Shareholder Diversification and the Decision to Go Public

By Andriy Bodnaruk, Eugene Kandel, Massimo Massa, Andrei Simonov. 2008

112 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/94b3ccfc4283252114378dc9e6251ae33f7aa148

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. M. Marchica
2. Roberto Mura
3. Mara Faccio
4. Omrane Guedhami
5. Narjess Boubakri
6. Walid Saffar
7. Luc Renneboog
8. V. Dang

In Finance

1. M. Marchica
2. Mara Faccio
3. Roberto Mura
4. V. Dang
5. Yao Lu
6. E. H. Kim
7. Tom Vanacker
8. Narjess Boubakri

Citations in the corpus

• Large Shareholder Diversification and Corporate Risk-Taking (2010, methodology): “8 For this reason, the Herfindhal Index is also commonly used to measure portfolio diversification (e.g., Blume et al. 1974; Bodnaruk et al. 2008 ; Goetzmann and Kumar 2008).”
• Strategic IPOs and product market competition (2011, unknown): “, Hansen and Lott (1996), Moskowitz and Vissing-Jørgensen (2002), Bodnaruk et al. (2008)), we assume that unlike public firms, which are owned by fully diversified investors, each private firm is owned by a single entrepreneur.”
• Entrepreneurial Learning, the Ipo Decision, and the Post-Ipo Drop in Firm Profitability (2009, unknown): “This motive is empirically important according to Bodnaruk et al (2006), who find that firms held by less diversified shareholders are more likely to go public.”