IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2009v2p27-34.html
   My bibliography  Save this article

The meaning of investment funds for the developement of the stock markets in the Republic of Macedonia

Author

Listed:
  • Dragica Odzaklieska
  • Gordana Vitanova

    (Faculty of Economics-Prilep, Republic of Macedonia)

Abstract

Investment funds are quite typical representatives of the group of young and efficient financial intermediaries on the money market. These financial institutions have been created as a result of the rapid development of stock markets in industrialized countries. As a matter of facts, in these countries investment funds overtook traditional instruments from other financial institutions. We can mention for example savings and credits from banks, pension plans and retirements from pension funds as well as assurance policies from assurance companies. Therefore the role of investment funds is to intermediate between the industry and people as investors and between companies and the public sector as issuers of long term securities. The object of this study is to analyze the meaning of these same investment funds on stock markets in transition countries and in particular in the Republic of Macedonia.

Suggested Citation

  • Dragica Odzaklieska & Gordana Vitanova, 2009. "The meaning of investment funds for the developement of the stock markets in the Republic of Macedonia," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 27-34, November.
    • Handle: RePEc:cbu:jrnlec:y:2009:v:2:p:27-34
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2009-02/3_ALIMBAEV_FARKHAD_DRAGICA_ODZAKLIESKA_PREL.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    investment funds; stock market;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2009:v:2:p:27-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.