20.500.12556/RUL-154912 Razvoj slovenskega kapitalskega trga v okviru unije kapitalskih trgov Capital market development in Slovenia within the Capital Markets Union Trg kapitala se je v Sloveniji ponovno vzpostavil ob osamosvojitvi, z lastninskim preoblikovanjem družbenih podjetij v prehodu v tržno gospodarstvo. Primarni trg kapitala v Sloveniji je nerazvit, sekundarni trg kapitala pa je neučinkovit in nelikviden. Poslovno in davčno okolje v Sloveniji ni naklonjeno neposrednim naložbam v vrednostne papirje, saj prevladuje varčevanje v depozitih, podjetja pa uporabljajo bančno financiranje. Slovenska vlada je glede na ugotovitve iz končnega poročila o krepitvi in razvoju slovenskega kapitalskega trga sprejela razvojno strategijo, ki predvideva sprejetje ukrepov, s pomočjo katerih bi slovenski kapitalski trg lahko dosegel status razvijajočega trga, kar bi okrepilo mednarodno prepoznavnost domačega trga. Slovenski kapitalski trg ni zanimiv za tuje portfeljske investicije, saj niso vzpostavljeni pogoji, ki bi k naložbam spodbudili tuje institucionalne vlagatelje. Zakonodajni projekt unije kapitalskih trgov je bil leta 2015 predstavljen z željo po uresničitvi dolgoročne vizije EU, ki želi doseči integracijo nacionalnih kapitalskih trgov držav članic EU. Evropske ekonomije bi od enotnega kapitalskega trga imele velike gospodarske koristi, saj razdrobljenost trgov po nacionalnih mejah zaustavlja gospodarski razvoj posameznih držav članic EU. Leta 2020 je bil sprejet nov akcijski načrt, ki predvideva zakonodajne ukrepe in pobude, da bi se v EU z integracijo trgov dokončno uveljavil prosti pretok kapitala. The capital market in Slovenia was restored upon independence, with the ownership transformation of social enterprises in the transition to a market economy. The primary capital market in Slovenia is underdeveloped, while the secondary capital market is inefficient and illiquid. The business and tax environment in Slovenia is not favourable to direct investment in securities, as savings in deposits prevail and companies use bank financing. According to the findings of the final report on the capital market enhancement and development in Slovenia, the Slovenian government adopted a development strategy that envisages the adoption of measures that would enable the capital market in Slovenia to achieve the emerging market status, which would strengthen the international recognition of the domestic market. The capital market in Slovenia is not attractive for foreign portfolio investment, as there are no conditions in place to encourage foreign institutional investors to invest. The capital markets union legislative project was presented in 2015 with a desire to realise the EU's long-term vision of achieving the integration of national capital markets of EU Member States. European economies would benefit greatly from a single capital market, as the fragmentation of markets along national borders halts the economic development of individual EU Member States. In 2020, a new action plan was adopted, which foresees legislative measures and initiatives to fully implement the free movement of capital in the EU through market integration. Kapitalski trg unija kapitalskih trgov finančni sistem finančni instrument primarni trg kapitala sekundarni trg kapitala likvidnost trga tržno financiranje razvoj kapitalskega trga institucionalni vlagatelj. Capital market capital markets union financial system financial instrument primary capital market secondary capital market market liquidity market financing capital market development institutional investor. true false false Slovenski jezik Angleški jezik Magistrsko delo/naloga 2024-03-08 09:00:04 2024-03-08 09:00:09 2024-03-29 12:56:33 0000-00-00 00:00:00 2024 0 0 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 1970-01-01 117209 190919683 17283.pdf 17283.pdf 1 4548FE96885FC69352717BBB4BC659E8 0b19572c815cbfd2819b9e6edcbaa1b4f47f33b17b6b0808c68e5ffdbb6ccd66 e2899484-dd21-11ee-b35c-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=181558 Pravna fakulteta 0 0 0