Publication detail

INTEREST IN IPO NON-FINANCIAL FACTORS ON THE PART OF INVESTMENT PROFESSIONALS

Krýslová A.

Original Title

INTEREST IN IPO NON-FINANCIAL FACTORS ON THE PART OF INVESTMENT PROFESSIONALS

Type

conference paper

Language

English

Original Abstract

Purpose of the article is taken from the side of the global trend in the IPO and is directed at increasing attention to its non-financial factors. However, there is no advanced analysis how far these factors are influencing key investor decisions. Non-financial factors have a significant and irreplaceable role in the deepening of force against the competition. At present, these factors gain much more importance across all industrial sectors than they did in the past. Companies that develop their skills in non-financial areas are more attractive and competitive for investors than companies that do not sufficiently develop this area or are not willing to use this type of reporting. Perfect analysis of non-financial factors and their correct implementation can be appropriate step to the next successful phase of building company's financial future. The survey was conducted through a structured interview and questionnaires of 50 institutional investors, including portfolio managers, stock analysts and directors and 50 companies in Poland during the period of October 2016 - August 2017. Scientific aim of this article was therefore aimed at identifying non-financial factors and demonstrating their impact on the success of the IPO. The aim of the research was to provide information on the most common factors that influence investor decision-making. The research provided information on the most common factors that influence investor decision making when buying shares and determinate which criteria the investors give more weight. The first part of the article was determined by non-financial factors, which were selected by the investors themselves as the most important. The second part presented what kind of factors the investors give more weight in their decisions and why and is compared with the companies' opinions. The key non-financial factors determinate successful operation and will make flexible, efficient and effective management. The company should establish the most appropriate management methods based on its corporate culture, size and business complexity with respect to non-financial key factors that influence investor decision-making.

Keywords

decision making; Initial Public Offering; investors; non-financial factors

Authors

Krýslová A.

Released

15. 11. 2018

Publisher

VARAZDIN DEVELOPMENT & ENTREPRENEURSHIP AGENCY, MIHANOVICEVA 4, VARAZDIN, 00000, CROATIA

Location

MIHANOVICEVA 4, VARAZDIN

ISBN

1849-7535

Periodical

Book Series: International Scientific Conference on Economic and Social Development

State

Republic of Croatia

Pages from

198

Pages to

204

Pages count

7

URL

https://apps.webofknowledge.com/InboundService.do?product=WOS&Func=Frame&DestFail=http%3A%2F%2Fwww.webofknowledge.com&SrcApp=RRC&locale=en_US&SrcAuth=RRC&SID=D3R5RCSf9mCYpOvlBpP&customersID=RRC&mode=FullRecord&IsProductCode=Yes&Init=Yes&action=retrieve&UT=WOS%3A000550734100022

BibTex

@inproceedings{BUT164801,
  author="Andrea {Krýslová}",
  title="INTEREST IN IPO NON-FINANCIAL FACTORS ON THE PART OF INVESTMENT PROFESSIONALS",
  booktitle="International Scientific Conference on Economic and Social Development",
  year="2018",
  journal="Book Series: International Scientific Conference on Economic and Social Development",
  pages="198--204",
  publisher="VARAZDIN DEVELOPMENT & ENTREPRENEURSHIP AGENCY, MIHANOVICEVA 4, VARAZDIN, 00000, CROATIA",
  address="MIHANOVICEVA 4, VARAZDIN",
  issn="1849-7535",
  url="https://apps.webofknowledge.com/InboundService.do?product=WOS&Func=Frame&DestFail=http%3A%2F%2Fwww.webofknowledge.com&SrcApp=RRC&locale=en_US&SrcAuth=RRC&SID=D3R5RCSf9mCYpOvlBpP&customersID=RRC&mode=FullRecord&IsProductCode=Yes&Init=Yes&action=retrieve&UT=WOS%3A000550734100022"
}