Details about Kent Womack

This author is deceased (2015-08-04).

Access statistics for papers by Kent Womack.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pwo243

Working Papers

2010

1. Auctioned IPOs: The U.S. Evidence
   Post-Print, HAL View citations (16)
   Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2008)
   Other publications TiSEM, Tilburg University, School of Economics and Management (2009) View citations (1)
   Discussion Paper, Tilburg University, Center for Economic Research (2009) View citations (1)
   See also Journal Article Auctioned IPOs: The US evidence, Journal of Financial Economics, Elsevier (2010) View citations (31) (2010)

2007

2. Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding
   Post-Print, HAL View citations (27)
   See also Journal Article Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding, The Review of Financial Studies, Society for Financial Studies (2007) View citations (35) (2007)

2004

3. Quid Pro Quo in IPOs: Why Book-Building is Dominating Auctions
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
   Also in Working Papers, Fondazione Eni Enrico Mattei (2004) View citations (9)

2003

4. Auctions vs. Book-building and the Control of Underpricing in Hot IPO Markets
   Post-Print, HAL View citations (97)
   See also Journal Article Auctions vs. Bookbuilding and the Control of Underpricing in Hot IPO Markets, The Review of Financial Studies, Society for Financial Studies (2003) View citations (114) (2003)

2002

5. Wall Street’s Credibility Problem: Misaligned Incentives and Dubious Fixes?
   Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania View citations (15)

1994

6. Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
   See also Journal Article Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?, Journal of Finance, American Finance Association (1995) View citations (344) (1995)

Journal Articles

2023

1. Speed and Expertise in Stock Picking: Older, Slower, and Wiser?
   Journal of Financial and Quantitative Analysis, 2023, 58, (4), 1612-1644

2017

2. Do Earnings Estimates Add Value to Sell-Side Analysts’ Investment Recommendations?
   Management Science, 2017, 63, (6), 1855-1871 View citations (12)

2010

3. Auctioned IPOs: The US evidence
   Journal of Financial Economics, 2010, 98, (2), 177-194 View citations (31)
   See also Working Paper Auctioned IPOs: The U.S. Evidence, Post-Print (2010) View citations (16) (2010)

2007

4. Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding
   The Review of Financial Studies, 2007, 20, (4), 1021-1058 View citations (35)
   See also Working Paper Analyst Hype in IPOs: Explaining the Popularity of Bookbuilding, Post-Print (2007) View citations (27) (2007)

2006

5. Analysts, Industries, and Price Momentum
   Journal of Financial and Quantitative Analysis, 2006, 41, (1), 85-109 View citations (115)

2003

6. Auctions vs. Bookbuilding and the Control of Underpricing in Hot IPO Markets
   The Review of Financial Studies, 2003, 16, (1), 31-61 View citations (114)
   See also Working Paper Auctions vs. Book-building and the Control of Underpricing in Hot IPO Markets, Post-Print (2003) View citations (97) (2003)
7. Wall Street Research: Will New Rules Change Its Usefulness?
   Financial Analysts Journal, 2003, 59, (3), 25-29 View citations (2)

2002

8. Strategic IPO underpricing, information momentum, and lockup expiration selling
   Journal of Financial Economics, 2002, 66, (1), 105-137 View citations (141)

2001

9. Why do firms switch underwriters?
   Journal of Financial Economics, 2001, 60, (2-3), 245-284 View citations (149)

1999

10. Conflict of Interest and the Credibility of Underwriter Analyst Recommendations
    The Review of Financial Studies, 1999, 12, (4), 653-86 View citations (467)
11. The Persistence of IPO Mispricing and the Predictive Power of Flipping
    Journal of Finance, 1999, 54, (3), 1015-1044 View citations (105)

1996

12. Do Brokerage Analysts' Recommendations Have Investment Value?
    Journal of Finance, 1996, 51, (1), 137-67 View citations (491)

1995

13. Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?
    Journal of Finance, 1995, 50, (2), 573-608 View citations (344)
    See also Working Paper Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?, NBER Working Papers (1994) View citations (4) (1994)