Title Financial hearsay: content, features, legal regulation /
Translation of Title Finansiniai gandai: tu­rinys, ypatu­mai, teisinis reglamentavimas.
Authors Liktoraitė, Simona ; Vaškelaitis, Vytautas
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Is Part of Socialiniai tyrimai = Social research.. Šiauliai : VšĮ Šiaulių universiteto leidykla. 2010, nr.2(19). ISSN 1392-3110
Keywords [eng] Financial hearsay ; Hearsay cont ent and features ; Financial stability ; Legal regulation of financial hearsay
Abstract [eng] This art icle focuses on the analysis of the concept of financial hearsay and the information forming the content of financial hearsay. Financial hearsay is analysed as the object of legal regulation. The essence of the concept of financial hearsay is revealed through the thorough analysis of its features. It can be concluded that financial hearsay conta ins information: 1) not confirmed by official sources, 2) having potential to be both true and false, 3) having a characteristic sprea d, 4) notifying about significant events to state and society. Aft er research, it can be noticed that the concept of financial hearsay does not exist in Lithuanian legal acts, nor they regulate information corresponding to the cont ent of financial hearsay. At the constitutional level, there is legal basis for the restriction of the dissemination of information that could affect state’s financial stability ; however, they are not implement ed in adopted legal acts. In absence of legally solidified concept comprising all possible forms of financial hearsay, misleading assumpt ion of the violation of the principle of inevitability of responsibility emerges. [...].
Published Šiauliai : VšĮ Šiaulių universiteto leidykla
Type Journal article
Language English
Publication date 2010