# In an in-depth interview, Professor Alexander Ljungqvist discusses his research on companies that decide against going public

1 Faculty News November 4, 2015 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2015/11/05/business/dealbook/q-a-why-are-more-companies-passing-on-going-public.html?_r=0) -- "One of the big trends in the United States is that firms are turning their backs on the stock market. That has a number of causes, but one of which I think is important is this notion of short-termism. This is the idea that managers feel pressured to change the way they run their firms when they go public."

[Read more](http://www.nytimes.com/2015/11/05/business/dealbook/q-a-why-are-more-companies-passing-on-going-public.html?_r=0)

Additional coverage appeared on [The New York Times](http://www.nytimes.com/2015/11/05/business/dealbook/public-companies-trying-to-mimic-private-firms.html).