IPO Timing, Buyout Sponsors’ Exit Strategies and Firm Performance of RLBOs

This paper studies the impact of buyout sponsors’ IPO timing on the LBO restructuring process and subsequent exit strategies. I find that LBO duration is negatively related to hot IPO market conditions. Further, following IPOs, RLBOs with shorter LBO duration experience greater deterioration of perf...

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Bibliographic Details
Main Author: CAO, Jerry Xiaping
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2011
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/4578
https://ink.library.smu.edu.sg/context/lkcsb_research/article/5577/viewcontent/IPO_Timing_Buyout_Sponsors__Exit_Strategies_and_Firm_Performance.pdf
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Institution: Singapore Management University
Language: English
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