Global Trends: U.S. IPO Market DeclinesY

被引:4
|
作者
Jensen, Marlin R. H. [1 ]
Marshall, Beverly B. [2 ]
Jahera, John S., Jr. [2 ]
机构
[1] Auburn Univ, Auburn, AL 36849 USA
[2] Auburn Univ, Finance, Auburn, AL 36849 USA
来源
关键词
D O I
10.1002/jcaf.21795
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
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? (C) 2012 Wiley Periodicals, Inc.
引用
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页码:17 / 28
页数:12
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