ECONOMETRIC MODELING OF THE INFLUENCE OF INNOVATION COSTS ON THE FINANCIAL CORPORATIONS’ PROFIT

Autor: Rončević, Ante, Serzhanov, Vitaliy, Shtuler, Iryna
Přispěvatelé: Baracskai, Zoltan, Vukovic, Dijana, Janjusevic, Jelena
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Popis: The article is devoted to the study of econometric modeling of the impact of innovation costs on the financial corporations’ profit. The article highlights the problem of organizational structures updating under the influence of financial innovation. It changes the operating conditions and causes the need for new organizational models of transnational financial business. The preconditions of formation of financial corporations and modern tendencies of their development on the example of "Metlife" are investigated. In the article were analyzed strategies of financial corporations in different countries and their impact on the financial markets of these countries. Using the comparative analysis different spheres of financial corporations were characterized. Also, key motives and risks from financial conglomeration were determined. As a result of research of financial corporation’s activity practice were revealed features of their functioning. There were determined the peculiarities of the synergetic effect in the integration of the banking, insurance and investment sectors of the economy (on the example of the financial corporation "Metlife"). The obtained results made it possible to implement a fundamentally new approach to the functioning of financial corporations, which use broad autonomy. The article proposes a model of multiple linear regression, which substantiates the assessment of additional GDP growth from total reserves in the country's external debt, the ratio of imports to GDP, the GDP deflator. These summarizes the initial positions of financial corporations functioning and allows to ensure dialogue and forming solutions for all financial market participants.
Databáze: OpenAIRE