...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...

... landscape of IPOs, focusing on market intermediation, retail investors, and the changing dynamics of public offerings. Drawing on contemporary research, we highlight key findings on IPO mechanisms, institutional investors, and SPACs, while identifying promising avenues for future research. By synthesizing...