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). Japan experienced several deregulations of listing requirements in the late 1990s. We use a dataset that covers both public …
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During the past two decades, there has been a dramatic change in IPO activity around the world. Though vibrant IPO activity, attributed to better institutions and governance, used to be a strength of the U.S., it no longer is. IPO activity in the U.S. has fallen compared to the rest of the world...
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