BUSINESS INFORM №6-2013

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Section: Mechanisms of Regulation of the Economy
UDC 336.748:658
Danich V. N., Shekhovtsova Y. V.
Currency Panic, Agiotage and their Influence on Company Activity (p. 8 - 13)
The article identifies and classifies influence of the currency panic and agiotage as avalanche-like socio-economic processes upon activity and management of a company. Currency agiotage is caused by growth of anxiety, expectation of destabilisation of political and economic systems, and psychological mood of physical persons and subjects of economic activity. Agiotage demand on currency has a certain seasonality and periodicity, that is why, the majority of citizens-entrepreneurs have developed their own tactics of behaviour. Operative management of a company under conditions of these processes mainly depends on typical belonging, company size, institutional and legal forms, organisational, production and market character. As a result, the article identifies main characteristics of appearance and development of agiotage processes in the currency market and also their influence upon company activity. The article identifies and classifies specific reactions of subjects that have to do with making and performing managerial decisions and reducing the risk of losses caused by agiotage.
Keywords: avalanche-like socio-economic processes, company management, currency panic, agiotage
Fig.: 2. Tabl.: 2. Bibl.: 15.

Danich Vitaliy N. – Doctor of Sciences (Economics), Professor, Department of Management and Economic Security, Volodymyr Dahl East Ukrainian National University (17 Ioanna Pavla II Str., Kyiv, 01042, Ukraine)
Shekhovtsova Yekaterina V. – Postgraduate Student, Department of Management and Economic Security, Volodymyr Dahl East Ukrainian National University (17 Ioanna Pavla II Str., Kyiv, 01042, Ukraine)

Article is written in Ukrainian
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Reference to this article:
Danich, Vitaliy N., and Shekhovtsova, Yekaterina V. (2013) “Currency Panic, Agiotage and their Influence on Company Activity.” Business Inform 6:8–13.

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