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The financial market is one of the most important segments of the economics because it has been serving as a channel through which funds are transferred between particular economical entities. Financial system is a part of the economic system whereby for the latter it is important the financial sector to be as stable as possible. The article is dedicated to a theoretical base of the financial market regulations and it describes situation on the financial market from short term as well as long term perspectives. Ba...

The article explains that the information function of the financial market is the key for pricing of a financial asset. Information acts as an argument of nonlinear function of returns, prices and risk level. At a time when the information becomes a hefty price, the information value of the financial market becomes comparable to its interests effect. It gives the basis to include information factor as a variable in the model of capital asset pricing and the financial market model. In turn, secondary market prices ...

Economic activity is largely due to unpredictable market conditions. It is caused by economic freedom of all economic agents. These conditions generate uncertainty, alternative and ambiguity of events. The information space asymmetry causes incremental transaction costs and leads to an enhancement of the information uncertainty role in terms of risks of the organization. Therefore the information component problem of the uncertainty of the economic environment is one of the most current questions of modern economi...

Currently the overwhelming majority of countries worldwide recognized the need for innovative economic development and creation of own innovations that would give an impulse to qualitatively new, evolutionary development of the economy, industry, and society. Exclusive rights to intellectual property items, most often obtained on the basis of innovations, are valuable asset that can make monopolist of a single individual or legal entity, a whole state or a group of countries by giving them competitive advantages a...

The paper surveys the Czech banking sector from the perspective of corporate financing. The article presents the current state of the Czech financial market, and the importance of the banking sector for the economy. The questionnaire survey investigated main trends in the use of various products offered by the banking sector for financing, satisfaction of companies with banking products and overall confidence of business customers in the banking sector in the Czech Republic. Results of investigation and empirical ...