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

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Going Public: The Theory and Evidence on How Companies Raise Equity Finance image
ISBN-10:

0198295995

ISBN-13:

9780198295990

Edition: 2
Released: Feb 15, 2001
Format: Hardcover, 256 pages
Related ISBN: 9780198290773

Description:

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 under-perform other companies. This second edition of Going Public investigates these issues in a non-technical manner.

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