Managerial Agents Watching other Agents: Multiple Agency Conflicts Regarding Underpricing in IPO Firms
作者： Jonathan D. Arthurs , Robert E. Hoskisson , Lowell W. Busenitz , Richard A. Johnson
DOI: 10.5465/AMJ.2008.31767256
关键词: Corporate governance 、 Institutional investor 、 Finance 、 Principal–agent problem 、 Venture capital 、 Investment banking 、 Initial public offering 、 Underwriting 、 Incentive 、 Business
摘要: … IPOs to maintain strong ties with institutional investors. We develop theory on agent differences based on … with higher mortality at the two-year mark after IPO. Although a chi-square test …
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