Interview of an underwriter needs and importance
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According to interview report,
There were 33 interviews conducted by the same moderator who took into account opinions of various people regarding the need and importance of an underwriter. The general response of the candidates/interviewee's matched to a great degree. It was generalized that, "underwriting helps to cut down the risks", "it acts as an insurance agent in the case of investment in proposed shares" and lastly that it leads to a company getting minimum subscription.
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Underwriters provide essential information about the issuing companies to the prospective investors and also advise them about various issues. They encourage people to save more and direct their savings in corporate securities. Thus, investors are also benefited through underwriting.
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