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Routledge Revivals: The Efficiency of New Issue Markets (1992)

Jezik AngleščinaAngleščina
Knjiga Trda
Knjiga Routledge Revivals: The Efficiency of New Issue Markets (1992) McStay
Koda Libristo: 16809545
Založba Taylor & Francis Ltd, december 2017
First published in 1992, The Efficiency of New Issue Markets provides a theoretical discussion of th... Celoten opis
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First published in 1992, The Efficiency of New Issue Markets provides a theoretical discussion of the adverse selection model of the new issue market. It addresses the hypothesis that the method of distribution of new issues has an important bearing on the efficiency of these markets. In doing this, the book tests the efficiency of the Offer for Sale new issue market, which demonstrates the validity of the adverse selection model and contradicts the monopsony power hypothesis. This examines the relative efficiency of the new issue markets and in turn demonstrates the importance of distribution in determining relative efficiency. The book provides a comprehensive overview of under-pricing and through this assesses the efficiency of new issue markets.

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O knjigi

Polni naslov Routledge Revivals: The Efficiency of New Issue Markets (1992)
Avtor McStay, Kyran (Key Capital, Ireland)
Jezik Angleščina
Vezava Knjiga - Trda
Datum izida 2017
Število strani 144
EAN 9781138574908
ISBN 9781138574908
Koda Libristo 16809545
Založba Taylor & Francis Ltd
Teža 430
Mere 156 x 234

Kategorije

Economics, Finance, Business & Management > Finance & accounting > Finance > Corporate finance
Economics, Finance, Business & Management > Finance & accounting > Finance > Investment & securities
Economics, Finance, Business & Management > Economics > Econometrics & economic statistics
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