Firms’ Age, Size, and IPO Performance across Sectors

This podcast episode explores a study that investigates the relationship between a company's age, size, sector, and its performance following an Initial Public Offering (IPO). The study finds that older, larger firms tend to outperform younger, smaller firms in the post-IPO period. This is attributed to factors such as a lengthier track record, more experienced management, and increased transparency. The study also highlights the positive correlation between firm size and post-IPO performance, as larger firms are able to raise more capital and exhibit superior performance.