Financial innovation in Europe and Asia: a comparative study
The international financial system and world economy is coming into the phase of globalization. The recent financial crisis has intensified the need of financial innovation for companies. The financial crisis of 2008 has taught many lessons to several companies operating in different business sectors across the world.
They are looking for adopting more sheltered approaches with respect to their financial management in order to remain protected from the economic crisis.
This research study emphasizes on identifying how companies in Asia and Europe are going through the phase of financial innovation.
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