Risks of collective investment undertakings in the context of global capital markets

Pfeiferová, Daniela; Kuchařová, Ivana

doi:10.1051/shsconf/20207401025

Cited by 3 publications

(2 citation statements)

References 16 publications

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“…Paper [8] claims that the global financial crisis has clearly identified and reinforced the role of financial risks. Paper [9] states that in the financial market, risk management is associated with the process of identifying individual risks, their analyzes and making investment decisions by reducing the degree of uncertainty. The authors of paper [10] use a panel VAR methodology and they find rather comovement effects in the Visegrad group member countries (the Czech Republic, Hungary, Poland and Slovakia) as they have been only marginally affected by the turmoil in the peripheral countries during the sovereign debt crisis.…”

Section: Literature Reviewmentioning

confidence: 99%

Globalization Effects on Contagion Risks in Financial Markets

Paskaleva

Stoykova

2021

SHS Web of Conf.

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Research background: Financial globalization has opened international capital markets to investors and companies worldwide. However, the global financial crisis has created big volatility in the stock prices that induces a restriction in the reflection of full information. We explore ten EU Member States (France, Germany, The United Kingdom, Belgium, Bulgaria, Romania, Greece, Portugal, Ireland, Spain), and the USA. The explored period is 03.03.2003 - 30.06.2016, as it includes the effects of the global financial crisis of 2008. Purpose of the article: To determine if there is a contagion effect between the Bulgarian stock market and the other examined stock markets during the crisis period and whether these markets are efficient. Methods: Argument Dickey-Fuller Test, DCC-GARCH Model, Autoregressive (AR) Models, TGARCH Model, Descriptive Statistics. Findings & Value added: Our results show that a contagion across the Bulgarian capital market and eight capital markets exist during the global financial crisis of 2008. We register the strongest contagion effects from US and German capital markets to the Bulgarian capital market. The Bulgarian capital market is relatively integrated with the stock markets of Germany and the United States. That is the explanation of why the Bulgarian capital market is exposed to financial contagion effects from the US capital market and the capital markets of EU member states during the crisis period. We register statistically significant AR (1) for the UK, Greece, Ireland, Portugal, Romania, and Bulgaria, and we can define these global capital markets as inefficient.

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Section: Literature Reviewmentioning

confidence: 99%

Globalization Effects on Contagion Risks in Financial Markets

Paskaleva

Stoykova

2021

SHS Web of Conf.

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“…Môže byť vnímaný ako proces, ktorým podniky systematicky riešia riziká spojené s ich činnosťami s cieľom dosiahnuť trvalý prínos v rámci každej činnosti a portfólia všetkých činností. Manažment rizík je nástrojom na zvyšovanie miery bezpečnosti realizovaných činností, procesov, projektov a celkovo podnikateľských aktivít, a patrí medzi základné nástroje manažérskeho rozhodovania(Technical Department of ENISA, 2006; Ferma, 2005;Jonek- Kowalska, 2019;Pfeiferová & Kuchařová, 2020;Sabbaghi & Allahyari, 2020).…”

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Comparison of Selected Methods Usable in Project Risk Management

Brutovský¹,

Šimíčková²

2020

Crisis Management

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The project Is effective if the goals and defined benefits of the project are appropriately set, the risks are assessed in detail with the subsequent implementation of measures to minimize them and the correction of project activities. Effective risk assessment and management requires the interaction of several factors and functions that will keep the implementation of the project in the right direction regardless of the problem addressed. During the project activity, project managers must follow appropriate methods and procedures in the field of risk assessment and management. The choice of an appropriate method depends on the nature of the project as well as the knowledge of the project manager, but it is essential that risk management is implemented in project management from the very beginning of the project idea and purpose to its implementation and sustainability. The aim of the article is to provide managers with an overview of the methods and procedures used in project risk management that will help prevent the difficulty of meeting the set project boundaries and objectives.

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Financial Literacy Practices on the Investment Decisions of Accounting Professionals in Makati City

2024

CJBIS

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Financial literacy provides individuals with the means to assess the potential risks linked with various investment options enabling investors to make educated decisions. Therefore, the objective of this research is to identify the financial literacy practices adopted by accounting professionals and determine the level of influence of these financial literacy practices on the investment decisions of the respondents. This research applied a quantitative research methodology with convenient selection of participants. The respondents consisted of Eighty (80) accounting professionals of selected firms in Makati City. A self-made survey questionnaire was utilized in gathering data on the demographics of respondents and the degree to which financial literacy practices influenced their investment decisions. Thus, the data collected from the survey questionnaire underwent analysis and interpretation utilizing interval data measurement on a Four-point Likert scale. The findings of this research highlighted that there exist a statistically significant correlation between budgeting (r=0.924, p=0.001), saving and investing (r=0.970, p<0.001), and debt management (r=0.919, p=0.001) on investment decisions of accounting professionals. Notably, saving and investing as financial literacy practices can be positively associated with investment decisions. When budgeting, it is crucial to assess whether significant purchases align with your needs and fit within your financial capabilities. Thus, the fact that the respondents tend to prioritize avoiding new debts emphasizes how important it is to manage debts responsibly when making investment decisions.

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Risks of collective investment undertakings in the context of global capital markets

Cited by 3 publications

References 16 publications

Globalization Effects on Contagion Risks in Financial Markets

Globalization Effects on Contagion Risks in Financial Markets

Comparison of Selected Methods Usable in Project Risk Management

Financial Literacy Practices on the Investment Decisions of Accounting Professionals in Makati City

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