What incentives would the partners in an investment bank have to convert the firm into a public
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What incentives would the partners in an investment bank have to convert the firm into a public corporation? If becoming a public corporation increases the risk in investment banking, how do publicly traded investment banks succeed in selling stock to investors?
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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If an investment bank goes public it would have more ac...View the full answer
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Celia Benitez
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Related Book For 
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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