Investor Relations on the Western Balkanas Stock Market: A Comparative Study

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Bojan Djordjevic
Bojan Djordjevic
1 Faculty of management Zajecar Megatrend university Belgrade

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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.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

Bojan Djordjevic. 2013. \u201cInvestor Relations on the Western Balkanas Stock Market: A Comparative Study\u201d. Global Journal of Management and Business Research - D: Accounting & Auditing GJMBR-D Volume 13 (GJMBR Volume 13 Issue D4): .

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GJMBR Volume 13 Issue D4
Pg. 49- 59
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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August 6, 2013

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English

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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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Investor Relations on the Western Balkanas Stock Market: A Comparative Study

Bojan Djordjevic
Bojan Djordjevic Faculty of management Zajecar Megatrend university Belgrade

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