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have a higher borrowing capacity than they would under privatization …
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there are clear improvements in performance post-privatization. The tiger can change its stripes; however, the government …
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We track firms at birth and compare the growth pattern of IPO firms and their birth-matched counterparts. Firms that are larger at birth with faster initial growth are more likely to attain a larger size later in life and go public. Firms in the top percentile of predicted propensity to go...
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