- Issuing corporate securities in Slovakia against a backgroud of globa…
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Issuing corporate securities in Slovakia against a backgroud of globalization

  1. Krištofík, Peter, 1971-

    Issuing corporate securities in Slovakia against a backgroud of globalization / Peter Krištofík ... [et al.]. -- Globalization creates pressure on all companies to become more competitive, including in acquiring financial resources. This paper assesses the current state and future development of the Slovak capital market in the light of that market's history. We use data on past trends to interpret current developments. Corporate securities emissions have risen, but are still very low relative to GDP. We argue that the narrow interest spread between bank deposits and bank loans reduces incentives to create securities. But that could be a viable alternative when companies are unable to borrow from banks. Using a case study of Tatry Mountain Resorts a. s., we argue that Slovakia could be a good environment for corporate securities emissions, for globally active companies.

    In New trends and issues proceedings on humanities and social sciences : 5th world conference on business, economics and management BEM 2016, Istanbul, 12-14 May 2016. -- Nicosia : Academic World Education & Research Center, 2017. -- ISSN 2421-8030. -- Vol. 3, no. 4 (2017), pp. 129-136
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