ASPECTS REGARDING THE DEVELOPMENT OF BUCHAREST STOCK EXCHANGE
Capital market in Romania is in a slow process of development, because the performances of the Bucharest Stock Exchange (BSE) are ranking it among the last ones in Europe. The causes of slow development of capital market and remain behind compared to other Eastern European markets are numerous and c...
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ftdoajarticles:oai:doaj.org/article:a67a636dc8b541dd8f9f72baffd07c92 2023-05-15T15:06:08+02:00 ASPECTS REGARDING THE DEVELOPMENT OF BUCHAREST STOCK EXCHANGE Mirela MATEI 2008-12-01T00:00:00Z https://doaj.org/article/a67a636dc8b541dd8f9f72baffd07c92 EN FR RO eng fre rum Romanian Academy http://www.revecon.ro/articles/2008-2/2008-2-10.pdf https://doaj.org/toc/1220-5567 1220-5567 https://doaj.org/article/a67a636dc8b541dd8f9f72baffd07c92 Revista Romana de Economie, Vol 27, Iss 2, Pp 145-159 (2008) securities derivatives capital markets development integration and financial innovation Economics as a science HB71-74 article 2008 ftdoajarticles 2022-12-31T00:47:56Z Capital market in Romania is in a slow process of development, because the performances of the Bucharest Stock Exchange (BSE) are ranking it among the last ones in Europe. The causes of slow development of capital market and remain behind compared to other Eastern European markets are numerous and consist of: late establishment of the two parts of the capital market û stock exchange and OTC market, modest use of capital market in the privatization process of state-owned companies; compromise of investment funds after scandals with SAFI and FNI; delay reform of the pension system, withdrawal from Bucharest Stock Exchange of major companies such as Dacia Pite║ti, Arctic Gπie║ti or Terapia Cluj Napoca, using bank credit as financing method of Romanian companies. Products lunched by BSE must satisfy the requirements of local and foreign investors who were already accustomed to derivatives launched by the Financial and Commodities Exchange from Sibiu. In addition, Bucharest Stock Exchange should use the experience of major European and American ones that run large financial processes of innovation and launched contracts on weather, volatility indices, price indexes for real estate, etc. Article in Journal/Newspaper Arctic Directory of Open Access Journals: DOAJ Articles Arctic |
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Directory of Open Access Journals: DOAJ Articles |
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English French Romanian |
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securities derivatives capital markets development integration and financial innovation Economics as a science HB71-74 |
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securities derivatives capital markets development integration and financial innovation Economics as a science HB71-74 Mirela MATEI ASPECTS REGARDING THE DEVELOPMENT OF BUCHAREST STOCK EXCHANGE |
topic_facet |
securities derivatives capital markets development integration and financial innovation Economics as a science HB71-74 |
description |
Capital market in Romania is in a slow process of development, because the performances of the Bucharest Stock Exchange (BSE) are ranking it among the last ones in Europe. The causes of slow development of capital market and remain behind compared to other Eastern European markets are numerous and consist of: late establishment of the two parts of the capital market û stock exchange and OTC market, modest use of capital market in the privatization process of state-owned companies; compromise of investment funds after scandals with SAFI and FNI; delay reform of the pension system, withdrawal from Bucharest Stock Exchange of major companies such as Dacia Pite║ti, Arctic Gπie║ti or Terapia Cluj Napoca, using bank credit as financing method of Romanian companies. Products lunched by BSE must satisfy the requirements of local and foreign investors who were already accustomed to derivatives launched by the Financial and Commodities Exchange from Sibiu. In addition, Bucharest Stock Exchange should use the experience of major European and American ones that run large financial processes of innovation and launched contracts on weather, volatility indices, price indexes for real estate, etc. |
format |
Article in Journal/Newspaper |
author |
Mirela MATEI |
author_facet |
Mirela MATEI |
author_sort |
Mirela MATEI |
title |
ASPECTS REGARDING THE DEVELOPMENT OF BUCHAREST STOCK EXCHANGE |
title_short |
ASPECTS REGARDING THE DEVELOPMENT OF BUCHAREST STOCK EXCHANGE |
title_full |
ASPECTS REGARDING THE DEVELOPMENT OF BUCHAREST STOCK EXCHANGE |
title_fullStr |
ASPECTS REGARDING THE DEVELOPMENT OF BUCHAREST STOCK EXCHANGE |
title_full_unstemmed |
ASPECTS REGARDING THE DEVELOPMENT OF BUCHAREST STOCK EXCHANGE |
title_sort |
aspects regarding the development of bucharest stock exchange |
publisher |
Romanian Academy |
publishDate |
2008 |
url |
https://doaj.org/article/a67a636dc8b541dd8f9f72baffd07c92 |
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Arctic |
geographic_facet |
Arctic |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
Revista Romana de Economie, Vol 27, Iss 2, Pp 145-159 (2008) |
op_relation |
http://www.revecon.ro/articles/2008-2/2008-2-10.pdf https://doaj.org/toc/1220-5567 1220-5567 https://doaj.org/article/a67a636dc8b541dd8f9f72baffd07c92 |
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1766337787134476288 |