Hot market (Abenomics) impact on the time to IPO

Abstract

This study examines how the performance of startups during the time period up to their initial public offering (IPO) is affected by the macro environment, a topic that has not been given much consideration to date. Taking the end of 2012 (the beginning of Abenomics), when Japan's economic environment shifted to a hot market, as the transition point, we analyzed companies that did IPOs in terms of such variables as the target market, the attributes of the companies in the sample (type of entrepreneurship), and the date of their actual establishment. We found that for those companies operating in an economically favorable environment,

Analysis of TMT heterogeneity and IPO underpricing of listed companies in the low carbon economy sector: Evidence from China’s stock market

“…The study found that the average time from entrepreneurship to IPO is relatively long for companies operating in a favorable economic environment. This may be because the favorable economic environment and improved business conditions have stimulated startups that have been taking a wait-and-see attitude (Ichikohji et al, 2022). Its purpose is to avoid information asymmetry in the IPO market, ensure the information disclosure of 2.…”