International Journal of Humanities and Social Science

ISSN 2220-8488 (Print), 2221-0989 (Online) 10.30845/ijhss

Propensity Towards Financial and Growth Prospects:Initial Public Offerings (IPO)
Thokozani Patmond Mbhele

The empirical analysis ofthe Initial Public Offering (IPO) process represents a transitional milestone from an entrepreneurial firm to a public corporation despite the liability of market newness. Initial Public Offering (IPO) is the critical stage of venture growth prospects under the development capital market (DCM) in South Africa. The study seeks to develop dimensional factors that influence the IPO transitional process towards potential growth prospects for venture capital-backed firms. Within the listing requirements and value-creating services of certifiers, this study further attempts to understand the challenges of the process costs implication and propensity towards raising sufficient capital within the development capital market. The process of IPO is discussed, including preparation and readiness, costs, proper pricing of shares and hegemony of members, listing requirements and the reputation of financial service providers for successful transition in wavyIPO. The study used questionnaires to collect empirical data and subsequently utilized both descriptive and inferential statistics, and factor analysis technique to analyze data.

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