Going public and characteristics of newly listed companies: evidence from the Bourse Regionale des Valeurs Mobilières (BRVM) Online publication date: Sat, 16-Feb-2013
by Balibié Serge Auguste Bayala
African J. of Accounting, Auditing and Finance (AJAAF), Vol. 1, No. 4, 2012
Abstract: The aim of this paper is to characterise the newly listed companies between 2002-2010 by analysing economic, financial and market criteria of the West Africa Stock Exchange. This study captures for the first time going public decision in a framework whereby how market authorities, listed companies and unlisted companies impacted on each other. We conjecture that, in such small stock market, the first listed companies through their characteristics set the trend for unlisted companies and disclose market's authorities expected companies' profile in the stock exchange. As a result, a new perspective on investigating the decision of going public especially in the context of emerging market is opened.
Online publication date: Sat, 16-Feb-2013
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the African J. of Accounting, Auditing and Finance (AJAAF):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email email@example.com