The Bank of Russia: Modeling Parameters of Financial Sustainability in Low-growth and High-volatility Environment

Any new information about the economy is transmitted fast and it may influence the financial markets, positively or negatively. The present study used GARCH (1, 1) and EGARCH models, to investigate the volatility of Indian banking sectors indices, namely, Nifty PSU Index and Nifty Private Bank Index of NSE India Ltd. The result of the study confirmed that the high volatility was found in both the bank indices. At the same time, negative information about Indian economics did affect the PSU and Private Bank Sector indices during the study period. Finally, the study concluded that bad news travels fast and it increased volatility more than good. Hence the Government should give more information and awareness programme to the people before the implementation of any economic policy.

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Ocena antykryzysowej polityki gospodarczej Stanów Zjednoczonych i wybranych państw członkowskich Unii Europejskiej w latach 2005–2014

10.31338/1641-2478pe.2.16.2 ◽

2016 ◽

pp. 26-46

Author(s):

Marcin Jan Flotyński

Keyword(s):

United States ◽

European Union ◽

Financial Markets ◽

Global Economy ◽

Global Financial Crisis ◽

The United States ◽

The European Union ◽

High Volatility ◽

The Global Financial Crisis ◽

Domestic Products

The global financial crisis in 2007–2009 began a period of high volatility on the financial markets. Specifically, it caused an increased amplitude of fluctuations of the level of gross domestic products, the level of investment and consumption and exchange rates in particular countries. To address the adverse market circumstances, governments and central banks took actions in order to bolster the weakening global economy. The aim of this article is to present the anti-crisis actions in the United States and selected member states of the European Union, including Poland, and an assessment of their efficiency. The analysis conducted indicates that generally the actions taken in the United States in response to the crisis were faster and more adequate to the existing circumstances than in the European Union.

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FINANCIAL CONTROLLING IN THE SYSTEM OF FINANCIAL MANAGEMENT

Knowledge International Journal ◽

10.35120/kij2801137y ◽

2018 ◽

Vol 28 (1) ◽

pp. 137-141

Author(s):

Petya Yordanova – Dinova

Keyword(s):

Comparative Analysis ◽

Financial Management ◽

Financial Stability ◽

Business Environment ◽

Innovative Approach ◽

Financial Sustainability ◽

The Common ◽

The Difference ◽

Effective Use ◽

And Control

This paper explores the comparative analysis of the financial controlling, who is a result from the common controlling concept and the financial management. In the specialized literature, financial controlling is seen as an innovative approach to financial management. It is often presented as the most promising instrument of financial diagnostics. Generally speaking, financial controlling is seen as a process of managing the company`s assets which are valued in monetary measures. The difference between the financial management and the financial controlling is that the second covers all functions of management, analysis and control of finances, aiming at maximizing their effective use and increasing the value of the enterprise. Financial controlling is often seen as a function of the common practice of financial management. Its objective is to preserve the financial stability and financial sustainability of enterprises operating in a highly aggressive business environment.

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