Best of the financial columnists
The public firm is alive and well
David Wighton
The Times
There has been much “hand-wringing” about the shrinking pool of public companies in the past 20 years, says David Wighton. “Doomsters” say that this trend has been bad for ordinary investors, who can’t access the private markets, and bad for the City, which is losing out on fees. Yet not only was there a “wave of flotations” around the world last year, but it seems that the situation may also have been “greatly exaggerated in
