Interaction channels of financial crisis on the financial advisory market in Poland
Journal Title: Zarządzanie i Finanse - Year 2013, Vol 11, Issue 2
Abstract
This paper presents the impact of the financial crisis on a young and rapidly growing financial advisory industry in Poland. It was indicated 2 impact chan-nels of the financial crisis on the industry's financial advisers - a direct channel associated with the financial sphere - the financial system and its institutional and legal infrastructure and indirect channel associated with the sphere of the real economy. In addition, it was identified factors affecting the financial advice market in Poland, in each of these channels. Paper include also characteristic of financial advisory companies’ reactions on crisis. In the final part of the paper author attempt to present perspectives of industry financial advisors in Poland in the near future, with particular emphasis on the introduction of supervision and licensing company / business operators in financial consultancy.
Authors and Affiliations
Krzysztof Waliszewski
Keywords
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- EP ID EP94133
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Interaction channels of financial crisis on the financial advisory market in Poland
This paper presents the impact of the financial crisis on a young and rapidly growing financial advisory industry in Poland. It was indicated 2 impact chan-nels of the financial crisis on the industry's financial a...