Securities
Aug. 22, 2014
Less information means lower IPO prices, study claims
A new study by a trio of accounting professors suggests that reducing reporting requirements is contributing to market volatility and deflated offering prices among newly minted public companies.
Daily Journal Staff Writer
Since the passage of the Jobs Act in 2012, a flood of early-stage companies looking to conduct initial public offerings have relied heavily on a key provision of the landmark law that significantly relaxes pre-IPO disclosure requirements.
But a new study by a trio of accounting professors suggests that reducing reporting requirements hasn't just helped companies gain swifter access to public c...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In