productivity after going private, there is little evidence of difference-in-differences efficiency gains relative to peer groups of … firms to be myopic in a way that impacts efficiency, then going private (when myopia is eliminated) should cause U.S. firms … to improve their establishment level productivity relative to a peer control groups of firms. We find no evidence that …

others underperform. The post-issue performance is linked to the investment opportunity set of the issuing firms as well as … their choice of investments. In general, firms without good investment options will perform poorly. We extend this line of … research by studying the post-issue delisting pattern of market timing firms and the two subsets. Specifically, we research …