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....

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Autors principals: Abrahamson, M, Jenkinson, T, Jones, H
Format: Journal article
Publicat: Wiley 2011