Cressy, Robert C.; Farag, Hisham - 2013 - This version: December 2013
A competing risk hazard model is employed to examine the reasons for Hong Kong's Growth Enterprise (GEM) companies … stock moved up to the MB. The modal life expectancy of a GEM company was about eight years. Companies that did not move up … remained where they were. Regarding the factors behind transfer to the MB, of the 129 companies listed on the GEM in the period …