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The Tying of Lending and Equity Underwriting

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NBER2004-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10491
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资源简介:
This article examines the practice of tying,' which occurs when an underwriter lends to an issuer around the time of a public securities offering. We examine whether there are efficiencies from tying lending and underwriting which lead to benefits for issuers and underwriters. We find evidence
创建时间:
2004-05-01
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