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Stock market: many companies are choosing not to be listed – here's why

By Karl Schmedders, Professor of Finance, International Institute for Management Development (IMD)
Patrick Reinmoeller, Professor of Strategy and Innovation, International Institute for Management Development (IMD)

Stock markets reached all-time highs in 2021, bringing huge value to the companies riding the wave, even when you allow for the dip in recent weeks. We are also in the midst of a boom year for flotations, with many boards taking advantage of investor enthusiasm for shares.…

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