In this study we examine every Small Corporate Offering Registration available from the United States. Using 339 micro-IPOs from 33 states, we find support for the relevance of (1)offering marketing mechanisms and expenses; (2)geographic characteristics; (3)offering characteristics; (4)ownership and governance characteristics; (5)business characteristics; (6)firm marketing mechanisms; and (7)signaling factors.
Micro-IPO, Small Corporate Offering Registration, SCOR, signaling, entrepreneurship
Brau, James C. and Gee, Gardner
"Micro-IPOs: An Analysis of the Small Corporate Offering Registration (SCOR) Procedure with National Data,"
The Journal of Entrepreneurial Finance:
3, pp. 69-89.
Available at: http://digitalcommons.pepperdine.edu/jef/vol14/iss3/3