RESTORING CONFIDENCE IN CAPITAL*MA*RK*ET OF THE COMMUNITY (BULGARIA IN PARTICULAR) THROUGH IMPLEMENTATION OF INNOVATIVE POLICIES FOR THE DEVELOPMENT AND PRACTICES OF DIGITALIZING THE DISCLOSURE PROCESSES IN THE ANNUAL REPORTING OF PUBLIC COMPANIES


Author: Veselin Dekov (University of Economics – Varna)

Keywords: capital market, strategy, taxonomy, financial statements

A well-developed capital market is an indicator of the stability of companies on the market, which is evidence of sustainable development of the economic sector in a country. The presence of an active capital market is an indicator of the availability of free capital, and market is the investors` environment where the holders of these capitals are about to meet with investment companies and all their ideas for handling this capital resource. All the efforts of developing capital market, recently, are aimed in the process of digitalization of transactions and all the procedures related the service offered.The prosperity of the market was a result of dynamics in the development and expansion of the European community, in a global aspect, which are resulting in local initiatives for change.

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