Наукова періодика України | Economics, entrepreneurship, management | ||
Gemra K. IPO costs on the Polish capital market / K. Gemra // Economics, entrepreneurship, management. - 2019. - Vol. 6, Num. 2. - С. 41-46. - Режим доступу: http://nbuv.gov.ua/UJRN/EEM_2019_6_2_7 The effectiveness of IPO processes is a frequent research subject for finance scholars. This article examines the cost of such processes on the Warsaw Stock Exchange in 2008 - 2017 based on a sample of 136 companies. Research results indicate that IPO costs for transactions worth up to PLN 50m are significantly higher than for the remaining transactions and decline as the value of the IPO increases. At the same time, poor state of the WSE related to the absence of new capital and the loss of trust among investors due to events related to failure to comply with corporate governance mean that it may be difficult to see the return of a larger number of IPOs and the amount of equity raised in the upcoming years.The effectiveness of IPO processes is a frequent research subject for finance scholars. This article examines the cost of such processes on the Warsaw Stock Exchange in 2008 - 2017 based on a sample of 136 companies. Research results indicate that IPO costs for transactions worth up to PLN 50m are significantly higher than for the remaining transactions and decline as the value of the IPO increases. At the same time, poor state of the WSE related to the absence of new capital and the loss of trust among investors due to events related to failure to comply with corporate governance mean that it may be difficult to see the return of a larger number of IPOs and the amount of equity raised in the upcoming years. Цитованість авторів публікації: Бібліографічний опис для цитування: Gemra K. IPO costs on the Polish capital market / K. Gemra // Economics, entrepreneurship, management. - 2019. - Vol. 6, Num. 2. - С. 41-46. - Режим доступу: http://nbuv.gov.ua/UJRN/EEM_2019_6_2_7. Якщо, ви не знайшли інформацію про автора(ів) публікації, маєте бажання виправити або відобразити більш докладну інформацію про науковців України запрошуємо заповнити "Анкету науковця"
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