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A Theory of the Going-Public Decision Thomas J. Chemmanur; Paolo Fulghieri The Review of Financial Studies, Vol. 12, No. 2. (Summer, 1999), pp. 249-279. Stable URL: http://links.jstor.org/sici?sici=0893-9454%28199922%2912%3A2%3C249%3AATOTGD%3E2.0.CO%3B2-G The Review of Financial Studies is currently published by Oxford University Press. Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at http://www.jstor.org/journals/oup.html. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is an independent not-for-profit organization dedicated to and preserving a digital archive of scholarly journals. For more information regarding JSTOR, please contact [email protected]. http://www.jstor.org Thu Jan 25 15:55:37 2007

A Theory of the Going-Public Decision Thomas J ...nina.baranchuk/Fin7310/papers/...Investment Bank Reputation, Information Production, and Financial Intermediation Thomas J. Chemmanur;

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A Theory of the Going-Public Decision

Thomas J. Chemmanur; Paolo Fulghieri

The Review of Financial Studies, Vol. 12, No. 2. (Summer, 1999), pp. 249-279.

Stable URL:

http://links.jstor.org/sici?sici=0893-9454%28199922%2912%3A2%3C249%3AATOTGD%3E2.0.CO%3B2-G

The Review of Financial Studies is currently published by Oxford University Press.

Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available athttp://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtainedprior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content inthe JSTOR archive only for your personal, non-commercial use.

Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained athttp://www.jstor.org/journals/oup.html.

Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printedpage of such transmission.

JSTOR is an independent not-for-profit organization dedicated to and preserving a digital archive of scholarly journals. Formore information regarding JSTOR, please contact [email protected].

http://www.jstor.orgThu Jan 25 15:55:37 2007

You have printed the following article:

A Theory of the Going-Public DecisionThomas J. Chemmanur; Paolo FulghieriThe Review of Financial Studies, Vol. 12, No. 2. (Summer, 1999), pp. 249-279.Stable URL:

http://links.jstor.org/sici?sici=0893-9454%28199922%2912%3A2%3C249%3AATOTGD%3E2.0.CO%3B2-G

This article references the following linked citations. If you are trying to access articles from anoff-campus location, you may be required to first logon via your library web site to access JSTOR. Pleasevisit your library's website or contact a librarian to learn about options for remote access to JSTOR.

[Footnotes]

3 Information and Competitive Price SystemsSanford J. Grossman; Joseph E. StiglitzThe American Economic Review, Vol. 66, No. 2, Papers and Proceedings of the Eighty-eighthAnnual Meeting of the American Economic Association. (May, 1976), pp. 246-253.Stable URL:

http://links.jstor.org/sici?sici=0002-8282%28197605%2966%3A2%3C246%3AIACPS%3E2.0.CO%3B2-H

3 An Introduction to the Theory of Rational Expectations Under Asymmetric InformationSanford J. GrossmanThe Review of Economic Studies, Vol. 48, No. 4. (Oct., 1981), pp. 541-559.Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28198110%2948%3A4%3C541%3AAITTTO%3E2.0.CO%3B2-M

6 The Pricing of Initial Public Offerings: A Dynamic Model with Information ProductionThomas J. ChemmanurThe Journal of Finance, Vol. 48, No. 1. (Mar., 1993), pp. 285-304.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199303%2948%3A1%3C285%3ATPOIPO%3E2.0.CO%3B2-D

9 Financial Intermediation and Delegated MonitoringDouglas W. DiamondThe Review of Economic Studies, Vol. 51, No. 3. (Jul., 1984), pp. 393-414.Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28198407%2951%3A3%3C393%3AFIADM%3E2.0.CO%3B2-1

http://www.jstor.org

LINKED CITATIONS- Page 1 of 4 -

NOTE: The reference numbering from the original has been maintained in this citation list.

