FIN809M Financial Sector Transformation

Obchodně podnikatelská fakulta v Karviné
léto 2008
Rozsah
1/2/0. 5 kr. Ukončení: z.
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
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.

Informace učitele
coursework, test
Další komentáře
Předmět je dovoleno ukončit i mimo zkouškové období.
Předmět je zařazen také v obdobích zima 2007, zima 2008, léto 2009, zima 2009, léto 2010, zima 2010, léto 2011, zima 2011, léto 2012.