As seen in the above chapters, there are several interesting aspects to examine in financial discretion around IPOs. Some are built on theoretical and empirical background while others were already identified in non-IPO settings by prior research. First, incentives for discretion in accounting items differ depending on time period around the IPO. In these years companies overstate, understate, or do not use any discretion in line items.


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Copyright information

© Springer Fachmedien Wiesbaden 2014

Authors and Affiliations

  • Peter Ising
    • 1
  1. 1.ZurichSwitzerland

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