Scientific and methodical approaches to determining the center-orientation of financial conglomerates with the factor and cluster analysis

Journal Title: Business Ethics and Leadership (BEL) - Year 2017, Vol 1, Issue 1

Abstract

Involving Ukraine in the globalization of the world economic and financial system makes the transfer of most of the positive and negative effects of the external world in Ukrainian conditions that will have consequences for the development of the domestic financial sector. It is important to note that the presence of foreign capital affects the stability of the banking system and the efficiency of its operations. The process of entry of foreign banks on the domestic market of banking services is controversial. It is associated with the activation of financial conglomerates types of “bancassurance” and “allfinanz”, aimed at expanding its own branch network that stay in a constant search of new markets. In addition, the powerful financial conglomerates have their own competitive advantages and significant financial resources.

Authors and Affiliations

Tetyana Vasilyeva, Vadim Kozyriev

Keywords

Related Articles

Impact of Intangible Factors on Business Value

The global financial and economic crisis of 2008-2009 has caused a significant drop in business efficiency. Today’s management model of the overwhelming majority of companies is oriented towards satisfying the interests...

Introduction of Dual Education in Ukrainian Higher Educational Establishments and Approaches to Estimation of its Economic Benefits

The article describes the current state of dual education introduction in Ukraine. This model aims at deepening cooperation of educational institutions and employers, as well as advancing youth economic competitiveness i...

New Trends in Behavioral Economics: A Content Analysis of Social Communications of Youth

This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of psychological factors that determine the level of rational behavior of an individual in decision-making, the natur...

Fiscal transparency: cross-country comparisons

The evaluation of fiscal transparency impact on budget indicators performance is examined in the article according to the grouping of countries by the following features: budget transparency, income per capita, level of...

Evaluation of the Market Value of the Enterprise with Consideration of Exogenous Factors

The interrelation between the value characteristics of the enterprise (market value and market cost) is investigated. The economic model of formation of market value of the enterprise taking into account five basic compo...

Download PDF file
  • EP ID EP452723
  • DOI 10.21272/bel.1(1).5-15.2017
  • Views 163
  • Downloads 0

How To Cite

Tetyana Vasilyeva, Vadim Kozyriev (2017). Scientific and methodical approaches to determining the center-orientation of financial conglomerates with the factor and cluster analysis. Business Ethics and Leadership (BEL), 1(1), 5-15. https://europub.co.uk/articles/-A-452723