Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Języki publikacji
Abstrakty
This paper analyses the investment funds with special emphasis on Sovereign Wealth Funds (SWFs), as new participants in the financial market. Considering that financial markets are one of the main carriers of globalization, our goal is to investigate development and the role of these investment funds with reference to contemporary theory and progressive practice of the market of developed countries. Although SWFs emerged in practice more than fifty years ago, they are not sufficiently explored in the theory.
Słowa kluczowe
Rocznik
Tom
Numer
Strony
5-13
Opis fizyczny
Daty
wydano
2012-04-03
Twórcy
autor
- Higher School of Professional Business Studies, University of Novi Sad, Republic of Serbia
- Prague Development Center, Czech Republic
Bibliografia
- Aizenman, J., Glick, R., 2007. “Sovereign wealth funds: Stumbling blocks or stepping stones to financial globalization?” FRBSF Economic Letter, No.2007-38
- Allen, M., Caruana, J., 2008. “Sovereign wealth funds -A work agenda”, Prepared by the Monetary and Capital Markets and Policy Development and Review Department, IMF
- Balding, C., 2008. “A portfolio analysis of sovereign wealth funds”, Working paper University of California, Irvine, Department of Economics
- Bergstrom, C. and Rydqvist, К., 1990. “Ownership of equity in dual class firms”, Journal of Banking and Finance, Vol.14, Issues 2-3, pp.255-69
- Bortolotti, B., Fotak, V., Megginson, W., 2009. Sovereign wealth fund investment patterns and performance, Working Paper, Univesity of Oklahoma, Oklahoma
- Demstetz, H., Lehn К., The structure of corporate ownership: Causes and consequences, The Journal of Political Economy, Volume 93, Issue 6, pp.1155-1177, 1985
- IMF, 2007. International Monetary Fund, Annual Report, IMF, Washington DC
- Lee, H., 2008. Sovereign wealth funds, Council of Foreign Relations Backgrounder, Retrieved from http://www.cfr.org/international-finance/sovereign-wealth-funds/p15251
- Razanov, A., 2005. Who holds the wealth of nations?, Central Banking Journal, Volume XV, Number 4, pp.52-57
- Schleifer, A. and Vishny, R., 1986. “Large shareholders and corporate control”, Journal of Political Economy, Vol.94, Issue 4, pp.461-88
- Šoškić, D. and Živković, B., 2009. Financial markets and Institutions, Faculty of Economics, Belgrade
- The Washington Post, 2007. “Crisis comes to the IMF: The International Monetary Fund needs restructuring, and maybe a bailout,” The Washington Post, October 19, 2007, p. A20, at www.washingtonpost.com/wp-dyn/content/article/2007/10/18/AR2007101802012.html
- Truman, E., 2007. “Sovereign wealth funds: The need for greater transparency and accountability”, Peterson Institute for International Economics, Policy Brief No.PB07-6, Washington DC
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
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