Why firms favour the AIM when they can list on main market?

•It is often argued that the popularity of AIM is mainly due to the strict listing requirements in the MM.•During the 1995 to 2010 period, half of AIM listed firms that raised equity in AIM could have joined the MM.•This raises the question why firms that meet the heavier regulatory environment of t...

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Veröffentlicht in:	Journal of international money and finance 2016-02, Vol.60, p.378-404
Hauptverfasser:	Doukas, John A., Hoque, Hafiz
Format:	Artikel
Sprache:	eng
Schlagworte:	AIM Decision making Dividends Going public IPOs London MM M&As Reporting requirements SEOs Stock exchanges Studies
Online-Zugang:	Volltext
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