Introduction en bourse et croissance externe des PME françaises

Vivien Lefebvre and Anaïs Hamelin

Revue d'économie financière, 2020, vol. N° 138, issue 2, 317-336

Abstract: The initial public offering is a key step in a firm's growth process. However, few studies investigate the relationship between initial public offerings and firm's external growth strategy. Our results highlight that many French SMEs implement an external growth strategy after their listing, even if they don't have a previous acquisition experience, hereby suggesting a two-step growth strategy. Thus, financial and strategic decisions appear to be intermingled in the initial public offering context. Classification JEL : G10, G32, G34, L25.

JEL-codes: G10 G32 G34 L25 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_138_0317 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2020-2-page-317.htm (text/html)
free

Related works:
Working Paper: Introduction en bourse et croissance externe des PME françaises (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_138_0317

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().