The analysis of financial companies activities as the elements of Ukraine financial and credit market infrastructure

Relevance of research topic. One of the most enigmatic and at the same time systemically important and system-building institutions of the infrastructure of the financial and credit market of Ukraine are financial companies. Formulation of the problem. Diverse issues related to the functioning of fi...

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Main Author: Oleksii Kalivoshko
Format: Article
Language:English
Published: Hryhorii Skovoroda University in Pereiaslav 2019-03-01
Series:Економічний вісник університету
Subjects:
Online Access:https://economic-bulletin.com/index.php/journal/article/view/543
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author Oleksii Kalivoshko
author_facet Oleksii Kalivoshko
author_sort Oleksii Kalivoshko
collection DOAJ
description Relevance of research topic. One of the most enigmatic and at the same time systemically important and system-building institutions of the infrastructure of the financial and credit market of Ukraine are financial companies. Formulation of the problem. Diverse issues related to the functioning of financial companies are not paid much attention by domestic scientists and officials, especially in comparison with other financial intermediaries, as well as their role and significance for the national economy. Analysis of recent research and publications. Despite the large number of publications on financial companies, most of them do not apply to the domestic financial market. Selection of unexplored parts of the general problem. Carrying out a review of the scientific national periodical press about the activities of financial companies in the infrastructure of the financial and credit market of Ukraine, we concluded that there is a lack of attention to the functioning of domestic financial companies, therefore, in the study, we will try to fill this gap at least slightly. Setting the task, the purpose of the study. Conduct an analysis and disclose the activities of financial companies as elements of the infrastructure of the financial and credit market of Ukraine. Method or methodology for conducting research. Became a systematic approach and formal logic. In order to achieve this goal, information materials, analytical and statistical data related to the activities of financial companies, scientific works of scientists were worked out. Methods of induction and deduction, generalization and comparison were used. Presentation of the main material (results of work). The analysis of the activity of financial companies as elements of the infrastructure of the financial and credit market of Ukraine. Dynamics of changes in the number of financial companies is evaluated. Dynamics of changes in volumes of their capital assets volumes by types of financial services in monetary and interest terms are analyzed. The dynamics of changes in the value and number of factoring contracts and the dynamics of the change in the distribution of factoring transactions by industry in the monetary and interest terms are also characterized. The field of application of results. The results of the research can be used to the accelerate further scientific consideration of topical issues related to the functioning of financial companies and will serve as the basis for state and legislative initiatives to increase the economic interest of business entities to revitalize financial companies. Conclusions according to the article. Financial companies are system elements of the infrastructure of the financial and credit market. In order for them to become system-based and give impetus to the effective development of the entire financial system, they need adequate regulatory and information support, on the one hand to popularize their services, and on the other hand to improve the quality of control and increase transparency of activities.
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spelling doaj.art-4f9b7b8ea46e4613bea343604ffcc6062022-12-21T23:32:53ZengHryhorii Skovoroda University in PereiaslavЕкономічний вісник університету2306-546X2414-37742019-03-014117918810.31470/2306-546X-2019-41-179-188543The analysis of financial companies activities as the elements of Ukraine financial and credit market infrastructureOleksii Kalivoshko0National Scientific Center ‘Institute of Agrarian Economics’Relevance of research topic. One of the most enigmatic and at the same time systemically important and system-building institutions of the infrastructure of the financial and credit market of Ukraine are financial companies. Formulation of the problem. Diverse issues related to the functioning of financial companies are not paid much attention by domestic scientists and officials, especially in comparison with other financial intermediaries, as well as their role and significance for the national economy. Analysis of recent research and publications. Despite the large number of publications on financial companies, most of them do not apply to the domestic financial market. Selection of unexplored parts of the general problem. Carrying out a review of the scientific national periodical press about the activities of financial companies in the infrastructure of the financial and credit market of Ukraine, we concluded that there is a lack of attention to the functioning of domestic financial companies, therefore, in the study, we will try to fill this gap at least slightly. Setting the task, the purpose of the study. Conduct an analysis and disclose the activities of financial companies as elements of the infrastructure of the financial and credit market of Ukraine. Method or methodology for conducting research. Became a systematic approach and formal logic. In order to achieve this goal, information materials, analytical and statistical data related to the activities of financial companies, scientific works of scientists were worked out. Methods of induction and deduction, generalization and comparison were used. Presentation of the main material (results of work). The analysis of the activity of financial companies as elements of the infrastructure of the financial and credit market of Ukraine. Dynamics of changes in the number of financial companies is evaluated. Dynamics of changes in volumes of their capital assets volumes by types of financial services in monetary and interest terms are analyzed. The dynamics of changes in the value and number of factoring contracts and the dynamics of the change in the distribution of factoring transactions by industry in the monetary and interest terms are also characterized. The field of application of results. The results of the research can be used to the accelerate further scientific consideration of topical issues related to the functioning of financial companies and will serve as the basis for state and legislative initiatives to increase the economic interest of business entities to revitalize financial companies. Conclusions according to the article. Financial companies are system elements of the infrastructure of the financial and credit market. In order for them to become system-based and give impetus to the effective development of the entire financial system, they need adequate regulatory and information support, on the one hand to popularize their services, and on the other hand to improve the quality of control and increase transparency of activities.https://economic-bulletin.com/index.php/journal/article/view/543financial companiesthe activities of financial companiesassets and capital of financial companiestypes of services of financial companiesfactoring, sources of financing of factoring transactions
spellingShingle Oleksii Kalivoshko
The analysis of financial companies activities as the elements of Ukraine financial and credit market infrastructure
Економічний вісник університету
financial companies
the activities of financial companies
assets and capital of financial companies
types of services of financial companies
factoring, sources of financing of factoring transactions
title The analysis of financial companies activities as the elements of Ukraine financial and credit market infrastructure
title_full The analysis of financial companies activities as the elements of Ukraine financial and credit market infrastructure
title_fullStr The analysis of financial companies activities as the elements of Ukraine financial and credit market infrastructure
title_full_unstemmed The analysis of financial companies activities as the elements of Ukraine financial and credit market infrastructure
title_short The analysis of financial companies activities as the elements of Ukraine financial and credit market infrastructure
title_sort analysis of financial companies activities as the elements of ukraine financial and credit market infrastructure
topic financial companies
the activities of financial companies
assets and capital of financial companies
types of services of financial companies
factoring, sources of financing of factoring transactions
url https://economic-bulletin.com/index.php/journal/article/view/543
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