All

What are you looking for?

All
Projects
Results
Organizations

Quick search

  • Projects supported by TA ČR
  • Excellent projects
  • Projects with the highest public support
  • Current projects

Smart search

  • That is how I find a specific +word
  • That is how I leave the -word out of the results
  • “That is how I can find the whole phrase”

Why Do Companies Stay Private? Determinants for IPO Candidates to Consider in Poland and the Czech Republic

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F18%3APU129594" target="_blank" >RIV/00216305:26510/18:PU129594 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.tandfonline.com/doi/full/10.1080/00128775.2018.1496795" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/00128775.2018.1496795</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1080/00128775.2018.1496795" target="_blank" >10.1080/00128775.2018.1496795</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Why Do Companies Stay Private? Determinants for IPO Candidates to Consider in Poland and the Czech Republic

  • Original language description

    We surveyed sixty-five chief financial officers (CFOs) at nonpublic and nonfinancial companies in the Czech Republic and Poland that are considered candidates for an initial public offering (IPO) to document their propensity to decline to launch an IPO and maintain private ownership. First, we found that the main arguments against launching an IPO in both countries involve information disclosure and limitations on decision-making control. Surprisingly, the majority of the managers do not see the capital market as a source of cheaper and more flexible financing compared to bank loans and other sources. In terms of exogenous factors, Polish CFOs are opportunistic with regard to the timing of an IPO. They view “the window of opportunity” in terms of overall business and industry conditions as significantly more important than do their Czech counterparts. Czech CFOs rank IPOrelated demands on time and costs as the main obstacle to going public. Finally, Czech CFOs agree that a lack of confidence in the capital market is their major concern more frequently than do their Polish peers.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2018

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    EASTERN EUROPEAN ECONOMICS

  • ISSN

    0012-8775

  • e-ISSN

    1557-9298

  • Volume of the periodical

    56

  • Issue of the periodical within the volume

    6

  • Country of publishing house

    US - UNITED STATES

  • Number of pages

    33

  • Pages from-to

    471-503

  • UT code for WoS article

    000447920600001

  • EID of the result in the Scopus database

    2-s2.0-85052063728