Prior studies testing the relationship between initial public offering (IPO) returns and liquidity are mostly for the developed markets. The disperse ownership in the corporation and more well informed investors in the developed markets support their findings. On the other hand, the nature and...

Статья посвящена роли маркетингового инструментария в совершенствовании взаимодействия между компанией и инвесторами, что способствует комплексному...

Обеспечение устойчивого развития региона не может быть реализовано без модернизации механизма финансирования инвестиционных проектов инновационно активных...

According to the international practice IPO is one of the effective mechanisms of company capitalization increase, a financial sector including. In conditions of the resource restrictions caused by the world financial crisis, the majority of commercial banks should use IPO for capitalization...

Статья посвящена рассмотрению первичного публичного размещения с точки зрения возможностей в инвестиционном обеспечении инновационной деятельности. Автор...

A strategy of exiting from the business through the public market is touched upon. Interrelation of IPO market and M&A transactions market is studied. Objective and subjective reasons which have an impact on the efficiency of exit from the business though an IPO are revealed. Positive and...

The study investigates the price behavior after initial public offerings (IPOs) listed on the Warsaw Stock Exchange from 2004 to 2009. It focuses on possible explanations for the IPO phenomenon within the context of Poland and provides evidence on the relation between both the company size and...

The aim of this paper is to characterise the newly listed companies between 2002-2010 by analysing economic, financial and market criteria of the West Africa Stock Exchange. This study captures for the first time going public decision in a framework whereby how market authorities, listed...

This paper addresses the issue of the choice of the optimalinstrument to sell new shares, this choice being price versusquantity discrimination (rationing). Previous results in theliterature (Benveniste and Wilhelm, 1990) show that the issuing firmwould be better off if allowed to use both price...