Competition for Listings FOUCAULT, Thierry; PARLOUR, Christine A.

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FOUCAULT, Thierry ; PARLOUR, Christine A.
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RAND Journal of Economics
Securities listing -- Forecasts and trends; Management dynamics; Company business management
We develop a model in which stock exchanges compete for IPO listings. They choose the listing fees paid by entrepreneurs wishing to go public and control the trading costs incurred by investors ...
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