Examlex
Briefly discuss mechanisms that can be used to align the interests of shareholders and managers.
Initial Public Offering (IPO)
The process by which a private company offers shares of stock to the public for the first time to raise capital.
Underwriter
A professional or company that assesses and accepts the risk of another party, often used in insurance and securities issuing.
Initial Public Offering (IPO)
The first sale of stock by a company to the public, marking the transition from a private entity to a public company.
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