BUSINESS MODEL AND ITS DILEMMAS OF CHOICE
Journal Title: Copernican Journal of Finance & Accounting - Year 2016, Vol 5, Issue 2
Abstract
Consideration of the article is focused on the phenomenon of diversity of enterprises management operating in similar conditions under the choice of business model. The article is an attempt to demonstrate the impact of business model for perception of reality, adaptation to changes and implementation of a strategy. There are presented arguments showing that the orientation of the business model to the capital market has a direct impact on the operational activity and strategic options of the company. In the longer term it affects the nature of business and opportunities of its development. This means that during the financial crisis and market distortions, the business model of the stock company may disturb operations and opportunities for its growth. This phenomenon is associated with “monetarist thinking” and acceptance of the processes of the “financialisation” of economy, which ignores real dimension of business. Business management focused on capital market may transmit negative signals not noticing the serious threats, the imbalance of economic structures, the collapse of economic equilibrium, lack of respect for the principles of the free market and the dominance of monopolistic structures, which falsify assumptions of market efficiency. In this connection, the question arises to what extent the enterprises performing the business model of the stock exchange operator are exposed to specific risks due to lack of stability of the financial markets.
Authors and Affiliations
Jan Piotr Komorowski
BUSINESS MODEL AND ITS DILEMMAS OF CHOICE
Consideration of the article is focused on the phenomenon of diversity of enterprises management operating in similar conditions under the choice of business model. The article is an attempt to demonstrate the impact of...
Financial stability of local government units – legal and economic approach
The legislator introduced solutions conducive to the financial stability of local government units in the form of Articles 242 and 243 of the Public Finance Act of 2009. They force the reduction of deficit in the so-call...
Techniki prowadzenia ksiąg rachunkowych w ujęciu historycznym
Badacze historii rachunkowości są zgodni co do tego, że system rachunkowości podwójnej nie jest wynalazkiem jednego człowieka czy też dziełem przypadku. Prawdopodobnie jest on wynikiem prób i doświadczeń podejmowanych pr...
LIQUIDITY-PROFITABILITY TRADEOFF EXISTENCE IN TURKEY: AN EMPIRICAL INVESTIGATION UNDER STRUCTURAL EQUATION MODELING
Firms in emerging markets could show a tendency to have high liquidity positions by ignoring the liquidity-profitability tradeoff in terms of working capital management due to gained experiences from stressed times. Acco...
LEGAL REGULATION OF TOURISM BUSINESS IN GEORGIA
Research objective: Georgia, as a country favorable for tourism, can offer the various types of tourism products and therefore, is presented as an attractive country for travelers. The research aims: to analyze tourism b...