Corporate culture and IPOs
نویسندگان
چکیده
This study documents corporate culture at the time of initial public offering (IPO) and relationship between IPO firm financial performance. Based on a sample 1157 US firms that went 1996 2011 performance information through 2016, data provide strong evidence regional culture, industry characteristics, pre-IPO financing play key roles in explaining firm's cultural orientation. Moreover, indicate with highly competition- creation-oriented experience higher profitability less risk distress than other firms.
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ژورنال
عنوان ژورنال: European Financial Management
سال: 2023
ISSN: ['1468-036X', '1354-7798']
DOI: https://doi.org/10.1111/eufm.12423