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| * Corporations can pay dividends to stock owners. | * Corporations can pay dividends to stock owners. | ||
| - | The IPO is carried out by an investment bank that specializes in this complex operation. An IPO requires knowledge of the market, regulations, paperwork, valuations, market conditions, contacts, etc. Some big companies that carry out IPOs are PwC, KPMG and Ernst & Young, | + | The IPO is carried out by an investment bank that specializes in this complex operation. An IPO requires knowledge of the market, regulations, paperwork, valuations, market conditions, contacts, etc. Some big companies that carry out IPOs are [[PwC]], [[KPMG]] and [[Ernst & Young]], |
| After an IPO, a portion of the capital can be traded in the [[en:secondary-market|stock market]]. | After an IPO, a portion of the capital can be traded in the [[en:secondary-market|stock market]]. | ||