Open financial data from the macedonian stock exchange
Date Issued
2014
Author(s)
Najdenov, Bojan
Pejchinoski, Hristijan
Cieva, Kristina
Jovanovik, Milos
Abstract
The concept of Open Data, which represents the idea that public data
should be published in a machine-readable format, starts to take a significant
role in modern society. Public data from various fields are being transformed in
open data formats and published on systems which allow easier consumption
from software agents and applications, as well as the users behind them. On the
other hand, people in the business world are trying for a few decades now to
establishing standards for financial accounting that govern the preparation of
financial reports. Financial reporting has crucial significance for companies
today, since it is a record of their work which is presented to their stakeholders
and represents a starting point for future business decisions and strategies. In
this paper, we use data from the Macedonian Stock Exchange and data from
different web sites of Macedonian companies in order to create datasets of
Open Financial Data relevant for our country, thus increasing the transparency
and improving the data accessibility. We describe the process of transforming
the data into 4 star Open Data, and present use-case scenarios which use data
from our generated datasets and from the World Bank. The datasets are
published and accessible via a SPARQL endpoint, and we demonstrate how a
software application can make use of them.
should be published in a machine-readable format, starts to take a significant
role in modern society. Public data from various fields are being transformed in
open data formats and published on systems which allow easier consumption
from software agents and applications, as well as the users behind them. On the
other hand, people in the business world are trying for a few decades now to
establishing standards for financial accounting that govern the preparation of
financial reports. Financial reporting has crucial significance for companies
today, since it is a record of their work which is presented to their stakeholders
and represents a starting point for future business decisions and strategies. In
this paper, we use data from the Macedonian Stock Exchange and data from
different web sites of Macedonian companies in order to create datasets of
Open Financial Data relevant for our country, thus increasing the transparency
and improving the data accessibility. We describe the process of transforming
the data into 4 star Open Data, and present use-case scenarios which use data
from our generated datasets and from the World Bank. The datasets are
published and accessible via a SPARQL endpoint, and we demonstrate how a
software application can make use of them.
Subjects
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