Why Do Firms Go Public? The Role of the Product Market

Material TypeArticleLanguageEnglish
TitleWhy Do Firms Go Public? The Role of the Product Market Author(S)Abe de Jong (Author)
Abstract  This paper investigates the effect of product market characteristics on the decision to go public. When firms decide to go public or remain private, they trade off product market related costs and benefits. Costs arise from the loss of confidential information to competitors, e.g., in the IPO prospectus and subsequent mandated public disclosures ...Paginationp165–192
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Business Finance & Accounting  
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