Technological Innovation and Initial Public Offerings

By Vojislav Maksimovic, Pegaret Pichler. 2001

337 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7321d40b27c6faac5996109c2b50734b18832b47

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Citations in the corpus

Initial Public Offerings: An Analysis of Theory and Practice (2006, positive): “Maksimovic and Pichler (2001) assert that firms conduct IPOs to capture a first-mover advantage.”
Information Externalities and the Role of Underwriters in Primary Equity Markets (2002, background): “7 In contrast, Maksimovic and Pichler (2000) allow firms to choose between two technologies and focus on the interaction between competitive conditions within the industry and the timing of individual firm decisions to go public.”
Evidence Of Information Spillovers In The Production Of Investment Banking Services (2003, neutral): “Tufano (1989) and Persons and Warther (1997) observe that financial innovations are easily reverse-engineered and therefore difficult for pioneering firms to fully internalize their benefits.”
Lending Relationships and Information Rents: Do Banks Exploit Their Information Advantages? (2010, neutral): “[31] Maksimovic, Vojislav and Pegaret Pichler, 1996, Technological Innovation and Initial Public Of-”
Credit Supply and Corporate Innovation (2013, background): “competitors (Bhattacharya and Ritter 1983; Maksimovic and Pichler 2001), or it can be”
The Timing of Initial Public Offerings (2001, background): “The only exception we are aware of is the recent analysis by Maksimovic and Pichler (2001) of industries that undergo a technological change.”
IPO waves, product market competition, and the going public decision: Theory and evidence (2011, methodology): “Apart from the two theoretical analyses of IPO waves discussed earlier, the theoretical literature most directly related to this paper is the literature on the going public decision: see, e.g., Chemmanur and Fulghieri (1999) or Maksimovic and Pichler (2001).”
IPOs versus Acquisitions and the Valuation Premium Puzzle: A Theory of Exit Choice by Entrepreneurs and Venture Capitalists (2011, neutral): “The first strand is the literature on the going public decision (e.g., Boot et al. (2006), Chemmanur and Fulghieri (1999), and Maksimovic and Pichler (2001)), which focuses on a firm’s choice between remaining private and going public.”
The Choice of IPO versus Takeover: Empirical Evidence* (2003, background): “In contrast, Yosha (1995) and Maksimovic and Pichler (2001) argue that the potential”
Litigation Risk, Strategic Disclosure and the Underpricing of Initial Public Offerings (2012, background): “Underpricing leaves money on the table (Loughran and Ritter, 2002) while enhanced disclosure could reveal proprietary or strategic information to rivals (Darrough and Stoughton, 1990; Bhattacharya and Chiesa, 1995; Maksimovic and Pichler, 2001).”