Browsing Contracting and Organizations Research Institute (MU) by Title "Universal Banking and Conflicts of Interest: Evidence from German Initial Public Offerings"

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Universal Banking and Conflicts of Interest: Evidence from German Initial Public Offerings

Klein, Peter G.; Zoeller, Kathrin (Social Science Research Network, 2003-09)

This paper investigates conflicts of interest associated with relationship banking. Using a sample of 270 German initial public offerings (IPOs), we ask if universal-bankunderwritten IPOs perform differently from IPOs ...