Browsing Sloan School of Management by Subject "reputation"

Now showing items 1-1 of 1

    • Risk, Reputation, and the Price Support of IPOs 

      Katharina, Lewellen (2004-03-12)
      Immediately following public offerings, underwriters often repurchase shares of poorly performing IPOs in an apparent attempt to stabilize the price. Using proprietary Nasdaq data for a large sample of IPOs, I study the ...