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The Decision to Delist from the Stock Market

Theory and Empirical Evidence of Going Private

  • Barbara Fidanza
  • Ottorino Morresi
  • Alberto Pezzi

Table of contents

  1. Front Matter
    Pages i-xi
  2. Ottorino Morresi
    Pages 1-88
  3. Back Matter
    Pages 173-177

About this book

Introduction

In an organized and organic way, this book covers all the possible theoretical and empirical facets of delisting, adding to the well-developed literature on IPOs. IPO and delisting are strictly related; the reasons for delisting may be found in the loss of the incentives that drove the firm to the public market in the past. However, the book presents unique motivations not directly related to the IPO decision. This book covers what the existing literature has not in focusing on specific aspects such as market liquidity and microstructure, listing costs, market for corporate control, corporate governance issues and so on. Of interest to academics and students, this contribution puts all pieces in order and finds a thread that can link each theory to the others.

Keywords

Initial Public Offering IPOs Stock Market Going Private Delisting Institutional investors Securities exchange Public markets

Authors and affiliations

  • Barbara Fidanza
    • 1
  • Ottorino Morresi
    • 2
  • Alberto Pezzi
    • 3
  1. 1.Department of LawUniversity of MacerataMacerataItaly
  2. 2.Department of EconomicsRoma Tre UniversityRomeItaly
  3. 3.Department of Business StudiesRoma Tre UniversityRomeItaly

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-95049-5
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-95048-8
  • Online ISBN 978-3-319-95049-5
  • Buy this book on publisher's site