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izvor podataka: crosbi

Some actual aspects of Croatian capital market development (CROSBI ID 504145)

Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija

Cingula, Marijan ; Ređep, Milivoj ; Klačmer, Marina Some actual aspects of Croatian capital market development // Symposium Economy 2003 "Economic Development and Growth" ; Scientific Publications. Vol. III. : Economy / Neytchec, Stanyo ; Hristov, Illya (ur.). Bourgas: Bugarska akademija znanosti, 2003. str. 3-13

Podaci o odgovornosti

Cingula, Marijan ; Ređep, Milivoj ; Klačmer, Marina

engleski

Some actual aspects of Croatian capital market development

The process of globalization in Croatia is supported by full acceptance and enforcement of International accounting standards but capital market is still very slow. With two stock exchanges, fully equipped and ready for serious transactions, Croatia is still waiting for real investors and stimulating trading climate. All legal and other institutional prerequisites for capital market functioning are but in previous period activities were almost completely brought to a standstill. The financing of company development through initial public offering is entirely unknown to Croatian companies and the small number of those who nevertheless tried issuing their own shares have had very unfavorable experiences because they did not meet the satisfactory response of investors. The state did not stimulate the capital market development because it sold all companies which had their shares in the portfolio of state funds through the so called public tenders or direct settlements so that only selected individuals could buy attractive companies, at privileged conditions at that. Domestic institutional investors are newly established through the pension fund reform, which should result in activating investment pension funds.

capital market; institutional investors; pension fund

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Podaci o prilogu

3-13.

2003.

objavljeno

Podaci o matičnoj publikaciji

Symposium Economy 2003 "Economic Development and Growth" ; Scientific Publications. Vol. III. : Economy

Neytchec, Stanyo ; Hristov, Illya

Bourgas: Bugarska akademija znanosti

Podaci o skupu

Symposium Economy 2003 "Economic Development and Growth"

ostalo

26.06.2003-28.06.2003

Burgas, Bugarska

Povezanost rada

Ekonomija