Pregled bibliografske jedinice broj: 182730
Some actual aspects of Croatian capital market development
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: Bulgarian Academy of Science, 2003. str. 3-13 (plenarno, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
CROSBI ID: 182730 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Some actual aspects of Croatian capital market development
Autori
Cingula, Marijan ; Ređep, Milivoj ; Klačmer, Marina
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
Symposium Economy 2003 "Economic Development and Growth" ; Scientific Publications. Vol. III. : Economy
/ Neytchec, Stanyo ; Hristov, Illya - Bourgas : Bulgarian Academy of Science, 2003, 3-13
Skup
Symposium Economy 2003 "Economic Development and Growth"
Mjesto i datum
Burgas, Bugarska, 26.06.2003. - 28.06.2003
Vrsta sudjelovanja
Plenarno
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
tržište kapitala; institucionalni investitori; mirovinski fondovi
(capital market; institutional investors; pension fund)
Sažetak
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.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
