This paper examines the role of investment banks in initial public offerings. More specifically, we uncover whether or not bulge bracket banks, on average, more or less underprice IPOs than non-bulge bracket counterparts. Three different models are utilized to uncover the determinants of underpricing, with an emphasis on deal mechanics and quantitative measures of the going public firm
Even though a large number of investment banks compete for initial public offerings (IPOs), we posit...
We posit that screening IPOs requires specialized labor which is in fixed supply. A sudden increase ...
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2004.Includes bibl...
This paper examines the role of investment banks in initial public offerings. More specifically, we ...
There has been evidence in the literature of the IPOs underpricing. This paper studies the relations...
This paper develops and tests two propositions. We demonstrate that there is a monotone relation bet...
This paper develops and tests two propositions. We demonstrate that there is a monotone relation bet...
We examine the relationship between investment banks\u27 initial public offering (IPO) market shares...
This study investigates that how investment banks select alternative valuation models to price Initi...
In this study we examine the underpricing of initial public offerings (IPOs) by firms that have priv...
This paper studies the pricing of IPOs in a tractable model in which an investment bank faces some i...
AbstractThe authors examine the literature with respect to the pricing of initial public offerings a...
This article examines underpricing of initial public offerings (IPOs) and seasoned offerings in the ...
This paper explores the link between IPO underpricing and financial markets. In my model the IPO is ...
For the period 1998 to 2004, the average first-day return on initial public offerings of common stoc...
Even though a large number of investment banks compete for initial public offerings (IPOs), we posit...
We posit that screening IPOs requires specialized labor which is in fixed supply. A sudden increase ...
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2004.Includes bibl...
This paper examines the role of investment banks in initial public offerings. More specifically, we ...
There has been evidence in the literature of the IPOs underpricing. This paper studies the relations...
This paper develops and tests two propositions. We demonstrate that there is a monotone relation bet...
This paper develops and tests two propositions. We demonstrate that there is a monotone relation bet...
We examine the relationship between investment banks\u27 initial public offering (IPO) market shares...
This study investigates that how investment banks select alternative valuation models to price Initi...
In this study we examine the underpricing of initial public offerings (IPOs) by firms that have priv...
This paper studies the pricing of IPOs in a tractable model in which an investment bank faces some i...
AbstractThe authors examine the literature with respect to the pricing of initial public offerings a...
This article examines underpricing of initial public offerings (IPOs) and seasoned offerings in the ...
This paper explores the link between IPO underpricing and financial markets. In my model the IPO is ...
For the period 1998 to 2004, the average first-day return on initial public offerings of common stoc...
Even though a large number of investment banks compete for initial public offerings (IPOs), we posit...
We posit that screening IPOs requires specialized labor which is in fixed supply. A sudden increase ...
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2004.Includes bibl...