Why We Shouldn’t Worry About the Declining Number of Public Companies
Harvard Business Review
AUGUST 27, 2018
The number of listed firms can decline because of three developments: 1) bankruptcy, failure, or closure of listed firms, 2) delisting of firms going private or acquired, and 3) decrease in number of initial public offerings (IPOs). Chief finance officers increasingly question the ability of a day trader to value a digital company.
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