FINK809S Financial Sector Transformation

School of Business Administration in Karvina
Summer 2011
Extent and Intensity
0/0. 5 credit(s). Type of Completion: zk (examination).
Guaranteed by
prof. RNDr. Stanislav Polouček, CSc.
Department of Finance and Accounting – School of Business Administration in Karvina
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
  • Finance (programme OPF, B_HOSPOL)
Course objectives
The goal of the course is to explain basic features of financial sector transformation in Central European countries. It covers topics as a conception of money and functions of money in a market economy, a position and role of financial institutions, financial instruments and financial markets in a market economy. The specific topics cover mergers and acquisitions in banking sector, competition and concentration in financial sector and influence of voucher privatisation on financial sector. Privatisation of banking sector will be also covered. The course considers specific conditions of the Czech Republic, Slovakia, Poland and Hungary during transition onto a market economy in the light of recent changes in European Union and Eurozone, respectively.
Syllabus (in Czech)
  • 1. Financial system
    Financial system as a complex of financial instruments, financial markets and financial intermediaries. Lenders and borrowers. Transition of savings into investments. The financial system and the real economy.
    2. Financial and banking sector structure
    Financial and banking sector structure: theory and practise. Growing number of banks during transition process. Small and large banks. Competition in banking sector.
    3. Mergers and acquisitions in banking sector
    Banks, branches, and offices. Mergers and creation of value. Bank mergers and acquisition strategies. Reasons/hypotheses for bank mergers. The nature of the acquisition premium. Regulatory concerns: safety, stability, and structure.
    4. Privatisation of banking sector
    The initial economic environment for privatisation. The restructuring of property rights. Forms of privatisation. Large privatisation: theory and practise. The role of banks and nonbanking financial institutions in privatisation. Banks privatisation in transition countries.
Literature
    required literature
  • Various readings from The Economist, The Banker etc. info
  • POLOUČEK, S. (ed.). Reforming the Financial Sector in Central European Countries. Houndmills, Basingstoke, Hampshire: Palgrave Mac, 2004. ISBN 1-4039-1546-6. info
Language of instruction
Czech
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: Přednáška 8 HOD/SEM.
The course is also listed under the following terms Winter 2007, Summer 2008, Winter 2008, Summer 2009, Winter 2009, Summer 2010, Winter 2010.
  • Enrolment Statistics (recent)
  • Permalink: https://is.slu.cz/course/opf/summer2011/FINK809S