Information asymmetry on the market of non-banking financial services in Ukraine: causes, consequences, methods of control
The article examines the features of the impact of information asymmetry on the key participants of the market of non-banking financial services in Ukraine. It defines the basic reasons of its existence on the market. The analysis of the consequences of information asymmetry for the functioning of n...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
LLC "CPC "Business Perspectives"
2016-07-01
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| Series: | Public and Municipal Finance |
| Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7368/PMF_2016_01_Levchenko.pdf |
| _version_ | 1818259546158661632 |
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| author | Valentyna Levchenko Myroslav Ostapenko |
| author_facet | Valentyna Levchenko Myroslav Ostapenko |
| author_sort | Valentyna Levchenko |
| collection | DOAJ |
| description | The article examines the features of the impact of information asymmetry on the key participants of the market of non-banking financial services in Ukraine. It defines the basic reasons of its existence on the market. The analysis of the consequences of information asymmetry for the functioning of non-banking financial services in Ukraine shows that it creates the conditions for opportunistic behavior and leads to adverse selection and moral hazard on the market. Based on the research of existing methods and approaches to the reduction of information asymmetries the paper offers recommendations to overcome this problem on the market of non-banking financial services in Ukraine |
| first_indexed | 2024-12-12T18:17:09Z |
| format | Article |
| id | doaj.art-3ca74b47183c4ca3ae1dbb847c6d941b |
| institution | Directory Open Access Journal |
| issn | 2222-1867 2222-1875 |
| language | English |
| last_indexed | 2024-12-12T18:17:09Z |
| publishDate | 2016-07-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Public and Municipal Finance |
| spelling | doaj.art-3ca74b47183c4ca3ae1dbb847c6d941b2022-12-22T00:16:15ZengLLC "CPC "Business Perspectives"Public and Municipal Finance2222-18672222-18752016-07-0151293710.21511/pmf.05(1).2016.047368Information asymmetry on the market of non-banking financial services in Ukraine: causes, consequences, methods of controlValentyna LevchenkoMyroslav Ostapenko0Ph. D. Student, Department of Finance, Banking and Insurance, Sumy State UniversityThe article examines the features of the impact of information asymmetry on the key participants of the market of non-banking financial services in Ukraine. It defines the basic reasons of its existence on the market. The analysis of the consequences of information asymmetry for the functioning of non-banking financial services in Ukraine shows that it creates the conditions for opportunistic behavior and leads to adverse selection and moral hazard on the market. Based on the research of existing methods and approaches to the reduction of information asymmetries the paper offers recommendations to overcome this problem on the market of non-banking financial services in Ukrainehttps://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7368/PMF_2016_01_Levchenko.pdf |
| spellingShingle | Valentyna Levchenko Myroslav Ostapenko Information asymmetry on the market of non-banking financial services in Ukraine: causes, consequences, methods of control Public and Municipal Finance |
| title | Information asymmetry on the market of non-banking financial services in Ukraine: causes, consequences, methods of control |
| title_full | Information asymmetry on the market of non-banking financial services in Ukraine: causes, consequences, methods of control |
| title_fullStr | Information asymmetry on the market of non-banking financial services in Ukraine: causes, consequences, methods of control |
| title_full_unstemmed | Information asymmetry on the market of non-banking financial services in Ukraine: causes, consequences, methods of control |
| title_short | Information asymmetry on the market of non-banking financial services in Ukraine: causes, consequences, methods of control |
| title_sort | information asymmetry on the market of non banking financial services in ukraine causes consequences methods of control |
| url | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7368/PMF_2016_01_Levchenko.pdf |
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