CHALLENGES IN CAPITAL MARKET DEVELOPMENT IN REPUBLIC OF MACEDONIA

Odzaklieska, Dragica and Trajkoska, Gordana and Vitanova, Gordana and Spaseska, Tatjana (2018) CHALLENGES IN CAPITAL MARKET DEVELOPMENT IN REPUBLIC OF MACEDONIA. 5 International Scientific Conference “Economy of Integration” – ICEI 2017, Conference Proceedings. pp. 157-170. ISSN 2490-2616

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Abstract

The capital market , which from the institutional point of view , is an integral part of the financial market, should provide in each national economy: the resources efficient utilization, the ownership transformation and expanding, the investing projects selection from the aspect of propulsion and profitability and creation of optimal structure of the investors’ securities portfolio. Effective functioning of the capital market means meeting some socio-economic preconditions, institutional forms and legal regulative which should be in function of protecting the stakeholders’ interests.
The aim of this research is an analysis of the capital market functions in Republic of Macedonia, through the resources mobilization and allocation, current validation
of the firms, the restructuring of the firms ownership, providing of the current and perspective liquidity, attracting foreign investments in the national economy, the investors’ portfolio optimizing, etc. For this purpose we carried out a survey on a representative sample of Macedonian companies and the data will be analyzed with many statistical tools. This analysis will enable identification of the reasons and limiting factors in the capital market functioning in Republic of Macedonia and a proposal of measures for its more dynamic development.

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 19 Nov 2019 10:22
Last Modified: 19 Nov 2019 10:22
URI: https://eprints.uklo.edu.mk/id/eprint/2055

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