European Financial Systems 2013

Proceedings of the 10th International Scientific Conference. 10-11 June 2013, Telč, Czech Republic

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

• Publisher: Masarykova univerzita
• Year: 2017
• Print ISBN: 9788021062948
• eBook ISBN: 9788021086968
• Topic: Business
• Subtopic: Finance
• Index: Business

The conference was focused on the current issues related to the financial crisis in the European Union, specifically in financial markets, banking and insurance industries and corporate finance. Because the collection of papers presents the latest scientific knowledge in this area, the reader will get a number of new insights useful for his or her scientific enquires as well as educational or practical activities.

Table of contents

• PREFACE
• CONTENTS
• The System Solution of Uninsurable Riskswith Focus on Floods in the Czech Republic (Hana Bártová, Karel Hanzlík)
• Verification of a linear dependence between the risk premiumand the systematic risk: Empirical testing based on data from PSE (Luděk Benada, Juraj Hruška)
• Efficiency in the Slovak banking industry:a DEA application of the profit approach (Martin Boďa, Emília Zimková)
• Is the asset-liability approach a significant changeto revenue recognition? (Hana Bohušová, Patrik Svoboda)
• Performance of Hungarian Mutual Funds and the Financial Crisis (Gábor Bóta, Mihály Ormos)
• Insurance of Risks of Small and Medium-sized Enterprises (Viktória Čejková, Svatopluk Nečas)
• Country Risk as a Phenomenon of the Current European Debt Crisis (Božena Chovancová, Peter Árendáš)
• Rate of Investments as a Parameter of the VIM Modelfor Appraising Trademarks of Unlisted Companies (Romana Čižinská, Tomáš Krabec)
• Co-movements of bank stocks’ pricesas signs of interdependence and contagion (Oleg Deev)
• Resolving the consequences of work-related injuriesin the conditions of the Czech Republic (Eva Ducháčková)
• Trends in Integration of the Electronic Banking (Jiří Dvořák, Martina Janková)
• Implied forward rates as a source of market expectations –implications for monetary policy in Poland (Ewa Dziwok)
• Factors influencing the microeconomic and fiscal effectsof the reduced VAT on books (Martin Geško)
• Value at Risk estimation using a Monte Carlo simulation (Ján Gogola)
• Nowcasting business cycles using transportation index (Andrius Guzavicius, Vytas Barkauskas, Vidas Tamulis)
• Financial and operational performance of hospitalsin the Czech Republic (Tana Hajdikova, Lenka Komarkova, Petr Pirozek)
• Analysis of the problem of pro-cyclicality in the Eurozoneand pro-cyclicality solutions in Basel III (Eva Horvátová)
• The yield curve as a predictor of economic activity –the case of the Visegrad group (Jana Hvozdenska, Veronika Kajurova)
• Mergers in Czech Agricultural Companies (Eva Hýblová, Zuzana Křížová, Jaroslav Sedláček)
• The calculation of the output gap in the machinery sectorof the Slovak Republic (Eva Kafková, Igor Hudák)
• Credibility Theory and Its Using In Insurance Practice (Silvie Kafková)
• Linkages between bonds and credit default swapsof the European financial institutions (Veronika Kajurová, Jana Hvozdenská)
• Alternative bankruptcy models – first results (František Kalouda, Roman Vaníček)
• Cash Management in Practice (Jan Krajíček)
• The fundamentals of accounting for business combinations (Oleksandra Lemeshko)
• Investigation of factors affecting short interestin the Australian Stock Exchange (Dagmar Linnertová, Oleg Deev, Martin Cupal)
• Public Contracts in Czech Teaching Hospitals - efficiency issues (Alena Maaytová, Stanislav Klazar)
• Contemporary crisis and strategic managementof the private banking sector in the Czech Republic (Jan Matoušek, Miroslav Mareš)
• Financial consequences linked with investments in current assets:Polish firms case (Grzegorz Michalski)
• Influence of volatility on the valueof the modern structured products (Peter Mokrička)
• History of Financial Crises and its impactto current regulatory development of Basel Committee (Vladimir Novotny)
• Asset Pricing with Conditional Value at Risk (Mihály Ormos, Dusán Timotity)
• Asset Pricing and Entropy (Mihály Ormos, Dávid Zibriczky)
• Analysis of phishing in the e-banking fieldand protection techniques against this type of fraud (Gabriela Oškrdalová)
• Single supervisory mechanism bankas a first step to the banking union (Dalibor Panek)
• Utilization of Benford’s Law by Testing GovernmentMacroeconomics Data (Michal Plaček)
• Availability of Information about the Company Insuranceagainst Natural Hazards on the Czech Insurance Market (Lenka Přečková)⤀
• Commodity Markets Financializationand its Impact on the World Economy (Oldřich Rejnuš, Kamil Smolík)
• The Impacts of Basel III onto the European Banking Sector (Svend Reuse, Martin Svoboda)
• Outsourcing in Insurance (František Řezáč, Martin Řezáč)
• Restructuring of the Czech Banking Sector –Influence of Mergers on Selected Financial Indicators (Jaroslav Sedláček, Petr Valouch, Zuzana Křížová, Eva Hýblová, Alois Konečný)
• Perspectives of the Monetary Development of EU (Miroslav Sponer)
• The choice of portfolio based on the theory of cooperative games (Anna Sroczyńska - Baron)
• Lessons Learned from the 2013 Banking Crisis in Cyprus (Daniel Stavárek)
• Microeconomic factors influencing impaired loansand credit derivatives prices (Boris Šturc, Natália Žoldáková)
• Can tax policy co-cause the crisis? (Irena Szarowská)
• Stress testing in relation to the financial crisis (Zuzana Töröková, Boris Šturc)
• Influence of a merger on the EBIT of merged companiesin the Czech Republic (Petr Valouch, Alois Konečný, Maria Králová)
• Assessing the progress of the implementationof the Solvency II regulation (Eva Vávrová)
• Some specifics of the valuation of bank stocks (Jitka Veselá)
• Stock selection based on financial ratios on the Warsaw StockExchange. Analysis between 2001 and 2010 (Tomasz Węgrzyn)
• Decoupling hypothesis and the financial crisis (Joanna Wyrobek, Zbigniew Stańczyk)