European Financial Systems 2014

Proceedings of the 11th International Scientific Conference

Oleg Deev, Veronika Kajurová, Jan Krají?ek, Jan Krajíček, Oleg Deev, Veronika Kajurová, Jan Krajíček

• Publisher: Masarykova univerzita
• Year: 2017
• Print ISBN: 9788021071537
• eBook ISBN: 9788021087040
• Topic: Business
• Subtopic: Finance
• Index: Business

The conference was focused especially on the current issues related to the impacts of the financial crisis on financial and non-financial institutions, new regulation rules and procedures on financial markets, new accounting and tax challenges and trends and tendencies in banking and insurance industry.

Table of contents

• Program Committee of the Conference
• PREFACE
• CONTENTS
• Sovereign Credit Rating in Ordered Response Model Framework – Case of Visegrad Four Countries Martin Alexy, Marek Káčer
• Prediction of Agricultural Enterprises Distress Using Data Envelopment Analysis Tatiana Bányiová, Tatiana Bieliková, Andrea Piterková
• Applications of Grey Models in the Analysis of Financial Time Series. The Forex Market Example. Stanislaw Barczak
• Health System's Financing Inequalities in Selected European Countries Agnieszka Bem, Katarzyna Prędkiewicz, Paweł Prędkiewicz, Paulina Ucieklak-Jeż
• Hospital’s Size as the Determinant of Financial Liquidity Agnieszka Bem, Katarzyna Prędkiewicz, Paweł Prędkiewicz, Paulina Ucieklak-Jeż
• The Classical and Stochastic Approach to Option Pricing Luděk Benada, Martin Cupal
• Combination of Multifactor APT Model and CAPM: An Empirical Analysis of the Prague Stock Exchange Luděk Benada, Juraj Hruška
• Change in Technical Efficiency of Slovak Banks over Time under the Intermediation Approach Martin Boďa, Vlastimil Farkašovský, Emília Zimková
• Factors behind the Pricing of Eastern and Western European Oiland Gas Companies Gábor Bóta, Mihály Ormos, Dániel Tunkli
• Cointegration-Based Active Portfolio Selection in the European Stock Markets Bálint Botos, László Nagy, Mihály Ormos
• The Importance of Financial Literacy in Consumer's Optimal Choice of Insurance Zuzana Brokešová, Monika Jurkovičová, Erika Pastoráková
• Market Structure and Performance of the Life Insurance Industry in the Slovak Republic Zuzana Brokešová, Tomáš Ondruška, Erika Pastoráková
• Management and Criteria for Selecting Commercial Insurance Company for Small and Medium-Sized Enterprises Viktória Čejková, Michal Fabuš
• The Single Supervisory Mechanism and the Czech Republic Hynek Černý
• Comparison of Assessment of Capital Adequacy for Czech Commercial Bank Michal Červenka, Eva Cipovová, Angelika Stupková, Roman Hlawiczka
• Inflation versus Deflation and their Impact on Stock Markets Božena Chovancová, Katarína Gachová, Jana Kováčová
• Modeling Financial Surplus of the Housing Projects Developer Tadeusz Czernik, Daniel Iskra
• The Nexus between Sovereign Default Risk and Bank Fragility: Evidence from China Oleg Deev, Martin Hodula
• Financial Literacy of Masaryk University Studentsin "Financial Literacy" Course Bohuslava Doláková
• Options of Modern Tools in Cyberspace'sManagement of E-banking Jiří Dvořák, Karel Urbanovský, Martina Janková
• Yield Curve Fitting and Forecasting with Parametric Models – Empirical Evaluation Based on Polish Money Market Ewa Dziwok
• Firm Default Prediction Model for Slovak Companies Slavomír Faltus
• Rationality and Emotion in European Football: How Share Prices React to a New Coach’s Appointment Eric Frère, Martin Svoboda, Alexander Zureck
• Satisfaction of the Czech Bank Customers Lenka Gabčová, Valér Demjan, Anna Chochoľáková, Maroš Mikuš
• Applying P-splines for Mortality Rates in the Czech Republic Ján Gogola
