As noted in Finance in Action, initial public offerings have now increased because long-term results are favored by shareholders and institutional investors.
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Q31: Corporate governance issues have become less important
Q32: The Sarbanes-Oxley Act reduced agency conflicts by
Q33: The Sarbanes-Oxley Act is primarily intended to
Q34: In terms of revenues and profits, the
Q35: To reduce the burden on small firms,
Q37: Institutional investors have had increasing influence over
Q38: Agency theory assumes that corporate managers act
Q39: Timing is not a particularly important consideration
Q40: The formation of a Subchapter S corporation
Q41: The primary market includes the sale of
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