...Christina Tupper; Mark Mallon Purpose The authors seek an answer to the research question: how do the disclosure of the intended use of initial public offering (IPO) proceeds and firm characteristics jointly influence IPO performance? Design/methodology/approach Data on the use of proceeds...

... should be able to offer strategic directions that would create value and increase the company’s reputation (Bertoni et al., 2014). At the time of an IPO, the functional role of the board is particularly important (Mak and Roush, 2000), because an IPO, with the ultimate motive for growth...