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Author:Logue, D.E. (et al.)
Title:What is special about the roles of underwriter reputation and market activities in initial public offerings?
Journal:Journal of Business
2002 : APR, VOL. 75:2, p. 213-243
Index terms:INITIAL PUBLIC OFFERINGS
REPUTATION
UNDERWRITING
Language:eng
Abstract:This article examines the interaction between underwriter reputation and market activities during the initial public offering (IPO) process. Underwriter reputation is a significant determinant of premarket underwriter activities, weakly related to aftermarket price stabilization activities, and unrelated to issuer returns.
SCIMA record nr: 233720
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