 The Role of Consulting in the Development of Financial Market in SerbiaBranko Mihailovic, Drago Cvijanovic and Natasa Mihailovic Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2012, vol. 58, issue 3 Abstract: Organizations that provide consulting services relating to the performance and activity in the financial markets lead to a corresponding positive chain reaction. Namely, the domestic and foreign companies wishing to invest in providing information regarding the selection of investments, as well as information about the performance of companies in which it invests. Such business information leads to a reduction in risk, which is immanent to the business activity, especially one that is realized through the financial markets. The risk increases with uncertainty, respectively, when there is poor access to the necessary business informations. Reducing the risk increases the attractiveness of the investment, which is a stimulant for domestic and foreign investors to evaluate various combinations of risk / return. Increasing levels of investment in local companies develop the capital market as an integral part of the domestic financial market, with the inflow of funds realized through investments in new businesses, the recapitalization of existing companies, the consolidation of the financial system. Keywords: Risk; and; Uncertainty (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:289117 Access Statistics for this article More articles in Ekonomika, Journal for Economic Theory and Practice and Social Issues from Society of Economists Ekonomika, Nis, Serbia |
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