Sponsor Credibility and Post-IPO Performances: Evidence from Private Equity & Venture Capital backed IPOs
As private equity (PE) and venture capital (VC) firms have become more active in taking companies public, questions around the credibility of these sponsors and their effect on post-IPO performance have grown in relevance. This study explores how different types of financial sponsors and their associated credibility influence stock returns following initial public offerings (IPOs). Using a sample
