Factors affecting going public decision in Sri Lanka: Structural equation modelling approach
By: Riyath, M.I.M. Dayaratne, D.A.I and Jahfer, A
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Material type: 
BookPublisher: Vikalpa: The Journal for Decision Makers Description: 51(1), Jan-Mar, 2026: p.76-97.
In:
Vikalpa: The Journal for Decision MakersSummary: This study aims to identify the factors that influence the decision of companies to go public in Sri Lanka, where many qualified companies remain private despite meeting the listing requirements. The data are collected through a survey, and the analysis is conducted using exploratory factor analysis, binary logistic regression and structural equation modelling. The findings reveal that financing for future growth at a lower cost of capital, corporate image and liquidity, ownership and control rights, market establishments, company size, age and sector impact the decisions, while information and compliance costs and market efficiency do not.-Reproduced
https://journals.sagepub.com/doi/full/10.1177/02560909251394102?_gl=1*120gzcg*_up*MQ..*_ga*NzUxNjcyODAyLjE
3Nzc1NDAxMjU.*_ga_60R758KFDG*czE3Nzc1NDAxMjUkbzEkZzEkdDE3Nzc1NDAxNDAkajQ1JGwwJGgzNTU2NjEzMjE.
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 51(1), Jan-Mar, 2026: p.76-97 | Available | AR138757 |
This study aims to identify the factors that influence the decision of companies to go public in Sri Lanka, where many qualified companies remain private despite meeting the listing requirements. The data are collected through a survey, and the analysis is conducted using exploratory factor analysis, binary logistic regression and structural equation modelling. The findings reveal that financing for future growth at a lower cost of capital, corporate image and liquidity, ownership and control rights, market establishments, company size, age and sector impact the decisions, while information and compliance costs and market efficiency do not.-Reproduced
https://journals.sagepub.com/doi/full/10.1177/02560909251394102?_gl=1*120gzcg*_up*MQ..*_ga*NzUxNjcyODAyLjE
3Nzc1NDAxMjU.*_ga_60R758KFDG*czE3Nzc1NDAxMjUkbzEkZzEkdDE3Nzc1NDAxNDAkajQ1JGwwJGgzNTU2NjEzMjE.
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