Essays about: "underwriter reputation"

Found 5 essays containing the words underwriter reputation.

  1. 1. Opening the Black Box

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Mårten Liljeblad; Sebastian Hjorth; Axel Jidorf; [2022]
    Keywords : Initial Public Offering; Underwriting fee; IPO Gross Proceeds; Bookrunner; Nasdaq First North; Underwriter reputation; Venture capital; Offering size; Business and Economics;

    Abstract : Purpose The purpose of this study is to examine how underwriter reputation, VC-backing and offering size affected the fees paid to underwriters on Nasdaq First North during the time period 01-01-2021 to 31-12-2021. In doing so, the study aims to contribute to a more comprehensive theoretical understanding of the entire cost image associated with going public. READ MORE

  2. 2. A comparative study of the valuation of FinTech and Dot-Com companies

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Kaltrina Izairi; Thanaporn Amornthanomchoke; [2019]
    Keywords : Initial Public Offering; Merger and Acquisition; FinTech; Dot-Com; Underpricing; Abnormal Return; Business and Economics;

    Abstract : This master thesis examines the valuation of FinTech and Dot-Com companies by looking at the underpricing level of initial public offerings (IPOs) and the abnormal returns during the period surrounding the announcement date of merger and acquisitions (M&As). The sample consists of 234 IPO’s observations from 1995-2019 and 58 M&A’s deals from 2000-2019. READ MORE

  3. 3. IPO UNDERPRICING IN THE TECH SECTOR: IMPACT OF THE PROSPECTUS SUMMARY VARIABLES

    University essay from Göteborgs universitet/Graduate School

    Author : André Ricardo da Fonseca Gonçalves; [2018-07-04]
    Keywords : IPO; underpricing; prospectus; tech; book-to-market; gross proceeds; underwriter spread; dual-class shares; underwriter reputation;

    Abstract : Aiming to provide guidance to researchers regarding publicly available factors associated with tech IPO underpricing, this thesis investigates the impact of the information contained on the prospectus summary on underpricing. In a sample of 131 tech IPOs listed in the U.S. READ MORE

  4. 4. Underpricing of US FinTech IPOs

    University essay from Högskolan i Jönköping/IHH, Företagsekonomi

    Author : islam kobeisy; [2018]
    Keywords : FinTech; Underpericing; IPO; Ex-ante uncertainty;

    Abstract : This master thesis examines the effect of ex-ante uncertainty about the intrinsic value of US FinTech IPOs stock on the underpricing level. Baron (1982) Asymmetric information model and Beaty and Ritter (1986) the ex-ante uncertainty model were tested using regression analysis by selecting different proxies of ex-ante uncertainty (Firm Age and Market capitalization, IPO proceed and Number of uses of proceed, Venture backing and Underwriter reputation). READ MORE

  5. 5. Do Chinese underwriters grandstand to attract more firms when they are ready to go public?

    University essay from Handelshögskolan vid Umeå universitet

    Author : Jian Jiao; Xuan Guo; [2010]
    Keywords : Initial Public Offering; underpricing; Grandstanding hypothesis; Chinese stock market; underwriter;

    Abstract : The concept of grandstanding comes from Gompers (1996), in his article, he defined “to grandstand” as “to act or conduct oneself with a view to impressing onlookers”. The idea of grandstanding does not only apply solely to venture capital but also could apply to underwriters of IPOs industry as well. READ MORE