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Duke Economics Working Paper #03-15

Evaluating Croation Equities

Vladimir Cvijanović, Mia Mikić
Edward Tower


In this paper we evaluate all three of the first quotation equities that are available in Croatia. First quotation equities are those that meet the highest accounting and reporting standards in Croatia. We find that two of the three compare favorably with stocks available on the world market. We also suggest the need for more and better data on Croatian equities.

Keywords: Croatian Equities, Market Development, Gordon Formula, Financial Regulation.


Forthcoming in the Zagreb Journal of Economics.

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14 pages

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