6+

Initial Public Offering Market: Ways of Development in Ukraine

Send me via email

Authors


Senior Teacher of the Bank Investments Department
Vadym Het’man Kyiv National Economic University
smart.2_@ukr.net

Abstract

The article reveals preconditions for Ukrainian IPO market activization, as well as factors restraining its development at present. The history of Ukrainian IPOs on foreign stock exchanges was analyzed. As a result, key trends dominating the IPO market of Ukrainian companies abroad were specified. Practical guidelines of Ukrainian IPO market activization and the structural model of its functioning were suggested. 

Keywords

IPO, Ukrainian IPO market, securities market, stock exchange, issuer, investor, IPO market trends, structural model of IPO market functioning.

Print Friendly, PDF & Email

Categories of article:

Read also

No items found

Suggested citation

Gladchuk Kseniia Nikolaevna
Initial Public Offering Market: Ways of Development in Ukraine// Modern Management Technology. ISSN 2226-9339. – #10 (34). Art. # 3402. Date issued: . Available at: https://sovman.ru/en/article/3402/

Full article text is available only in Russian.
Please select from the menu Russian language and continue reading.


References

  1. Grushko V.I. Initial Public Offering of Shares (IPO):   theory and practice of domestic companies:  monograph [Pervichnoe publichnoe razmeshchenie aktcii (IPO): teoriia   i   praktika otechestvennykh kompanii: monografiia]. V.I.  Grushko,  O.G.  Chumachenko.   Kyiv: Dorado-Druk, 2009. 252 p.
  2. IPO Tracker for Russia and CIS / Data prepared by PBN Hill + Knowlton Strategies [Dannye analiticheskogo portala «IPO Tracker v Rossii i SNG» kompanii PBN Hill + Knowlton Strategies]. Root: <http://pbn-hkstrategies.com/lng/en/pageTag/page:ipo_tracker>.
  3. Karpenko G. Problems and prospects of attracting investment capital by Ukrainian enterprises in global markets via IPO [Problemy i perspektivy privlecheniia investitcionnogo kapitala ukrainskimi predpriiatiiami na mirovykh rynkakh putem ІRO]. Finances of Ukraine.  №10.  2008.
  4. Kuksa V. What a Sweet Word — ІРО. Ukrainian Companies open for themselves a progressive way of integration into global economy [Eto sladkoe slovo — ІRO. Ukrainskie predpriiatiia otkryvaiut dlia sebe progressivnyi sposob integratcii v mirovuiu ekonomiku]. Mirror of the Week. 28.09.2007. № 35. Root: <www.dt.ua>.
  5. Lukashov A.V. Process of capital acquisition: initial public offering of company’s shares (IPO) [Protcess priobreteniia kapitala: pervichnoe publichnoe razmeshchenie aktcii kompanii (IPO)]. Corporate Finance Management. 2004. №.4. Root: <www.grebennikov.ru>.
  6. Maiorova T.V. ІРО as a form of investment capital attraction [ІRO kak forma privlecheniia investitcionnogo kapitala]. Finances of Ukraine.  2010.  №6. pp. 80-88.
  7. Melnichuk L. The Beginning of Ukrainian IPO History. A Look from London [Nachalo istorii ukrainskikh IPO. Vzgliad iz Londona]// Mirror of the Week. — 16.06.2006. — №22 / Root: <www.dt.ua>.
  8. European IPO Market Review – 2012 [Obzor rynka ІRO v Evrope za 2012 god]/ Report prepared by PwC. Root: <http://www.pwc.ru/ru/capital-markets/ipo-watch-2012-review.jhtml>.
  9. ІРО Pioneers. Issues 1, 3, 4. Analytical reviews of IPOs conducted in Russia in 2005, 2007, 2008. — The PBN Company [Pionery ІRO. Vypuski 1, 3, 4. Analiticheskie obzory publichnykh predlozhenii, sostoiavshikhsia v 2005, 2007, 2008 godakh v Rossii — The PBN Company]. Root: <www.pbnco.com>.
  10. IPO/SPO/PO Issuer Ranking – 2006-2011 / Data prepared by ReDeal Analytical Group [Renking Emitentov IPO/SPO/PO 2006-2011 Dannye informatcionno-analiticheskii proekt «Publichnye i Chastnye razmeshcheniia aktcii»/Offerings.ru, podgotovlennyi analiticheskoi gruppoi «ReDeal»]. Root: <http://www.offerings.ru/market/ placement/lastplacement>.
  11. Statistical Data prepared by the Warsaw Stock Exchange representative office in Ukraine [Statisticheskie dannye predstavitelstva Varshavskoi fondovoi birzhi v Ukraine]. Root: <http://ipowse.com.ua/Information/253.34.html>.
  12. IPO from І to O: The Guide for CFOs and investment analysts [IPO ot І do O: Posobie dlia finansovykh direktorov i investitcionnykh analitikov]. Andrei Lukashov, Andrei Mogin. — Moscow: Alpina Business Books, 2008. 361 p.
  13. Global IPO Trends Report 2012. Report prepared by Ernst&Young. 29 p. Root: <http://www.ey.com/Publication/vwLUAssets/Global_IPO_trends_ 2012/$FILE/Global_IPO_trends_2012.pdf>.
  14. IPO Center of Excellence Data. Data from Ernst&Young information portal. Root: <http://www.ey.com/GL/en/Services/Strategic-Growth-Markets/ ipocenter/# exhibits/ipo-lobby2>.
  15. IPO from A to Z: The Guide for the Issuer 2010. Report prepared by Dagda LLC.  2010.  134 p.
  16. Ritter J.R., December 31, 2011. Initial Public Offerings: Tables Updated Through 2011. Root: <http://bear.warrington.ufl.edu/ritter>.
  17. Running a public company: from IPO to SEC reporting / Steven M. Bragg, John Wiley & Sons, Inc., 2009. 316 p.
  18. Welch, I., 1989. Seasoned offerings, imitation costs, and the underpricing of initial public offerings. Journal of Finance 44, 421–449.