The disappearing IPO puzzle: New insights from proprietary US Census data on private firms

TJ Chemmanur, J He, X Ren, T Shu - Available at SSRN 3556993, 2022 - papers.ssrn.com
The IPO volume in the US significantly declines after 2000, with more entrepreneurial firms
exiting through acquisitions rather than IPOs. Using proprietary US Census data on private …

Do innovator CEOs matter in IPOs?

Z Lin, W Wu, S Zheng - Accounting & Finance, 2024 - Wiley Online Library
This paper examines the impact of innovator CEOs on their firms' IPO underpricing, long‐run
performance and post‐IPO innovation. Firstly, we find that IPO firms led by innovator CEOs …