期刊名称:Annals of the University of Oradea : Economic Science
印刷版ISSN:1222-569X
电子版ISSN:1582-5450
出版年度:2006
卷号:XV
期号:02
页码:655-659
出版社:University of Oradea
摘要:The financial systems provide economies with beneficial transformation services, which are the
followings: mobilization, pooling and transfer of economic (liquidity transformation); risk
diversification (risk transformation); reduction of information asymmetries between capital supply
and demand (information transformation) and allocation of resources, corporate control.
Transformation functions are ensured by both capital-market-oriented and bank-oriented financial
systems but in different ways.