The aim of the paper is to apply a theory of asymmetric information to managing production risk in agriculture. The second part of the paper is devoted to the tools for reducing the information asymmetry - parametric products (weather derivatives, index insurance). The results are based on...

The paper focuses on how risk management may influence the value of a company. Situation is discussed with models of Modigliani - Miller - Fama and their assumptions in the background. After the basic explications of the afore mentioned models and of the decision- making rule for investments,...

Nonprofit hospitals and their corporate governance in health care systems of California and Great Britain are shown as an equivalent variant to the legal and economic status of for-profit hospitals. The analysis of legal and economic statuses of nonprofit hospitals in California, Great Britain...

Global business environment is preferably characterized by turbulences as well as by uncertainties and other undeterminable parameters which can hardly be described by routine mathematical tools. At these circumstances corporate management could be likened to ship captain who has to rudder a...