文章基本信息

标题：Illegal activities of financial intermediaries: A burden of trust crisis
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作者：Maryna Brychko ; Taras Savchenko ; Tetiana Vasylieva 等
期刊名称：Journal of International Studies
印刷版ISSN：2071-8330
电子版ISSN：2306-3483
出版年度：2021
卷号：14
期号：1
页码：172-189
DOI：10.14254/2071-8330.2021/14-1/12
语种：English
出版社：Centre of Sociological Research, Szczecin, Poland
摘要：Based on the explication of structural and functional relations, a scientifically methodical approach to modeling the relationship between financial intermediaries' illegal activities, the trust crisis in the financial sector, and its deformations have been developed. Based on the construction and analysis of the relevant structural equations, it has been empirically confirmed that the probability of financial intermediaries' involvement in shadow transactions increases with the aggravation of the trust crisis in the financial sector. Using the tools of the structural equations modeling, a mediator analysis was performed, the results of which confirmed the hypothesis that the financial sectors’ trust crisis contributes to the degeneration of financial institutions and markets with regard to their depth, access, security and efficiency, which, accordingly, results in higher shadow transactions involving financial intermediaries.
关键词：illegal activities;financial intermediaries;financial system;financial institutions;financial markets;public security;trust crisis