Mala, Rajni and White, Michael M. (2009) The South Pacific stock exchange: is it a market or status symbol? Australian Accounting Review, 19 (1). pp. 54-63. ISSN 1035-6908
Full text not available from this repository.Abstract
Listing on a stock exchange is one of the most significant events in a company's life cycle. Using a case study approach we examine why companies in Fiji list on a stock exchange. The various factors that have been found to motivate companies to list include enhancing their image and reputation, increasing the firm's value and introducing better financial and managerial practices. Importantly, the accessing of new sources of finance has not been a determinant of a company's listing decision. The findings imply that in emerging economies, stock exchange listing can be perceived as a status symbol.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Business and Economics (FBE) > School of Accounting and Finance |
| Depositing User: | Ms Neha Harakh |
| Date Deposited: | 22 Nov 2009 22:07 |
| Last Modified: | 13 Jul 2012 03:13 |
| URI: | https://repository.usp.ac.fj/id/eprint/1093 |
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