Showing 1 - 10 of 39
Persistent link: https://www.econbiz.de/10003290096
Persistent link: https://www.econbiz.de/10003290098
provide market liquidity as broker-dealers and traders in securities and derivatives markets, in loan syndication and sales … in producing funding liquidity because of their comparative advantage in managing funding liquidity risk. This advantage …
Persistent link: https://www.econbiz.de/10003729139
Persistent link: https://www.econbiz.de/10003337380
Persistent link: https://www.econbiz.de/10003337381
Persistent link: https://www.econbiz.de/10003790594
Persistent link: https://www.econbiz.de/10003415428
Persistent link: https://www.econbiz.de/10009492013
Persistent link: https://www.econbiz.de/10011334153
Clustering of IPO underwriting spreads at 7% poses two important puzzles: Is the market for U.S. equity underwriting services anti-competitive and why do equity underwriters invest in reputation-building? This study resolves both puzzles. Modeling endogeneity of firm-underwriter choice using a...
Persistent link: https://www.econbiz.de/10011334160