Author: Ante Dodig
Publisher: Springer Nature
ISBN: 3031072103
Category : Business & Economics
Languages : en
Pages : 271
Book Description
This book considers the theme of capital markets prowess and its link with surrounding economic dexterity. It presents the story on the back of dual intertwined cornerstone pillars: The initial agenda sets the global macroeconomic context and its interplay with financial markets and sub-segment capital markets. Then the book moves to the evolvement of the inherent capital markets, from nascence to present day, and through profiling of the current operating surroundings. The latter pillar performs empirical research built upon Eugene Fama’s weak form efficiency theorem with statistical testing results further framing the comprehensive findings on five selected southeast European developing capital markets. Jointly the two parts present the first such well-documented capital markets set up complemented by wide-ranging empirical findings of inefficiency. The book introduces at first the global perspective, in which the growing globalization in the past decades has led to improved efficiencies, to faster innovation, and to greater systemic connectedness and meaningfully so by an increasing contribution from transitioning economies. Nevertheless, in higher systemic concentration there is an implied higher volatility risk and evidence has revealed dichotomous reaction through divergence in impact between the developed and the developing economies. The capital markets industry is at the forefront of financial innovation and many aspects in its function and power are a determining factor in wider socio-economic progress. The findings uncover details of market structure and role and with that this work creates significant new knowledge on the industry, and will be of particular interest to investors, taxpayers, academics, researchers, and policy makers of capital markets.
Capital Markets in Southeast Europe
Author: Ante Dodig
Publisher: Springer Nature
ISBN: 3031072103
Category : Business & Economics
Languages : en
Pages : 271
Book Description
This book considers the theme of capital markets prowess and its link with surrounding economic dexterity. It presents the story on the back of dual intertwined cornerstone pillars: The initial agenda sets the global macroeconomic context and its interplay with financial markets and sub-segment capital markets. Then the book moves to the evolvement of the inherent capital markets, from nascence to present day, and through profiling of the current operating surroundings. The latter pillar performs empirical research built upon Eugene Fama’s weak form efficiency theorem with statistical testing results further framing the comprehensive findings on five selected southeast European developing capital markets. Jointly the two parts present the first such well-documented capital markets set up complemented by wide-ranging empirical findings of inefficiency. The book introduces at first the global perspective, in which the growing globalization in the past decades has led to improved efficiencies, to faster innovation, and to greater systemic connectedness and meaningfully so by an increasing contribution from transitioning economies. Nevertheless, in higher systemic concentration there is an implied higher volatility risk and evidence has revealed dichotomous reaction through divergence in impact between the developed and the developing economies. The capital markets industry is at the forefront of financial innovation and many aspects in its function and power are a determining factor in wider socio-economic progress. The findings uncover details of market structure and role and with that this work creates significant new knowledge on the industry, and will be of particular interest to investors, taxpayers, academics, researchers, and policy makers of capital markets.
Publisher: Springer Nature
ISBN: 3031072103
Category : Business & Economics
Languages : en
Pages : 271
Book Description
This book considers the theme of capital markets prowess and its link with surrounding economic dexterity. It presents the story on the back of dual intertwined cornerstone pillars: The initial agenda sets the global macroeconomic context and its interplay with financial markets and sub-segment capital markets. Then the book moves to the evolvement of the inherent capital markets, from nascence to present day, and through profiling of the current operating surroundings. The latter pillar performs empirical research built upon Eugene Fama’s weak form efficiency theorem with statistical testing results further framing the comprehensive findings on five selected southeast European developing capital markets. Jointly the two parts present the first such well-documented capital markets set up complemented by wide-ranging empirical findings of inefficiency. The book introduces at first the global perspective, in which the growing globalization in the past decades has led to improved efficiencies, to faster innovation, and to greater systemic connectedness and meaningfully so by an increasing contribution from transitioning economies. Nevertheless, in higher systemic concentration there is an implied higher volatility risk and evidence has revealed dichotomous reaction through divergence in impact between the developed and the developing economies. The capital markets industry is at the forefront of financial innovation and many aspects in its function and power are a determining factor in wider socio-economic progress. The findings uncover details of market structure and role and with that this work creates significant new knowledge on the industry, and will be of particular interest to investors, taxpayers, academics, researchers, and policy makers of capital markets.
