Very low policy rates as well as the substantial redesign of rules and supervisory institutions have changed background conditions for the Euro Area's financial intermediary sector substantially. Both policy initiatives have been targeted at improving societal welfare. And their potential side...

Intro -- PREFACE -- CONTENTS -- The System Solution of Uninsurable Riskswith Focus on Floods in the Czech Republic (Hana Bártová, Karel Hanzlík) -- Verification of a linear dependence between the risk premiumand the systematic risk: Empirical testing based on data from PSE (Luděk Benada,...

Intro -- Program Committee of the Conference -- PREFACE -- CONTENTS -- Sovereign Credit Rating in Ordered Response Model Framework - Case of Visegrad Four Countries Martin Alexy, Marek Káčer -- Prediction of Agricultural Enterprises Distress Using Data Envelopment Analysis Tatiana Bányiová,...

Intro -- CONTENTS -- Time-based Fee for Vehicles in the Czech Republic: New Model and Challenge? -- Financial Bilingualism as a Success Factor for Effective Business Combination Project: The Case of US Investors -- Evaluation of the Policies Supporting Cultural and Creative Industries in the...

The shadow economy has been a serious problem with varying dimensions in all the income group economies and has significant adverse effects on the development of economies. Therefore, all the countries have tried to combat with the shadow economy by taking various measures. This study researches...