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