PROBLEMS OF THE INTRODUCTION OF DERIVATIVE INSTRUMENTS ON THE BULGARIAN STOCK EXCHANGE
Abstract
The capital market in Bulgaria is significantly behind the EU market. It is characterized by low market capitalization, a small number of listed companies and a scant interest in financing by both institutional investors and individual investors. Of course, this fact can be explained by the insufficient awareness of the population about the opportunities this market offers, and that would be true, but it would not be enough. The crunch in the development of the capital market in Bulgaria leads to a number of important consequences for the economy, perhaps the most significant of which is the strengthening of the role of commercial banks as the most important sources of credit resources. The report monitors the state of the Bulgarian capital market and seeks opportunities for the widespread penetration of derivative instruments that will increase the interest of investors and lead to attracting additional capital to the capital market in the country.
Keywords
Full Text:
PDFReferences
Angelov, Iv., Svetovnata ikonomicheska kriza i Balgariya, „Prof. Marin Drinov", S., 2010.
Asenova, M., St. Baklicharov, M. Vrachovska, Finansovi pazari, „Avangardprint», Ruse, 2008.
Asenova, M., Finansovi pazari, „Faber”, V. Tarnovo, 2012.
Asenova, M., Fondovi borsi, „Faber”, V. Tarnovo, 2012.
Vachkov, St. i dr., Vavedenie v bankovoto delo, „Steno”, V. 2009.
Vachkov, St. i dr. Resheniya v korporativnite finansi, R.I.S., V., 2011.
Vachkov, St i dr. Finansovi izmereniya na ikonomicheskata svoboda, „Steno”, Varna, 2009.
Vatev, Zh., B. Bozhinov, Analiz na bankovata deynost, Akademichno izdatelstvo „D.Ap.Tsenov”, Svishtov, 2013.
Vatev, Zh. i dr. Finansov menidzhmant na bankata, Izdatelstvo „Avangard print”, Ruse, 2007.
Georgiev, G. i kol. Investitsii, „Makros 2000“, 2013.
Keyns, Dzh.M. Obshta teoriya na zaetostta, lihvata i parite, S. 1993.
Krastev, B. Finansov analiz, „Talanti“ Plovdiv, 2013.
Krastev, B. Proektno finansirane i tehniki, „Avangard prim”, 2017.
Krastev, B.i kol. Korporativni finansi, „Avangard prim”, 2013.
Kanev, M. Ideyata za progres otvad ikonomikata. „Iztok-Zapad“, 2013.
Maslarov, Sv. Mezhdunarodni finansi. NBU, 2011.
Mishkin, Fr. Teoriya na parite, bankovoto delo i finansovite pazari, „Iztok-Zapad“, 2014.
Stoilova, D. Finansi i finansovo upravlenie na firmata. BON, Blagoevgrad, 2015.
Refbacks
- There are currently no refbacks.
New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria - contract № КП-06-НП1/5 of 17.12.2019 in the competition of Bulgarian scientific periodicals – 2019
New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria – contract № ДНП 05/52 от 22.12.2016 in the competition of Bulgarian scientific periodicals – 2016
The contents of this publication do not necessarily reflect the position or opinion of the National Science Fund of the Republic of Bulgaria. The opinions expressed are those of the author(s) only and should not be considered as representative of the National Science Fund’s official position.
National Science Fund of Bulgaria
