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Stock and Flows of Publicly Traded Companies (Report) (view source)
Revision as of 13:34, 21 September 2020
, 13:34, 21 September 2020no edit summary
{{Project|Has project output=|Has sponsor=McNair ProjectsCenter|Has title=Stock and Flows of Publicly Traded Companies (Report),|OwnerHas owner=Will Cleland,|StatusHas project status=ActiveTabled
}}
== '''To Do List''' ==
What are the returns of every stock in the data set over time? How do the returns of the merged/acquired stocks differ from others?
AUM of PE over time alongside market cap of NYSE, NASDAQ, AMEX with a breakdown of operating companies and financial companies.
Breakdown of why companies are delisting using SDC data
Breakdown of where companies are going using SDC data (Financial acquirers vs. integration) PE as a subset of financial acquirers
Do we want to look at another element by using VenturExpert to determine where are the startups going? IPO? Buyout? Failure? the story of a company bought and sold 7 times by PE co. for the report. Hypothesis: It is more efficient to have PE than public markets, but this comes with flaws, how does your average investor access the market, what does a PE bubble look like, does this stifle or improve innovation? == '''To Do Done List''' == Use permno as a key for CRSP Use every month to create delist codes redo graphs Pull Compustat data on Sales, TA, ... for merge with CRSP based on GVKEY Create Graph of trusts, REITs, and other investment vehicles over time IPOs per year
Add stock ownership code to data
== '''Notes''' ==
IPO data from Compustat is poor. Not every company has an IPO date and there could be selection bias if compustat removes companies.
The money flowing into PE continues to go up https://www.preqin.com/docs/reports/2016-Preqin-Global-Private-Equity-and-Venture-Capital-Report-Sample_Pages.pdf
Delisting in the NASDAQ was terrible in 1998 a lot of small businesses went down. Validates CRSP data http://articles.latimes.com/1998/nov/02/business/fi-38584
Delisting Codes here http://www.crsp.com/products/documentation/delisting-codes
== '''Lit Review''' ==
'''lit review from economist article-'''
IPO Rate
http://www.renaissancecapital.com/ipohome/press/ipopricings.aspx
Cool map of global market cap
http://www.marketwatch.com/story/heres-the-map-of-the-world-if-size-was-determined-by-market-cap-2015-08-12
