International listing : the case of creative technology
Firms are increasingly adopting a global perspective. This is evident in the accelerating internationalization of the world's financial capital markets. In particular, the Singapore domestic economy is too small for local firms ever to be profitable if they were to concentrate their efforts...
Saved in:
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2015
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/62974 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Firms are increasingly adopting a global perspective. This is
evident in the accelerating internationalization of the world's
financial capital markets. In particular, the Singapore domestic
economy is too small for local firms ever to be profitable if they
were to concentrate their efforts here. In our project, we attempt
to evaluate the performance of a local firm, Creative Technology,
who has listed its shares on the US Nasdaq stock exchange as part
of its internationalization strategy.
Through listing overseas, Creative has succeeded in achieving a
run-up on its share price because of its management's far-sighted
corporate strategy as well as the existence uf a huge untapped
market. Two major benefits of international listings are the
ability to enhance the company's reputation and the opportunities
for cooperative business, including mergers and acquisitions.
Through this listing, Creative has successfully acquired US based
E-Mu systems and Share Vision Technology. |
|---|