The study investigates the syndicates for 154 Initial Public Offerings (IPOs) issued during the period 2002-07. The findings indicate that the syndicate size is significantly influenced by the prestige of the investment banks, initial day return, leverage, offer size, and ex ante uncertainty....

This paper is motivated by the apparent belief that risk and uncertainty surrounding an Initial Public Offering (IPO) have significant impact on underpricing. IPOs are underpriced on initial day to compensate for the risk inherent in it. While a list of risk proxies are suggested in literature,...

We examine the determinants of intercorporate investments for a sample of 127 firms listed in the National Stock Exchange (NSE) in India for the period 2015-2019. This research indicates that the investor firm's intercorporate investments are influenced by free cash flows, dividend yield,...