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Policy Uncertainty and Innovation: Evidence from IPO Interventions in China

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NBER2018-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24657
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Public equity is an important source of risk capital, especially in China. The Chinese government has occasionally suspended IPOs, exposing firms already approved to IPO to indeterminate listing delays. The temporary bar on going public increases uncertainty about access to public markets for
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2018-05-01
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