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BUILDING SOCIETIES IN TRANSITION: STRATEGY IN A NEW MARKET ENVIRONMENT

C.T. Ennew (Institute of Financial Studies, University of Nottingham.)
M. Wright (Institute of Financial Studies, University of Nottingham.)

Managerial Finance

ISSN: 0307-4358

Article publication date: 1 May 1990

107

Abstract

During the course of the 1980's, the market environment facing the personal financial services sector has undergone a radical change which has forced market participants into a period of strategic realignment. In part this change has been demand driven as a result of both an increase in the volume of personal savings and a requirement for increasingly sophisticated products from a more financially aware consumer. However, many of the most visible developments have been supply driven, in the form of extensive deregulation, developments in information technology and the associated globalisation of financial markets.

Citation

Ennew, C.T. and Wright, M. (1990), "BUILDING SOCIETIES IN TRANSITION: STRATEGY IN A NEW MARKET ENVIRONMENT", Managerial Finance, Vol. 16 No. 5, pp. 14-24. https://doi.org/10.1108/eb013651

Publisher

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MCB UP Ltd

Copyright © 1990, MCB UP Limited

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