}}
== '''TO DO LIST-''' ==
Add stock ownership code to data
Link to "The U.S. Listing Gap" PDF - http://www.nber.org/papers/w21181.pdf
Notes-
Economist== '''Notes-''' == '''lit review from economist article-'''
http://www.economist.com/news/briefing/21709007-private-equity-has-prospered-while-almost-every-other-approach-business-has-stumbled
The standard explanation for why private equity might be expected to outperform the market is that it can ignore the dictates of “quarterly capitalism”—meaning impatient investors. This is not particularly convincing. The people who work for private-equity firms are a caffeinated bunch. During volatile times they often require constant updates on their portfolio companies’ results, and can intervene to quash even the most trivial use of cash.
'''Bloomberg View'''
https://www.bloomberg.com/view/articles/2015-06-24/where-have-all-the-publicly-traded-companies-gone-
Also references a paper that was what I wanted to cover.
Private Equity’s Unintended Dark Side: On the Economic Consequences of Excessive Delistings∗ Alexander Ljungqvist New York University, NBER, CEPR, and IFN Lars Persson Research Institute of Industrial Economics (IFN) and CEPR Joacim Tag˚ Research Institute of Industrial Economics (IFN) November 23, 2016
According to figures published in The Economist, one in four mid-sized firms and one in ten large firms in the U.S. are under PE ownership as of 2016, with one PE firm (Carlyle) employing 725,000 people, second only to Walmart.6
http://nvca.org/pressreleases/58-8-billion-in-venture-capital-invested-across-u-s-in-2015-according-to-the-moneytree-report-2/
M&A Rate is the cause of it all but other interesting questions remain-
https://www.bloomberg.com/view/articles/2015-06-24/where-have-all-the-publicly-traded-companies-gone-
https://www.bloomberg.com/view/articles/2015-03-17/world-has-a-deficit-of-high-quality-debt
Private Equity’s Unintended Dark Side: On the Economic Consequences of Excessive Delistings∗ Alexander Ljungqvist New York University, NBER, CEPR, and IFN Lars Persson Research Institute of Industrial Economics (IFN) and CEPR Joacim Tag˚ Research Institute of Industrial Economics (IFN) November 23, 2016
'''Exchange Codes'''
http://finabase.blogspot.com/2014/09/interantional-stock-exchange-codes-for.html
'''IPO Data'''
https://site.warrington.ufl.edu/ritter/ipo-data/
IPO historic underpricing
IPO Rate
http://www.renaissancecapital.com/ipohome/press/ipopricings.aspx
Next find delisting rate-
M&A Rate is the cause of it all but other interesting questions remain-
https://www.bloomberg.com/view/articles/2015-06-24/where-have-all-the-publicly-traded-companies-gone-
https://www.bloomberg.com/view/articles/2015-03-17/world-has-a-deficit-of-high-quality-debt
Exchange Codes
http://finabase.blogspot.com/2014/09/interantional-stock-exchange-codes-for.html
IPO Data
https://site.warrington.ufl.edu/ritter/ipo-data/