Initial public offerings as a Web of conflicts of interest: An empirical assessment

Dan R. Dalton, S. Trevis Certo, Catherine M. Daily

Research output: Contribution to journalReview articlepeer-review

18 Scopus citations

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 languageEnglish (US)
Pages (from-to)289-314+413
JournalBusiness Ethics Quarterly
Volume13
Issue number3
StatePublished - Jul 2003
Externally publishedYes

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Philosophy
  • Economics and Econometrics

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