search query: @freeterm DISTRIBUTION OF FEES / total: 1
reference: 1 / 1
« previous | next »
| Author: | Torstila, S. |
| Title: | The distribution of fees within the IPO syndicate |
| Journal: | Financial Management
2001 : WINTER, VOL. 30:4, p. 25-43 |
| Index terms: | INITIAL PUBLIC OFFERINGS UNDERWRITING |
| Freeterms: | DISTRIBUTION OF FEES |
| Language: | eng |
| Abstract: | This paper examines the division of fees within the IPO underwriting syndicate using data on 4,186 US IPOs in the 1990s. Like the 7% gross spread, the standard contract of 20% management fee, 20% underwriting fee, and 60% selling concession has become more common in recent years. |
« previous | next »
SCIMA