ASSESSMENT OF CROSS-DEPENDENCES LEVEL OF THE FINANCIAL COMPANIES ON THE FINANCIAL SERVICES MARKET
Journal Title: Сталий розвиток економіки - Year 2016, Vol 30, Issue 1
Abstract
Purpose is an assessment of cross-dependences level of the financial companies on the financial services market based on author’s technique, which takes into account the distribution of financial institutions on the principle of Pareto. Methodology of research. Sequence of this study of assessment of cross-dependences level of the financial companies on the financial services market was been decomposed in the step-be-step kind. The following methods: analytical and monographic – in studying of literature sources; system-analytical – in studying of legislative and other normative-legal acts on account of the interdependence of financial companies in the financial services market; abstract-logical – in summarizing of the theoretical positions, conclusions forming and methodological recommendations were been used in this paper to achieve the assigned purpose. Findings. Assessment of cross-dependences level of the financial companies on the financial services market based on author’s technique was been performed. Proposed above author’s technique allows reformatting the financial monitoring mechanisms for showing up of the hidden corruption schemas for money laundering. Came across amount of the financial enterprises, which are unbound inter se, is significantly exceed an amount of financial enterprises. Indicated above dependence of the financial institutions was proposed as an element of the financial monitoring. Originality. Firstly obtained research results has mathematically proved an influence of one company to another company that in different from well-known techniques, is providing a possibility of outdistancing the financial institutions during trading and allows determining with some probability hidden owners of financial companies’ agglomerations of the financial companies. Practical value consists in that the proposed technique allows reforming the financial monitoring mechanisms for showing up of the hidden corruption schemas for money laundering, eliminating a set of the unbound financial companies that will promote to prevent a monopolization of financial services market and to elevate a competitiveness level of the National financial services committee.
Authors and Affiliations
Mykhailo Vorotyntsev
Keywords
Related Articles
- EP ID EP202029
- DOI -
- Views 99
- Downloads 0
INVESTMENT ATTRACTIVENESS OF INDUSTRIES: METHODICAL AND PRACTICAL ASPECTS
Purpose. The purpose of this article is to improve the method of the investment attractiveness assessment of industries in terms of portfolio investment. Methodology of research. To achieve the specified goal, a complex...
TRANSFORMATION OF THE ORGANIZATIONAL AND ECONOMIC MODEL OF MANAGEMENT IN THE FIELD OF CULTURE AS A BASE OF TERRITORIAL BRANDING
Purpose. Development of theoretical, methodological provisions and practical recommendations on transformation of the organizational and economic model of management in the field of culture in the context of territorial...
USING OF MULTILEVEL APPROACH IS FOR RESEARCH OF TRANSNATIONAL REGIONALISM
Purpose. To investigate spheres, levels and forms of foreign economic activity and external economic connections of home regions, that simultaneously are the forms of development of transnational regionalism as a reflect...
PUBLIC PROCUREMENT: WAYS FOR RESOLVING ORGANIZATIONAL, CONTROL AND ACCOUNTING PROBLEMS
Purpose. The aim of the article is to research the process of implementation of procurement by means of the electronic system (ProZorro), evaluation of existing legislative acts and their provisions (including on perform...
RESOURCE PROVIDING OF INNOVATIVE DEVELOPMENT
Purpose. To develop a mechanism for providing resources to create sustainable competitive advantages of innovative development. Methodology of research. For a research were used methods: abstract-logical, monographic, co...