The Impact of Underwriter’s Reputation on the Price of Capital, the Return and the Underwriter Selection


Bachelor Thesis, 2013

17 Pages, Grade: 8,0


Excerpt


Table of Contents

1. Introduction

2. How Reputation is Measured
2.1 Tombstone Announcement Measure
2.2 Market Share Measure

3. The Relationship between Underwriter Reputation and Issue Pricing
3.1 Overpricing, Underpricing and Asymmetric Information
3.2 The Underpricing Equilibrium
3.3 Price Support

4. Fees and Proceeds
4.1 Fees
4.2 Proceeds

5. Commercial vs. Investment Banks

6. How Are Underwriters Being Chosen and Why Do Companies Switch Underwriters?

7. Conclusion

8. List of References

Excerpt out of 17 pages

Details

Title
The Impact of Underwriter’s Reputation on the Price of Capital, the Return and the Underwriter Selection
College
Maastricht University  (School of Business and Economics)
Grade
8,0
Author
Year
2013
Pages
17
Catalog Number
V266032
ISBN (eBook)
9783656558392
ISBN (Book)
9783656558347
File size
684 KB
Language
English
Keywords
IPO, Initial Public Offering, Underwriter Premium, Underwriter, capital, cost of capital, return
Quote paper
Ricardo Falter (Author), 2013, The Impact of Underwriter’s Reputation on the Price of Capital, the Return and the Underwriter Selection, Munich, GRIN Verlag, https://www.grin.com/document/266032

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