Initial Public Offerings: An Analysis of Theory and Practice

257 citations recorded by the source corpus.

Citations in the corpus

Why Do Firms Use Private Equity to Opt Out of Public Markets (2010, unknown): “The spirit of the theory, i.e., the importance of value and control issues, are also highlighted in Brau, Francis, and Kohers (2003) and Brau and Fawcett (2006), who suggest that an IPO creates public shares for a firm that may be used as currency in acquiring other companies or in being acquired…”
Does Going Public Affect Innovation (2015, unknown): “Consistent with this evidence, a survey by Brau and Fawcett (2006) finds that CFOs that withdraw an IPO registration indicate that market conditions played a role in their decision.”
Initial Public Offerings: A synthesis of the Literature and Directions for Future Research (2018, unknown): “In a very interesting paper Brau and Fawcett (2006) use a survey method and ask 336 CFOs why firms go public. Strikingly, there is no evidence that a need for cash is the driving force behind the IPO decision. This result, that a need for cash does not show up as a dominant motive for going public, ”