ADVANCED FOREIGN PRACTICES IN CAPITAL MARKETS AND THE PRACTICES OF FOREIGN ISSUERS

Abstract

This article examines the key issues related to the development of capital markets and analyzes the factors that facilitate the active participation of joint-stock companies within these markets. In addition, the study provides a scientific assessment of the main constraints hindering capital market development, including excessive state intervention, underdeveloped financial infrastructure, low levels of financial literacy among the population, and insufficient liquidity in the securities market. The empirical section of the research explores the dynamics of global IPO proceeds and demonstrates the role of capital markets in economic growth through the example of Apple’s market capitalization. The findings of the study contribute to the formulation of evidence-based scientific and practical recommendations aimed at enhancing the development of the stock market.