Tourism Sector on the Zagreb Stock Exchange (ZSE): What is the Value of Croatian Tourism?

In this paper the author investigates and analyzes the historical and current data on the shares of the tourism sector on the Zagreb Stock Exchange (ZSE), and on that basis he is trying to estimate the value of entire Croatian tourism. He also argues that the lack of transparency of the domestic cap...

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Main Author: Penda Ivor Altaras
Format: Article
Language:English
Published: Libertas međunarodno sveučilište 2015-12-01
Series:Acta Economica et Turistica
Subjects:
Online Access:https://doi.org/10.1515/aet-2015-0003
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author Penda Ivor Altaras
author_facet Penda Ivor Altaras
author_sort Penda Ivor Altaras
collection DOAJ
description In this paper the author investigates and analyzes the historical and current data on the shares of the tourism sector on the Zagreb Stock Exchange (ZSE), and on that basis he is trying to estimate the value of entire Croatian tourism. He also argues that the lack of transparency of the domestic capital market, and in particular its inefficiency, is directly reflected on the tourism sector as its significant component. Tourism represents about 15% of the total Croatian economy, with clear indications that it is one of the few segments in which Croatia has certain success, and has significant progress in this part of the national economy. Thereby tourism sector deserves special attention on the securities market, which has one of the fundamental tasks to find funds on the market for financing development projects.
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spelling doaj.art-41ecdc1eea29417c86ee9d5c554e40e62022-12-21T16:43:15ZengLibertas međunarodno sveučilišteActa Economica et Turistica1849-921X2015-12-0111-2154010.1515/aet-2015-0003aet-2015-0003Tourism Sector on the Zagreb Stock Exchange (ZSE): What is the Value of Croatian Tourism?Penda Ivor Altaras0Sveučilište LibertasIn this paper the author investigates and analyzes the historical and current data on the shares of the tourism sector on the Zagreb Stock Exchange (ZSE), and on that basis he is trying to estimate the value of entire Croatian tourism. He also argues that the lack of transparency of the domestic capital market, and in particular its inefficiency, is directly reflected on the tourism sector as its significant component. Tourism represents about 15% of the total Croatian economy, with clear indications that it is one of the few segments in which Croatia has certain success, and has significant progress in this part of the national economy. Thereby tourism sector deserves special attention on the securities market, which has one of the fundamental tasks to find funds on the market for financing development projects.https://doi.org/10.1515/aet-2015-0003tourismzagreb stock exchangecapital marketsthe value of croatian tourism
spellingShingle Penda Ivor Altaras
Tourism Sector on the Zagreb Stock Exchange (ZSE): What is the Value of Croatian Tourism?
Acta Economica et Turistica
tourism
zagreb stock exchange
capital markets
the value of croatian tourism
title Tourism Sector on the Zagreb Stock Exchange (ZSE): What is the Value of Croatian Tourism?
title_full Tourism Sector on the Zagreb Stock Exchange (ZSE): What is the Value of Croatian Tourism?
title_fullStr Tourism Sector on the Zagreb Stock Exchange (ZSE): What is the Value of Croatian Tourism?
title_full_unstemmed Tourism Sector on the Zagreb Stock Exchange (ZSE): What is the Value of Croatian Tourism?
title_short Tourism Sector on the Zagreb Stock Exchange (ZSE): What is the Value of Croatian Tourism?
title_sort tourism sector on the zagreb stock exchange zse what is the value of croatian tourism
topic tourism
zagreb stock exchange
capital markets
the value of croatian tourism
url https://doi.org/10.1515/aet-2015-0003
work_keys_str_mv AT pendaivoraltaras tourismsectoronthezagrebstockexchangezsewhatisthevalueofcroatiantourism