APPROACHES TO THE DEFINITION OF THE TERM “INITIAL PUBLIC OFFERING” AND ITS PROPOSED CZECH EQUIVALENT

Abstract

The paper presents the results of a comparative analysis of the term “Initial Public Offering” as it is defined in foreign literature and specifies how it differs from the present-day approach to this term in Czech literature. Based on the acquired knowledge, the Czech equivalent of “Initial Public Offering” is proposed while respecting its essential meaning and substance.