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Author
Kompa Krzysztof (Warsaw University of Life Sciences - SGGW, Poland), Witkowska Dorota (University of Lodz, Poland)
Title
Comparison of European Capital Markets
Porównanie europejskich rynków kapitałowych
Source
Acta Scientiarum Polonorum. Oeconomia, 2016, R. 15, nr 1, s. 27-40, rys., rys., bibliogr. 16 poz.
Keyword
Kapitalizacja giełdowa spółek, Taksonomia, Rynek kapitałowy
Market capitalization of companies, Taxonomy, Capital market
Note
streszcz., summ.
Abstract
Rozwój systemów finansowych w krajach post-komunistycznych skutkował powstaniem rynków kapitałowych. Celem artykułu jest porównanie poziomu rozwoju giełd kapitałowych w krajach Europy Środkowo-Wschodniej z rozwiniętymi rynkami kapitałowymi. W badaniach przeprowadzono analizę giełd zrzeszonych w Europejskiej Federacji FESE. Badania obejmują sytuację na giełdach europejskich w latach 2000-2011 ze szczególnym uwzględnieniem giełd funkcjonujących w krajach post-komunistycznych. Dane pochodzące z FESE zostały poddane jedno- i wielowymiarowej analizie. Ta ostania pozwoliła na zbudowanie syntetycznych mierników rozwoju oraz klasyfikację giełd do grup o zbliżonym poziomie rozwoju. (abstrakt oryginalny)

Financial systems in European post-communist countries have been developing for two decades of market transformation, and in majority of Central and Eastern European states capital markets were created. Therefore the aim of the paper is to compare the level of development of these stock exchanges to the ones in developed economies. In the paper the analysis of capital markets, affiliated with the Federation of European Securities Exchanges (FESE) is provided. Investigation concerns the situation on stock exchanges in Europe in the time span 2000-2011, with the special emphasis on the stock exchanges operating in the post-communist states. The research is provided on the basis of FESE data, using single and multidimensional analysis. The European stock exchanges are classified to the homogenous groups applying synthetic measure of development. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
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Bibliography
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ISSN
1644-0757
Language
eng
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