DIRECTIONS OF ANALYSIS OF INSTITUTIONAL REFORMS IN THE PROCESS OF THE SHARE CAPITAL FORMING IN CEE COUNTRIES

In this article the author created a comprehensive approach to the study of institutional reforms in the process of the share capital forming in CEE countries based on the scientific works of domestic and foreign economists, which studied the particular aspects of the role of the institutional component in the development of joint stock companies and equity markets. There were defined the main indicators for analysis in formed directions. The created directions of analysis provide the research of the institutional environment at micro- and macro-level that includes the identification of external and internal obstacles of economic activity of joint stock companies, as well as defining the role of institutional factors in the development of equity markets in the CEE countries.