New thinking: The real reason IPOs are heading overseas

The conventional wisdom as of late has been that Sarbox and other compliance laws have pushed would-be issuers beyond the U.S. to Europe and Asia. It's a tempting conclusion. But there are other reasons as well. A recent report suggests that European markets are simply out more issuer-friendly. The costs of going public lower and the first-day rise in stock prices are much lower. Some countries are more aggressively promoting the idea of home-grown IPOs. So when it comes to capital formation of this sort, the U.S. may be lagging in significant ways.

> Read the article from Slate
> Here's some background from the FierceSarbox Web site.