Abstract
The primary placement market is an important element of the functioning of the stock market system. This article examines the experience of Russian issuers. Historically, it is clear that more and more Russian companies evaluate the initial placement of their shares on the stock market as an integral development tool. Moreover, it has a number of advantages over bank lending. At the moment, from the point of view of the state and the companies themselves, the entry of small and medium-sized enterprises into the stock exchange is a strategic task.
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