Book-Building
A dynamic pricing mechanism allowing underwriters to extract price-sensitive indications of interest from institutional funds to determine market-clearing offer prices.
Source: Econometric Assessment of IPO Underpricing and Information Asymmetry in Emerging Equity Markets: Evidence from State-Owned Enterprise Privatization (Academic research) · p.5
Reports that mention Book-Building
- Pricing Mechanism Evolution and Capital-Raising Efficiency in Emerging SME Equity Markets: Evidence from India's Book-Building TransitionAcademic research
- Mechanisms for Mitigating Conflicts of Interest Between Underwriters and Issuers in the IPO ProcessAcademic research
- Econometric Modeling of Price Formation and Underwriting Services Efficiency in Initial Public Offerings (IPOs)Academic research
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