File Download
There are no files associated with this item.
Links for fulltext
(May Require Subscription)
- Publisher Website: 10.1561/0500000050
- Scopus: eid_2-s2.0-85036587731
- Find via
Supplementary
-
Citations:
- Scopus: 0
- Appears in Collections:
Article: Initial public offerings: A synthesis of the literature and directions for future research
Title | Initial public offerings: A synthesis of the literature and directions for future research |
---|---|
Authors | |
Issue Date | 2017 |
Citation | Foundations and Trends in Finance, 2017, v. 11, n. 3-4, p. 154-320 How to Cite? |
Abstract | The purpose of this monograph is to provide an overview of the IPO literature since 2000. The fewer numbers of companies going public in recent years has raised many questions regarding the IPO process, in both academic and regulatory circles. As we all strive to understand these changes in the market, it is especially important to understand the dynamics underlying the IPO process. If the process of going public is too costly or the IPO mechanism is plagued by too many conflicts of interest among the various intermediaries, then private companies may rationally choose other methods of raising capital. In a related vein, it is imperative that new regulations not be based on research focusing solely on large, more mature firms. Newly public firms have unique characteristics, and an increased understanding of such issues will contribute positively to well-functioning public markets and further growth of the entrepreneurial sector. We also provide a detailed guide to researchers on how to obtain a research-quality sample of IPOs, from standard data sources. Related to this, we tabulate important corrections to these standard data sources. |
Persistent Identifier | http://hdl.handle.net/10722/326143 |
ISSN | 2023 SCImago Journal Rankings: 8.051 |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Lowry, Michelle | - |
dc.contributor.author | Michaely, Roni | - |
dc.contributor.author | Volkova, Ekaterina | - |
dc.date.accessioned | 2023-03-09T09:58:20Z | - |
dc.date.available | 2023-03-09T09:58:20Z | - |
dc.date.issued | 2017 | - |
dc.identifier.citation | Foundations and Trends in Finance, 2017, v. 11, n. 3-4, p. 154-320 | - |
dc.identifier.issn | 1567-2395 | - |
dc.identifier.uri | http://hdl.handle.net/10722/326143 | - |
dc.description.abstract | The purpose of this monograph is to provide an overview of the IPO literature since 2000. The fewer numbers of companies going public in recent years has raised many questions regarding the IPO process, in both academic and regulatory circles. As we all strive to understand these changes in the market, it is especially important to understand the dynamics underlying the IPO process. If the process of going public is too costly or the IPO mechanism is plagued by too many conflicts of interest among the various intermediaries, then private companies may rationally choose other methods of raising capital. In a related vein, it is imperative that new regulations not be based on research focusing solely on large, more mature firms. Newly public firms have unique characteristics, and an increased understanding of such issues will contribute positively to well-functioning public markets and further growth of the entrepreneurial sector. We also provide a detailed guide to researchers on how to obtain a research-quality sample of IPOs, from standard data sources. Related to this, we tabulate important corrections to these standard data sources. | - |
dc.language | eng | - |
dc.relation.ispartof | Foundations and Trends in Finance | - |
dc.title | Initial public offerings: A synthesis of the literature and directions for future research | - |
dc.type | Article | - |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1561/0500000050 | - |
dc.identifier.scopus | eid_2-s2.0-85036587731 | - |
dc.identifier.volume | 11 | - |
dc.identifier.issue | 3-4 | - |
dc.identifier.spage | 154 | - |
dc.identifier.epage | 320 | - |
dc.identifier.eissn | 1567-2409 | - |