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Full-Text Articles in Law

The Effect Of The Jobs Act On Underwriting Spreads, Usha Rodrigues Jan 2014

The Effect Of The Jobs Act On Underwriting Spreads, Usha Rodrigues

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U.S. underwriting fees, or spreads, have somewhat inexplicably clustered around 7% for years, a phenomenon that some have suggested evidences implicit collusion. The goal of Title I the JOBS Act of 2012 was to make going public easier for smaller firms; certain provisions specifically should make the underwriters’ task less risky, and thus less expensive. Presuming these provisions are effective, then one would predict that underwriting spreads would decrease as the costs to the underwriter for a public offering declined. Admittedly the prior presumption is a big one: it may be that the JOBS Act reforms were largely ineffective, and …


Corporate Governance Theory And Review Of Board Decisions, Christopher M. Bruner Jan 2014

Corporate Governance Theory And Review Of Board Decisions, Christopher M. Bruner

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No abstract provided.


The Future Of The Affordable Care Act: Protecting Economic Health More Than Physical Health?, David Orentlicher Jan 2014

The Future Of The Affordable Care Act: Protecting Economic Health More Than Physical Health?, David Orentlicher

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No abstract provided.