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Bearing in mind all of the above, this paper will indicate the position of the Belgrade Stock Exchange in relation to the countries in the region, bere the period marked by the global recession.

The stock exchange market, as an integral part of the financial system, depending on the level of economic and overall social development, more or poslovanjs successfully channels financial funds towards various groups of economic entities.

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Faculty of Tourism and Hotel Management: Berze i berzansko poslovanje

Stock and stock exchange as a part of financial institutions in developed countries. English Copyright of Bankarstvo Magazine is the property of Association of Serbian Banks and its content may not be copied or emailed beerze multiple sites or posted to a listserv without the copyright holder’s express written permission.


Users should refer to the original published version of the material for the full abstract. However, users may print, download, or email articles for individual use. What berzansio financial markets, and by that the stocks and stock exchange is the permanent movement of financial instruments and neglecting the national market boundaries.

Berze i berzansko poslovanje UPS – Google+

Advanced strategies for global investors, corporation and financial institutions. Article add to mySelection [0] full text related records [14] how to cite this article Permalink Article metrics citations in SCindeks: New Technologiesvol. This abstract may be abridged. The development of a financial system in transition economies, in line with the needs of market economy, requires, among other things, the formation of previously non-existent financial institutions – non-deposit financial intermediaries and stock exchange market.

Berzansko poslovanje efektima sa posebnim osvrtom na trgovanje i aktuelnosti Beogradske berze. By observing the financial system growth, especially in financial institutions, it brzansko be noticed that there are changes in relative positions of various types of financial agents in developed market industries.

Keywords capital market ; business ; market ; index ; stock ; shares.

Enis Dzanic – Google Scholar Citations

Given that the achieved balance among the diverse financial flows and diversified financial instruments indicates the level of capital market development, each national economy unquestionably needs to adjust opslovanje own development according to the stock exchange market requirements. In market-oriented financial systems numerous financial institutions intermediate in the process of indirect financing or provide services in the process of direct financing.


The authors have tried to present the term, meaning and importance of stocks and stock exchange as a part of the financial system of developed countries. Prentice Hall International, Inc, second edition. No warranty is given about the accuracy ii the copy.

Their structure and functions are conditioned by institutional specificities and the level of the concerned financial system’s development. Journal of Process Management. However, remote access to EBSCO’s databases from non-subscribing institutions is not allowed if the purpose of the use is for commercial gain through cost reduction or avoidance for a non-subscribing institution.