European Financial Systems 2019

Proceedings of the 16th International Scientific Conference

Josef Nešleha, Lukáš Marek, Miroslav Svoboda, Zuzana Rakovská, Josef Nešleha, Lukáš Marek, Miroslav Svoboda, Zuzana Rakovská

• Publisher: Masarykova univerzita
• Year: 2019
• Print ISBN: 9788021093379
• eBook ISBN: 9788021093386
• Topic: Economics
• Subtopic: International Economics
• Index: Economics

The publication contains selected contributions presented during the 16th International Scientific Conference on European Financial Systems 2019. This year the conference hosted experts and professionals from various fields, such as Financial Markets, Accounting, Finance, Taxes, Banking, Corporate and International Finance, Financial Literacy, Macroeconomics, Microeconomics, and more. All contributions are in English as the official language of the conference is English.

Table of contents

• CONTENTS
• Time-based Fee for Vehicles in the Czech Republic: New Model and Challenge?
• Financial Bilingualism as a Success Factor for Effective Business Combination Project: The Case of US Investors
• Evaluation of the Policies Supporting Cultural and Creative Industries in the Slovak Republic
• The Divergence between the EU and non-EU Fiscal Councils
• Robust Optimization Methods in Modern Portfolio Theory
• The Impact of the Ways of Agricultural Activity Reporting on Financial Statements under IFRS and Czech Accounting Legislation
• Capital Asset Prices in the V4 Countries
• Statistical Arbitrage Portfolio Selection in the Old and New EU Member States
• Determinant Factors of Fiscal Revenues, under Current Economic Conditions
• Hurst Exponent and the Efficiency of the Czech Electricity Market
• The Effectiveness of Lower Secondary Education in OECD Countries
• Information Asymmetry in Insurance Market
• IFRS 16 Leases: The Result of the IASB and FASB Cooperation with a Focus on Differences Compared to ASC 842
• Robotic Process Automation for Investment Modelling
• Excessive Debt of Households and Financial Exclusion
• Implications of IFRS 9-based Multi-Year Risk Parameters for Bank Management
• Excise Tax Harmonization in the EU
• Searchability and Machine-Readability of the Financial Statements of the Czech Business Corporations and Their Influence on the Financial Performance
• The CBA Analysis of IFRS Implementation in the Czech Republic
• Profitability of Agricultural Entities in Countries of Visegrad Group
• The Yield Curve as a Predictor of Economic Activity – the Case of Germany, Great Britain and France
• Investing in Emerging Markets: Contrasted Mean and Median Models in Egyptian Stock Markets
• Key Performance Indicators System for Small and Medium-sized Enterprises in Non-productive Automotive in the Czech Republic: A Research Design
• Analysis of Financial Market Using Soft Computing Techniques
• Stock Price and Investment Decisions – Case of Warsaw Stock Exchange
• Financial Position of the Slovak Spa Companies
• Cultural Diversity in Working Teams
• Foreign Capital Inflows and Domestic Savings in Turkey
• The Role of IFRS 15 in the Evaluation of the Effects of Business Model Innovation
• Methodological Aspects of Evaluating the Efficiency of Public Procurement in order to Improve the Effectiveness of Financial Control in the Regions of Russia
• Evaluation of Financial Health of Companies in Slovak Republic Based on Selected Mathematical-statistical Methods
• Bitcoin as a Panacea for the Venezuelan Crisis
• FinTechs as Alternative Financial Market Players
• Analysis of Consumption Tax Dependence on Beer consumption in the Czech Republic
• Does Gender Matter in the Performance of Family Firms? Evidence from the Czech Republic
• Analysis of Migration Processes and Assessment of their Impact on the Development of International Money Transfers of Ukraine
• Regional Differences in the Relation of Flat Prices to Net Disposable Income of Households
• Foreign Trade in Central Europe: The Analysis of Openness
• Contextual Non-financial Information Analysis of Annual Reports
• Lowered VAT Rate Transfer to the Consumer Prices: Selected Medicaments Case Study
• Do European Investors React to Extreme Oil Prices? Evidence from Granger Causality in Tails Test
• Implementation of IAS/IFRS and Their Impact on Selected Financial Performance Indicators
• Impact of Brexit on Volatility Connectedness across ASX’s Subindices
• An Empirical Analysis of the Impact of R&D on Productivity in EU Countries
• Milestones in the Development of the Modern Insurance Market in the Czech Republic
• Transaction Costs in the Czech and Slovak E-procurement: Selected Issues
• Tax Haven Ties and the Profitability of Foreign Owned Companies
• The Financial Education among Pupils in the South Moravian Region
• Evolution of the Financial Stability Reports – Theoretical Approach
• Investment in Land – Strategic Decision
• Identifying of the Expectations of Stock Trading Participants for the Diagnosis of Financial Market Environment Using the Online Analysis of an Order Book
• Implementation of the European Directive on Non-financial Information in the European Economic Area
• The Expense Ratio Development of Insurance Portfolios in Selected Insurance Companies in the Czech Republic in 2010-2017
• Extreme Tools of World Economy Management and Their Risks
• Reliability of Investment Recommendations
• Experimental Design: Testing the Zero Yield Bias
• A Critical Analysis of Too Prominent to Fail in Times of Neymar
• Critical Investigation of the Effects of Series Extensions on the Stock Price of the Provider
• Risk Taking and Corporate Governance in the New Bank Regulatory Requirements
• Prediction of Electricity Prices, Comparison of Germany and the Czech Republic
• Economic Effects of IFRS 16 Implementation
• Record Keeping for Individual Entrepreneurs in the Czech Republic
• Long-Term Social Care – The Problem of Sustainable Financing in Slovakia
• Does the Linkage between Agricultural Business Insurance and Use of Debt Exist? Empirical Evidence from Polish Farm Businesses
• Factors of Professional Qualification Test Results of Selected Non-Bank Consumer Credit Providers Employees
• Prediction of Bankruptcy in a Different Period of Economic Development
• Prediction of Economic Growth to Determine the Growth Rate of Business Value
• Importance of VAT in Government Budgets
• Strategic Approaches of SMEs in Economic Performance of E-commerce
• Leasing Companies in the Czech Republic from the Perspective of Basel III Regulation
• Structural Breaks in Consumer’s Behavior according to their Demand for Credits and Deposits
• Countercyclical Capital Buffer as a Macroprudential Instrument and its Implementation in Selected EU Countries
• Impact of Indebtedness on the Company Performance: Comparison of Merged and Non-Merged Companies
• Local Debt Burden at LAU2 Level in the EU countries
• The Changes in the Polish Tax System and their Influence on the Tax Evasion
• Methodological Aspects of Assessing the Fiscal Sustainability of the Russian Federations’ Regions in Modern Economic Conditions
• Generational Shadow in Polish Family Firms - May Second Generation Change Anything?
• A Non-asymptotic Automobile Bonus-malus System with Varying Transition Rules
• Teaching and Learning with Audiovisual Media: Empirical Analysis of the Effectiveness of Podcasts in Financial Literacy