Open AccessINSTITUTIONAL CONDITIONS FOR INDIVIDUAL INVESTMENT IN THE STOCK MARKET OF THE REPUBLIC OF BASHKORTOSTAN
Author(s) -
R.I Malikov,
Olga Kolesnikova,
Е. М. Зинатуллин
Publication year - 2021
Publication title -
vestnik ugntu. nauka, obrazovanie, èkonomika. seriâ èkonomika
Language(s) - English
Resource type - Journals
ISSN - 2541-8904
DOI - 10.17122/2541-8904-2021-3-37-7-14
Subject(s) - investment (military) , business , quality (philosophy) , stock (firearms) , politics , property rights , the republic , investment decisions , economic system , sustainable development , stock market , public economics , industrial organization , economics , finance , microeconomics , political science , law , biology , engineering , mechanical engineering , paleontology , philosophy , theology , epistemology , behavioral economics , horse
This article offers an institutional approach to assessing the conditions of individual investment in the stock market of the Republic of Bashkortostan. The purpose of this article is to consider the institutional conditions of individual investment in the stock market of the Republic of Bashkortostan. Conceptually, our working hypothesis consists of three elements: investment is important for growth; investment quality is important; and different features of a country's institutional environment can affect both the volume and quality of individual investment. Under institutions, we consider the formal and informal "rules of the game", according to which commercial economic activity is conducted, and this definition is considered in a multidimensional approach. It is also worth noting that an understanding of the broader institutional environment, including its political, economic, and cultural, as well as social aspects, provided an important background for this study. Based on this analysis of the practical aspects of individual investment in the Republic of Bashkortostan, it was shown that suitable economic institutions are needed that will protect the property rights of agents, facilitate transactions, and develop cooperation. A model of the regional bank's activity as a tool for supporting small and medium-sized businesses in the region and a business financing scheme are proposed. The proposed model is based on an integrated approach that contributes to the sustainable development of your own business. This approach combines two main components that are directly dependent on each other-access to material resources and human development. It is shown that the combination of the two components and the individualization of relations between them for each entrepreneur is a key factor for the successful implementation of the model of individual investment activation. In the article, we have formed proposals for improving the activities of a regional bank as a tool to support individual investment in the region and a business financing scheme.