Why don't U.S. issuers demand European fees for IPOs?
We compare fees charged by investment banks for conducting IPOs in the United States and Europe. In recent years, the "7% solution," as documented by Chen and Ritter (2000), has become even more prevalent in the United States, and is now the norm for IPOs raising up to 250 million dollars....
Main Authors: | Abrahamson, M, Jenkinson, T, Jones, H |
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Format: | Journal article |
Published: |
Wiley
2011
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