FUNKCINIAI SUTRIKIMAI IR RIZIKA DIDELĖSE FINANSŲ INSTITUCIJOSE
DYSFUNCTIONS AND RISKS OF BIG FINANCIAL INSTITUTIONS
Author(s): Piotr Masiukiewicz, Pawel DecSubject(s): Economy
Published by: Mykolas Romeris University
Keywords: crisis; risk; praxeology criteria; financial institutions; large structure
Summary/Abstract: The recent economic crisis has shown that even very large companies, such as giant- sized business and seemingly unimaginable total assets, may fall. The authors put the research objective, which was to examine the characteristics of management in large financial companies and banks, according to the criteria adopted in the theory of praxeology and to identify the main risks and dysfunction, as well as risk mitigation instruments in this field. It is significant that the escalation of threats arising from the existence of systemic risk is a feature of modern financial markets. This paper examined in detail the theoretical aspects of large companies and the risk of financial market activity.
Journal: Business Systems & Economics
- Issue Year: 2013
- Issue No: 2
- Page Range: 196-207
- Page Count: 12
- Language: English