| Title |
The estimation of IPO’s efficiency / |
| Translation of Title |
Pirminio akcijų viešojo siūlymo sandorių efektyvumo analizė. |
| Authors |
Cibulskienė, Diana ; Grigaliūnienė, Žana ; Petrauskienė, Daiva |
| Full Text |
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| Is Part of |
Socialiniai tyrimai: mokslo darbai.. Šiauliai : VšĮ Šiaulių universiteto leidykla. 2009, nr.3(17), p. 5-17.. ISSN 1392-3110 |
| Keywords [eng] |
Initial Public Offering (IPO) ; Stock Market ; NASDAQ OMX Baltic Stock Exchange ; Market capitalisation ; IPO multiplier ; Company value |
| Abstract [eng] |
The paper generalizes and structures conceptual aspects of financing sources of corporate capital using initial public offerings (IPO’s). It reports on the dynamics of the number of IPO’s and reveals its reasons in European Security Markets and specifically in NASDAQ OMX Baltic Stock Market. It also reports the empirical study findings on efficiency of IPO traded on OMX Baltic Stock Exchange. Taking into consideration the fact that after the completion of IPO transaction in Stock Exchange large companies can acquire significant equity proceeds, the paper analyzes the impact of IPO transactions on the changes of market value of specific companies. |
| Published |
Šiauliai : VšĮ Šiaulių universiteto leidykla |
| Type |
Journal article |
| Language |
English |
| Publication date |
2009 |
