Essays about: "Erik Audun Sørensen"

Found 1 essay containing the words Erik Audun Sørensen.

  1. 1. The Effect of Banking Relationships and Prospectus Transparency on IPO Underpricing

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Erik Audun Sørensen; Sebastian Holm; [2022]
    Keywords : IPOs; Banking relationship; Prospectus; Asymmetric information; Underpricing;

    Abstract : This paper investigates whether (1) pre-IPO banking relationships with a potential IPO underwriter, and (2) transparency in the "Use of Proceeds" section in the IPO prospectus, ameliorate asymmetric information problems behind IPO underpricing. If pre-IPO banking relationships and prospectus transparency generate and transmit information to the market, and thus reduce asymmetric information, firms with these characteristics should exhibit lower underpricing when going public. READ MORE