Using a unique dataset consisting of firms that went public on the European and Asian Stock Exchanges between 2007 and 2011, firms that remain private over the same period and companies which have been listed for at least 10 years, we investigate whether going public is riskier than remaining...

Over the last decade, socially responsible investments (SRIs) have become paramount to both professionals and academics. In the aftermath of the financial crisis of 2007-8, practitioners have become much more involved in new financial models that integrate returns and positive social and...

This paper investigates whether equity analysts promote or discourage CSR by analysing a unique and distinctive dataset which uses an international sample of firms incorporated in 46 countries. To establish causality, we rely on two natural experiments, i.e. brokerage mergers and closures, which...

Purpose: The purpose of this paper is to investigate which cross-country characteristics influence the going-public decisions and how the cultural values of the countries affect initial public offering (IPO) firms’ profitability and risk of financial distress. Design/methodology/approach:...

Purpose: The purpose of this paper is to explore the relation between family involvement in ownership and the performance of private equity (PE)-backed SMEs. Design/methodology/approach: Using a sample of 533 European PE-backed SMEs (i.e. 107 PE-backed family SMEs and 426 PE backed non-family...