ASSESSMENT OF SUCCESSFUL IPO CONDUCTION OF UKRAINIAN COMPANIES IN THE CONTEXT OF EUROPEAN INTEGRATION

As the Euro zone continues its economic recovery and the IPO prospects are positive, and considering all the advantages of going public, Ukrainian business should consider the chances for potential Initial Public Offering (IPO) on one of the European stock exchanges. The idea of raising capital on the stock markets is rather attractive for Ukrainian companies for many reasons. The main one is that IPO is a way of raising capital without long-term debt, which is very important for Ukrainian business that historically has been financed through loans and its own owners' funds. Because of the high regional risks of Ukraine, IPO for Ukrainian companies is a remote prospect. But this is the right time to improve corporate structure, to make an audit according to international standards and to take other preparatory measures in order to be ready when the IPO window will open for Ukrainian business. This article offers an approach for assessing company's chances of IPO conduction that considers the compliance with exchange requirements and market expectations.