Determinants of Going-Public Decision in an Emerging Market: Evidence from India

@inproceedings{Mayur2013DeterminantsOG,
  title={Determinants of Going-Public Decision in an Emerging Market: Evidence from India},
  author={Manas Mayur and Manoj Kumar},
  year={2013}
}
This study investigates the determinants of going-public decision of the Indian firms juxtaposing two related research issues: What ex-ante characteristics of going-public Indian firms differentiate them from those Indian firms that continue to remain private? What ex-post consequences of IPOs on firm characteristics influence their going-public decision? The analysis suggests that Indian firms go public to finance their growth, diversify owners’ risk, rebalance their capital structure, and… CONTINUE READING

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