Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital
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In this paper we investigate potential conflicts of interest in the issuance of public securities in a setting analogous to a universal bank, i.e., the underwriting of initial public offerings by investment banks that hold equity in a firm through a venture capital subsidiary. We contrast two
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美国国家经济研究局创建时间：
1998-12-01
