Showing 1 - 10 of 10
This paper discusses the role that financial innovations play in the modern financial system, aiming at identifying and systematizing the core problems and definitions related to this issue. The paper first describes the importance of the financial system and financial markets in the economy,...
Persistent link: https://www.econbiz.de/10010289537
Before the financial crisis securitization was commonly considered an efficient way of replacing illiquid assets with liquid securities (ABS), in which the risk was supposed to be adequately compensated by the tranching techniques. However, with the emergence of the crisis investors became more...
Persistent link: https://www.econbiz.de/10011551381
Systemic risk is a fundamental constituent of contemporary financial systems. For the past decades a growing number of abrupt upsets in financial systems could be observed. Due to previous experiences, politicians and regulators prefer to identify the off enders outside the system or to blame...
Persistent link: https://www.econbiz.de/10012011872
The aim of this paper is to analyze the merits of using the Value At Risk method in estimating the risk associated with investments in metallurgical sector companies. The paper presents how to construct the model, various methods of its estimation and their advantages and disadvantages. In the...
Persistent link: https://www.econbiz.de/10010289548
As a result of globalization trends many businesses are able to raise capital not only in their domestic market, but also abroad. Among the stock exchanges which have managed to attract foreign companies is the Warsaw Stock Exchange. Over the past few years many companies from Ukraine have...
Persistent link: https://www.econbiz.de/10010289549
The financial and the insurance markets are increasingly penetrating each other, accounting for the fact that insurers are more and more often seen as major institutional investors of capital markets. The capital market offers a range of new opportunities, although it is not devoid of faults,...
Persistent link: https://www.econbiz.de/10010289554
The article aims at pointing out the differences in market reactions regarding the announcement of an investment of … react differently to the information about a fund's investment. To the best of the author's knowledge, the literature does …
Persistent link: https://www.econbiz.de/10012011803
The article deals with the psychological determinants of investment decisions made by an individual investor on the … the context of capital investment. The results of the nationwide survey of 564 individual investors are based on analyses …
Persistent link: https://www.econbiz.de/10012011838
One of the significant problems of a modern economy and economics is political risk. A destructive influence of politics on the financial market cannot be ignored. It is necessary to indicate some selected specific problems of the financial market connected with politics in the area of: public...
Persistent link: https://www.econbiz.de/10011551409
The aim of this article is to present Investment Crowdfunding (ICF) in a perspective wider than merely as a new form of … experience. The study hypothesises that Investment Crowdfunding is a viable alternative for financing micro and small economic … projects, if compared to the traditional and over-regulated forms of financing. The usefulness of Investment Crowdfunding …
Persistent link: https://www.econbiz.de/10013466211