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Analysis Of The Current Situation In The Area Of Ipo On The Czech Capital Market

Author

Listed:
  • Tomas Meluzin

    (Brno University of Technology)

  • Michal Pavlicek

    (Brno University of Technology)

Abstract

Funding the development of the company through the ‘Initial Public Offering’ has a high representation globally, the Czech Republic unlike, and belongs to traditional methods of raising funds necessary for the development of business in the developed capital markets. Under the conditions of the Czech capital market it is possible to identify only few companies, who attempted to fund through the IPO way at present. The objective of this paper is to analyze the current situation in the area of IPO on the Czech capital market and identify the causes of the low number of IPO s in the Czech Republic. The paper was written with the financial support of the Czech Science Foundation (Grant Agency of the Czech Republic), grant project No. 402/09/P134 ‘Decision Model of Company Financing via IPO ’.

Suggested Citation

  • Tomas Meluzin & Michal Pavlicek, 2010. "Analysis Of The Current Situation In The Area Of Ipo On The Czech Capital Market," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 5(2), pages 79-91, December.
    • Handle: RePEc:pes:ierequ:v:5:y:2010:i:2:p:79-91
    DOI: 10.12775/EQUIL.2010.026
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    References listed on IDEAS

    as
    1. Carter, Richard B & Manaster, Steven, 1990. "Initial Public Offerings and Underwriter Reputation," Journal of Finance, American Finance Association, vol. 45(4), pages 1045-1067, September.
    2. Huyghebaert, Nancy & Van Hulle, Cynthia, 2006. "Structuring the IPO: Empirical evidence on the portions of primary and secondary shares," Journal of Corporate Finance, Elsevier, vol. 12(2), pages 296-320, January.
    3. 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.
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