Do Firms Go Public to Raise Capital?

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Woojin Kim; Michael Weisbach;
  • Subject:
    • jel: jel:F3 | jel:G3

This paper considers the question of whether raising capital is an important reason why firms go public. Using a sample of 16,958 initial public offerings from 38 countries between 1990 and 2003, we consider differences between firms that sell new, primary shares to the... View more
  • References (12)
    12 references, page 1 of 2

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