14 The Pricing of Initial Public Offerings: A Dynamic Model with Information ProductionThomas J. ChemmanurThe Journal of Finance, Vol. 48, No. 1. (Mar., 1993), pp. 285-304.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199303%2948%3A1%3C285%3ATPOIPO%3E2.0.CO%3B2-D

14 Rational Expectations, Information Acquisition, and Competitive BiddingPaul R. MilgromEconometrica, Vol. 49, No. 4. (Jul., 1981), pp. 921-943.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28198107%2949%3A4%3C921%3AREIAAC%3E2.0.CO%3B2-W

18 Investment Bank Reputation, Information Production, and Financial IntermediationThomas J. Chemmanur; Paolo FulghieriThe Journal of Finance, Vol. 49, No. 1. (Mar., 1994), pp. 57-79.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199403%2949%3A1%3C57%3AIBRIPA%3E2.0.CO%3B2-B

32 Monitoring and Reputation: The Choice between Bank Loans and Directly Placed DebtDouglas W. DiamondThe Journal of Political Economy, Vol. 99, No. 4. (Aug., 1991), pp. 689-721.Stable URL:

http://links.jstor.org/sici?sici=0022-3808%28199108%2999%3A4%3C689%3AMARTCB%3E2.0.CO%3B2-C

References

The Pricing of Initial Public Offerings: A Dynamic Model with Information ProductionThomas J. ChemmanurThe Journal of Finance, Vol. 48, No. 1. (Mar., 1993), pp. 285-304.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199303%2948%3A1%3C285%3ATPOIPO%3E2.0.CO%3B2-D

http://www.jstor.org

LINKED CITATIONS- Page 2 of 4 -

NOTE: The reference numbering from the original has been maintained in this citation list.

Investment Bank Reputation, Information Production, and Financial IntermediationThomas J. Chemmanur; Paolo FulghieriThe Journal of Finance, Vol. 49, No. 1. (Mar., 1994), pp. 57-79.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199403%2949%3A1%3C57%3AIBRIPA%3E2.0.CO%3B2-B

Financial Intermediation and Delegated MonitoringDouglas W. DiamondThe Review of Economic Studies, Vol. 51, No. 3. (Jul., 1984), pp. 393-414.Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28198407%2951%3A3%3C393%3AFIADM%3E2.0.CO%3B2-1

Monitoring and Reputation: The Choice between Bank Loans and Directly Placed DebtDouglas W. DiamondThe Journal of Political Economy, Vol. 99, No. 4. (Aug., 1991), pp. 689-721.Stable URL:

http://links.jstor.org/sici?sici=0022-3808%28199108%2999%3A4%3C689%3AMARTCB%3E2.0.CO%3B2-C

An Introduction to the Theory of Rational Expectations Under Asymmetric InformationSanford J. GrossmanThe Review of Economic Studies, Vol. 48, No. 4. (Oct., 1981), pp. 541-559.Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28198110%2948%3A4%3C541%3AAITTTO%3E2.0.CO%3B2-M

Information and Competitive Price SystemsSanford J. Grossman; Joseph E. StiglitzThe American Economic Review, Vol. 66, No. 2, Papers and Proceedings of the Eighty-eighthAnnual Meeting of the American Economic Association. (May, 1976), pp. 246-253.Stable URL:

http://links.jstor.org/sici?sici=0002-8282%28197605%2966%3A2%3C246%3AIACPS%3E2.0.CO%3B2-H

Rational Expectations, Information Acquisition, and Competitive BiddingPaul R. MilgromEconometrica, Vol. 49, No. 4. (Jul., 1981), pp. 921-943.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28198107%2949%3A4%3C921%3AREIAAC%3E2.0.CO%3B2-W

http://www.jstor.org

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NOTE: The reference numbering from the original has been maintained in this citation list.

Why Do Companies Go Public? An Empirical AnalysisMarco Pagano; Fabio Panetta; Luigi ZingalesThe Journal of Finance, Vol. 53, No. 1. (Feb., 1998), pp. 27-64.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199802%2953%3A1%3C27%3AWDCGPA%3E2.0.CO%3B2-Z

The "Hot Issue" Market of 1980Jay R. RitterThe Journal of Business, Vol. 57, No. 2. (Apr., 1984), pp. 215-240.Stable URL:

http://links.jstor.org/sici?sici=0021-9398%28198404%2957%3A2%3C215%3AT%22IMO1%3E2.0.CO%3B2-O

Insider Ownership and the Decision to Go PublicLuigi ZingalesThe Review of Economic Studies, Vol. 62, No. 3. (Jul., 1995), pp. 425-448.Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28199507%2962%3A3%3C425%3AIOATDT%3E2.0.CO%3B2-O

http://www.jstor.org

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NOTE: The reference numbering from the original has been maintained in this citation list.