The failure of small British initial public offerings on the UK alternative investment market : a research note on spatial and industry effects/
Amini, Shima
The failure of small British initial public offerings on the UK alternative investment market : a research note on spatial and industry effects/ created by Shima Amini and Kevin Keasey - International small business journal Volume 31, number 6 .
This research note investigates the failure probability of British Initial Public Offerings (IPOs) on the Alternative Investment Market (AIM) in terms of spatial proximity to London and operating within the financial services sector. The results suggest that financial services firms in proximity to London experience a higher failure rate on AIM. It is suggested that part of the higher failure rate observed on AIM, compared to the failure rate of small IPOs elsewhere, can be explained by the London dominance of AIM, which favours those financial sector businesses that manage to achieve an IPO.
02662426
Alternative investment market--Small firms--United Kingdom--Entrepreneurship
HD2341.167
The failure of small British initial public offerings on the UK alternative investment market : a research note on spatial and industry effects/ created by Shima Amini and Kevin Keasey - International small business journal Volume 31, number 6 .
This research note investigates the failure probability of British Initial Public Offerings (IPOs) on the Alternative Investment Market (AIM) in terms of spatial proximity to London and operating within the financial services sector. The results suggest that financial services firms in proximity to London experience a higher failure rate on AIM. It is suggested that part of the higher failure rate observed on AIM, compared to the failure rate of small IPOs elsewhere, can be explained by the London dominance of AIM, which favours those financial sector businesses that manage to achieve an IPO.
02662426
Alternative investment market--Small firms--United Kingdom--Entrepreneurship
HD2341.167