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DEVELOPMENT AND COMPETITIVENESS BETWEEN FINANCIAL INVESTMENTS SERVICES COMPANIES (1995-2016)

Ioana Ancuţa Iancu
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Ioana Ancuţa Iancu: Universitatea Tehnică din Cluj Napoca, Cluj-Napoca, România

Management Intercultural, 2017, issue 39, 149-154

Abstract: In the literature there are studies that deal with intermediaries in banking services (especially), mutual funds and pensions, insurance, real estate, etc. Most of them focus on subjects like investor behaviour, ethical issues and market manipulation. In this paper we intend to observe the stages in the evolution of the Financial Investment Services Companies (SSIF) between 1995-2016 in relation with the number of transactions, the volume of traded shares, the number of issuing companies as well as the economic and political situation of our country. Moreover, our study shows that the number of SSIF's is little affected by economic crises or declines and is rather influenced by the annual net incomes of the population. Basically, SSIF’s are in constant competition with the rest of the financial institutions, banks being a good example.

Keywords: Financial Investments Services Companies (SSIF); Stock Market; Shares; Investors (search for similar items in EconPapers)
JEL-codes: M31 (search for similar items in EconPapers)
Date: 2017
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