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GLOBAL AND RUSSIAN IPO MARKETS: KEY TRENDS AND OUTLOOK

https://doi.org/10.17747/2078-8886-2011-5-60-69

Abstract

Global IPO markets achieved historical maximum in volumes in 2007 but as a result of the global financial crisis of 2008–2009 issuing activities substantially plummeted. However by the middle of 2009 capital markets began to revive. The paper provides the analysis of global IPO market trends and author’s view on the middle-term trends.

About the Authors

B. B. Rubtsov
Financial University under the Government of the Russian Federation
Russian Federation

Doctor of Economic Sciences, Professor, Head of “Financial Markets and Financial Engineering” Chair.

Author of 7 individual monographs, co-author of 6 multi-author monographs, textbooks and educational aids and over 150 articles dedicated to problems of financial markets and global economy development.



A. V. Napolnov
Financial University under the Government of the Russian Federation; X5 Retail Group
Russian Federation

Post-graduate student of “Financial Markets and Financial Engineering” Chair, Deputy Investors Relations Director.

Author of 15 articles dedicated to share capital and IPOs



References

1. Информационная база данных агентства Bloomberg.

2. Информационная база данных Dealogic.

3. Информационная база данных агентства Thomson Reuters.

4. Global IPO Trends 2011. Ernst & Young, 2010. P. 32.

5. Loughran T., Ritter J. R. Why Issuers Don’t Get Upset about Leaving Money on the Table in IPOs? // Review of Financial Studies 2002. Vol. 15.

6. Russian IPO Pioners-4. PNB. 2009. P. 40


Review

For citations:


Rubtsov B.B., Napolnov A.V. GLOBAL AND RUSSIAN IPO MARKETS: KEY TRENDS AND OUTLOOK. Strategic decisions and risk management. 2011;(5):60-69. (In Russ.) https://doi.org/10.17747/2078-8886-2011-5-60-69

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ISSN 2618-947X (Print)
ISSN 2618-9984 (Online)