|
|
Credit swaps and CDOs and their use in the financial environment of the 21st century
Vágó, Ádám ; Málek, Jiří (advisor) ; Hoffman, Andrej (referee)
The topic of this thesis is Credit swaps and CDOs and their use in the financial environment of the 21st century. The aim of this thesis is to examine how the market of these instruments works, show how they are traded and how diversely they can be used but also warns about the potential negative consequences in case these instruments are not handled with the required caution. The practical part of this thesis concentrates on the current situation on the credit derivatives market focusing on the above mentioned instruments. The role of CDSs and CDOs in the 2008 global financial crisis is examined with emphasis on the AIG case.
|
|
|
Fundamental analysis of Turkish Airlines
Popova, Elizaveta ; Cibulka, Jakub (advisor) ; Hoffman, Andrej (referee)
The aim of the thesis is to perform fundamental analysis of the Turkish Airlines' stocks to see if the shares are priced correctly and whether it is worth investing in. I chose this company, because I am accustomed to use its services. This thesis starts with a global analysis, continues with sectoral analysis and concludes with a firm's analysis. The work is designed in such a way that at the beginning of each chapter the theory is given, and then it immediately proceeds to the practical part. The conclusion of the thesis is the analysis of the aircraft industry and the revelation of the factors that influence on its development. The situation in the country was assessed in its relation to the Turkish Airlines' development. The benefit of the research is the investment suggestion.
|
|
|
Evaluation of the development of new banks in the Czech banking market
Hillerová, Lucie ; Dvořák, Petr (advisor) ; Hoffman, Andrej (referee)
This bachelor thesis on the topic Evaluation of development of new banks in the Czech banking market responds to new entrants to the market in the years 2007, 2010 and 2011, based on an analysis of three selected banks, Air Bank, Fio bank and ZUNO BANK, trying to evaluate the performance of these banks. Evaluation is based on the examination of the financial statements for the years 2010 to 2014 and provides a summary of selected indicators of banks and author´s commentary. After completing the work, it is clear that Air Bank and Fio bank were able to build a stable position in the market and ranked among the medium-sized banks. On the contrary ZUNO BANK after a deeper examination shows signs of instability and is now offered for sale by the owners. New banks on the market today have an important position, they healthily compete with traditional banks and have high potential.
|
|
|
Role of commercial insurance in solving consequences of nuclear risks
Zindulka, Martin ; Ducháčková, Eva (advisor) ; Hoffman, Andrej (referee)
This thesis aims on solving consequences of nuclear accidents in nucler power plants through commercial insurance. First part of this work introduces internationl liability framework for nuclear accidents, which contains international nuclear threaties and work of International Atomic Energy Agency, altogether with work of czech Agency for nuclear security. Next chapters describe nuclear insurance pools, with special focus on american pool American Nuclear Insurers and Czech nuclear insurance pool. Final part of this thesis goes through two big nuclear accidents in Three Mile Island power plant and in Fukushima power plant. Both accidents are described in wide perspective, including solving and financing of consequences from nuclear insurance and from other financial sources available at the time of disaster.
|
|
|
Fundamental analysis of Fortuna share
Mudroch, Matěj ; Veselá, Jitka (advisor) ; Hoffman, Andrej (referee)
The bachelor thesis is focused on fundamental analysis of the stock Fortuna. In three chapters the Company is analysed on market, industry and company level, the top-down approach is used here. In the first chapter the influence of chosen macroeconomic variables on the stock market is presented. The second chapter discusses industry factors that might impact the share price. In the third chapter the Company is introduced, the company factors are analysed and the Company is compared with its industry peers. Selected models for determining the intrinsic value of share are described and it is decided whether the share is undervalued or overvalued too. In the conclusion the investment recommendation to buy or sell the share is formulated.
|
|
|
Analysis of contactless payments
Švantnerová, Romana ; Schlossberger, Otakar (advisor) ; Hoffman, Andrej (referee)
The aim of this thesis is to provide a comprehensive view on the issue of contactless payments in various forms, as well as capture the actual situation in the field of contactless payments. The first chapter is devoted to the emergence and development of payment cards as a forerunner of contactless cards. The second chapter characterizes contactless cards as a new payment product. Additionally it also includes a description of the technology, which is used for this kind of cards. Chapter also deals with the arrival of contactless cards to Czech Republic and Slovakia. The topic of third chapter is Near Field Communication, special technology, which is used for contactless payments and also for the other forms of contactless payments, such as mobile payments. The fourth chapter talks about mobile services that are actually used for mobile payments. These services are not available in our region yet, but we expect their further expansion into European countries in the future. Finally, the last chapter includes an analysis of data, where we used statistical data of contactless payments in Slovakia and Czech Republic. The aim was to outline the development of contactless payments in individual quarters in both countries separately and to compare the data of contactless cards and payments in these countries.
|
|
|
Modern structured products for retail investors in the Slovak Republic
Kompanová, Eliška ; Veselá, Jitka (advisor) ; Hoffman, Andrej (referee)
This bachelor thesis concerns with the structered products, especially with investment certificates, warrants and ETF. The first chapter defines basic characteristics of each product, distributions to groups, advantages and risks conected with trading and ways of trading itself. In connection with this, it explains possible investment strategies and rules applied when trading. The second part is devoted to analysis of slovak market with chosen instruments, traders with securities, their politics of fees and pointing out differences with the Czech Republic. The main goal of this paper is to provide theoretical and practical view of trading of structured products in conditions of developing market in the Slovak Republic and to compare differences between slovak and czech market in trading of these products.
|
|
|
Payment systems analysis
Kvapil, Dominik ; Schlossberger, Otakar (advisor) ; Hoffman, Andrej (referee)
The subject of this bachelor thesis is payment systems. The first part decribes different types of payment systems and risk engangering them. After this chapter, the analysis of CERTIS and EURO1 payment systems follows. Payment systems analysis is focused on participants, operating of the systems, pricing policy and risk control. The last part deals with the comparison of CERTIS and EURO1 payment systems. The comparison consists of different criteria, for example, settlement, currency of settlement, work with liquidity, the number of transactions processed or settlement finality. The result of the comparison is both systems are rather different. This part is author´s own contribution to the bachelor thesis.
|
|
|
Payments and position of SEPA payments in payment systems
Chobotská, Jitka ; Schlossberger, Otakar (advisor) ; Hoffman, Andrej (referee)
The masters thesis Payments and position of SEPA payments in payment systems deals with the transition of the national payment system to SEPA payment instruments in the Czech Republic, which is coming into force this year. Banks will have to fulfil requirement of interoperability and will have to be able to proceed payments in XML form. The theoretical part defines payments by the payment form and territorial payments in the first chapter. In the 2nd chapter, the legal framework with focus on new legislation affecting the completion and implementation of the SEPA requirements is described. The following two chapters are devoted to payment systems in the Czech Republic, European Union and telecommunication network SWIFT. The 5th chapter discusses about the SEPA project, with the main emphasis on the definition of SEPA instruments. The practical part is dedicated to analysis of foreign payment fees in selected banks with a focus on individuals.
|
|
|
Analysis of integration of public transport in Stredocesky Region
Hoffman, Andrej ; Pova, Patrik (advisor) ; Michl, Zdeněk (referee)
This Bachelor Thesis is focused on today's regional public transport service in Středočeský Region. It compares transport network and movement connections between Prague and Středočeský Region with two coexisting integrated transport systems. This two transport systems are analyzed in aspects of their maintenance and mechanism of funding and of their spatial arrangement in the Region. Analysis presents impacts of differences between two transport systems on the real form of public transport service in Středočeský region.
|
guest ::
