and my reasons are as follows. In terms of the costs, we know that the most efficient and popular means of raising capital is making loans from banks or issuing bonds and equities through the exchanges. Therefore, the total cost involves interest rate, dividends and some other fees, such as listing fees and taxes. Although the economy of emerging markets developed rapidly in recent years, the capital markets are still too young comparing with the developed countries, like UK and USA. Thus, the sources…
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