SUBJECT INDEX
ADRs, 237, 240, 251, 253, 255, 292, 318, 321,
340
adverse selection, 173, 174, 237, 261, 266, 289,
290, 296, 300, 304, 305, 308, 310, 311,
313, 315, 322, 325, 331, 332, 359
adverse selection costs, 330
affiliated value, 107, 108, 137
agency conflicts, 379, 380, 417
agency costs, 170
agency problems, 150, 153, 158, 168, 171, 418
allocations, 380, 386, 389–396, 399, 400, 409,
412, 418
alpha, 347, 348, 351–355
analyst coverage, 248, 283, 284
analyst reputation, 283
announcement effects, 261, 269, 294, 297, 298,
315, 317, 321, 322, 324, 327, 330, 332,
334, 359
announcement returns, 313, 314, 323, 334
Annual Survey of Manufactures (ASM), 431,
432
ascending auction, 95, 103, 104, 106, 107, 114,
115, 118, 120
assets in place, 304, 311, 312, 325, 326, 332,
335, 360
asymmetric information, 148, 150, 172, 178,
261, 274, 287, 290, 295, 298, 304, 323,
324, 330, 357, 358
auction, 237, 245, 249–251, 380, 383, 418
bank underwritings, 64
bankruptcy, 76
bargaining power, 442, 458
Bayesian, 42, 57, 80
Bayesian self-selection, 57
behavioral approaches, 379, 380, 396, 412–418
behavioral biases, 379
behavioral explanation, 396, 412
behavioral theories, 379
best efforts, 245, 250
blockholder, 236, 262, 265, 289, 294, 295, 308
board of directors, 441
bookbuilding, 236, 247, 249–251, 286, 292,
380, 389–396, 406, 411–413
bookbuilding data, 394
bookbuilding theories, 393
book-to-market, 161, 162
boundaries of firms, 425
bounded rationality, 148, 169, 175, 178
business information tracking series (BITS),
432
buy-and-hold, 336, 341, 342, 344, 346calendar-time portfolios, 154
capital gains taxes, 288
career benefits, 440
career concerns, 151
cascades, 412, 413
catering, 147, 150–154, 156–158, 165–167,
177, 178
certification, 64, 190, 193, 196, 201, 239, 272,
286, 327, 357
closed-end fund, 149
commercial bank, 190, 192, 193, 195, 200, 207,
214
commisions,seeunderwriting fees, trading com-
missions
common value, 90, 97, 103–105, 108, 111, 115,
116, 118, 119, 121–123, 125, 126, 131
common-value auction, 103, 131
COMPUSTAT, 431, 432
Compustat industry segment (CIS) database,
430
conditional factor model, 354
conflicts of interests, 64, 190, 191, 193, 195,
200, 203, 211, 296, 297, 356
conflicts of interest and agency problems- between issuers and underwriters, 380, 381,
396–400, 417, 418 - between managers and share holders,seecon-
trol theories
conglomerate discount, 425, 426, 428, 433, 434
constraints on allocation, 391
control theories, 379, 408–412
convertible debt, 238, 251, 253, 260, 265, 282,
293, 294, 323, 324, 326, 344, 348, 360
convertible securities, 239, 289, 293–295
527