Levis, Mario; Meoli, Michele; Migliorati, Katrin - In: Journal of Banking & Finance 48 (2014) C, pp. 13-28
This paper investigates the increase in underwriting fees for UK SEOs since the beginning of the financial crisis in mid-2007. We develop and test a number of hypotheses related to the role of institutional shareholders and underwriters involved in the issuing process. We find that the rise in...