The long-run behavior of debt and equity underwriting spreads

This paper is the first to look at the long-run (30-year) behavior of underwriting spreads in the markets for corporate equity and debt. Specifically, we analyze the determinants of underwriting spreads on corporate bond issues, secondary equity offerings and initial public offerings over the period 1970-2000.(...)

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Year of publication:	2003
Authors:	Kim, Dongcheol ; Palia, Darius ; Saunders, Anthony
Publisher:	Salomon Center <New York, NY>
Subject:	Langfristige Finanzierung \| long-term financing \| Faktoranalyse \| Eigenkapital

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Extent:	192512 bytes 48 p. application/pdf
Series:	Salomon Center for the Study of Financial Institutions <New York, NY> - Credit & Debt Markets Research Program - Publications Working Paper ; 2003,01
Type of publication:	Book / Working Paper
Language:	English
Classification:	Corporate finance and investment policy. Other aspects ; Management of financial services: stock exchange and bank management science (including saving banks) ; Individual Working Papers, Preprints ; USA
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005846819