A critical decision in the life of a company is 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 book investigates these issues in a non-technical manner, drawing upon international evidence from private sector companies and privatizations.
- ISBN10 0198290772
- ISBN13 9780198290773
- Publish Date 1 April 1997
- Publish Status Active
- Out of Print 5 August 2006
- Publish Country GB
- Publisher Oxford University Press
- Imprint Clarendon Press
- Format Hardcover
- Pages 182
- Language English