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The business environment is not quiet any more, in almost every field some threats appear. This can also be seen in the contents of this issue of Financial Sciences. In each of the five articles presented here, the problem of risk management is touched upon, either explicitly or implicitly, like in the paper by Marszk, where the complexity of innovative financial products is also perceived as a risk factor. The dividend smoothing described by Gostkowska-Drzewicka and Majerowska is in turn a kind of tool to minimise risk. So the accent is nowadays on keeping stability rather than on looking for new opportunities. This is clearly reflected in the topics that have drawn the attention of our authors. Though not very optimistic, I do hope that their work published in this issue will be of interest to our readers.
Ewa Bogacka-Kisiel
Rok wydania | 2016 |
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Liczba stron | 79 |
Kategoria | Publikacje darmowe |
Wydawca | Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu |
Numer wydania | 1 |
Język publikacji | polski |
Informacja o sprzedawcy | ePWN sp. z o.o. |
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Spis treści
Preface | 7 |
Magdalena Gostkowska-Drzewicka, Ewa Majerowska: The relevance of dividend smoothing in the construction companies listed on the Warsaw Stock Exchange | 9 |
Jan Kaczmarzyk: Prospective financial analysis with regard to enterprise risk exposure – the advantages of the Monte Carlo method | 23 |
Yury Y. Karaleu: Insurance for handling employee entitlements in the event of employer insolvency (bankruptcy) | 38 |
Adam Marszk: Complexity of innovative financial products: The case of synthetic exchange traded funds in Europe | 49 |
Richard H. Van Horne: Liquidity Risk Measurement for Mutual Funds Investing in Less-Liquid Assets | 65 |