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Initial Public Offerings as a Web of Conflicts of Interest: An Empirical Assessment

Published online by Cambridge University Press:  23 January 2015

Dan R. Dalton ,
S. Trevis Certo  and
Catherine M. Daily
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Abstract:

While a ubiquitous phenomenon, initial public offerings (IPOs) have received no attention in the ethics literature. We provide an overview of a series of potential conflicts of interest that pervade the IPO process. We also report the results of an empirical assessment of IPOs and those elements that may inform a substantive moral hazard faced by key players in the period prior to and just after an IPO.

Type
Research Article
Information
Business Ethics Quarterly , Volume 13 , Issue 3 , July 2003 , pp. 289 - 314
Copyright
Copyright © Society for Business Ethics 2003

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