The most recent paper published by the
Department for Business, Innovation and Skills, as part of its
research paper series, considers the motivations behind the listing decisions of the UK companies: see
here (
pdf). The paper's findings are based on a survey of 31 predominantly UK owned and based mid-sized businesses (defined as those with sales turnover of between £25m and £500m), including 17 listing on the
London Stock Exchange and 14 unlisted. Chapter five of the report considers corporate governance.
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