Table 2 Distribution of each Country's 1995–2019 IPO withdrawals
From: The impact of prestigious attorneys on IPO withdrawal in the global primary market
Country | Total listed IPOs | Total withdrawn IPOs | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Australia | 1957 | 235 | 0 | 0 | 0 | 0 | 0 | 3 | 10 | 8 | 4 | 18 | 16 | 14 | 16 |
Brazil | 185 | 60 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 6 |
Canada | 2155 | 152 | 0 | 0 | 0 | 0 | 0 | 4 | 6 | 7 | 1 | 6 | 10 | 12 | 13 |
China | 2817 | 593 | 0 | 0 | 0 | 1 | 2 | 3 | 6 | 1 | 2 | 11 | 23 | 27 | 23 |
Denmark | 80 | 8 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
France | 761 | 54 | 0 | 0 | 0 | 0 | 1 | 6 | 12 | 6 | 1 | 2 | 2 | 6 | 3 |
Germany | 832 | 76 | 0 | 0 | 0 | 1 | 4 | 12 | 13 | 7 | 4 | 4 | 4 | 4 | 4 |
Greece | 323 | 72 | 0 | 0 | 0 | 0 | 0 | 0 | 39 | 14 | 2 | 2 | 2 | 1 | 5 |
India | 1027 | 175 | 0 | 0 | 0 | 0 | 0 | 3 | 10 | 3 | 1 | 2 | 9 | 15 | 16 |
Indonesia | 313 | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 |
Italy | 344 | 81 | 0 | 0 | 0 | 0 | 0 | 6 | 10 | 11 | 4 | 2 | 3 | 4 | 3 |
Japan | 1992 | 41 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 3 | 2 | 3 | 2 | 4 | 2 |
Mexico | 56 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Poland | 790 | 79 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 1 | 1 | 2 | 1 | 2 | 14 |
Russia | 93 | 40 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 7 | 2 | 5 | 1 | 10 | 10 |
Saudi Arabia | 84 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 1 |
South Africa | 276 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 1 | 4 | 1 | 1 | 0 |
South Korea | 1275 | 51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 |
Sweden | 287 | 29 | 0 | 0 | 0 | 0 | 1 | 3 | 2 | 4 | 1 | 1 | 3 | 2 | 2 |
Turkey | 229 | 70 | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 1 | 2 | 9 | 3 | 8 | 5 |
United Kingdom | 2061 | 206 | 0 | 0 | 0 | 0 | 1 | 19 | 30 | 10 | 8 | 8 | 7 | 14 | 17 |
United States | 6375 | 1466 | 1 | 0 | 3 | 25 | 86 | 140 | 128 | 62 | 30 | 41 | 40 | 51 | 48 |
Total | 24,312 | 3533 | 1 | 1 | 4 | 28 | 96 | 207 | 290 | 148 | 68 | 123 | 131 | 182 | 190 |
Country | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Australia | 20 | 7 | 8 | 10 | 14 | 10 | 18 | 16 | 8 | 10 | 18 | 7 |
Brazil | 14 | 2 | 4 | 8 | 6 | 8 | 2 | 4 | 2 | 3 | 0 | 0 |
Canada | 10 | 8 | 18 | 28 | 9 | 12 | 8 | 0 | 0 | 0 | 0 | 0 |
China | 13 | 27 | 24 | 28 | 118 | 90 | 70 | 50 | 62 | 12 | 0 | 0 |
Denmark | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
France | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 4 | 0 | 0 | 0 |
Germany | 2 | 2 | 5 | 2 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
Greece | 2 | 1 | 1 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
India | 14 | 10 | 27 | 39 | 10 | 4 | 3 | 4 | 1 | 3 | 1 | 0 |
Indonesia | 3 | 2 | 2 | 1 | 1 | 2 | 2 | 1 | 0 | 0 | 0 | 0 |
Italy | 4 | 3 | 2 | 5 | 6 | 3 | 5 | 4 | 3 | 3 | 0 | 0 |
Japan | 4 | 1 | 2 | 2 | 2 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
Mexico | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Poland | 15 | 1 | 5 | 10 | 6 | 10 | 3 | 1 | 2 | 0 | 0 | 0 |
Russia | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Saudi Arabia | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
South Africa | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
South Korea | 2 | 3 | 4 | 2 | 3 | 3 | 3 | 7 | 6 | 11 | 3 | 0 |
Sweden | 2 | 3 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
Turkey | 1 | 1 | 6 | 9 | 4 | 3 | 4 | 2 | 0 | 0 | 0 | 0 |
United Kingdom | 10 | 3 | 11 | 14 | 5 | 10 | 13 | 4 | 7 | 11 | 4 | 0 |
United States | 66 | 39 | 40 | 44 | 160 | 125 | 140 | 117 | 48 | 17 | 11 | 4 |
Total | 187 | 119 | 163 | 205 | 352 | 291 | 273 | 213 | 143 | 70 | 37 | 11 |