Global trends: U.S. IPO market declines

Global trends: U.S. IPO market declines

What happened to the global initial public offering (IPO) market after the Sarbanes‐Oxley Act was passed in 2002? Press reports suggest that Sarbanes‐Oxley made U.S. markets less competitive compared to the rest of the world‐causing a drop in IPOs. The authors argue that past heavy U.S. IPO activity...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:The Journal of Corporate Accounting & Finance 2012-09, Vol.23 (6), p.17-28
Hauptverfasser: Jensen, Marlin R.H., Marshall, Beverly B., Jahera, Jr, John S.
Format: Artikel
Sprache:eng
Schlagworte:
Initial public offerings
International finance
Public Company Accounting Reform & Investor Protection Act 2002-US
Statistical data
Trends
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:What happened to the global initial public offering (IPO) market after the Sarbanes‐Oxley Act was passed in 2002? Press reports suggest that Sarbanes‐Oxley made U.S. markets less competitive compared to the rest of the world‐causing a drop in IPOs. The authors argue that past heavy U.S. IPO activity created thousands of jobs‐and those days are gone. But who is to blame? Is increased regulation the cause? © 2012 Wiley Periodicals, Inc.
ISSN:1044-8136
1097-0053
DOI:10.1002/jcaf.21795