The global financial market has become extremely interconnected as it demonstrates strong nonlinear contagion in times of crisis. As a result, it is necessary to measure financial systemic risk in a comprehensive and nonlinear approach. By establishing a large set of risk factors as the main...

The global financial market has become extremely interconnected as it demonstrates strong nonlinear contagion in times of crisis. As a result, it is necessary to measure financial systemic risk in a comprehensive and nonlinear approach. By establishing a large set of risk factors as the main...

Corporate governance covers all systems and processes in place to manage and control the company, in order to increase performance and value. Organizations must adhere to all the concepts, principles, standards and corporate governance regulations to be assessed and achieve relevant policies and...

The aim of the paper is to estimate models for household classifi cation from the point of view of their financial situation. The models are constructed on the basis of data from the Living Conditions 2010 survey. The target indicators are the possibility of a household to afford a week-long...