Growth enterprise markets (GEMs) provide small and medium-sized (SME), growth-oriented firms with lower cost access to public equity capital with both less stringent listing requirements and continuous obligations in terms of disclosure of information and transparency compared to traditionally-regulated exchanges.

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The Going Public Decision of Small- and Medium-Sized Firms

  • Francesco Baldi

摘要

Growth enterprise markets (GEMs) provide small and medium-sized (SME), growth-oriented firms with lower cost access to public equity capital with both less stringent listing requirements and continuous obligations in terms of disclosure of information and transparency compared to traditionally-regulated exchanges.