FIN809S Financial Sector Transformation

Obchodně podnikatelská fakulta v Karviné
léto 2008
Rozsah
0/2/0. 5 kr. Ukončení: zk.
Garance
prof. RNDr. Stanislav Polouček, CSc.
Katedra financí a účetnictví – Obchodně podnikatelská fakulta v Karviné
Omezení zápisu do předmětu
Předmět je nabízen i studentům mimo mateřské obory.
Mateřské obory/plány
předmět má 21 mateřských oborů, zobrazit
Cíle předmětu
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 covered, too. 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, respectively European Monetary Union.
Osnova
  • Topics covered:
    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.

Literatura
    povinná literatura
  • POLOUČEK, S. Reforming the Financial Sector in Central European Countries. Houndmills, Basingstoke, Hampshire: Palgrave Mac, 2004. ISBN 1-4039-1546-6. info
    doporučená literatura
  • SAUNDERS, A., CORNETT, MM. Financial Markets and Institutions. A Modern Perspective. Boston etc.: McGraw-Hill Irwin, 2001. ISBN 0-07-234892-5. info
  • DECUETO, C., HAJEK, L., ET, AL. Politics and Economics in the Czech Transition. Hradec Králové: Gaudeamus, 2000. ISBN 80-7041-232-1. info
  • BONIN, JP., MIZSEI, K., SZÉKELY, IP., WACHTEL, P. Banking in Transition Economies. Developing Market Oriented Banking Sectors in Eastern Europe. Cheltenham, UK, Northampton, MA, USA: Edward Elg, 1998. ISBN 1 85898 604 4. info
  • SINKEY, JF. Commercial Bank Financial Management. Prentice Hall, 1998. ISBN 0-13-521048-8. info
  • MULLINEUX, AW., GREEN, CHJ. Economic Performance and Financial Sector Reform in Central and Eastern Europe. Capital Flows, Bank and Enterprise Restructuring. Cheltenham, UK, Northampton, MA, USA: Edward Elg, 1998. ISBN 1 85898 806 3. info
  • MEJSTŘÍK, M. The Privatization Process in East-Central Europe. International Studies in Economics and Econometrics. Dordrecht-Boston-London: Kluwer Academic Publish, 1997. ISBN 0-7923-4096-5. info
  • FABOZZI, FJ., MODIGLIANI, F., FERRI, MG. Foundations of Financial Markets and Institutions. .London etc.: Prentice-Hall, 1994. ISBN 0-13-328980-X. info
  • MADURA, J. Financial Markets and Institutions. Saint Paul etc.: West Publishing Company, 1992. ISBN 0-314-87735-5. info
Informace učitele
coursework, test
Další komentáře
Předmět je dovoleno ukončit i mimo zkouškové období.
Předmět je zařazen také v obdobích léto 1991, léto 1992, léto 1993, léto 1994, léto 1995, léto 1996, léto 1997, léto 1998, léto 1999, léto 2000, léto 2001, léto 2002, léto 2003, léto 2004, léto 2005, léto 2006, léto 2007, zima 2007, zima 2008, léto 2009, zima 2009, léto 2010, zima 2010, léto 2011, zima 2011, léto 2012.