This study explores the relationship between board committees' independence and the
financial distress of firms in China and the UK. Akin to previous literature, we estimate this …

We examine how the composition and concentration of the underwriting syndicate affects
outcomes in US initial public offerings (IPOs) from 2002 to 2020. Most IPOs now feature …

We investigate the impact of the Covid-19 pandemic on global IPO underpricing. Using a
sample of 6113 IPOs from 32 countries, we find that firms issued during the pandemic have …

Using social network analysis, we examine China's equity underwriting network in the
context of initial public offerings (IPOs), and we show that network centrality significantly …

Grounded in team production and agency theory, we investigate investment bank
opportunism in the context of 466 foreign initial public offerings (IPOs) in US equity markets …

This study investigates the connection between network centrality and firm growth on a
sample of 3224 financial services firms located in the UK in the aftermath of the global …

Underwriters play a pivotal role in the IPO process. Information entropy, a tool for measuring
the uncertainty and complexity of information, has been widely applied to various issues in …

We provide empirical evidence on the bargaining power model proposed in Hu and Ritter
(2007) by examining the financial constraints channel on the direct and indirect cost of going …

Purpose This paper aims to investigate the impact of the underwriters' syndicate size (SS)
and its structure on underpricing (UP), oversubscription rate, liquidity and volatility. The …

Purpose Both issuing firms and underwriters shall benefit from the associations in
underwriting contracts for seasoned equity offerings (SEOs). Issuing firms that are offered …