Show simple item record

dc.contributor.authorCheffins, BR
dc.date.accessioned2018-11-08T00:30:32Z
dc.date.available2018-11-08T00:30:32Z
dc.date.issued2018-08-05
dc.identifier.issn0144-1027
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/284737
dc.description.abstractThe public company has historically been a crucial element of the American economy. Various predictions have been made recently that the public company’s future is bleak. This essay maintains these gloomy conjectures are erroneous. Companies leave the stock market by way of public-to-private buyouts with some regularity but large firms are rarely affected. Prosperous start-up companies are delaying joining the stock market but nevertheless usually end up in the public domain. There are considerably fewer public companies now than there were twenty years ago. Based, however, on the ratio of aggregate market capitalization to gross domestic product, the public company is currently as important relative to the U.S. economy as it ever have been, if not more so.
dc.description.sponsorshipMajor Research Fellowship, Leverhulme Trust
dc.subjectpublic companies
dc.subjectcorporate governance
dc.subjectprivate equity
dc.subjectinitial public offerings
dc.titleRumours of the Death of the American Public Company are Greatly Exaggerated
dc.typeArticle
prism.publicationDate2018
prism.publicationNameCompany Lawyer
dc.identifier.doi10.17863/CAM.32109
dcterms.dateAccepted2018-07-31
rioxxterms.licenseref.urihttp://www.rioxx.net/licenses/all-rights-reserved
rioxxterms.licenseref.startdate2018-08-03
dc.contributor.orcidCheffins, Brian [0000-0001-7417-7368]
rioxxterms.typeJournal Article/Review
pubs.funder-project-idLeverhulme Trust (MRF-2015-050)
cam.issuedOnline2018-08-05
rioxxterms.freetoread.startdate2019-08-03


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record