The article deals with monitoring the use of financial resources from EU Structural Funds to support innovative activities in the Slovak Republic, the Czech Republic, Poland and Hungary not only in the present, but also in the previous programming period (2000-2006). It describes the areas to...

In December 2009 the media group Disney completed the takeover of Marvel Entertainment, which belongs to the largest comic book publishers in the world. The transaction significantly changed the two companies, as well as the movie industry. Disney greatly expanded its child target group, which...

Global corporations and companies with international portfolios increasingly concentrate their activities not only on the international expansion of their products or services and global diversifi cation of their capital portfolios, but also on an effective integration in the global value chain...

In this paper, we investigate the adequacy of scaling, a method frequently used in estimation of standard deviation of stock returns. Scaling is based on the assumption that standard deviation is proportional to the square root of the length of the time interval of the sample (for example daily,...

This paper examines features of the Czech stock market’s development from 1997 to 2003 and attempts to unveil the macroeconomic consequences of stock-price development. The analysis of the stock market’s behavior supports a cautionary stance on the hypothesis of the efficient-market theory,...

Ekonomická kriminalita nadobúda v podmienkach globalizácie nové rozmery. Dochádza k prepájaniu organizovaných skupín, ktoré pôsobia destabilizujúco na ekonomiku jednotlivých krajín. Veľmi často dochádza k zneužívaniu bankových nástrojov a nových bankových technológií na...

We present results of an analysis and comparison of 46 studies (54 economic surveys) on capital budgeting methods for investment projects evaluation with emphasis on trends in application from 70s till present. We focus on three methods: net present value method, internal rate of return and...

This paper aims to estimate efficiency of the Slovak commercial banks in the period 2001-2005. The paper uses data obtained from annual reports of 13 Slovak banking institutions. For the practical estimation we applied the parametric Stochastic Frontier Approach and Cobb-Douglas production...

The 2008 financial crisis has its origins in the US real estate market. By means of purchases of US mortgage-backed securities it spread to the portfolios of financial companies everywhere in the world and it is making its way to the real economy. The measures to be taken include cutting...

Svetová finančná kríza, ktorá postupne prerástla do globálnej ekonomickej krízy vo veľkej miere ovplyvnila aj svetový obchod a obchodné financovanie. Obchodné financovanie je pre medzinárodný obchod nevyhnutnosťou, a preto ICC (International Chamber of Commerce) na podnet WTO...