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Author: | Macey, J. R. O'Hara, M. |
Title: | The economics of stock exchange listing fees and listing requirements |
Journal: | Journal of Financial Intermediation
2002 : JUL, VOL. 11:3, p. 297-319 |
Index terms: | PRICING STOCK EXCHANGES STOCK MARKET LISTING |
Language: | eng |
Abstract: | This paper investigates the once and future role of listing fees. The authors consider the theory of listing fees and why such a pricing structure initially evolved. They show how capital market developments have changed the desirability, and even viability, of this pricing structure. They then analyze the economics of listing fees. |
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