6533b829fe1ef96bd128af0c

RESEARCH PRODUCT

Access to Finance: Baltic Financial Markets

Ramona Rupeika-apoga

subject

Financebusiness.industryBaltic financial marketsFinancial intermediaryGeography of financeGeneral EngineeringEnergy Engineering and Power TechnologyFinancial systemStock marketsLoansVenture capitalIndirect financeEconomicsAccess to financeStructured financeAccess to financebusinessFinancial market efficiencyCapital marketSocial studies of finance

description

Abstract Access to finance is considered one of the main obstacles to successful financial market development. Access to finance was second-ranked most pressing problem faced by companies in the Euro Area and one of the main barriers to company's innovation capacity. The study results highlight the need to recognize that countries require sound and well-functioning financial markets. Only in this case financial markets can provide much needed sources of investments such as sound banking loans, properly regulated securities exchanges, venture capital, and other resources.

10.1016/s2212-5671(14)00019-7http://dx.doi.org/10.1016/s2212-5671(14)00019-7