Why Do IPO Auctions Fail?
收藏NBER2006-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12151
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资源简介：
We document a somewhat surprising regularity: of the many countries that have used IPO auctions, virtually all have abandoned them. The common explanations given for the lack of popularity of the auction method in the US, viz., issuer reluctance to try a new experimental method, and underwriter
提供机构：
美国国家经济研究局
创建时间：
2006-04-01
