Why Do Firms Become Widely Held? An Analysis of the ynamics of Corporate Ownership
收藏NBER2005-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11505
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资源简介：
We consider IPO firms from 1970 to 2001 and examine the evolution of their insider ownership over time to understand better why and how U.S. firms that become widely held do so. In our sample, a majority of firms has insider ownership below 20% after ten years. We find that a firm's stock market
提供机构：
美国国家经济研究局
创建时间：
2005-08-01
