Strategy for investment development of the stock market: a theoretical aspect

The article discusses the objective necessity of investment development of the stock market in a competition environment. We have studied the scientific views on the development of the “stock market” category in both foreign and domestic literature. It is revealed that the concept of "stock market", formulated by foreign authors is more consistent with the realities of a market economy, its uncertainty. This approach increase opportunities to enhance the role of a stock market in investment processes. An efficient economy is impossible without an optimally functioning stock market capable of attracting investment resources. We propose the measures to strengthen the regulatory infrastructure of the state through the development of rules and the establishment of requirements for information about the ultimate beneficiaries of Russian enterprises for the purposes of reducing risks and ensuring the demand for issued financial instruments, as well as to improve the taxation of services provided to financial market participants and enhance efficiency of dividend policy in order to attract domestic and foreign investors, including retail ones.