THE EFFECTS OF MANDATORY LISTING ON THE MACEDONIAN STOCK EXCHANGE




Abstract:
One of the main features of the macedonian shareholding companies in the past was their lack of transparency, which went straight to the detriment of the minority shareholders and investors. Republic of Macedonia, in the interest of increasing transparency and thus reactivating of the stock market, providing more attractiveness to potential investors, but also to improve liquidity, on 15.03.2013 adopted new rules for listing by which is provided a new type of the listing on stock market. Since the adoption of new rules over 80 Macedonian companies found themselves on the market sub-segment - mandatory listing. Of those reasons mandatory listing was evaluated as a good example of positive change. Nowadays when past more than a year of practical application of the new rules for listing, it seems quite logical and quite justified in this paper to make an analysis of whether the mandatory listing justify the initial goals and what effects has achieved.

CITATION:

IEEE format

A. Mateski, E. Mateska, “THE EFFECTS OF MANDATORY LISTING ON THE MACEDONIAN STOCK EXCHANGE,” in FINIZ 2014 - The Role of Financial Reporting in Corporate Governance, Belgrade, Singidunum University, Serbia, 2014, pp. 70-72. doi: 10.15308/finiz-2014-70-72 

APA format

Mateski, A., Mateska, E. (2014). THE EFFECTS OF MANDATORY LISTING ON THE MACEDONIAN STOCK EXCHANGE. Paper presented at FINIZ 2014 - The Role of Financial Reporting in Corporate Governance. doi:10.15308/finiz-2014-70-72

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