国际投资(英文版).pptVIP

Francis Ibbotson Chapter 6: The Global Stock Market * Administration Deals with legal issues associated with an IPO Helps obtain necessary government permissions Has the prospectus printed Makes public announcements Francis Ibbotson Chapter 6: The Global Stock Market * Underwriting An underwriter guarantees the issuer will receive a pre-specified amount of cash for the new securities Days or weeks from the time the underwriter buys the securities from the issuer till they sell the securities to the investors are very risky to underwriter Market conditions may fluctuate and underwriter may