Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24582 
Year of Publication: 
2002
Series/Report no.: 
ZEW Discussion Papers No. 02-57
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
The picture of the securities exchanges and financial sectors in CEE countries is still relatively unfavorable. The CEE securities exchanges – with the only exception of the Warsaw Stock Exchange – are, in comparison with their western counterparts, underdeveloped and less important for the domestic economies in general and for corporate finance in particular. The CEE securities exchanges are under pressure for several reasons and should change their form of (international) organization to ensure future success. Stronger international integration of the exchanges could also improve the integration of CEE companies into international capital markets.
Subjects: 
Securities Exchanges
Corporate Finance
Central and Eastern Europe
JEL: 
G2
G3
O16
P2
Document Type: 
Working Paper

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