Browse

Stock market development is crucial to any economy, as a funding alternative to bank lending, as well as the value added to the overall economy. One of the measurements to evaluate economic advancement is stock market capitalization (mcap) to gross domestic product (GDP), in this indicator Latvia is in one of the last places in the European Union (EU). Therefore, the main goal is to assess the landscape and Latvia’s potential to reach neighboring countries’ mcap to GDP level using existing registered companies, as...

Stock market in Latvia necessitates to be increased in size to attract more investors and encourage economic development. The opportunity for stock market’s enhancement are registered companies in Latvia. What is the landscape of Latvian registered companies and weather, there are enough companies with financial profile having potential for stock market listing, that is the question to be assessed by the authors, comparing those companies’ financial profile to the average Baltic States and Nordic countries stock m...