Kim et al., 2010 - Google Patents
Are initial returns and underwriting spreads in equity issues complements or substitutes?Kim et al., 2010
View PDF- Document ID
- 6318217501220828542
- Author
- Kim D
- Palia D
- Saunders A
- Publication year
- Publication venue
- Financial Management
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Snippet
The objective of this paper is to analyze the joint behavior of underwriting spreads and initial returns on equity issues for a large sample of issues over a 21‐year period. Traditional empirical approaches to the determination of these direct and indirect issuing costs view …
- 230000000295 complement 0 title description 10
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