FINANCIAL TRAPS: EMPIRICAL EXPERIENCE, SIGNS AND CONSEQUENCES

DOI: 10.36871/ek.up.p.r.2021.04.02.005
UDC 336.14

Authors

A. A. LYSENKO,
Student of the Faculty of Finance, Financial University under the Government of the Russian Federation, Moscow, Russia
L. V. GUSAROVA,
Doctor of Economics, Professor of the Department of State Financial Control and Treasury, Financial University under the Government of the Russian Federation, Moscow, Russia

Abstract

The article highlights theoretical approaches to defining the category of “financial trap”. The directions of correlation of "financial traps" with the issues of the effectiveness of the activity of economic entities are analyzed. In this aspect, the issues related to the hypothesis about the efficiency of markets are considered. Financial traps related to different forms of efficient markets are systematized.

Keywords

financial trap, corporate finance, efficiency, market, behavioral finance.