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- Title
TENDENCIES AND FACTORS OF REGULATION OF DEVELOPMENT IN LATVIAN BANKING SYSTEM.
- Authors
MASHARSKY, ALEXANDER
- Abstract
The aim of the paper is to study the influencing factors and to identify the ways of improving the effectiveness of regulation in the Latvian Bank system (LBS). Basing on the systemic comparative and logical analysis data of the efficiency of regulation in different stages of LBS development article demonstrates that its key factor is the level of business ethics and professionalism of major shareholders and top management of the banks, but the main directions of improving its efficiency is an increase of the role of content approach to control in comparison with the formal approach.
- Subjects
LATVIA; BANKING industry; BUSINESS ethics; PROFESSIONALISM; SUSTAINABLE development; FINANCIAL crises
- Publication
Regional Formation & Development Studies, 2013, Issue 11, p155
- ISSN
2029-9370
- Publication type
Article