The common goal of methods for calculating the environmental costs is to highlight the extent of change of the resource potential and hence the property owner's welfare in monetary terms, which allows assessment of the costs, or comparing alternatives. Integrated assessment of costs shall apply...

The non-normality of asset return distributions has been a stylized fact in the empirical finance literature. Fat-tailedness, in particular, can have significant impact on the accuracy in computing value at risk (VaR), which became popular from the mid – 1990s as a primary measure of market...

The article presents a study which aims to analyze the role of Basel regulatory in the context of changing the behaviour of financial markets actors. The main focus of the Basel Committee is regulatory relating to the activities of international banks. As discussed of the industry and almost all...

In this document we presented what the management of the environmental risk means from the perspective of the financial activities. I also we described the loan evaluation process from the perspective of the environmental risk management. In the context of the fast development of the banking...

One decisive step towards the achievement of a sustainable modern society is represented by the efficient management of water resources. There has been an essential change in most of the governments’ economic policy and related strategies, in those water resources of protection activities are...

Exponential technological societal development was made possible trough risk-taking, and economic growth could not be realized if certainty was put prior to risk. The market economy has in its essence assuming some risks, that without them the activity of an economic agent under risk would be...

The article presents that financial innovation have played a vital role in some bank failures; as the markets undergone significant changes over recent decades, this in consequence has brought some new instruments and techniques into practice in both national and international financial markets....

The article presents a study which aims to analyze the role of credit risk in banking industry. Nowadays the credit risk is still the most important risk in banking. In recent years, many banks have built new businesses – in particular trading operations and services – that generate fees and...

The article presents a study which aims to analyze the role of information technology (IT) in the banking industry. Technological innovations have enabled the industry to open up efficient delivery channels. IT has helped the banking industry to deal with the challenges the new economy poses....