Public Companies Trying to Mimic Private Firms

2015-11-04 New York Times

There is evidence that companies are avoiding going public ... Currently, 5,303 companies are listed on United States stock exchanges, down 35 percent from 20 years ago, writes New York Times quoting research by Alexander Ljungqvist, NYU and affiliated to IFN. Their finding is that “private firms invest substantially more than public ones on average, holding firm size, industry and investment opportunities constant.”

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