Investment Banking - Morrison, Alan D.; Wilhelm, William J. Jr.
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This book provides an economic rationale for the dominant role of investment banks in the capital markets, and uses it to explain both the historical evolution of the investment banking industry and also recent changes to its organization. It provides a fascinating insight into why investment banks exist and their prospects for the future.

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Produktbeschreibung
This book provides an economic rationale for the dominant role of investment banks in the capital markets, and uses it to explain both the historical evolution of the investment banking industry and also recent changes to its organization. It provides a fascinating insight into why investment banks exist and their prospects for the future.
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Autorenporträt
Alan Morrison's research is largely concerned with commercial and investment banking. His work has been published in the American Economic Review, the Journal of Financial Economics, the Journal of Business, the Journal of Business Finance and Accounting, the Scottish Journal of Political Economy, the Geneva Papers and Economics Letters. He worked for six years in management consultancy and investment banking before taking his doctorate in Oxford. Since 2000, he has been a University Lecturer at the Saïd Business School and a fellow of Merton College, University of Oxford. Professor Wilhelm's research focuses on investment banks and securities offerings. He has written extensively on initial public offerings and his work has been published in the American Economic Review; Journal of Finance; Journal of Financial Economics; The Review of Financial Studies; Journal of Financial Intermediation; Journal of Money, Credit, and Banking; Oxford Review of Economic Policy; and Journal of Applied Corporate Finance. Professor Wilhelm began his academic career in 1988 at the Wallace E. Carroll School of Management at Boston College. Before joining the McIntire School of Commerce at the University of Virginia in 2002, Professor Wilhelm held the American Standard Companies Chair in Management Studies at the Saïd Business School and was a Professorial Fellow of St Edmund Hall, University of Oxford, where he began serving as a visiting fellow in 1998.