Use of proceeds disclosures and initial public offerings: a systematic literature review and future research agenda

Key Points

• The review highlights critical themes and gaps in understanding proceeds disclosures from initial public offerings.
• Notable findings include varying regulatory approaches to financial reporting across jurisdictions, affecting investor perceptions.
• Systematic literature review adopted to analyze existing studies on proceeds disclosures and their implications for offerings.
• Future research could address identified gaps, facilitating improved regulatory compliance and investor trust in IPOs.