...Marc Deloof; Armin Schwienbacher; Silvio Vismara Initial Public Offerings (IPOs) have undergone significant transformations in recent decades, driven by regulatory changes, technological advancements, and the emergence of alternative methods for going public. This paper revisits the evolving...

...Elena Scali; Jonathan Taglialatela; Roberto Barontini The listing of a company through a Special Purpose Acquisition Company(SPAC) can offer several benefits compared to the traditional IPO process. However, there is no evidence on whether macroeconomic factors affect the choice between SPACs...

...Victoria Treßel I examine how a private firm’s decision to conduct an IPO changes during an IPO wave, comparing firms listing early during the wave (early movers) to those listing during the regular hot market period (hot issuers). Using an extensive sample of European private...