SOUTHEAST EUROPEAN CAPITAL MARKETS: DYNAMICS, RELATIONSHIP AND SOVEREIGN CREDIT RISK
Author: Ani Stoykova
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110648326
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Important contribution of this book is testing the investors’ influence and accounting information on the Bulgarian capital markets and their relations with credit default swap spreads. Bulgarian capital market is a part of the SEE group countries and it is a developing country and in the process of its development, people and investors should learn more about risk, credit risk management, and their relation to the rules of the listed companies and agencies. Many factors may provoke a change in stock prices: financial and monetary policies, macroeconomic conditions, investors’ expectations and country’s sovereign credit risk. Accepting sovereign CDS spreads as measurements of investment expectations regarding the development of Bulgarian capital market, we review the role of accounting information in CDS pricing because the accounting data may help investors make the most effective decision. The aim will be accomplished by creating an empirical model, based on the theoretical ones, including a panel data approach, several accounting variables, which are expected to have an impact on CDS spreads.n this research, we analyze the joint movement of eleven financial markets of South East Europe (SEE) - Bulgaria, Croatia, Greece, Serbia, Slovenia, Turkey, Romania, Montenegro, Macedonia, Banja Luka and Sarajevo (Bosnia and Herzegovina) using correlation and regression analysis during the period 2005-2015. We reveal the role of investors’ expectations on the capital markets dynamics and sovereign credit risk in Bulgaria. Buy this book on degruyter.com“A href="https://www.degruyter.com/view/product/525145">https://www.degruyter.com/view/product/525145
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110648326
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Important contribution of this book is testing the investors’ influence and accounting information on the Bulgarian capital markets and their relations with credit default swap spreads. Bulgarian capital market is a part of the SEE group countries and it is a developing country and in the process of its development, people and investors should learn more about risk, credit risk management, and their relation to the rules of the listed companies and agencies. Many factors may provoke a change in stock prices: financial and monetary policies, macroeconomic conditions, investors’ expectations and country’s sovereign credit risk. Accepting sovereign CDS spreads as measurements of investment expectations regarding the development of Bulgarian capital market, we review the role of accounting information in CDS pricing because the accounting data may help investors make the most effective decision. The aim will be accomplished by creating an empirical model, based on the theoretical ones, including a panel data approach, several accounting variables, which are expected to have an impact on CDS spreads.n this research, we analyze the joint movement of eleven financial markets of South East Europe (SEE) - Bulgaria, Croatia, Greece, Serbia, Slovenia, Turkey, Romania, Montenegro, Macedonia, Banja Luka and Sarajevo (Bosnia and Herzegovina) using correlation and regression analysis during the period 2005-2015. We reveal the role of investors’ expectations on the capital markets dynamics and sovereign credit risk in Bulgaria. Buy this book on degruyter.com“A href="https://www.degruyter.com/view/product/525145">https://www.degruyter.com/view/product/525145
Globalization, Southeastern Europe, and the World Economy
Author: Fikret Causevic
Publisher: Routledge
ISBN: 1317569369
Category : Business & Economics
Languages : en
Pages : 207
Book Description
This book explores the key economic issues facing Southeastern Europe and Bosnia and Herzegovina, within the context of the serious challenges that the global economy has faced in recent years. The book combines rigorous analysis of the issues faced by the region with a constructive approach to identifying solutions for a positive future trajectory. The book starts by exploring the economic challenges facing the world economy both before and during the global economic crisis. The second part of the volume focuses on south-eastern Europe, and especially on the Western Balkans, assessing the best ways of achieving a positive economic future for small open economies in the region. The final part of the volume examines the economic challenges in Bosnia and Herzegovina. The final section examines the economic challenges in Bosnia and Herzegovina, arguing that it is most useful to view the country within the context of the regional and global economies. The book will be extremely useful for scholars working on European Economics, transition economics, and the global economy and the financial crisis.
