Kyran McStay

Routledge Revivals: The Efficiency of New Issue Markets (1992) (eBook, PDF)

• Format: PDF

Produktbeschreibung

First published in 1992, The Efficiency of New Issue Markets provides a comprehensive overview of under-pricing and through this assess the efficiency of new issue markets.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 148
• Erscheinungstermin: 5. Februar 2018
• Englisch
• ISBN-13: 9781351273039
• Artikelnr.: 54183387

Autorenporträt

Kyran McStay

Inhaltsangabe

1. The Efficiency of New Issue Markets: Introduction 2. The Adverse
Selection Model of the New Issue Market 3. Distribution and the Efficiency
of New Issue Markets 4. Testing the Efficiency of New Issue Markets 5.
Distribution and the Efficiency of New Issue Markets in the US and the UK
6. Summary and Conclusions Appendix 1: The Nature of the Information
Asymmetry Appendix 2: Mathematical Appendix Appendix 3: Hot Issue Markets