The importance of trade and transport ties between Czechoslovakia and Federal Republic of Germany (FGR) is the result not only of the geopolitical situation of both countries in Central Europe but also of their mutual economic contacts, and those with other countries as well. The consequences of...

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,...