SPECIAL STOCK MARKET SEGMENTS FOR SMALL COMPANY SHARES - CAPITAL RAISING MECHANISM AND EXIT ROUTE FOR INVESTORS IN NEW TECHNOLOGY BASED FIRMS
In order to stimulate the financing of small and medium-sized enterprises, the traditional conditions of access to the Stock Exchange, adapted to the cases of major firms, have to be modified, taking into account the characteristics of a market for small company shares, where a limited number of investors may warrant a special trading procedure. In order to facilitate the access of innovative high risk companies to organized securities' markets, the author recommends measures in areas such as investment banking, regulation of institutional investors and taxation.
Bibliographic Reference: EUR 9235 EN (1984) FS, 551 P., BFR 1800, EUROFFICE, LUXEMBOURG, POB 1003
Availability: Can be ordered online
Record Number: 1989122087700 / Last updated on: 1987-01-01
Available languages: en