Asymmetry in the Relationship between Enterprises and Financial Institutions Cover Image

Asymmetry in the Relationship between Enterprises and Financial Institutions
Asymmetry in the Relationship between Enterprises and Financial Institutions

Author(s): Jacek F. Nowak
Subject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: the asymmetry of information; the relationship between a company and a financial institution

Summary/Abstract: The asymmetry of information is a phenomenon of many business entities. It is also an important element of the relationship between the company and the financial institution. The aim of the paper is to draw attention to the asymmetrical relationship of entities in the context of a relationship where both parties do not have equal opportunities and power. The resulting inequality is the result of an imbalance between the two parties to the contract or transaction, creating a basis for achieving the advantage of one party and consequently the possibility to generate a positive result on one side only.

  • Issue Year: 2016
  • Issue No: 82 (1)
  • Page Range: 691-697
  • Page Count: 7
  • Language: English