Quid pro quo? What factors influence IPO allocations to investors?
Using detailed information from a large sample of investment banks we test the determinants of IPO allocations. This research draws on data gathered by the UK Financial Conduct Authority, and covers 220 IPOs managed from the UK raising around $160bn. Detailed information on book-building is combined...
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| Format: | Conference item |
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European Financial data Institute
2016
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