Bids and Allocations in European IPO Bookbuilding.

This paper uses evidence from a data set of 27 European IPOs to analyze how investors bid and the factors that influence their allocations. We also make use of a unique ranking of investor quality, associated with the likelihood of flipping the IPO. We find that investors perceived to be long-term h...

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Sonraí bibleagrafaíochta
Príomhchruthaitheoirí: Jenkinson, T, Jones, H
Formáid: Journal article
Teanga:English
Foilsithe / Cruthaithe: 2004

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