THE PRESENCE OF SMES AT BUCHAREST STOCK EXCHANGE

Cornelia Pop and Cristina Balint ()
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Cornelia Pop: Department of Business, Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania
Cristina Balint: Department of Business, Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania

JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, 2013

Abstract: The importance and contribution of the SME sector to the economic growth was frequently stated and discussed. While Bucharest Stock Exchange does not have a dedicated segment for SMEs, we concentrate our attention on this stock exchange, considered to be a frontier emerging market, due to the fact that the market capitalization was notoriously low. The natural question that arisen was: how many of Bucharest Stock Exchange listed companies are SMEs? The present paper documents the presence of SMEs within Bucharest Stock Exchange 2nd category and tests the size effect for a number of 10 selected companies, which were split in two portfolios.

Keywords: tourism; corporate social responsibility (CSR); customer relations; marketing research (search for similar items in EconPapers)
JEL-codes: G1 G19 M19 (search for similar items in EconPapers)
Date: 2013
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http://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_3_2013.pdf Revised version, 2013 (application/pdf)

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