Europe's Second Markets for Small Companies
Europe's Second Markets for Small Companies
About this item
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Author / Creator
Publisher
Oxford, UK: Blackwell Publishing Ltd
Journal title
Language
English
Formats
Publication information
Publisher
Oxford, UK: Blackwell Publishing Ltd
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Scope and Contents
Contents
European stock exchanges have repeatedly opened second markets to list small companies. We explain the motivation for the creation of these second markets, and the reasons why many of them have failed. We find that the average long‐run performance of initial public offerings (IPOs) on second markets is dramatically worse than for main market IPOs....
Alternative Titles
Full title
Europe's Second Markets for Small Companies
Authors, Artists and Contributors
Author / Creator
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Primary Identifiers
Record Identifier
TN_cdi_proquest_miscellaneous_1082144523
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1082144523
Other Identifiers
ISSN
1354-7798
E-ISSN
1468-036X
DOI
10.1111/j.1468-036X.2012.00641.x