|29th IBIMA Conference
3 - 4 May 2017
A Brief Overview of the Bucharest Stock Exchange in the Context of Central and Eastern European Capital Markets
Pop (Anghel) Ioana and Man Mariana,
There is a general consensus regarding the fact that the progress and efficiency of capital markets are closely linked to general macroeconomic development and stability. The present paper examines the Romanian Bucharest Stock Exchange and compares it to other notable Central and Eastern-European capital markets from EU member countries: Poland, Croatia and Hungary. We conclude that the Romanian capital market is a young emerging market, with a considerable growth potential, that failed however to reach a high level of development, due to its significant link to the uncertainties regarding domestic economic and political instability. Moreover, the Bucharest Stock Exchange is currently expanding, with the aim of providing financing solutions for domestic and foreign companies, in addition to supplying investment opportunities for local or international investors alike.