Innovation Decreased by 40% at Technology Companies After They Went Public, Finds Stanford Graduate School of Business Study Leslie Kwoh at the Wall Street Journal reports that while many tech entrepreneurs dream of taking their companies public, they may want to think twice. While public offerings raise cash, new research suggests that IPOs can also result in stunted innovation at technology firms. Here’s more:
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Terri Eyden at AccountingWeb analyzes new research from the American Accounting Association and finds that M&A restatements are common. Excerpt: