Plausibly Exogenous [612] - Going Public (09/21/2021)
LHS Variable
Firm profitability
RHS Variable
Going public
Source of Exogenous Variation
Prior market returns as an instrument for going public decision
- Larrain, Phillips, Sertsios, and Urzua (2021), “The Effects of Going Public on Firm Performance and Commercialization Strategy: Evidence from International IPOs”