Share capital formation in Ukraine by initial public offerings: trends and prospects Cover Image

Формування акціонерного капіталу в Україні шляхом первинного публічного розміщення акцій: тенденції та перспективи
Share capital formation in Ukraine by initial public offerings: trends and prospects

Author(s): Liubov Lysiak, Svitlana Kachula
Subject(s): Business Economy / Management, Micro-Economics, Accounting - Business Administration, Socio-Economic Research
Published by: Університет Григорія Сковороди в Переяславі
Keywords: stock capital; аction; stock market; initial public offering; investments

Summary/Abstract: The aim of the article is to study the theoretical and practical issues of stock capital building in Ukraine through an initial publicoffering (IPO). The subject of this study is instruments for financial resources mobilization in the stock market for the development ofthe real sector of the economy of Ukraine. Analysis and comparison were used to achieve the objective.The issues of the stock market in Ukraine were analyzed. The advantages of attracting financial capital through initial public offerings wereindicated. The theoretical approaches of foreign scientists as the basis for efficient IPO were generalized. The prospects for the developmentof enterprises in the process of mobilizing financial resources for the Ukrainian stock market were identified and pointed.The results can be used to improve the control of legislation in accordance with international standards and the business sector toeffectively attract investment resources and the growth of the share capital.It is concluded that the stock market of Ukraine is developing dynamically, while not fully performing the functions of regulation offinancial flows and investment resources provision for economic subjects. The process of using IPO, as an important financial tool forthe capital growth, is a promising direction to attract financial capital by domestic enterprises and requires consideration of factorsthat lead to the adoption of rational management decisions.

  • Issue Year: 1/2014
  • Issue No: 23
  • Page Range: 83-88
  • Page Count: 6
  • Language: Ukrainian
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