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Problems of company financing via IPO in the Czech capital market

Author

Listed:
  • Tomáš Meluzín

Abstract

The present paper aims at research into the causes of the low interest of Czech companies in financing their activities through IPOs, research into implemented IPOs in the modern history of the Czech capital market, and an outline of perspectives of further development in this area. To achieve the specified aims, secondary research into relevant literature was carried out as well as primary research in Czech companies.

Suggested Citation

  • Tomáš Meluzín, 2008. "Problems of company financing via IPO in the Czech capital market," Ekonomika a Management, Prague University of Economics and Business, vol. 2008(4).
    • Handle: RePEc:prg:jnleam:v:2008:y:2008:i:4:id:50
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    References listed on IDEAS

    as
    1. Lowry, Michelle, 2003. "Why does IPO volume fluctuate so much?," Journal of Financial Economics, Elsevier, vol. 67(1), pages 3-40, January.
    2. Giancarlo Giudici & Stefano Paleari, 2003. "Should Firms Going Public Enjoy Tax Benefits? An Analysis of the Italian Experience in the 1990s," European Financial Management, European Financial Management Association, vol. 9(4), pages 513-534, December.
    3. James C. Brau & Stanley E. Fawcett, 2006. "Initial Public Offerings: An Analysis of Theory and Practice," Journal of Finance, American Finance Association, vol. 61(1), pages 399-436, February.
    4. repec:bla:jfinan:v:53:y:1998:i:1:p:27-64 is not listed on IDEAS
    5. Jenkinson, Tim & Ljungqvist, Alexander, 2001. "Going Public: The Theory and Evidence on How Companies Raise Equity Finance," OUP Catalogue, Oxford University Press, edition 2, number 9780198295990.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    financování; IPO; český kapitálový trh; Czech capital market; Financing;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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