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Kim et al., 2010 - Google Patents

Are initial returns and underwriting spreads in equity issues complements or substitutes?

Kim et al., 2010

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Document ID
6318217501220828542
Author
Kim D
Palia D
Saunders A
Publication year
Publication venue
Financial Management

External Links

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 …
Continue reading at sites.rutgers.edu (PDF) (other versions)

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