Pregled bibliografske jedinice broj: 775262
The Role of the Financial Derivates in Croatia
The Role of the Financial Derivates in Croatia // Economic Integrations, Competition and Cooperation / Kandžija, Vinko ; Kumar, Andrej (ur.).
Nica: CEMAFI International, 2016. str. 575-590
CROSBI ID: 775262 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The Role of the Financial Derivates in Croatia
(THE Role of the Financial Derivates in Croatia)
Autori
Radman Peša, Anita ; Bosna, Jurica ; Grbić, Josipa
Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni
Knjiga
Economic Integrations, Competition and Cooperation
Urednik/ci
Kandžija, Vinko ; Kumar, Andrej
Izdavač
CEMAFI International
Grad
Nica
Godina
2016
Raspon stranica
575-590
ISBN
9782954450896
Ključne riječi
financial derivates, MBC, CDO, CDS, OCM, Croatian financial market, risk management
Sažetak
Market of financial derivates in Croatia as one of typical post-transition country is less developed then in other financial developed markets. Authors tried to explain discrepancy in different financial markets. The reasons for this discrepancy could be found in lack of knowledge about financial industry in general, but also in poor knowledge about risk management of financial derivates in Croatian financial institutions and Croatian companies. Banking industry in Croatia in last decade developed some level of derivates implementation but it could not be said for non-financial sector i.e. Croatian companies in general. Improving risk management systems can be increased by implementation of use of financial derivates. The paper provides an overview of financial derivates and explains their function in 21st century in general. Authors especially investigate financial derivates such as Mortgage Backed Securities (MBS), Collateralized Debt Obligations (CDO) band Credit Default Swaps (CDS) and the actual role of credit rating agencies in the light of the crisis and post crisis period in the world and in Croatia. Over the counter markets, such as Mortgage Backed Securities (MBS), Collateralized Debt Obligations (CDO) and Credit Default Swaps (CDS) had an impact on the occurrence of the financial crisis of 2008. Dealing with the respective themes authors conclude that trading in financial derivates should be more regulated. Some efforts in the financial regulations are already done but it is not enough as we can see in practice because the markets of financial derivates continuously rise globally.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
