Aboody, David and Baruch Lev, 2000. Information Asymmetry, R&D, and Insider Gains, The Journal of Finance, 55: 2747-2766.
Allen, Franklin, and Gerald R. Faulhaber. 1989. Signaling by Underpricing in the IPO Market. Journal of Financial Economics 23: 303-323.
Barth, James, Gerard Caprio, and Ross Levine, 2004. Bank regulation and supervision: what works best?, Journal of Financial Intermediation, 13: 205 - 248.
Beck, Thorsten, Ash Demirgüc-Kunt, and Ross E. Levine. 1999. A New Database on Financial Development and Structure. World Bank Policy Research Working Paper No. 2146.
- Beck, Thorsten, Ash Demirgüc-Kunt, and Ross E. Levine. 2001. Law, Politics, and Finance. World Bank Policy Research Working Paper No. 2585.
Paper not yet in RePEc: Add citation now
Beck, Thorsten, Ash Demirgüc-Kunt, and Ross E. Levine. 2003. Bank Supervision and Corporate Finance. World Bank Policy Research Working Paper No. 3042.
Beck, Thorsten, Ash Demirgüc-Kunt, and Ross E. Levine. 2004. Law and Firms Access to Finance. World Bank Policy Research Working Paper No. 3194.
Benveniste, Lawrence M., Alexander Ljungqvist, William J. Wilhelm Jr., and Xiaoyun Yu. 2003. Evidence of Information Spillovers in the Production of Investment Banking Services. The Journal of Finance 58: 5 77-608.
Benveniste, Lawrence M., and Paul A. Spindt. 1989. How Investment Bankers Determine the Offer Price and Allocation of New Issues. Journal of Financial Economics 24: 343-36 1.
Bhattacharya, Utpah, and Hazem Daouk. 2002. The World Price of Insider Trading. Journal of Finance 57: 75-108.
Bushee, Brian, and Christopher Noe. 2000. Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility. Journal of Accounting Research 38, Supplemental: 171-202.
Bushman, Robert, Joseph Piotroski, and Abbie Smith. 2004. What determines Corporate Transparency? Journal ofAccounting Research 42: 207-252.
Caprio, Gerard, Luc A. Laeven, and Ross E. Levine. 2003. Governance and Bank Valuation. World Bank Working Paper No. 3202.
Carter, Richard B., and Steven Manaster. 1990. Initial Public Offerings and Underwriter Reputation. The Journal of Finance 45: 1045-1067.
Daouk, Hazem, Charles Lee, and David Ng. 2007. Capital market governance: How do security laws affect market performance? Journal of Corporate Finance 12: 560-593.
Demirgüc-Kunt, Ash, Torsten Beck, and Ross Levine, 2000. A New Database on the Structure and Development of the Financial Sector, World Bank Economic Review, 14: 597 - 605.
Doidge, Craig, Andrew Karohyi, and René Stuhz. 2004. Why do countries matter so much for corporate governance? European Corporate Governance Institute Finance Working Paper No. 50/2004.
Dreher, Axel. 2006. IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality. World Development 34: 5: 769-788.
Dyck, Alexander, and Luigi Zingahes, 2004. Private Benefits of Control: An International Comparison, Journal of Finance, 59: 537 - 600.
Fama, Eugene, and Kenneth French. 2001. Disappearing Dividends: Changing Firm Characteristics or Lower Propensity to Pay? Journal of Financial Economics 60: 3-43.
Fernández, Carmen, Eduardo Ley, and Mark F. J. Steel. 2001. Model uncertainty in crosscountry growth regressions. Journal of Applied Econometrics 16: 563-576.
- Gompers, Paul, and Josh Lerner. 2002. The Venture Capital Cycle. Cambridge, MA: MIT Press.
Paper not yet in RePEc: Add citation now
Grossman, Sanford, and Joseph Stiglitz. 1980. On the Impossibility of Informationally Efficient Markets. American Economic Review 70: 393-408.
Grossman, Sanford, and Oliver Hart, 1988. One Share/One Vote and the Market for Corporate Control. Journal of Financial Economics, 20: 175 - 202.
Guiso, Luigi, Paoha Sapienza, and Luigi Zingahes. 2006. Does Culture Affect Economic Outcomes? Journal of Economic Perspectives 20: 2: 23-48.
Guo, Hui, 2004. Limited Stock Market Participation and Asset Prices in a Dynamic Economy, Journal of Financial and Quantitative Analysis, 39: 495-5 16.
- Gwartney, James, and Robert Lawson. 2004. Economic Freedom of the World, Annual Report. http ://www. freetheworhd. com.
Paper not yet in RePEc: Add citation now
Hart, Oliver, 1995. Corporate Governance: Some Theory and Implications. The Economic Journal, 105: 678 - 689.
- Hoberg, Gerard. 2003. Strategic Underwriting in Initial Public Offerings. Working Paper, Yale University.
Paper not yet in RePEc: Add citation now
- Hohmstrom, Bengt, and Jean Tirohe. 1997. Financial Intermediation, Loanable Funds, and the Real Sector. Quarterly Journal of Economics 112: 663-69 1.
Paper not yet in RePEc: Add citation now
Hughes, Patricia J., and Anjan V. Thakor. 1992. Litigation Risk, Intermediation, and the Underpricing of Initial Public Offerings. Review of Financial Studies 5: 709-742.
Ibbotson, Roger G. 1975. Price Performance of Common Stock New Issues. Journal of Financial Economics 2: 23 5-272.
- International Country Risk Guide. 2004. The PRS Group, New York.
Paper not yet in RePEc: Add citation now
Jagannathan, Ravi and Ann Sherman. 2006. Why Do IPO Auctions Fail? Working Paper, University of Notre-Dame.
