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Why do firms switch underwriters

Authors :
Krigman, Laurie
Shaw, Wayne H.
Womack, Kent L.
Source :
Journal of Financial Economics. May-June, 2001, Vol. 60 Issue 2-3, p245, 40 p.
Publication Year :
2001

Abstract

This survey show that firms who switched underwriters within 3 years of their initial public offerings did so because the new underwriters had a higher reputation or made available to them additional and influential analyst coverage.

Details

ISSN :
0304405X
Volume :
60
Issue :
2-3
Database :
Gale General OneFile
Journal :
Journal of Financial Economics
Publication Type :
Academic Journal
Accession number :
edsgcl.76490060