This paper examines the relationship of the intrinsic value of companies and the price of their shares on stock exchanges. The research is based on an analysis of indicators of intrinsic values and market price trends among 37 companies from 7 stock exchanges in central and eastern European transition countries. Although a number of studies have confirmed a strong relationship between the intrinsic value of the company and the market price of shares on the stock markets of developed countries, this paper finds that such relationships in the case of companies from transition stock exchanges do not exist. Rather, a direct and very strong relationship exists among the share market price trends and among the leading market indexes of the observed stock exchanges.

Rights

URN

URN:NBN:SI:DOC-SA4V1VPO

COBISSID

11475228

Added

30.06.2014

Metadata

Citation

APA:

Alibegović, Džafer (2013). Relation of the intrinsic value of companies and share prices on the stock exchanges of central and eastern European transition countries. Naše gospodarstvo, volume 59, issue 3/4, str. 3-13. URN:NBN:SI:DOC-SA4V1VPO from http://www.dlib.si

MLA:

Alibegović, Džafer. "Relation of the intrinsic value of companies and share prices on the stock exchanges of central and eastern European transition countries." Naše gospodarstvo volume 59. issue 3/4 (2013) str. 3-13.
<http://www.dlib.si/?URN=URN:NBN:SI:DOC-SA4V1VPO>

Naše gospodarstvo
1955-
(Assembly record)

številka

Naše gospodarstvo
2013
(Complete issue)

Relation of the intrinsic value of companies and share prices on the stock exchanges of central and eastern European transition countriesPovezanost med notranjo vrednostjo podjetij in ceno njihovih delnic na borzah vrednostnih papirjev tranzicijskih držav srednje in vzhodne Evrope

Relation of the intrinsic value of companies and share prices on the stock exchanges of central and eastern European transition countries
Povezanost med notranjo vrednostjo podjetij in ceno njihovih delnic na borzah vrednostnih papirjev tranzicijskih držav srednje in vzhodne Evrope