Share allocation in hybrid bookbuilding offerings : evidence from the Hong Kong main board
The bookbuilding method for taking companies public has been at the centre of public debate. The scandals regarding share allocation of heavily underpriced offerings in the US in the late 1990s and 2000 revealed that underwriters used their allocation discretion in exchange for their own interests t...
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University of Manchester
2006
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.621446 |