There are many reasons why listing is good business decision for the company:
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Easier access to capital to finance growth and development
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Easier financing, including the ability to borrow under better conditions thanks to greater transparency and credibility of the company
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Separation of ownership and management functions, circle of potential investors also spreads, since new retail and institutional (domestic and foreign) investors are available
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Greater liquidity of securities and potential for growth in their market value
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Enhanced reputation, visibility and trust in the market
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Attraction and retention of talent through employee reward and ownership participation programs (ESOP and similar models)
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Improved corporate governance and business discipline
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Standardization of corporate actions - clearly defined rules on dividend payments and implementation of other corporate actions provide legal certainty and predictability for investors
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Ability to engage a market maker - a exchange member who continuously posts buy and sell quotes for the securities, thereby potentially increasing their liquidity and narrowing the bid-ask spread.
