Determinants of Price Stabilization in IPOs
In the most common mechanism for price stabilization in IPOs, the underwriter distributes stocks in excess of what was contracted (overallotment) and eventually covers this short naked position by purchasing stocks in the secondary market (Aftermarket short covering , ASC). This mechanism can be use...
| Päätekijät: | , |
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| Aineistotyyppi: | Artikkeli |
| Kieli: | English |
| Julkaistu: |
Brazilian Society of Finance
2010-12-01
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| Sarja: | Revista Brasileira de Finanças |
| Aiheet: | |
| Linkit: | http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/2553/2129 |