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PARTICIPATION OF SECURITIES IN CAPITAL MARKET DEVELOPMENT IN REPUBLIC OF SRPSKA

By
Vitomir Starčević ,
Vitomir Starčević

University of East Sarajevo, Faculty of Business Economics Bijeljina , Bijeljina , Bosnia and Herzegovina

Slobodan Subotić ,
Slobodan Subotić

University of East Sarajevo , Doboj , Bosnia and Herzegovina

Siniša Božičković
Siniša Božičković

University of East Sarajevo , Doboj , Bosnia and Herzegovina

Abstract

In order to establish open market economy in the Republic of Srpska, it is necessary to establish an efficient financial system. That requires the existence of open and liquid capital market. In economies that are in transition, such as the economy of the Republic of Srpska, the efficient financial system is particularly significant for raising capital. Capital can also be raised with securities. without well-developed and efficient capital market, It is not achievable. Practical experience has shown that development of capital market depends on various determinants. For the development of efficient capital market, one of the most significant determinants is a great number of securities suitable for trading. Therefore, this research article will be focused on presentation and analysis of the shares of securities in the development of capital market in the Republic of Srpska.

References

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