When Private Companies Go Public

Entrepreneurs appear to become better managers of their businesses once those businesses go public: this means more attention to systematic planning, more reliance on other senior managers and directors, less secretiveness and longer time horizons. Isolates characteristics of growing firms compared to “stalled” firms and suggests ways for private companies to gain benefits like those public flotation would provide. Suggestions are designed to stimulate the positive influences of going public without disposal of privately held shares.