On the dynamics of matching between issuers and reputable underwriters in the chinese international bond market

Yuexia Li and Tai-Hu Ling and Ricky Chee Jiun Chia (2024) On the dynamics of matching between issuers and reputable underwriters in the chinese international bond market. Tuijin Jishu/Journal of Propulsion Technology, 45 (2). pp. 1-15. ISSN 1001-4055

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Abstract

We analyse employments of reputable underwriters in China of providing services in cross-border international bond offerings. Numerous previous studies have highlighted the important role of underwriter reputation in determining the successes of issuance. Bonds underwritten by reputable underwriters are considered ‘trustworthy’ or ‘safe’ by prospective investors, and hence the higher the reputation of the underwriters the more the investors will trust the information disclosed and the quality of the issuance. This study also examines the potential important determinants and will contribute to a better understanding of the Chinese international debt market in particular and the Chinese capital market in general

Item Type:	Article
Keyword:	China International bonds, underwriter reputation, banks, statistical regression.
Subjects:	H Social Sciences > HG Finance > HG1-9999 Finance > HG1501-3550 Banking H Social Sciences > HG Finance > HG1-9999 Finance > HG4501-6051 Investment, capital formation, speculation > HG4621 Stockbrokers. Security dealers. Investment advisers
Department:	FACULTY > Labuan Faculty of International Finance
Depositing User:	ABDULLAH BIN SABUDIN -
Date Deposited:	16 Apr 2025 10:37
Last Modified:	16 Apr 2025 10:37
URI:	https://eprints.ums.edu.my/id/eprint/43519

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