Publisher: Routledge
ISBN: 1317569369
Category : Business & Economics
Languages : en
Pages : 207
Book Description
This book explores the key economic issues facing Southeastern Europe and Bosnia and Herzegovina, within the context of the serious challenges that the global economy has faced in recent years. The book combines rigorous analysis of the issues faced by the region with a constructive approach to identifying solutions for a positive future trajectory. The book starts by exploring the economic challenges facing the world economy both before and during the global economic crisis. The second part of the volume focuses on south-eastern Europe, and especially on the Western Balkans, assessing the best ways of achieving a positive economic future for small open economies in the region. The final part of the volume examines the economic challenges in Bosnia and Herzegovina. The final section examines the economic challenges in Bosnia and Herzegovina, arguing that it is most useful to view the country within the context of the regional and global economies. The book will be extremely useful for scholars working on European Economics, transition economics, and the global economy and the financial crisis.
Nordic, Central, and Southeastern Europe 2014
Author: Wayne C. Thompson
Publisher: Rowman & Littlefield
ISBN: 1475812248
Category : Education
Languages : en
Pages : 589
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present.
Publisher: Rowman & Littlefield
ISBN: 1475812248
Category : Education
Languages : en
Pages : 589
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present.
Nordic, Central, and Southeastern Europe 2015-2016
Author: Wayne C. Thompson
Publisher: Rowman & Littlefield
ISBN: 1475818831
Category : Education
Languages : en
Pages : 589
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, decentralization and states if a federation, parties, political leaders, and elections. There are also sections on foreign and defense policy, economy, culture, future, and a comprehensive bibliography. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 14th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Publisher: Rowman & Littlefield
ISBN: 1475818831
Category : Education
Languages : en
Pages : 589
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, decentralization and states if a federation, parties, political leaders, and elections. There are also sections on foreign and defense policy, economy, culture, future, and a comprehensive bibliography. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 14th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Nordic, Central, and Southeastern Europe 2018-2019
Author: Wayne C. Thompson
Publisher: Rowman & Littlefield
ISBN: 1475841523
Category : Reference
Languages : en
Pages : 623
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 18th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Publisher: Rowman & Littlefield
ISBN: 1475841523
Category : Reference
Languages : en
Pages : 623
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 18th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Nordic, Central, and Southeastern Europe 2017-2018
Author: Marek Payerhin
Publisher: Rowman & Littlefield
ISBN: 1475835132
Category : Reference
Languages : en
Pages : 623
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 17th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Publisher: Rowman & Littlefield
ISBN: 1475835132
Category : Reference
Languages : en
Pages : 623
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 17th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Nordic, Central, and Southeastern Europe 2016-2017
Author: Marek Payerhin
Publisher: Rowman & Littlefield
ISBN: 1475828977
Category : Education
Languages : en
Pages : 615
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 16th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Publisher: Rowman & Littlefield
ISBN: 1475828977
Category : Education
Languages : en
Pages : 615
Book Description
This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 16th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Nordic, Central, and Southeastern Europe 2023–2024
Author: Wayne C. Thompson
Publisher: Rowman & Littlefield
ISBN: 1538176130
Category : Education
Languages : en
Pages : 630
Book Description
Nordic, Central, and Southeastern Europe 2020–2022 provides students with vital information on these countries through a thorough and expert overview of political and economic histories, current events, and emerging trends.
Publisher: Rowman & Littlefield
ISBN: 1538176130
Category : Education
Languages : en
Pages : 630
Book Description
Nordic, Central, and Southeastern Europe 2020–2022 provides students with vital information on these countries through a thorough and expert overview of political and economic histories, current events, and emerging trends.
Nordic, Central, and Southeastern Europe 2022–2023
Author: Wayne C. Thompson
Publisher: Rowman & Littlefield
ISBN: 1538165856
Category : History
Languages : en
Pages : 627
Book Description
The World Today Series: Nordic, Central, and Southeastern Europe is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students. Now in its 21st edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.
Publisher: Rowman & Littlefield
ISBN: 1538165856
Category : History
Languages : en
Pages : 627
Book Description
The World Today Series: Nordic, Central, and Southeastern Europe is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students. Now in its 21st edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.