Going Public: The Theory and Evidence on How Companies Raise Equity FinanceDuring its life, a company must make the critical decision of if, and when, to go public' by listing themselves on the stock exchange. Two anomalies are apparent: that companies taking this route systematically initially underprice their shares and that over the longer term they under perform other companies. This second edition of Going Public investigates these issues in a non technical manner. Author: Tim Jenkinson, Alexander Ljungqvist Publisher: