Transformation of investment funds in the Republic of Srpska

In the process of transformation of the socialist system, the need was imposed for the development of a market way of doing business following the example of the economies of market developed countries. In this context, the Republic of Srpska is pursuing an economic transition to enable the establis...

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Main Author: Starčević Vitomir
Format: Article
Language:English
Published: Viša ekonomska škola Peć, Leposavić 2021-01-01
Series:Ekonomski Signali
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2021/1452-44572102101S.pdf
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author Starčević Vitomir
author_facet Starčević Vitomir
author_sort Starčević Vitomir
collection DOAJ
description In the process of transformation of the socialist system, the need was imposed for the development of a market way of doing business following the example of the economies of market developed countries. In this context, the Republic of Srpska is pursuing an economic transition to enable the establishment of a marketorganized economy. Privatization of state capital in companies is an indispensable precondition for the implementation of this goal. This would enable the establishment of a market economy and an open and liquid capital market. To achieve this, the key task is to establish an efficient financial system that is the most important part of the overall economic system. This imposes the need for the presence of well-trained financial institutions to operate in the newly emerging market conditions. Therefore, in the Republic of Srpska, attention is paid to the transformation of already existing financial institutions and the formation and transformation of new ones, such as investment funds. The formation and transformation of investment funds is of great importance in supporting the market economy. Consequently, the research in this article is focused on the chronological presentation of the transformation of investment funds in the Republic of Srpska and their operations in order to see to what extent they have influenced or not the development of corporate management and capital markets.
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spelling doaj.art-bc8cb5c3deef43ffb8aeaab01379f5342022-12-22T00:15:48ZengViša ekonomska škola Peć, LeposavićEkonomski Signali1452-44572560-33022021-01-0116210111410.5937/ekonsig2102101S1452-44572102101STransformation of investment funds in the Republic of SrpskaStarčević Vitomir0https://orcid.org/0000-0002-5535-0396Univerzitet u Istočnom Sarajevu, Fakultet poslovne ekonomije Bijeljina, Bijeljina, Republika Srpska, BiHIn the process of transformation of the socialist system, the need was imposed for the development of a market way of doing business following the example of the economies of market developed countries. In this context, the Republic of Srpska is pursuing an economic transition to enable the establishment of a marketorganized economy. Privatization of state capital in companies is an indispensable precondition for the implementation of this goal. This would enable the establishment of a market economy and an open and liquid capital market. To achieve this, the key task is to establish an efficient financial system that is the most important part of the overall economic system. This imposes the need for the presence of well-trained financial institutions to operate in the newly emerging market conditions. Therefore, in the Republic of Srpska, attention is paid to the transformation of already existing financial institutions and the formation and transformation of new ones, such as investment funds. The formation and transformation of investment funds is of great importance in supporting the market economy. Consequently, the research in this article is focused on the chronological presentation of the transformation of investment funds in the Republic of Srpska and their operations in order to see to what extent they have influenced or not the development of corporate management and capital markets.https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2021/1452-44572102101S.pdftransformationrepublic of srpskacapital marketinvestment fundscorporate management
spellingShingle Starčević Vitomir
Transformation of investment funds in the Republic of Srpska
Ekonomski Signali
transformation
republic of srpska
capital market
investment funds
corporate management
title Transformation of investment funds in the Republic of Srpska
title_full Transformation of investment funds in the Republic of Srpska
title_fullStr Transformation of investment funds in the Republic of Srpska
title_full_unstemmed Transformation of investment funds in the Republic of Srpska
title_short Transformation of investment funds in the Republic of Srpska
title_sort transformation of investment funds in the republic of srpska
topic transformation
republic of srpska
capital market
investment funds
corporate management
url https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2021/1452-44572102101S.pdf
work_keys_str_mv AT starcevicvitomir transformationofinvestmentfundsintherepublicofsrpska