The Role of Stock Exchange in Romanian Market Capital Development

Oana Caliþoiu ()
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Oana Caliþoiu: University of Craiova

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 1306-1310

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.

Keywords: stock market; capital; financial crisis (search for similar items in EconPapers)
JEL-codes: G01 G10 (search for similar items in EconPapers)
Date: 2012
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