Investment Banking and Securities Issuance Name Institution Introduction Investment Banking and Securities Issuance are topics of great importance to the corporate world today. A security is a virtual financial instrument written manually or electronically that represents a particular monetary value and can be sold from one entity to the other. Indeed securities are a significant part of the market because they determine the decisions made by issuers intermediaries and investors. Investment banks play the intermediary role of establishing a connection between the issuers of securities and the investors who wish to procure these securities as investment vehicles. Without a doubt there is plenty of academic and financial literature concerning the subject matter of investment banking and issuing of securities. Nonetheless this paper focuses on the fifth chapter of the Handbook of the Economics of Finance on ‘Investment Banking and Securities Issuance’ written by Jay R. Ritter an author from positive results than if the company does an SEO which reduces the firms’ leverage. Conclusion In summary the paper gathers knowledge from different headquarters to bring a more significant contribution to the body of knowledge. It discusses in-depth details of the investment banking industry and illustrates the all-embracing effects of the decision and actions taken in the corporate world. With the great methodical framework applied in the presentation of information the paper achieves its goals and is of unquestionable relevance in the business world today. Indeed it is a paper that will significantly contribute to the academic literature even in the years to come. References Davies A. (2017). Brexit: UK warned it could lose 40 000 investment banking jobs. Retrieved from Independent: http://www.independent.co.uk. Reinholdson F. & Olsson H. (2012). The Separation of Commercial and Investment Banking: A Literature Review. University of Gothenburg: School of Business Economics and Law 30-39. [...]
Preparation/presentation of a paper Every student will be assigned one out of the eight papers from the reading list. S/he will have to be able to present the content of that paper at the corre-sponding appointment. The presentation of the paper is supposed to be an in-depth explanation of its contents. As such it may be necessary to consult some additional material. Emphasis should be put on the following aspects: 1) Why is the paper relevant? 2) What is the goal of the paper? 3) What is the methodical framework? 4) What are the main results/insights? The essay is individual work (documents are checked for plagiarism). The essay is expected to be 6 pages, +/- 1 page , (exclusive of front page, appendix, references, etc.) according to standard format (i.e. Times New Roman, 12 pt, 1.5 spacing). Substantial deviations lead to de-ductions. Objectives: Similar to the preparation of the presentation, the written essay should demonstrate that the author was able to acquire detailed knowledge about the content of the corresponding paper. Again, emphasis should be put on the aspects already mentioned in the previous section. Consulting additional material is not mandatory but strongly encouraged. Grading: For grading, the following criteria are important: Clear, concise structure (Is there a logical thread in the paper?), Originality (Is the author able to keep appropriate distance to the literature used?), Good scientic stand-ards (Did the author cite correctly?