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.
Original language | English (US) |
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Pages (from-to) | 289-314+413 |
Journal | Business Ethics Quarterly |
Volume | 13 |
Issue number | 3 |
State | Published - Jul 2003 |
Externally published | Yes |
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Philosophy
- Economics and Econometrics