ATTENTION/WARNING - NE PAS DÉPOSER ICI/DO NOT SUBMIT HERE

Ceci est la version de TEST de DIAL.mem. Veuillez ne pas soumettre votre mémoire sur ce site mais bien à l'URL suivante: 'https://thesis.dial.uclouvain.be'.
This is the TEST version of DIAL.mem. Please use the following URL to submit your master thesis: 'https://thesis.dial.uclouvain.be'.
 

Special Purpose Acquisition Companies Why are SPACs emerging in more developed countries than others?

Smit, Gabriel
(2022)

Files

Smit_38551700_2022.pdf
  • Open access
  • Adobe PDF
  • 1.34 MB
Download

Details

Supervisors
Thewissen, James
Faculty
Louvain School of Management
Degree label
Master [120] en sciences de gestion, à finalité spécialisée
Abstract
SPACs became very popular in 2020 wherein investors and companies rushed toward the new trend to allow listing public. Although they have recently expanded all over the world, raising millions of dollars for eager investors, few empirical studies are available to help understand the spread of SPACS across the world. Based on the population of 3446 SPACs (wherein the deal has been made or yet to be) issued in the world from early 2000, this study shows that SPACs take place more frequently in countries which are open to public equity markets and with developed financial systems, such as a strong investor protection frame, thus implying SPACs are an expensive vehicle that take place wherein the financial regulations are more enhanced than in developing countries.