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Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations
behavior influenced banks' likelihood winning underwriting the strength of the issuer's investment banking
2011/11/1
We investigate whether analyst behavior influenced banks' likelihood of winning underwriting mandates for a sample of 16,625 U.S. debt and equity offerings in 1993--2002. We control for the strength o...
Much of what the charters of the International Monetary Fund and
World Bank say about purposes and objectives is out of date. The
current mandate of the IMF should be to reduce global risk to an
at...