Going public is exciting and it often involves an evolution of some of your governance practices to match what is required – or expected – of your company now that it’s subject to SEC rules and stock exchange listing standards. But that evolution likely represents just the first steps towards joining the governance world inhabited by companies that have been publicly traded for a long time. How do the governance practices of a newly public company typically change after one year? Three years? Five?
Available on Cooley’s “IPO GO,” here is the inaugural “Post-IPO Governance” report that weighs in at 71 pages. Chock full of data, the report provides a unique view into how newly public companies structure their governance during the formative period after an IPO. I haven’t seen anything else like it – and I know first-hand that it took a long time to put this together.
Analyzing a broad multi-year dataset, the report highlights key trends, benchmarks and emerging pressures – offering insights into company maturity, investor type, industry patterns and governance approaches in a rapidly evolving environment. The report should help both pre-IPO companies anticipate what lies ahead – and offer already-public companies valuable context for evaluating their own governance practices.
Authored by
Broc Romanek