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The Role of Stock Exchange in Romanian Market Capital Development

Author

Listed:
  • Oana Caliþoiu

    (University of Craiova)

Abstract

It is known that the stock is represented as a “barometer” for the economic and financial life in a country or on international basis, an indicator of world status for business and economic perspectives. Through this role, this becomes a symbol of market economy and an interest object not only for the business circles but also for the whole community. Without stocks, the possibilities of transactions might reduce to direct negotiations between business partners, in the detriment of small agencies. We only need to prove the role of stocks in market economy and especially in financing economy.

Suggested Citation

  • Oana Caliþoiu, 2012. "The Role of Stock Exchange in Romanian Market Capital Development," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1306-1310, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1306-1310
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    More about this item

    Keywords

    stock market; capital; financial crisis;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G01 - Financial Economics - - General - - - Financial Crises

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