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.
|Original language||English (US)|
|Journal||Business Ethics Quarterly|
|State||Published - Jul 2003|
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Economics and Econometrics