Module 6
This week aims to answer the following questions:
- What drives a private firm to go public?
- What happens to firms after they go public?
Required and suggested readings
We will cover three papers and the institutional details required to understand them. Read these two papers and skim the articles on the week 6 reading list.
Ewens, M. and Farre-Mensa, J. (2020) ‘The Deregulation of the Private Equity Markets and the Decline in IPOs’, The Review of Financial Studies, 33(12), pp. 5463–5509.
Bernstein, S. (2015). Does going public affect innovation?. The Journal of finance, 70(4), 1365-1403.