Investor Relations on the Western Balkanas Stock Market: A Comparative Study
Keywords:
investor relations, communications, internet, shareholders, stock market
Abstract
In this work we analyses IR development of Serbian and Croatian companies listed on stock markets which are within indices Belex 15, BelexLine (Belgrade Stock Exchange) and Crobex (Zagreb Stock Exchange). Our results indicate that IR techniques have diffused from countries following the Anglo-American economic model to The Western Balkan's countries. Serbia and Croatia have adopted laws and regulations in order to facilitate the establishment of stock markets. These new regulatory regimes have largely been influenced by the EU especially for countries gaining or planning to gain membership. The emergence of IR practices and IR departments in the Serbia and Croatia contributes to the development of corporate governance structures and market transparency.
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Published
2013-08-06
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