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Why new issues are underpriced

Journal of Financial Economics · 1986 · Vol. 15(1-2) · pp. 187–212
Kevin Rock
Financial Markets and Investment StrategiesEconomic theories and modelsCorporate Finance and GovernanceArgument (complex analysis)Order (exchange)BusinessValue (mathematics)MicroeconomicsInitial public offeringInformation asymmetryFinancial economicsMonetary economicsEconomics
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References
Investment banking, reputation, and the underpricing of initial public offerings
Journal of Financial Economics · 1986 · 2,590 citations
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