Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability
收藏NBER2006-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12792
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资源简介：
We develop a model in which an entrepreneur learns about the average profitability of a private firm before deciding whether to take the firm public. In this decision, the entrepreneur trades off diversification benefits of going public against benefits of private control. The model predicts that
提供机构：
美国国家经济研究局
创建时间：
2006-12-01