• Design Principles of Modified Discount Certificates Zuzana Gordiaková, Monika Harčariková
• Efficiency of Insurance Lines in the Slovak Republic Eva Grmanová
• Cartel Formation in the Financial Sector during Different Stages of Business Cycle Andrius Guzavicius
• The Assessment of Impact of Value Added Tax on the Cash Flow of Chosen Business Entities Norbert Gyurián, Angelika Kútna
• The Issue of Indebtedness of Czech Hospitals Tana Hajdikova, Lenka Komarkova, Petr Pirozek
• Longitudinal Design as an Extension to Standard Banking Approaches to Companies' Financial Performance Assessment and Prediction Lubor Homolka, Jiří Doležal, Petr Novák
• Impact of Interest Rates and Credit Structure on Liquidity and Stability of Banking Sector of the Euro Area Eva Horvátová, Ján Horvát
• Impact of High Frequency Trading on Volatilities of Securities on German Market Juraj Hruška
• Selected Determinants of Lifelong Learning of Population in the Slovak Republic Kristína Hudoková, Anna Schultzová, Marcela Rabatinová
• The Utilization of Sovereign Bond Spreads: The Case of V4 Countries Jana Hvozdenská, Petr Červinek
• The Issue of Dividend Policies of Companies Listed on Warsaw Stock Exchange - Results of the Research Bartłomiej Jabłoński, Jacek Kuczowic
• Disability Benefits for Victims of Traffic Accidents – Size of Compensations Offered by the Current Amount of Coverage in MTPL Insurance Anna Jędrzychowska, Ewa Poprawska
• Statistical Tools for Modeling Claim Severity Pavla Jindrová, Ľubica Sipková
• Relative Premium in Vehicle Insurance Silvie Kafková
• CDS Spreads Determinants of the European Financial Institutions Veronika Kajurová, Boris Šturc
• The Impact of Discount Rate on Commercial Rates in the Czech Republic: The Cybernetic Approach František Kalouda
• Influence of Political System on Merger Legislation Alois Konečný
• Changes in the Holding of Liquidity during the Present Financial Crisis Jana Kotlebova
• Analysis of Differences of Current Liquidity Indicators across Sectors Petra Kozáková
• Modern Products in Corporate Banking Jan Krajíček
• Notes to the Methods of the Medieval Numismatics Tomáš Krejčík, Petr Valouch
• Mergers and Acquisitions in the Selected Countries of Central and Eastern Europe Zuzana Křížová, Jaroslav Sedláček, Eva Hýblová
• Applying Benford's Law Zuzana Kubaščíková, Renáta Pakšiová
• The Factors Affecting the Accuracy of Business Failure Prediction Models Michal Kuběnka
• Determinants of Mutual Fund Industry Development in Countries of Central and Eastern Europe Oleksandra Lemeshko, Oldřich Rej uš
• Using Correlation Structure to Analyse Relation between ETFs with Particular Index as an Underlying and These Indices Dagmar Linnertová
• Optimal Decision for Convertible Debt Financing - Some Observations from the American Market Jakub Marszalek
• Investments Allocation Tax Factors in Pre-crisis Time Lukas Moravec, Gabriela Kukalová
• Cross-Sectional Examination of Classic Asset Pricing Models on the Russian Stock Market Galina Mukhacheva, Oleg Deev
• The Impact of Indicators of Capital Structure on Profit of Viticulture and Viniculture Enterprises Zdeňka Náglová, Eliška Vlašicová, Martin Gürtler, Marta Gryčová
• Non-life Insurance Market in the Czech Republic and Slovakia Svatopluk Nečas, Viktória Čejková
• Fiscal Imbalances: How Should Public Finance React? Juraj Nemec, Markéta Šumpíková, Stanislav Klazar, Beáta Mikušová Meričková, Matúš Grega
• Influence of International Trade on Economic Growth Marcel Novák, Pavol Skalák
• Hedging against a Price Rice Using Vertical Ratio Call Back SpreadStrategy Formed by Barrier Options Bibiána Nováková, Pavol Baran
