Bids and Allocations in European IPO Bookbuilding.

This Paper uses evidence from a dataset of 27 European IPOs to analyse how investors bid and the factors that influence their allocations. We have the complete books for these deals - amounting to 5540 bids - and so can analyse directly how bids and allocations are related. All these deals are priva...

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Autors principals: Jenkinson, T, Jones, H
Format: Working paper
Idioma:English
Publicat: CEPR 2002