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, most of the information has been obtained from the World Bank, annual accounts of the listed MFIs, stock exchanges and from …
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Global financial crisis of 2008 had strong influence on world markets, where emerging and less developed ones were affected the most, their recovery lasted longer, and it still lasts. Zagreb Stock Exchange (ZSE) main index, CROBEX, reached its all-time high value (ATH) on January 4, 2008 with...
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. Drawing on two broad assumptions that (i) capital markets are important and (ii) hybrid securities are an important part of …
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