Underwriting services and the new issues market / George J. Papaioannou, Ahmet K. Karagozoglu.
| Author/creator | Papaioannou, George J. |
| Other author | Karagozoglu, Ahmet K. |
| Other author | Fabozzi, Frank J. |
| Format | Electronic |
| Publication Info | London, United Kingdom ; San Diego, CA : Cambridge, MA : Academic Press, an imprint of Elsevier, [2017] |
| Description | xvi, 316 pages ; 24 cm |
| Supplemental Content | Full text available from eBook - Finance 2017 [EBCF17] |
| Subjects |
| Contents | The underwriting business : functions, organization, and structure -- The new issues markets -- Regulation of the new issues market in the United State s-- The mechanics of the issuance process -- Aftermarket underwriting activities -- Underwriting costs and compensation -- Alternative offering methods in new issues markets -- Assessing the price performance of new issues -- Theories of new issue pricing -- The price and operating performance of initial public offerings -- The price and operating performance of seasoned equity offers, debt offers and other offerings -- The empirical evidence on underwriting spreads -- International offers : mechanics and performance -- The decision to issue securities -- Structuring securities offerings -- New issue decisions : the underwriter, syndicate, auditor, and legal counsel. |
| Abstract | Underwriting Services and the New Issues Market integrates practice, theory and evidence from the global underwriting industry to present a comprehensive description and analysis of underwriting practices. After covering the regulation and mechanics of the underwriting process, it considers economic topics such as underwriting costs and compensation, the pricing of new issues, the stock price and operating performance of issuing firms, the evaluation of new issue decisions, and an analysis of the many choices issuers face in structuring new issues.Unlike other books, it systematically develops a critical perspective about underwriting practices, both in the U.S. and international markets, and with a level of detail unavailable elsewhere and an approach that reveals how financial institutions deliver underwriting services. Underwriting Services and the New Issues Market delivers an innovative and long overdue look at security issuance. |
| General note | Foreword by Frank Fabozzi. |
| Bibliography note | Includes bibliographical references (pages 279-301) and index. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| LCCN | 2017939023 |
| ISBN | 9780128032824 (hbk.) |
| ISBN | 0128032820 (hbk.) |