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2010, iss. 3, pp. 81-96
Investment funds in developing countries
Visoka poslovna škola strukovnih studija, Blace
Investment funds are no banking financial institutions that collect savings of individual investors in order to invest capital on financial market. The importance of investment funds in developed financial markets and their role in innovating investments is very significant, and therefore interesting from the aspect of potentially giving impetus to the developing countries financial market development an overall economic growth. Capital market in Serbia is undeveloped and shallow, there is chronically missing of qualitative long term capital sources. In those circumstances, companies often have problem to supply capital, if they have not enough own capital. Companies in Serbia still decide rather for long term credits, although supplying capital through IPO (initial public offer) would be more rational solution, in the long time. Banks still have dominant role as debtors in Serbia.
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article language: Serbian
document type: Book/Journal Review
published in SCIndeks: 05/04/2011