Campus Only Senior Thesis
Bachelor of Arts
© 2014 Eric Michael Yee
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.
Yee, Eric Michael, "The Cost of Going Bulge: A Comparative Analysis of Bulge Bracket and Non-Bulge Bracket Banks and their Impact on IPO Underpricing" (2014). CMC Senior Theses. 971.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.