Wiley Encyclopedia of Management 2015
DOI: 10.1002/9781118785317.weom030056
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Initial Public Offerings and New Ventures

Abstract: The nature of initial public offerings (IPOs) is examined, together with the benefits derived from pursuing an IPO. The typical steps involved with an IPO are summarized. Key trends surrounding IPOs are explored, including the tendency for shares to be under‐priced and for the firm that goes public to subsequently under‐perform. A number of avenues for further research on IPOs are suggested.

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Cited by 8 publications
(14 citation statements)
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“…Turning the attention to the use of management tools, the results also confirm that traditional management tools are still more frequently used, compared to others in our study. Thus confirming their effectiveness [ 24 , 31 , 74 ] and their benefits for organizational workings and success [ 19 , 78 ]. On the contrary, more contemporary management tools meant for supporting technological advances of organizational workings are not as frequently used.…”
Section: Discussionmentioning
confidence: 68%
See 1 more Smart Citation
“…Turning the attention to the use of management tools, the results also confirm that traditional management tools are still more frequently used, compared to others in our study. Thus confirming their effectiveness [ 24 , 31 , 74 ] and their benefits for organizational workings and success [ 19 , 78 ]. On the contrary, more contemporary management tools meant for supporting technological advances of organizational workings are not as frequently used.…”
Section: Discussionmentioning
confidence: 68%
“…[ 24 , 69 ]. The second group of management tools is more contemporary, formed with tools such as Radio Frequency Identification (RFID), lean manufacturing, rapid prototyping, or six sigma [ 74 ]. The origin of these contemporary management tools is two-fold: They were either needed for the support of information technology-related aspects, or they were developed to complement and enhance their predecessors, more traditional management tools [ 29 ].…”
Section: Theoretical Background and Hypotheses Developmentmentioning
confidence: 99%
“…Some researchers state that it is the crucial factor of formulating, implementing and evaluating organizational strategy (cf. Analoui, Karami, 2002;Certo, Certo, 2012;Kemp, Dwyer, 2003;Pearce, David, 1987). Others stress the importance of mission statements for internal and external communication purposes.…”
Section: Mission Statement As An Expression Of Organizational Identitymentioning
confidence: 99%
“…Thus, management is the "process by which activities are completed efficiently and effectively, through and with the help of the work activities of others" [35] (p. 28). In the same sense, Certo's conceptualization of management emerges, as "the process of reaching organizational goals, by working with and through people, as well as with other organizational resources" [36] (p. 11).…”
Section: The Management Functionsmentioning
confidence: 99%