COMPARATIVE ANALYSIS OF RUSSIAN SHARE MARKET DEVELOPMENT IN 2011–2015
https://doi.org/10.21686/2413-2829-2017-3-51-57
Abstract
By the end of 2014 economy of the Russian Federation had seriously changed. On the background of economic slump, which started in 2012 and was provoked mainly by structural factors growing geo-political risks and economic sanctions caused restricted access of Russian banks and enterprises to external financing, massed outflow of capital from home economy, changes in situation on home foreign currency market and ruble devaluation. These changes affected negatively the dynamics of Russian share market due to deterioration of securities issuers’ standing and general economic situation that influences investors’ behavior. Comparative analysis of the efficiency of Russian share market development during the last 5 years is an important issue. In this connection the author thinks that researching the share market functioning in Russian economy and directions of its development in complicated current conditions are quite acute. This predetermined the choice of the article topic.
About the Author
Irina V. Rozhkova
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
PhD, Assistant Professor of the Department for Risk Management, Insurance and Securities of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
References
1. Analiz razvitiya rossiyskogo finansovogo rynka: disbalansy finansovoy sistemy [Analysis of Development of the Russian Financial Market: Imbalances of a Financial System]. (In Russ.). Available at: http://www.liberal.ru/articles/6985
2. Galanov V. A. Ravnovesnaya model' tseny birzhevogo optsiona [Balanced Model of Exchange Option Price]. Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2016, No. 4 (88), pp. 46–55. (In Russ.).
3. Grishin V. I., Danchikov E. A. Povyshenie effektivnosti gosudarstvennogo finansovogo kontrolya pri realizatsii tseley sotsial'no-ekonomicheskogo razvitiya Rossiyskoy Federatsii [Increasing Efficiency of State Finance Contral while Attaining Goals of Social and Economic Development in the Russian Federation]. Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2015, No. 6 (84), pp. 3–11. (In Russ.).
4. Slepov V. A., Gryadovaya O. V., Ivanovskiy E. L. Osnovnye aspekty integratsii sektorov finansovogo rynka [Key Aspects of Finance Market Sectors' Integration]. Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2015, No. 1 (79), pp. 60–67. (In Russ.).
Review
For citations:
Rozhkova I.V. COMPARATIVE ANALYSIS OF RUSSIAN SHARE MARKET DEVELOPMENT IN 2011–2015. Vestnik of the Plekhanov Russian University of Economics. 2017;(3):51-57. (In Russ.) https://doi.org/10.21686/2413-2829-2017-3-51-57
Views:
248
Email this article 