dallas, TX。  new window
4.Giudici, G.,Paleari, S.(1999)。Underpricing, Price Stabilization and Long Run Performance in Initial Public Offerings: A Study on the Italian Stock Market Between 1985 and 1998,沒有紀錄。  new window
5.Kutsuna, K.,Smith, R.(2000)。How IPO Pricing Method Affects Underpricing and Issue Cost: Evidence on Japan's Change from Auction Method Pricing to Book-Building,沒有紀錄。  new window
6.Ma, T.(1999)。On the Determination of IPO Returns for State-Owned Firms and a Comparison of State versus Non-State IPOs: International Evidence,沒有紀錄。  new window
 
 
 
 
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