Contemporary Trends and Challenges in Finance

<p>Part I: Econometrics of Financial Markets.- Information Asymmetry, Liquidity and the Dynamic Volume-Return Relation in Panel Data Analysis.- Density forecasts of emerging markets’ exchange rates using Monte Carlo simulation with regime switching.- Determination of the own funds requirements for the risk of binary options.- Part II: Stock Market Investments.- Relationships between returns in EU equity markets in 2005-2016: implications for portfolio risk diversification.- The relationships between beta coefficients in the classical and downside framework: Evidence from Warsaw Stock Exchange.- Intraday Trading Patterns on the Warsaw Stock Exchange.- Testing Stability of Correlations between Liquidity Proxies Derived from Intraday Data on the Warsaw Stock Exchange.- Validating Downside Accounting Beta: Evidence from the Polish Construction Industry.- Part III: International Finance.- Application of S-curve and modified S-curve in transition economies’ GDP forecasting. Visegrad Four countries case.- Financialization of commodity markets.- Part IV: Banking.- The production or intermediation approach? ‒ it matters.- Competitiveness and Concentration of the Banking Sector as a Measure of Banks’ Credit Ratings.- Different approaches to regulatory capital calculation for operational risk.- Assessment of Systemic Risk in the Polish Banking Industry.- Contemporary Challenges in the Asset Liability Management.- Part V: Corporate Finance.- Does it pay off to change the CEO? Changes in operating performance - preliminary results.- The capitalistic firm as a system that produces economic and social values.- Corporate cash holdings and tax changes. Evidence from some CEE countries.- Determinants of Capital Structure across European Countries.- Profitability of serial acquirers on the Polish capital market.- Failure Models for Insolvency and Bankruptcy.- Part VI: Personal Finance.- Parental Influence on Financial Knowledge of University Students.- Does Households’ Financial Well-being Determine the Levels of Their Sight Deposits under Turmoil?</p>