Going public and initial public offering : an exploratory study of motives from Serbian companies

Marinković, Srđan and Ljumović, Isidora and Stojković, Dragan (2012) Going public and initial public offering : an exploratory study of motives from Serbian companies. Industrija: časopis za ekonomiku industrije, 40 (2). pp. 125-143. ISSN 0350-0373

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Abstract

The paper explores motives for and against going public, from the insider point of view. We employed tailor-made structured questionnaire
framework to analyze advantages and disadvantages as perceived by
CEO/controlling owners. Responses point out that most companies’ insiders
sees going public as being potentially beneficial strategy in terms of financial
restructuring, efficiently combining its business to strategic alliances, possibility
to divest, visibility and image of the company. The overall positive impression is
offset with some disadvantages: costs and risks imposed to those who going
public. Moreover, the sample is stratified in order to gain insights into how four
companies’ features influence the relative importance of the motives pro et
contra going public. Finally, correlation matrix is employed to assess how
logically robust are the responses.

Item Type:	Article
Additional Information:	COBISS.ID=512959324
Uncontrolled Keywords:	going public, initial public offering, stock exchange listing, enterprise strategy, financial restructuring
Research Department:	?? H1 ??
Depositing User:	Jelena Banovic
Date Deposited:	18 Oct 2016 13:15
Last Modified:	18 Oct 2016 13:15
URI:	http://35.240.28.64/id/eprint/800
Author Links:	[error in script] No links available.

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