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Bibframe Work

Title
Why do firms go public?
Type
Text
Subject
Going public (Securities)
Banks and banking--Ownership.
Genre Form
federal or national government publication
electronic resource
Language
English
Geographic Coverage
United States
Classification
LCC: HG2401 (Source: dlc)
Identified By
Lccn: 2006618117
Summary
"The lack of data on private firms has made it difficult to empirically examine theories of why firms go public. However, both public and private banks must disclose financial information to regulators. We exploit this requirement to explore the goingpublic decision. Our results indicate that banks that convert to public ownership are more likely to become targets than control banks that remain private. Banks that go public are also more likely to become acquirers than control banks. IPO banks grow faster than control banks after going public, although there is some evidence that their performance deteriorates."--Federal Reserve Bank of Chicago web site.
Authorized Access Point
Rosen, Richard Joseph. Why do firms go public?
Authorized Access Point Variant
Smart, Scott B. Why do firms go public?
Zutter, Chad J. Why do firms go public?
Federal Reserve Bank of Chicago. Research Department. Why do firms go public?