- Kehhoharju, Matti. 1993. The Winners curse, legal liability and the long run performance of initial public offerings. Journal of Financial Economics 34: 25 1-277.
Paper not yet in RePEc: Add citation now
La Porta, Rafael, Fhorencio Lopez-de-Sihanes, and Andrei Shheifer. 2002. Investor Protection and Corporate Valuation. Journal of Finance 57: 3: 1147-1170.
La Porta, Rafael, Fhorencio Lopez-de-Sihanes, and Andrei Shheifer. 2006. What Works in Securities Laws? The Journal of Finance 61: 1: 1-32.
La Porta, Rafael, Fhorencio Lopez-de-Sihanes, Andrei Shheifer, and Robert Vishny. 1998. Law and Finance. Journal of Political Economy 106:6: 1113-1156.
Leamer, Edward E. 1983. Lets take the con out of econometrics. American Economic Review 73: 31-43.
Leite, Tore. 2007. Adverse Selection, public information and underpricing in IPOs. Journal of Corporate Finance, forthcoming.
Levine, Ross E., and David Renelt. 1992. A sensitivity analysis of cross-country growth regressions. American Economic Review 82: 942-963.
Ljungqvist, Alexander, and William J. Wilhelm. 2003. IPO Pricing in the Dot-Com Bubble. Journal of Finance 58: 723-752.
- Ljungqvist, Alexander. 2006. IPO Underpricing. In Handbook of Empirical Corporate Finance, ed. B. Espen Eckbo, Amsterdam: North-Holland.
Paper not yet in RePEc: Add citation now
Loughran, Tim, and Jay R. Ritter. 2004. Why Has IPO Underpricing Increased Over Time. Financial Management 33: 5-37.
Loughran, Tim, Jay R. Ritter, and Kristian Rydqvist. 1994. Initial Public Offerings: International Insights. Pac~flc-Basin Finance Journal 2: 165-199.
Mauro, Paoho. 1996. The Effects of Corruption on Growth, Investment, and Government Expenditure. International Monetary Fund, IMF Working Paper WP/96/98, Washington, D.C.
Michehacci, Chaudio, and Javier Suarez. 2004. Business Creation and the Stock Market. Review of Economic Studies 71: 2: 459-48 1.
Pagano, Marco, Fabio Panetta, and Luigi Zingahes. 1998. Why Do Companies Go Public? An Empirical Analysis. Journal of Finance 53: 27-64.
Pandey, Anil, 2005, Initial Returns, Long Run Performance, and Characteristics of Issuers: Differences in Indian IPOs following fixed price and book building Processes, Working Paper, Indian Institute of Management.
Rajan, Raghuram. 1992. Insiders and Outsiders: the Choice between Informed and ArmsLength Debt. Journal of Finance 47: 1367-1400.
Reese, William, and Michael Weisbach, 2002. Protection of Minority Shareholder Interests, Cross-Listings in the United States, and Subsequent Equity Offerings. Journal of Financial Economics 66: 65-104.
Ritter, Jay R. 2003. Investment Banking and Securities Issuance. In Handbook of the Economics of Finance, ed. George M. Constantinides, Milton Harris, and René Stuhz, 255306. Amsterdam: North-Holland.
Rock, Kevin. 1986. Why New Issues Are Underpriced. Journal of Financial Economics 15: 187-212.
- Saha-i-Martin, Xavier, Gernot Doppehhofer and Ronald I. Miller. 2004. Determinants of longterm growth: A Bayesian averaging of classical estimates (BACE) approach. American Economic Review 94: 8 13-835.
Paper not yet in RePEc: Add citation now
- Saha-i-Martin, Xavier. 1997. I Just Ran Two Millions Regressions. American Economic Review 87: 178-183.
Paper not yet in RePEc: Add citation now
Sapienza, Harry, Sophie Manigart, and Wim Vermeir. 1996. Venture Capitalist Governance and Value-Added in Four Countries. Journal of Business Venturing 11: 43 9-470.
- Schwab, Klaus, Peter Conmelius, and Michael E. Porter, 1999. The Global Competitiveness Report. New York: Oxford University Press.
Paper not yet in RePEc: Add citation now
Shheifer, Andrei, and Daniel Wohfenzon. 2002. Investor Protection and Equity Markets. Journal of Financial Economics 66: 1: 3-27.
Shheifer, Andrei, and Robert Vishny, 1986. Large Shareholders and Corporate Control. Journal of Political Economy, 94:461-488.
Smarzynska, Beata K. and Shang-Jin Wei. 2000. Corruption and Composition of Foreign Direct Investment: Firm Level Evidence. NBER Working Paper No. 7969, National Bureau of Economic Research, Cambridge.
- Sturm, Jan-Egbert, and Jakob de Haan. 2001. How Robust is Saha-i-Martins Robustness Analysis. University of Groningen, mimeo.
Paper not yet in RePEc: Add citation now
Sturm, Jan-Egbert, and Jakob de Haan. 2005. Determinants of Long-term Growth: New Results Applying Robust Estimation and Extreme Bounds Analysis. Empirical Economics 30: 3: 597-617.
Temple, Jonathan. 2000. Growth Regressions and What the Textbooks Dont Tell You. Bulletin of Economic Research 52: 18 1-205.
Titman, Sheridan, and Brett Trueman. 1986. Information Quality and the Valuation of New Issues. Journal ofAccounting and Economics 8: 159-172.
Van der Goot, Tjahling. 2003. Risk, the quality of intermediaries and legal liability in the Netherlands IPO market. International Review of Law and Economics 23: 2: 121-140.
Welch, Ivo. 1989. Seasoned Offerings, Imitation Costs, and the Underpricing of Initial Public Offerings. Journal of Finance 44, 42 1-449.