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Tournament incentives and IPO failure risk

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Published in 2021 at "Journal of Banking and Finance"

DOI: 10.1016/j.jbankfin.2021.106193

Abstract: Abstract This study tests the proposition that higher tournament incentives play a major role in lowering the failure risk of Initial Public Offerings (IPOs). Measuring tournament incentives as the pay gap between the CEO and… read more here.

Keywords: tournament incentives; tournament; incentives ipo; failure risk ... See more keywords