• Overconfidence as a Cognitive Bias and its Implications for Insurance Industry Tomáš Ondruška
• Pharming in the E-banking Field and Protection Techniques against this Type of Fraud Gabriela Oškrdalová
• Bayesian Estimation of Event Probability in Accident Insurance Viera Pacáková, Eva Kotlebová
• How Do Risk Free Investment Options Changeour Decisions under Risk? Jana Peliova
• The Establishment of VIG Group as a Marketing Strategy on the Insurance Market in the Czech Republic Lenka Přečková
• IFRS as a Tax Base in a Small Open Economy David Procházka, Jan Molín
• Funding Social Services in the Czech Republicin the Light of EU Legislation Ladislav Průša, Mirka Wildmannová
• Malaysia and Taiwan Acquiring Firms’ Short-run Performance in Cross Border Mergers and Acquisitions Kamal Fahrulrazy Rahim, Noryati Ahmad, Ismail Ahmad, Fahmi Abdul Rahim
• Price vs. Performance Index – Comparison of the Czech PX with the DAX 30 and the EuroStoxx 50 Svend Reuse, Martin Svoboda
• Mergers of Business Corporations at the Czech Acquisition and Merger Market Jaroslav Sedláček, Alois Konečný
• Evaluation of the Use of Mediation to Resolve Disputes in Financial Services in the Czech Republic Jindřiška Šedová, Romana Kalábová
• Topological Properties of European Banking Networkin Light of the Single Supervisory Mechanism Maria Siranova
• Relation of CSR and Market Measures of Financial Performance: International Evidence Tomasz Słoński, Karolina Daszyńska-Żygadło, Bartosz Zawadzki
• Macroeconomic Factors and Commodity Price Volatility Kamil Smolík, Oldřich Rejnuš
• Lease Type B and Possible Duplicate Recognition of Assets Alžběta Srnová, Hana Bohušová, Veronika Blašková
• The Analysis of the Threshold of Obligatory Offer Based on the Theory of Games for Companies from Index WIG30 in Poland Anna Sroczyńska - Baron
• External Imbalances in the European Union Before and After the Financial Crisis Daniel Stavárek
• Capital Structure and Capital Disparity across the Economic Subjects in the Agricultural Sector in the Czech Republic Before a d After the Financial Crisis Jana Steklá, Marta Gryčová
• The Effect of Ownership Structure on the Performance of Manufacturing Companies Michala Strnadová, Michal Karas
• Corporate Non-life Insurance Claims: Empirical Evidence from the Polish Market Grzegorz Strupczewski
• Product Quality and Performance of the Enterprise Petr Suchánek, Maria Králová
• Financial Literacy of Masaryk University Students with Focus on Socially Disadvantages Citizens Martin Svoboda
• The Uncertainty Associated with the Estimated Lease Term and its Impact on the Financial Analysis Ratios Patrik Svoboda, Hana Bohušová
• Do Fiscal Drivers Matter for Sovereign Risk Spread in EU15? Irena Szarowská
• World Financial Frictions and the Czech Economy Karol Szomolányi, Martin Lukáčik, Adriana Lukáčiková
• Using Modern Quality Management Tools to Improve Finance and Business University Courses Zsuzsanna Eszter Tóth, Tamás Jónás
• Cost and Benefit of Accounting Information in Slovakia: Do We Need to Redefine Relevance? Miloš Tumpach, Anna Baštincová
• Tax Considerations and Merger Activity in National andInternational Context: Empirical Evidence from the Czech Republic Petr Valouch, Oleksandra Lemeshko
• The Development of Profitability of Merged Czech Companies Petr Valouch, Daniel Němec
• Assessing the Consequences of Global Financial Crisis in the System of Credit Risks Insurance Eva Vávrová
• Performance Measurement in the Public Sector Jana Vodáková
• Profitability Ratios in the Stock Selection Process on the Warsaw Stock Exchange. Analysis between 2001 and 2011. Tomasz Węgrzyn