Determinanty rozwoju rynku emisji pierwotnych akcji na Giełdzie Papierów Wartościowych w Warszawie
Determinants of the Development of the Initial Public Offerings Market on the Warsaw Stock Exchange

Summary/Abstract: The article defines the term “initial public offerings”, and identifies and classifies the determinants of the development of the initial public offerings market on the Warsaw Stock Exchange. The determinants are divided into those associated with how companies function and those related to the environment. We analyse trends in the IPO market on the basis of these criteria: the origin of the companies debuting on the market, their dependence on the WIG index, the increase in capitalisation, the number of withdrawals of companies on the stock exchange, the increase in the number of investment accounts, and GDP.

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