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Professionalism Consequences Of Law Firm Investments In Clients: An Empirical Assessment, Royce De R. Barondes
Professionalism Consequences Of Law Firm Investments In Clients: An Empirical Assessment, Royce De R. Barondes
Faculty Publications
This article examines two principal hypotheses: Hypothesis 1: Law firm investments in clients diminish the extent to which those law firms require issuers to disclose adverse information in IPO prospectuses. Hypothesis 2: Those law firms that are willing to invest in their clients are generally less aggressive in requiring their clients, in their IPOs, to disclose adverse information in their IPO prospectuses.