Competitive IPOs
Competition between investment banks for lead underwriter mandates in IPOs is fierce, but having committed to a particular bank, the power of the issuer is greatly reduced. Although information revelation theories justify giving the underwriters influence over pricing and allocation, this creates t...
| Autors principals: | , |
|---|---|
| Format: | Journal article |
| Idioma: | English |
| Publicat: |
Blackwell Publishing Ltd.
2009
|
Search Result 1
Search Result 2
Search Result 3
Search Result 4
