Wake-up call for Cypriot companies
Cypriot companies that apply corporate governance in practice as well as in theory should get cheaper finance, have better access to institutional investors and enjoy a higher share price, especially once the common trading platform with the Athens Stock Exchange takes off. These are some of the main conclusions one could draw from the event hosted by the Institute of Directors Cyprus at the Hilton on Thursday which included speakers from both Cyprus and abroad.
Bigger exposure to institutional investors
Incentives of Cypriot companies to apply corporate governance in the spirit and not just the letter are coming from several directions.
First, in the next few weeks, assuming everything goes to schedule, Cypriot listed companies will soon have a great deal more exposure to foreign institutional investors via the common trading platform with Athens.
See full Article.
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