STOCK EXCHANGE REGULATIONS AND ENTREPRENEURSHIP

Öz

Access to not official flows but foreign savings and interbank transfers for debt to private sectors play an important role in obtaining financing through the capital market. Achieving these goals is very difficult. Thus today, due to the small size and relatively transparency of developing market financial firms, bank loans are commonly to sustain the preferred form of funds instead of bond issuance. An approach to capital market development is likely to include new forms of regulation to regulate securities and a participatory approach to assist International Financial Institutions in structuring and credit improvements. Providing financing through the local capital market, which is one of the most effective forms of capital increase, is a method that brings together businesses in need and individual investors who desire to contribute, and provides various opportunities to secure financing. The local capital market offers various incentives to the entrepreneur when investing in an entrepreneurial company and entrepreneurship facilities, and allows a large number of investors to own a small amount of shares. Although this method of raising capital is not yet suitable for all existing investors; it can be a viable option for enterprises looking for venture capital or traditional bank financing alternatives such as stock exchange bonds.

Anahtar Kelimeler

• Stock Exchange Regulations
• Entrepreneurship
• Credits
• Venture Capital
• Stock Exchange Bonds

MENKUL KIYMETLER BORSASI DÜZENLEMELERİ VE GİRİŞİMCİLİK

Öz

Resmi akışlardan başka yabancı tasarruflara erişim imkânı ve özel sektörlere borçlar için bankalar arası transferlerde yerel sermaye piyasası yoluyla finansman temin etmede önemli bir yer tutmaktadır. Söz konusu hedeflere ulaşmak oldukça zordur. Bu yüzden günümüzde, gelişmekte olan piyasa şirketlerinin küçüklüğü ve nispeten şeffaf olmaması nedeniyle, banka kredilerinin tahvil ihracı üzerine tercih edilen fon biçimi olarak kalması muhtemeldir. Sermaye piyasası gelişimine yönelik bir yaklaşım muhtemelen, menkul kıymetleri düzenleme amaçlı yeni düzenleme formları ve Uluslararası Finansal Kuruluşların kurumsallaştırma ve kredi iyileştirmelerine yardımcı olmak için katılımı içeren bir yaklaşım olacaktır. Sermayeyi artırmanın en etkin biçimlerinden biri olan yerel sermaye piyasası yoluyla finansman temini, ihtiyaç duyulan işletmeleri ve katkıda bulunmak isteyen bireysel yatırımcıları bir araya getiren ve finansmanı güvence altına alabilmek için çeşitli olanaklar sağlayan bir yöntemdir. Yerel sermaye piyasası, bir girişimci şirketinde yatırım yaparken girişimciye çeşitli teşvikler sunmakta ve çok sayıda yatırımcıya küçük bir miktar hisse sahibi olma olanağı tanımaktadır. Bu yöntemle sermaye temini henüz tüm mevcut yatırımcılar için uygun olmasa da; girişim sermayesi veya menkul kıymetler borsası gibi geleneksel banka finansman alternatifleri arayan girişimler için uygun bir seçenek olabilmektedir.

Anahtar Kelimeler

• Borsa Düzenlemeleri
• Girişimcilik
• Krediler
• Risk Sermayesi
• Tahviller

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