Listing standards : to raise or not to raise?

• Main Authors: Huang, Sui., Syed Abdul Rahim Shah, Noor Hiqmah Binte., Yip, Hui Xian.
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Finance::Stock exchanges; DRNTU::Business::Finance::Capital market
• Online Access: http://hdl.handle.net/10356/51505
• Institution: Nanyang Technological University

This paper addresses the two opposing strategies adopted by equity exchanges, in competing for listings by domestic companies in the top tier regulated market. The first strategy involves lowering listing standards for increased trading volume, at the expense of reputational capital. Conversely, the...