Finance Innovation as a Crucial Factor for the Development of the Global Financial System

Maksimov Kanan (2020) Finance Innovation as a Crucial Factor for the Development of the Global Financial System. Pénzügyi és Számviteli Kar.

PDF THESIS_KANAN MAKSIMOV.pdf Hozzáférés joga: Csak nyilvántartásba vett egyetemi IP címekről nyitható meg Download (3MB)

Absztrakt (kivonat)

This research analyzes the importance of financial innovation for the global financial system. It is found out that financial innovations may have both positive and negative impacts on the financial system. On the one hand, the introduction of financial innovations contributes to the development of competition, the reduction of costs of financial organizations in the financial market, the growth of range and quality of financial services, and an increase in financial stability. On the other hand, financial innovations may cause vulnerability and institutional complexity in the financial market.  Moreover, three main groups of financial innovations, namely institutional innovation, process innovations, and product innovations are analyzed. Institutional innovations refer to the case when new kinds of financial organizations come into existence and examples can be hedge funds and boutique investment banks. Process innovations can be regarded as new business processes such as e-commerce, and online banking. Product innovations refer to new financial products and services such as payment via QR codes, VR-mortgage services, biometric payment, and green bonds.  

Intézmény

Budapesti Gazdasági Egyetem

Kar

Pénzügyi és Számviteli Kar

Tanszék

Pénzügy Tanszék

Tudományterület/tudományág

NEM RÉSZLETEZETT

Szak

Pénzügy és Számvitel

Konzulens(ek)

Mű típusa:	diplomadolgozat (NEM RÉSZLETEZETT)
Kulcsszavak:	banking, corporations finance, finance, financial culture, international finance
SWORD Depositor:	Archive User
Felhasználói azonosító szám (ID):	Archive User
Rekord készítés dátuma:	2021. Már. 16. 13:14
Utolsó módosítás:	2021. Már. 16. 13:14

Actions (login required)

Tétel nézet