THE FIRST PUBLIC OFFER AS A SOURCE OF RAISING CAPITAL FOR THE DEVELOPMENT OF SMALL AND MEDIUM-SIZED ENTERPRISES ON THE EXAMPLE OF THE NEW CONNECT MARKET
DOI:
https://doi.org/10.58246/sjeconomics.v33i2.6Keywords:
first public offer, market, direct cost, exchange, shareAbstract
The purpose of this article is to review the classical theories on the location of foreign direct investment. Location theory assumes that a firm's production costs and revenues depend on its location. With the first classical business location theories, identifying business location factors has become an important research issue. The most important feature of space influencing location decisions is geographical proximity, contributing to cost reduction and agglomeration benefits.
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