Trends in IPOs: The Evidence from CEE Capital Markets

dc.contributor.authorMeluzín, Tomášcs
dc.contributor.authorZinecker, Marekcs
dc.coverage.issue2cs
dc.coverage.volume11cs
dc.date.issued2016-06-01cs
dc.description.abstractThe purpose of this paper is to investigate IPO developments across five CEE countries between 2003 and 2012. The purpose of this paper is to investigate IPO developments across five CEE countries between 2003 and 2012. Using a wider range of methods and different data sets we intend to complement the previous research. Applying descriptive statistics, relevant local developments are analysed first before being compared with leading European markets (London Stock Exchange and Deutsche Börse). We also investigated the assumption that a growing market has an explanatory power for the accelerating IPO activity. For this purpose we performed a Spearman correlation analysis. The data were evaluated at the significance level of = 5 %. All CEE capital markets recorded strong dynamism over the observed period. All fundamental capital market parameters increase the attractiveness of individual capital markets, although their values lag behind developed European capital countries. The unambiguous leader in the region is Poland with a flourishing IPO market. Our assumption that a growing market has a positive impact on IPO activities could not be supported by empirical evidence.en
dc.description.abstractCílem článku je zhodnotit vývoj primárních emisí akcií v pěti zemích střední a východní Evropy za období let 2003 až 2012.cs
dc.formattextcs
dc.format.extent327-341cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationEquilibrium. 2016, vol. 11, issue 2, p. 327-341.en
dc.identifier.doi10.12775/EQUIL.2016.015cs
dc.identifier.issn1689-765Xcs
dc.identifier.orcid0000-0001-5238-5166cs
dc.identifier.orcid0000-0003-1764-0904cs
dc.identifier.other127312cs
dc.identifier.researcheridAAL-5760-2021cs
dc.identifier.scopus36976830900cs
dc.identifier.urihttp://hdl.handle.net/11012/70177
dc.language.isoencs
dc.publisherEconomic Society Branch in Toruńcs
dc.relation.ispartofEquilibriumcs
dc.relation.urihttp://apcz.pl/czasopisma/index.php/EQUIL/article/view/EQUIL.2016.015cs
dc.rightsCreative Commons Attribution-NoDerivatives 4.0 Internationalcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/1689-765X/cs
dc.rights.urihttp://creativecommons.org/licenses/by-nd/4.0/cs
dc.subjectIPOen
dc.subjectGoing Publicen
dc.subjectTrendsen
dc.subjectFinancial Marketsen
dc.subjectCEEen
dc.subjectIPO
dc.subjecttrendy
dc.subjectfinanční trhy
dc.subjectstřední a východní Evropa
dc.titleTrends in IPOs: The Evidence from CEE Capital Marketsen
dc.title.alternativeTrendy v IPO: vývoj kapitálových trhů střední a východní Evropycs
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-127312en
sync.item.dbtypeVAVen
sync.item.insts2025.02.03 15:43:11en
sync.item.modts2025.01.17 16:42:14en
thesis.grantorVysoké učení technické v Brně. Fakulta podnikatelská. Ústav ekonomikycs
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