Impacts of size and lifetime on strategies and business models of Lithuanian financial companies while implementing mifid.
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The present research is to check the influence of MiFID on business models and strategies of Lithuanian financial firms and to examine the value added and main impacts of such factors as the size and lifetime of a company. Inspired by results of a recently conducted survey on influence of the European Union’s directive MiFID on business models and strategies of Lithuanian financial companies (2010), we came to believe that the size and lifetime of the company definitely deserve being objects for further investigation. Apart from more generic aspects of this influence such as the availability of information or financial resources, diffusion of information and knowledge, we take into consideration such parameters as the volume and transparency of investments, the quality of service and dynamics of the number of clients, major changes in workforce, new synergies achieved, smoothness of development business strategies abroad and many others.
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