Ruptures like the recent global financial crisis are inherent elements of our global ‘securitised’ financial system. Re-regulations and the maturing of the financial industry have led to re-organisation processes within the industry with far-reaching implications on international financial...

A key element of the G20 response to the global financial crisis has been to develop policies to address the ‘too-big-to-fail’ problem posed by systemically important financial institutions (SIFIs). The first step is to identify such entities. To that end, there has been extensive work...

The uncertainty that accompanies the modern capital market leads to change and to create various forms of risk management. These changes indicate the development of countries' financial systems, but also carry risks, resulting in losses in the global economy. The last crises forced to the...

Insurance companies use various investment policies regarding each category of financial instruments. The importance of choosing a profitable investment policy is reflected in its results because based on these results insurance companies are appreciated by shareholders and customers. The main...

The paper developed organizational and financial mechanism development of railway transport services, which, unlike the existing ones, includes participants of investment and transportation process, the state target program, a list of potential private and public sources of financing of...

This paper analyzes linear production situations with price uncertainty, and shows that the corrresponding stochastic linear production games are totally balanced. It also shows that investment funds, where investors pool their individual capital for joint investments in financial assets, fit...

Статья посвящена вопросам взаимодействия развития финансовой инфраструктуры и инвестиционной привлекательности территории. Представлен анализ содержания...

This paper presents a model of activities fragmentation in investment funds industry. We consider two strategies: the national one is similar to protectionism and the other is relative to the international market. The financial center proposes adequate combinations of these two strategies in...

This study applies to investment funds a novel framework which combines marginal probabilities of distress estimated from a structural credit risk model with the consistent information multivariate density optimization (CIMDO) methodology and the generalized dynamic factor model (GDFM). The...

The study included 30 small and medium-sized firms in the agri-business sector, located in the Małopolska Province, the region of Cracow (Kraków city and municipality). These companies usually employ no more than 25 people. Most of employees work directly in production. Only 13% of respondents...