This study seeks to establish the determinants that affect the realization of a public offering of shares by companies in Chile. In the current Chilean context it can be seen that each time companies take more seriously and carefully the decision to go public and remain listed, becoming increasingly less frequent and more dependent on the economic climate.
Since going public is a useful way for projects financing without the use of debt or internal capital, understanding what factors influence this decision has value for companies that are thinking of using an IPO for its new investments or to grow as a company.
The central element of this work is to analyze the determinants that influence the decision to go public for companies in Chile, through data and financial ratios of a list of companies both traded and unlisted between the years 2002 to 2014.
Gracia Magallón, N., Gacitúa Rodríguez, H., & Jara Bertín, M. (2016). Determinants of the decision to go public for Business: The Case of Chile. Estudios De Administración, 23(1), 87–121. https://doi.org/10.5354/0719-0816.2016.56728
