Graduation Year

Spring 2014

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Brock Blomberg

Terms of Use & License Information

Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 2014 Eric Michael Yee

Abstract

This paper examines the role of investment banks in initial public offerings. More specifically, we uncover whether or not bulge bracket banks, on average, more or less underprice IPOs than non-bulge bracket counterparts. Three different models are utilized to uncover the determinants of underpricing, with an emphasis on deal mechanics and quantitative measures of the going public firm.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff. It is not available for interlibrary loan. Please send a request for access through Contact Us.

Share

COinS