Financial centre bias in primary equity markets.
This paper shows that firms from financial centres are more likely to go public than their provincial counterparts. The financial centre bias is analysed for 32 countries, including the European Union, the USA and Japan. It is particularly strong in countries with underdeveloped stock markets and cl...
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פורמט: | Journal article |
שפה: | English |
יצא לאור: |
OUP
2009
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