| Abstract [eng] |
The appearance of companies in public stock exchange market becomes a much more popular way to attract new capital. Successful implementation of initial public offering (further IPO) guaranties big additional inflows of capital to the issues. To gain access to the list in stock exchange is very important moment for the company and it initiates a new qualitative stage in company‘s action. The goal of research - economic evaluation of initial public offering transactions efficiency in NASDAQ OMX Baltic exchange and it‘s influence on the variation of value of a company. The efficiency of initial public offering transactions in NASDAQ OMX Baltic is determined by using an evaluation of IPO variation of quantity and value, classification, inter-ratio between company and stock exchange. It is estimated that the IPO transactions make positive influence on variation of company‘s value. If the company has decided to become a public company it should scan through past, present and future financial company‘s situation, competition, possibilities of future development, analyze the financial results of other company‘s which has already made IPO transactions and market value of shares. In order to make this evaluation a structured methodology of valuation of efficiency of IPO transactions is provided. |
