Investment efficiency of securities market: assessment methodology

摘要

In the article, the actual problem of attracting investment into the regional economy is discussed. The subject of this research is the securities market as a mechanism for the redistribution of financial resources. The purpose of the research is the development of the interaction scheme which is efficient, effective and feasible in the current environment between the securities market and the regional economy. The theoretical basis of this research is the theory of the securities market. To achieve this goal, the authors used a functional-relational approach to the study of the activities of the securities market participants. During the research, the following results were obtained: possible submodels of interaction between the securities market participants were identified; the reserve of increasing the efficiency of the securities market in the regions of Western Siberia was revealed; the model of the priority interaction between the securities market participants for the benefit of the regional economy was bui the assessment of the possible effect of the development of the regional securities market on key indicators of the regional economy development was done. The obtained results are recommended for use in the development of regional economic policies and programmes of socio-economic development of regions. Long-term stimulation of the economic growth is a very complex process, but with the proper elaboration of the organizational issues, implementation of the proposed model of interaction among the securities market participants will ensure high investment and business activities of the regional economic entities.