BUCKLAND, R.; YEOMANS, K.A. - In: Journal of Economic Studies 4 (1977) 1, pp. 59-66
Introduction In a recent article in this Journal Newbould, Stray and Wilson (1976) analysed the discounts or premiums on the price of newly issued equities by reference to the issue adviser. Their conclusions, based on a comparison between 1959–63 and 1969–73, were that (a) the most...