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Why Do Companies Go Public? An Empirical Analysis

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NBER1995-11-01 更新2025-01-04 收录
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This paper empirically analyzes the determinants of an initial public offering (IPO) and the consequences of this decision on a company's investment and financial policy. We compare both the ex ante and the ex post characteristics of IPOs with those of a large sample of privately held companies of

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1995-11-01
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