THE PRESENCE OF SMES AT BUCHAREST STOCK EXCHANGE
THE PRESENCE OF SMES AT BUCHAREST STOCK EXCHANGE

Summary/Abstract: The importance and contribution of the SME sector to the economic growth was frequently stated and discussed. While Bucharest Stock Exchange does not have a dedicated segment for SMEs, we con¬centrate our attention on this stock exchange, considered to be a frontier emerging market, due to the fact that the market capitalization was noto¬riously low. The natural question that arisen was: how many of Bucharest Stock Exchange listed companies are SMEs? The present paper docu¬ments the presence of SMEs within Bucharest Stock Exchange 2nd category and tests the size effect for a number of 10 selected companies, which were split in two portfolios.

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