Purchasing IPOs with Commissions

By Michael A. Goldstein, Paul J. Irvine, Andy Puckett. 2011

117 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/249fc138b7e0e221c16b19e18d2f3aec25035ae4

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Xiaoding Liu
2. Jay R. Ritter
3. Jarrad Harford
4. Tim Loughran
5. Rongbing Huang
6. Donghang Zhang
7. Chen Lin
8. K. Hanley

In Finance

1. Xiaoding Liu
2. Jay R. Ritter
3. Rongbing Huang
4. Donghang Zhang
5. K. Hanley
6. Özde Öztekin
7. Amy K. Dittmar
8. Malcolm P. Baker

Citations in the corpus

• Institutional Trading and Stock Resiliency: Evidence from the 2007-2009 Financial Crisis (2013, unknown): “Academic studies using Abel Noser Solutions data include Goldstein, Irvine, Kandel, and Weiner (2009), Chemmanur, He, and Hu (2009), Goldstein, Irvine, and Puckett (2011), and Puckett and Yan (2011).”
• Beyond the Square Root: Evidence for Logarithmic Dependence of Market Impact on Size and Participation Rate (2014, unknown): “Previous academic studies that use Ancerno data include [16, 17, 18, 19, 20, 21, 22].”
• Local Underwriter Oligopolies and IPO Underpricing (2011, background): “Goldstein, Irvine, and Puckett (2011) estimate that an additional $1 excess commission payment to the lead underwriter results in IPO share allocations that generate $2.21 in investor gross profits, implying that 45% of the money left on the table is captured by the underwriter.”