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We investigate the decisions of listed firms to go private once again. We start by revealing that while a significant number of firms which go public is VC-backed, an overproportional share of these VC-backed firms go private later on (they stay on the exchange for an average of 8.5 years). We...
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Purpose: This study aims to improve the understanding of the relationship between organizational slack and firm performance for high technology initial public offerings (IPOs). Design/methodology/approach: Using cluster analysis the paper investigates configurations of slack and their associated...
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