Venture capitalists and the decision to go public

Journal of Financial Economics - Tập 35 - Trang 293-316 - 1994
Joshua Lerner1
1Harvard Business School, Boston, MA 02163, USA

Tài liệu tham khảo

Allen,, 1989, Signaling by underpricing in the IPO market, Journal of Financial Economics, 23, 303, 10.1016/0304-405X(89)90060-3 Balvers, 1988, Underpricing of new issues and the choice of auditor as a signal of investment banker reputation, Accounting Review, 63, 605 Barry, 1990, The role of venture capital in the creation of public companies: Evidence from the going public process, Journal of Financial Economics, 27, 447, 10.1016/0304-405X(90)90064-7 Beatty, 1989, Auditor reputation and the pricing of initial public offerings, The Accounting Review, 64, 693 Beatty, 1992 Blume, 1983, Biases in computed returns: An application to the size effect, Journal of Financial Economics, 12, 387, 10.1016/0304-405X(83)90056-9 BRS Information Technologies, 1986, PATDATA Carter,, 1990, Initial public offerings and underwriter reputation, Journal of Finance, 45, 1045, 10.2307/2328714 Clay,, 1987 Corporate Technology Information Services, 1992 Dun's Marketing Services, 1992 Gompers, 1993 Grinblatt,, 1989, Signaling and the pricing of new issues, Journal of Finance, 44, 383, 10.2307/2328596 Hansen, 1980, Forward exchange rates as optimal predictors of future spot rates: An econometric analysis, Journal of Political Economy, 88, 829, 10.1086/260910 Howard and Company, 1992 Ibbotson, 1975, ‘Hot’ issue markets, Journal of Finance, 30, 1027, 10.2307/2326721 Jain, 1992 Jeffery,, 1961 Leland, 1977, Informational asymmetries, financial structure and financial intermediation, Journal of Finance, 33, 371, 10.2307/2326770 Lerner,, 1993 Lerner,, 1994, The syndication of venture capital investments, Financial Management, 10.2307/3665618 Loughran,, 1993 McNamee,, 1991, How to fix the IPO market, 24 Mega-Type Publishing, 1991 Megginson, 1991, Venture capital certification in initial public offerings, Journal of Finance, 46, 879, 10.2307/2328547 Meulbroek,, 1992, Comparison of forward and futures prices of an interest rate-sensitive financial asset, Journal of Finance, 47, 381, 10.2307/2329103 Mikkelson, 1988, Withdrawn security offerings, Journal of Financial and Quantitative Analysis, 23, 119, 10.2307/2330876 National Register Publishing Company, 1992 North Carolina Biotechnology Center, Biotechnology Information Division (NCBC), 1990 North Carolina Biotechnology Center, Biotechnology Information Division (NCBC), 1990 Ornx Press, 1991 Pisano, 1989, Using equity participation to support exchange: Evidence from the biotechnology industry, Journal of Law, Economics and Organization, 5, 109 Recombinant Capital, 1991 Recombinant Capital, 1992 Ritter, 1984, The ‘hot issue’ market of 1980, Journal of Business, 57, 215, 10.1086/296260 Ritter, 1991, The long-run performance of initial public offerings, Journal of Finance, 46, 3, 10.2307/2328687 Sahlman, 1990, The structure and governance of venture capital organizations, Journal of Financial Economics, 27, 473, 10.1016/0304-405X(90)90065-8 Schultz,, 1993, Unit initial public offerings: A form of staged financing, Journal of Financial Economics, 34, 129, 10.1016/0304-405X(93)90018-7 Securities Data Company (SDC), 1992 Shiller, 1990, Speculative prices and popular models, Journal of Economic Perspectives, 4, 55, 10.1257/jep.4.2.55 Shiller, 1989, Survey evidence of diffusions of interest and information among investors, Journal of Economic Behavior and Organization, 12, 47, 10.1016/0167-2681(89)90076-0 Stern, 1992, Junk equity, 2, 40 Teitelman,, 1990 U.S. Department of Commerce, Patent and Trademark Office, Office of Patent Depository Library Programs (USPTO/OPDLP), 1989 U.S. Department of Commerce, Patent and Trademark Office, Office of Patent Depository Library Programs (USPTO/OPDLP), 1990 U.S. General Accounting Office (USGAO), 1989 Venture Economics, 1988 Venture Economics, 1988 Venture Economics, 1991 Venture Economics, 1992 Welch,, 1989, Seasoned offerings, imitation costs, and the underpricing of initial public offerings, Journal of Finance, 44, 421, 10.2307/2328597