Past studies on public equity capital options concentrated on the financial or the institutional side of the process. The finance literature considered going public mainly as a way to access new sources of funds and to decrease the cost of capital. Within the family business field, most scholars...

Past research on initial public offerings suggests that the reputation of a company positively affects the success of the offering. Success is usually measured in financial terms as if the essence of the operation lay only in the short-term inflow of money. In this paper, we investigate...