The matching of lead underwriters and issuing firms in the Japanese corporate bond market

The purpose of this paper is to examine the role of reputation in the matching of lead underwriters and issuing firms in the straight corporate bond market in Japan. While the existing literature already investigates how the issuing firm chooses its lead underwriter at the time of issue, this paper uses successive issues of straight corporate bonds to examine how the matching of lead underwriters and issuing firms changes over time.

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Year of publication:	2013
Authors:	McKenzie, C.R. ; Takaoka, Sumiko
Published in:	Mathematics and Computers in Simulation (MATCOM). - Elsevier, ISSN 0378-4754. - Vol. 93.2013, C, p. 86-97
Publisher:	Elsevier
Subject:	Corporate bonds \| Japan \| Matching \| Reputation \| Underwriter

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010870478