Choking the Recovery: Why New Growth Companies Aren't Going Public and Unrecognized Risks of Future Market Disruptions

Choking the Recovery: Why New Growth Companies Aren't Going Public and Unrecognized Risks of Future Market Disruptions 

Ewing Marion Kauffman Foundation 
Bradley, Harold; Robert E. Litan

Examines how the proliferation of exchange-traded funds, which undermine the traditional price discovery role of exchanges, is deterring growth company initial public offerings. Critiques the Securities Exchange Commission's views and recommends reforms. 

Published: November 2010 
Funder(s): Ewing Marion Kauffman Foundation
Subject(s): Public Affairs 

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