Showing 1 - 10 of 39,155
Persistent link: https://www.econbiz.de/10011926967
Persistent link: https://www.econbiz.de/10011972343
Persistent link: https://www.econbiz.de/10011429462
Persistent link: https://www.econbiz.de/10011429463
Persistent link: https://www.econbiz.de/10013288106
Persistent link: https://www.econbiz.de/10011619978
Persistent link: https://www.econbiz.de/10014384156
Persistent link: https://www.econbiz.de/10014391951
services anti-competitive and why do equity underwriters invest in reputation-building? This study resolves both puzzles … service differentiation based on underwriter reputation. High-reputation banks receive average reputational premia equaling 0 … issuers working with high-reputation underwriters receive significant benefits, including higher offer values and lower …
Persistent link: https://www.econbiz.de/10011334160
The paper proposes a novel direction to rationalize and quantify investors' flipping behavior and its effect on underpricing in IPOs through the use of a structural approach mode. The outcome is a proxy value that replicates investors' flipping behavior. When tested empirically, the model...
Persistent link: https://www.econbiz.de/10010258983