To List or Not To List: Expectations versus Reality for Greek Shipping IPOs

• Authors: Panos Mourdoukoutas , Abraham Stefanidis
• Languages of publication: EN

Abstracts

EN

Sharing ownership with outside investors through an IPO has advantages and disadvantages that create dilemmas for company founders. It can further be a source of disappointment when expectations fall short of reality. That's not the case for the Greek ship owners who floated the shares of their companies to major US Exchanges in the early 2000s, however. The listing has met and even exceeded their expectations: Broadened their capital structure, improved image and prestige, strengthened bargaining power with creditors, and enhanced entrepreneurial opportunities

• Publisher: Sciendo
• Journal: South East European Journal of Economics and Business
• Year: 2009
• Volume: 4
• Issue: 1
• Pages: 125-134

Dates

published

2009-04-01

online

2011-06-03

Contributors

author

Panos Mourdoukoutas

• Long Island University and Athens University, New York, United States of America

author

Abraham Stefanidis

• Long Island University and Athens University, New York, United States of America

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Identifiers

DOI

10.2478/v10033-009-0009-0