haku: @author Puri, M. / yhteensä: 9
viite: 8 / 9
Tekijä: | Puri, M. |
Otsikko: | Commercial banks as underwriters: Implications for the going public process |
Lehti: | Journal of Financial Economics
1999 : OCT, VOL. 54:2/II, p. 133-163 |
Asiasana: | Banking Pricing Securities Stock markets USA |
Kieli: | eng |
Tiivistelmä: | This paper examines the effects of commercial bank entry into securities market. It provides a model for analyses. There is description of the underwriting decision for commercial bank and investment house, equilibrium decision of commercial bank and investment house, and firm choice btw. banks and public markets, rent extraction and intermediary coexistence. |
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