Sökning: "Julian Kasturiarachchige"

Hittade 1 uppsats innehållade orden Julian Kasturiarachchige.

  1. 1. The Role of Independent Financial Advisors in the IPO Process

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Julian Kasturiarachchige; Janis von Zimmermann; [2019]
    Nyckelord :Financial Advisor; Initial Public Offering; Underpricing; Asymmetric Information;

    Sammanfattning : The European Initial Public Offering (IPO) market has seen an important innovation within the last decade: the increasing participation of Independent Financial Advisors (IFA) in the IPO process. Using data from 373 Western European IPOs between January 2012 and February 2019, this paper applies a multivariate regression model to examine the potential impact of IFAs on IPO underpricing, a phenomenon that refers to the persistence of significant, positive initial returns for shares issued in an IPO. LÄS MER