Strength of Analyst Coverage Following IPOs

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The Economics of Conflicts of Interest in Financial Institutions (2006, unknown): “James and Karceski (2006) find evidence that affiliated analysts provide strong support for IPOs that perform poorly in the aftermarket.”
Affiliated mutual funds and analyst optimism (2007, background): “O’Brien, McNichols, and Lin (2005) and James and Karceski (2006) find indeed that investment banking affiliation is likely to affect research around the offering of new shares, but the related biases do not persist afterwards.”
Affiliated Mutual Funds and the Allocation of Initial Public Offerings (2007, background): “James and Karceski (2006) show that affiliated analysts actively provide “booster shots” (positive stock recommendations) on recent IPOs when the stock price is in danger of falling below the offer price.”