Issuer surplus and the partial adjustment of IPO prices to public information

By Roger M. Edelen, Gregory Kadlec. 2005

148 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/b09d4d2517f51798b73e15183b59bd7adb3321e4

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. Gerard Hoberg
2. K. Hanley
3. Gordon M. Phillips
4. Kenneth R. Ahern
5. L. Gu

In Finance

1. Gerard Hoberg
2. K. Hanley

Citations in the corpus

• Does Going Public Affect Innovation (2015, unknown): “These contrasting effects of managerial entrenchment are discussed by Fisman et al. (2013).”
• Shareholder Diversification and the Decision to Go Public (2008, unknown): “Edelen and Kadlec (2005) offer a rational story.”
• Seasoned Equity Offerings: Quality of Accounting Information and Expected Flotation Costs (2009, unknown): “30 See Edelen and Kadlec (2005) for evidence on the importance of offer failure risk in setting offer prices.”
• Litigation Risk, Strategic Disclosure and the Underpricing of Initial Public Offerings (2012, background): “Reducing the offer price to increase underpricing can also impact the probability of withdrawal of the offering (Dunbar, 1998; Edelen and Kadlec, 2005).”