Determinants of small and medium-sized enterprises listing decisions: evidence from a frontier market

Key Points

• This research aims to identify factors influencing the listing decisions of small and medium-sized enterprises in frontier markets.
• Analyzed data from various small and medium-sized enterprises in a frontier market
• Identified key financial and operational determinants affecting listing decisions
• Utilized quantitative methods for data analysis
• Listing decisions are significantly influenced by financial stability, market access, and regulatory environment
• A positive correlation was found between enterprise size and likelihood of listings
• Smaller enterprises face greater hurdles compared to medium-sized enterprises, impacting their listing potential