Going Public: The Theory and Evidence on How Companies Raise Equity Finance,Used

Going Public: The Theory and Evidence on How Companies Raise Equity Finance,Used

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Brand: OXFORD UNIVERSITY PRESS
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During its life, a company must make the critical decision of if, and when, to go public' by listing themselves on the stock exchange. Two anomalies are apparent: that companies taking this route systematically initially underprice their shares and that over the longer term they underperform other companies. This second edition of Going Public investigates these issues in a nontechnical manner.

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