REGIONAL CROSS LISTING OF SHARES ON COST OF EQUITY CAPITAL: A CASE FOR KENYAN COMPANIES LISTED IN REGIONAL STOCK MARKETS. Submitted by: kiptoo martin CHAPTER ONE: INTRODUCTION 1.1 BACKGROUND INFORMATION. According to Kent et al (2002); globalization of financial markets has resulted in increase in the number of firms choosing to cross list. Bruno (2004) also argues that the pressure of economic globalization is pushing companies to access foreign capital markets. Cross listing is defined
Premium Stock market Stock exchange
Background Paper: Obstacles to cross-border listings and acquisitions in the financial sector A. Purpose of the paper In September 2004‚ the informal Ecofin Council in Scheveningen discussed the issue of lagging crossborder consolidation1 in the banking area. This low level of cross-border consolidation is not confined to banking‚ but is relevant for the whole financial sector‚ with some nuances. In the upcoming Financial Integration Monitor report‚ the Commission will dedicate a chapter on
Premium Mergers and acquisitions European Union Financial services
AN ASSIGNMENT ON “LISTING & DELISTING OF SECURITIES TO A STOCK EXCHANGE IN INDIA” CONTENTS 1. INTRODUCTION………………………………………………………....1 2. LISTING………...………………………………………………………….2 3. DELISTING………………………………………………………………..6 4. CONCLUSION……………………………………………………………13 iii Gujarat National Law University CHAPTER 1 INTRODUCTION This assignment deals with the legal aspect‚ i.e. Laws‚ rules‚ regulations and by-laws‚ of listing and delisting of securities in Stock Exchanges by Public Limited
Premium Stock market Stock Stock exchange
Skill Development: Fear of public speaking http://www.youtube.com/watch?v=a56v2PSUQy8&feature=related Proactive = controlling a situation by making things happen or by preparing for possible future problems Myth = an idea or story that is believed by many people but that is not true Come across = to make a particular impression Overwhelming = something that is so confusing or difficult Optimal = best or most effective Profound = major‚ significant Intimate = having a very
Premium Happiness
Listing of Securities Chapter Objectives To understand the concept of listing of securities To know the criteria for listing shares To learn the listing procedure To understand the concept of delisting Concept of Listing of Securities It means the admission of shares of a public limited company on the stock exchange for the purpose of trading. A company intending to have its shares listed on the stock exchange has to write an application to one or more recognised stock
Premium Stock market Stock exchange Stock
Abu Dhabi Herbert Smith LLP Suite 302‚ 3rd Floor Al Bateen Towers C2 Building Al Bateen PO Box 106178 Abu Dhabi UAE T +971 2 412 1700 F +971 2 412 1701 Amsterdam Stibbe Stibbetoren Strawinskylaan 2001 PO Box 75640 1070 AP Amsterdam T +31 20 546 06 06 F +31 20 546 01 23 Bangkok Herbert Smith (Thailand) Ltd 1403 Abdulrahim Place 990 Rama IV Road Bangkok 10500 T +66 2657 3888 F +66 2636 0657 Beijing Herbert Smith LLP 28/F‚ Office Tower Beijing Yintai Centre 2 Jianguomenwai
Premium Stock market Stock
[pic] “Thought Listing on Poland Spring Bottle Water” Prepared For Professor Robert Gilmore‚ Ph. D Instructor Course Name: MKTG 610: Business Research Section: 6W1 School on Business University of Bridgeport [pic] Date: 5th September‚ 2011 Poland Spring ® is a brand of Nestle Water North America Inc. Poland Spring bottle water has been marketing in America since early 80s. Nowadays‚ Poland Spring is one of the most popular bottle water in USA. I am a very new student
Premium Social responsibility Corporate social responsibility Water
IPO: Operating in highly concentrated market Higher level of insider ownership and asset Low level of leverage and liquidity BDL Upon listing: * IPO may exhibit a higher level of liquidity - evidence reported by Gleason et al. (2006) suggests that RTO firms tend to have lower liquidity than matched IPOs. * RM firms tend to be smaller and are still operating at a developmental stage Comparison: 1) BDL does not require disclose of the information and undertake no capital raisings
Premium Public company Initial public offering Privately held company
The HK Exchange discusses the listing requirements of an IPO for two types of issuers‚ Growth Enterprise Market (GEM) and the Main board‚ this report will focus on the requirement for main board only: The Profits/Revenue/Cash Flow requirement of a main board company: For a company to be listed in HK exchange‚ the company should have at least three years trading financial records as well as meet one of the following three financial criteria: 1. Profit test: the profit attributed to shareholders
Premium Stock market Stock Generally Accepted Accounting Principles
How to Use the Short Listing Matrix General principles: The short-listing process is confidential and the panel should be at least two members. Any member of the Appointment/Short-listing Panel‚ who knows any candidate‚ must declare this to the Panel Chair. The short-listing matrix should be used to record the process and will form part of the Recruitment and Selection documents kept by HR for legal reasons. DO NOT introduce any new criteria at the short-listing stage. Reasons for success and
Premium Hugo Weaving Writing Artificial intelligence