"Ekonomick\u00E1 revue" . . "Meluz\u00EDn, Tom\u00E1\u0161" . . "RIV/00216305:26510/09:PU83128!RIV10-GA0-26510___" . "Comparison of IPO Realization Costs on Selected Security Markets"@en . . "XII" . . "[FB5A1FCC971B]" . . "Comparison of IPO Realization Costs on Selected Security Markets"@en . . "Komparace n\u00E1klad\u016F na realizaci IPO na vybran\u00FDch akciov\u00FDch trz\u00EDch" . . "Funding development of the company through the %22Initial Public Offering%22 has a high representation globally and belongs to traditional methods of raising funds necessary for development of business in the developed capital markets. Also in the Central and Eastern European countries, including the Czech Republic, there can be found growing interest in this form of company financing. The objective of the article is to analyze the amount of costs related to an IPO launch on the main world security markets, and compare the same to the costs of IPO's launched on the Prague Stock Exchange during its modern history. To attain the objectives, research based on the collection of secondary and primary data was carried out. The results obtained show that the direct IPO costs are reaching the minimum value on the market Euronext, the maximum on the market HKSE. Results showed that the direct IPO costs on the Czech capital market range between 5.6% and 9.0% of the value of issue. The biggest cost element are under"@en . . "1"^^ . . "1"^^ . . . . "RIV/00216305:26510/09:PU83128" . "Komparace n\u00E1klad\u016F na realizaci IPO na vybran\u00FDch akciov\u00FDch trz\u00EDch"@cs . "1212-3951" . "Financov\u00E1n\u00ED rozvoje spole\u010Dnosti prost\u0159ednictv\u00EDm %22Initial Public Offering%22 m\u00E1 ve sv\u011Bt\u011B velk\u00E9 zastoupen\u00ED a na rozvinut\u00FDch kapit\u00E1lov\u00FDch trz\u00EDch pat\u0159\u00ED ji\u017E k tradi\u010Dn\u00EDm zp\u016Fsob\u016Fm z\u00EDsk\u00E1v\u00E1n\u00ED pen\u011B\u017En\u00EDch prost\u0159edk\u016F pot\u0159ebn\u00FDch pro rozvoj podnik\u00E1n\u00ED. Tak\u00E9 v zem\u00EDch st\u0159edn\u00ED a v\u00FDchodn\u00ED Evropy, v\u010Detn\u011B \u010Cesk\u00E9 republiky, lze v posledn\u00EDch letech pozorovat vr\u016Fstaj\u00EDc\u00ED z\u00E1jem o tuto formu podnikov\u00E9ho financov\u00E1n\u00ED. C\u00EDlem \u010Dl\u00E1nku je analyzovat velikost n\u00E1klad\u016F spojen\u00FDch s realizac\u00ED IPO na hlavn\u00EDch sv\u011Btov\u00FDch akciov\u00FDch trz\u00EDch a porovnat ji s n\u00E1klady prvotn\u00EDch ve\u0159ejn\u00FDch nab\u00EDdek akci\u00ED, kter\u00E9 byly realizov\u00E1ny na pra\u017Esk\u00E9 burze v jej\u00ED novodob\u00E9 historii. K dosa\u017Een\u00ED stanoven\u00E9ho c\u00EDle byl proveden v\u00FDzkum zalo\u017Een\u00FD na sb\u011Bru sekund\u00E1rn\u00EDch i prim\u00E1rn\u00EDch dat. Z dosa\u017Een\u00FDch v\u00FDsledk\u016F vypl\u00FDv\u00E1, \u017Ee p\u0159\u00EDm\u00E9 realiza\u010Dn\u00ED n\u00E1klady IPO dosahuj\u00ED nejni\u017E\u0161\u00ED hodnoty na trhu Euronext, nejvy\u0161\u0161\u00ED hodnoty pak na HKSE. Na \u010Desk\u00E9m kapit\u00E1lov\u00E9m trhu se celkov\u00E9 p\u0159\u00EDm\u00E9"@cs . "IPO, financing, cost of IPO, Czech capital market, world security market"@en . . . "Komparace n\u00E1klad\u016F na realizaci IPO na vybran\u00FDch akciov\u00FDch trz\u00EDch"@cs . "Komparace n\u00E1klad\u016F na realizaci IPO na vybran\u00FDch akciov\u00FDch trz\u00EDch" . "3" . "Financov\u00E1n\u00ED rozvoje spole\u010Dnosti prost\u0159ednictv\u00EDm %22Initial Public Offering%22 m\u00E1 ve sv\u011Bt\u011B velk\u00E9 zastoupen\u00ED a na rozvinut\u00FDch kapit\u00E1lov\u00FDch trz\u00EDch pat\u0159\u00ED ji\u017E k tradi\u010Dn\u00EDm zp\u016Fsob\u016Fm z\u00EDsk\u00E1v\u00E1n\u00ED pen\u011B\u017En\u00EDch prost\u0159edk\u016F pot\u0159ebn\u00FDch pro rozvoj podnik\u00E1n\u00ED. Tak\u00E9 v zem\u00EDch st\u0159edn\u00ED a v\u00FDchodn\u00ED Evropy, v\u010Detn\u011B \u010Cesk\u00E9 republiky, lze v posledn\u00EDch letech pozorovat vr\u016Fstaj\u00EDc\u00ED z\u00E1jem o tuto formu podnikov\u00E9ho financov\u00E1n\u00ED. C\u00EDlem \u010Dl\u00E1nku je analyzovat velikost n\u00E1klad\u016F spojen\u00FDch s realizac\u00ED IPO na hlavn\u00EDch sv\u011Btov\u00FDch akciov\u00FDch trz\u00EDch a porovnat ji s n\u00E1klady prvotn\u00EDch ve\u0159ejn\u00FDch nab\u00EDdek akci\u00ED, kter\u00E9 byly realizov\u00E1ny na pra\u017Esk\u00E9 burze v jej\u00ED novodob\u00E9 historii. K dosa\u017Een\u00ED stanoven\u00E9ho c\u00EDle byl proveden v\u00FDzkum zalo\u017Een\u00FD na sb\u011Bru sekund\u00E1rn\u00EDch i prim\u00E1rn\u00EDch dat. Z dosa\u017Een\u00FDch v\u00FDsledk\u016F vypl\u00FDv\u00E1, \u017Ee p\u0159\u00EDm\u00E9 realiza\u010Dn\u00ED n\u00E1klady IPO dosahuj\u00ED nejni\u017E\u0161\u00ED hodnoty na trhu Euronext, nejvy\u0161\u0161\u00ED hodnoty pak na HKSE. Na \u010Desk\u00E9m kapit\u00E1lov\u00E9m trhu se celkov\u00E9 p\u0159\u00EDm\u00E9" . . "CZ - \u010Cesk\u00E1 republika" . "12"^^ . "322082" . . "26510" . "P(GP402/09/P134)" . .