SEARCH

SEARCH BY CITATION

REFERENCES

  • Aggarwal, R. and P. Rivoli,(1990), ‘Fads in the Initial Public Offering Market Financial Management, Vol. 19, pp. 4557.
  • Al-Horani, A., P. F. Pope and A. W. Stark (2003), ‘Research and Development Activity and Expected Returns in the United Kingdom’, European Finance Review, Vol. 7, pp. 2746.
  • Baker, M., R. Taliaferro and J. Wurgler (2006), ‘Predicting Returns with Managerial Decision Variables: Is There a Small-Sample Bias Journal of Finance, Vol. 61, pp. 171130.
  • Barber, B. and J. Lyon (1997), ‘Detecting Long-Run Abnormal Stock Returns: The Empirical Power and Specification of Test Statistics’, Journal of Financial Economics, Vol. 43, pp. 34172.
  • Barber, B. and J. Lyon (1996), ‘Improved Methods for Tests of Long-Run Abnormal Stock Returns’, Working Paper ( University of California Davis ).
  • Brav, A. and P. Gompers (1997), ‘Myth or Reality? The Long-Run Under-performance of Initial Public Offerings: Evidence from Venture and Non-Venture Capital-Backed Companies’, Journal of Finance, Vol. 52, pp. 1791821.
  • Brav, A., C. Geczy and P. Gompers (2000), ‘Is the Abnormal Return Following Equity Issuance Anomalous Journal of Financial Economics, Vol. 56, pp. 20949.
  • Butler, A. W., G. Grullon and J. P. Weston (2005), ‘Can Managers Forecast Aggregate Market Returns?’, Journal of Finance, Vol. 60, pp. 96386.
  • Chan, K., D. L. Ikenberry and I. Lee (2007), ‘Do Managers Time the Market? Evidence from Open-Market Share Repurchases’, Journal of Banking and Finance, Vol. 31, pp. 267394.
  • Davidson, J., A. Monticini and D. Peel (2007), ‘Implementing the Wild Bootstrap Using a Two-Point Distribution’, Economics Letters, Vol. 96, pp. 30915.
  • Dewenter, K. L. and P. H. Malatesta (1997), ‘Public Offerings of State-Owned and Privately-Owned Enterprise: An International Comparison’, Journal of Finance, Vol. 52, pp. 165979.
  • Dichev, I. and J. Piotroski (2001), ‘The Long-Run Stock Returns Following Bond Rating Changes’, Journal of Finance, Vol. 56, pp. 173203.
  • Espenlaub, S., A. Gregory and I. Tonks (2000), ‘Re-assessing the Long-term Under-performance of UK Initial Public Offerings’, European Financial Management, Vol. 6, pp. 31942.
  • Fama, E. F. (1998), ‘Market Efficiency, Long-Term Returns, and Behavioural Finance’, Journal of Financial Economics, Vol. 49, pp. 283306.
  • Fama, E. F. and K. R. French (1992), ‘The Cross-Section of Expected Returns’, Journal of Finance, Vol. 47, pp. 42765.
  • Fama, E. F. and K. R. French (1993), ‘Common Risk Factors in the Returns on Stocks and Bonds’, Journal of Financial Economics, Vol. 33, pp. 356.
  • Goergen, M., A. Khurshed and R. Mudambi (2007), ‘The Long Run Performance of UK IPOs: Can it be Predicted?’, Managerial Finance, Vol. 33, No. 6, pp. 40119.
  • Gregory, A. and M. Michou (2007), ‘Industry Cost of Capital: UK Evidence’, Xfi Working Paper ( University of Exeter ).
  • Gregory, A., R. D. F. Harris and M. Michou (2001), ‘An Analysis of Contrarian Investment Strategies in the UK’, Journal of Business Finance & Accounting, Vol. 28, pp. 1193228.
  • Ikenberry, D., J. Lakonishok and T. Vermaelen (1995), ‘Market Underreaction to Open Market Share Repurchases’, Journal of Financial Economics, Vol. 39, pp. 181208.
  • Jaffe, J. F. (1974), ‘Special Information and Insider Trading’, Journal of Business, Vol. 47, pp. 41028.
  • Levis, M. (1993), ‘The Long-Run Performance of Initial Public Offerings: The UK Experience 1980–1988’, Financial Management, pp. 2841.
  • Levis, M. (1995), ‘Seasoned Equity Offerings and the Short- and Long-Term Performance of Initial Public Offerings in the UK’, European Financial Management, Vol. 1, pp. 12546.
  • Liu, R. Y. (1988), ‘Bootstrap Procedure Under Some Non-i.i.d. Models’, Annals of Statistics, Vol. 16, pp. 1696708.
  • Liu, W. and N. Strong (2008), ‘Biases in Decomposing Holding-Period Portfolio Returns’, Review of Financial Studies, Vol. 21, pp. 224374.
  • Loughran, T. and J. R. Ritter (1995), ‘The New Issues Puzzle’, Journal of Finance, Vol. 50, pp. 2351.
  • Loughran, T. and J. R. Ritter (2000), ‘Uniformly Least Powerful Tests of Market Efficiency’, Journal of Financial Economics, Vol. 55, pp. 36190.
  • Lyon, J., B. Barber and C. Tsai (1999), ‘Improved Methods for Tests of Long-Run Abnormal Stock Returns’, Journal of Finance, Vol. 54, pp. 165201.
  • Michou, M., S. Mouselli and A. W. Stark (2007), ‘Estimating the Fama and French Factors in the UK – An Empirical Review’, Manchester Business School Working Paper ( University of Manchester ).
  • Mitchell, M. L. and E. Stafford (2000), ‘Managerial Decisions and Long-Term Stock Price Performance’, Journal of Business, Vol. 73, pp. 287320.
  • Ritter, J. R. (1991), ‘The Long-Run Performance of Initial Public Offerings’, Journal of Finance, Vol. 46, pp. 327.
  • Schultz, P. (2003), ‘Pseudo Market Timing and the Long-Run Under-performance of IPOs’, Journal of Finance, Vol. 58, pp. 483518.
  • White, H. (1980), ‘A Heteroskedastic-Consistent Covariance Matrix Estimator and a Direct Test of Heteroskedasticity’, Econometrica, Vol. 48, pp. 81738.