Small business of-interest, information to ponder, and trends to watch……. IPO and economics.
Excerpt…….If the reason that many small companies are not going public is because they will be more profitable as part of a larger organization, then policies designed to encourage companies to remain small and independent have the potential to harm the economy, rather than boost it. Not all EGCs should stay private or merge, however, and to the degree that excessive burdens associated with going public, and being public, result in less capital being raised and wisely invested, standards of living are lowered. I do not think that the bills being considered will result in a flood of companies going public. I do not think that these bills will result in noticeably higher economic growth and job creation.
Read full article……via Considering Causes and Remedies for Declining IPO Volume — The Harvard Law School Forum on Corporate Governance and Financial Regulation.
