of thesis titled Insurance intermediaries and supervision over their activities. In my thesis I deal with legislation status and activities of insurance intermediaries. The thesis is divided into three chapters. The first one is devoted to general insurance and the insurance law. I emphasize the importance of the sector and necessity its legal regulation. I mention the roots and development of insurance legislation since 1989. The core of my work is the second chapter, which describes the importance of insurance intermediaries, their function and relationship to other distribution paths. I am talking about the history of the business and its legal regulation and focusing on the development of regulatory activities of insurance brokers since 1989. View of the earlier legislation is important because the anchor institutions and concepts that are still part of the applicable law. The most important part of my theses is a evaluation od the existing legislation, the Act on Insurance Intermediaries, Insurance Act and the Insurance Contract Act in relation to insurance intermediaries. I describe types of contractual arrangements under the Commercial Code that are applicable to insurance intermediaries cooperation with other entities. From the legislation of the Act on Insurance Intermediaries, I focused...

M. Tech. Business Administration / Leadership and management style play a crucial role in an organization, yet not all leaders and managers are good. The purpose of this study was to investigate the dominant leadership and management style at First National Bank (FNB) in Gauteng. A quantitative, sample-based research method was used. An MLQ questionnaire instrument was used to collect data. A random sample comprising 150 FNB managers was selected. Of the 150 questionnaires distributed, 69 were completed which comprises 46% of the population. SAS Software version 9.2 was used to describe and cluster respondents & biographical variables. The General Linear Model was used to test the effect of each demographic variable.

The Czech National Bank, its legal position and scope of activities Abstract As the theme of my thesis, I have chosen the Czech National Bank, its legal position and scope of activities. The aim is to analyze the legal position and activities of the CNB. This is a very large topic, due to the wide activities of the CNB at national, European and international level. The CNB is and independent, highly credible and very powerful institution. The CNB is the central bank of the Czech Republic, the financial market supervision authority and the authority to solve crisis. Its main objective is to maintain price stability. Due to the wide range of tasks, I focused on the assessment its monetary policy as its most important business. The implementation of monetary policy is based on the ability to choose the level of interest rates that will keep inflation at a low but stable level and there will be no unnecessary slowdown or acceleration of the growth rate of the economy. The aim of the CNB's transmission mechanism is to keep the overall inflation in the narrow corridor at 1-3 %. By comparing the real development of the average quarterly inflation rate and the forecast of monetary policy-relevant inflation for the period from 3.Q 2008 to 2.Q 2019, it can be concluded that the caused fluctuations could be hardly...

Magister Commercii - MCom (Business and Finance) / The dawn of democracy in South Africa (SA) in 1994 i.e. post-apartheid era came with inherent societal gender deficiencies and in all Sectors of the SA economy women experienced challenges. Specifically in the Banking Sector women were under represented in leadership and executive positions. The legal framework changed to correct the inequalities of the past resulting in various charters encouraging the private and public sector to transform.

The main goal of my dissertation is to analyze the personality of Engliš, who was an important representative of the scientific and financial elites during the period of the First Republic. I will venture to explain the causes of his rise during the First Republic and aim to characterize his relations with other elites. The term "elite" refers not only to representatives of the political and financial life of the First Republic, but also to the important leaders of its scientific and cultural scenes. In my dissertation I want to address the relationships between the elite of the First Republic and Karel Engliš. Public opinion played an important role in the relations between Engliš and the elite of the First Republic, in particular as Engliš was presented in the media and how the public perceived him. His family was supportive of Karel Engliš but also caused him many problems. I have found the main material for my thesis in the archive of the National Museum (Archiv Národního muzea), the Literary Archive of the Museum of Czech Literature (Literární archiv Památníku národního písemnictví), the archive of Charles University (Archiv Univerzity Karlovy), the archive of Masaryk University in Brno (Archiv Masarykovy univerzity v Brně) and the archive of the National Bank of the Czech Republic (Archiv...

Supervision of financial activity Abstract The activity of entities operating on the financial market is one of the most regulated ones. Economists generally agree that services provided by entities in the financial system are so vital for the functioning of the economy that the overgrown regulatory rules are well- founded. In response to the global financial crisis, there has been a significant development in the regulation and supervision of the financial system, in particular the expansion of the prudential rules of major institutions and the emergence of new areas of macro-prudential supervision and resolution supervision. These are largely the subject of the submitted diploma thesis. The aim of the thesis is to analyze the supervision of the financial system of the Czech Republic in the perspective of institutional and functional classification and in context with their development after the global financial crisis. While the theoretical part of the thesis defines the characteristics and models of the institutional organization of the supervisory authorities, the analytical part identifies their elements projected into the Czech legal system and analyzes the role of the Czech National Bank as a supervisory body of the financial system of the Czech Republic, integrated both from an institutional and a...

The aim of this thesis is to estimate bilateral equilibrium exchange rate of the Czech koruna relative to Euro and to determine if the Czech currency is undervalued or overvalued relative to the market equilibrium. We employ fundamental (FEER) and behavioral (BEER) equilibrium exchange rate models, which enables to measure the currency position relative to the market rate. To tackle the uncertainty of the implied equilibrium exchange rates that differ among alternative specifications of the models, we aggregate the estimates via principal components analysis. The perception on the market is that Czech koruna is undervalued, since the intervention regime imposed by the Czech National Bank in the 2013, was defending the exchange rate floor of 27 Czech korunas to Euro. Then, we extend conventional specifications of BEER models for variables representing exchange rate interventions and forward rates offered on the market because both can have protracted effects not only on spot rates but on adjustment towards long-term equilibrium as well. The original models with fundamental factors show equilibrium exchange rate near to 25 CZK/EUR. However, extended models with interventions show higher equilibrium exchange rate, near to 27 CZK/EUR. Thus, there is possibility of slow adjustment near to the...

This thesis deals with CNB interventions in favor of the exchange rate depreciation of November 2013. The theoretical part presents alternative tools for unconventional monetary policy when zero lower bound is binding. This thesis then describes the experience of other central banks that responded to low interest rates. Intervention of CNB is contextualized in the Czech financial system and previous economic development. The thesis analyses alternative instruments which CNB might have accessed. Based on the analyzed data this thesis concludes that despite the long-term maintenance of weakened Koruna above the level of announced exchange rate pledge the sufficiently loose monetary policy was not translated into desired price increase.

The aim of the master thesis is to create an integrated view on the reporting for this less evident external user of accounting information. The thesis is split into two parts. The first part focuses on the actual data collection system MtS-ISL-SUD and its successor SDAT. Individual parts of the actual system are presented together with their functions. The possible means of submission of the reports are described and evaluated from different perspectives. The first part of the thesis also includes European requirements for the financial market supervision, on which the data collection is based. Second part of the thesis is devoted to the reports themselves. In three subchapters are presented the groups of reports with regards to the respective legislation. In the end the inner structure of the reports is presented on a chosen example.

The thesis brings self-contained review of the bank regulation and control. The first part deals with the theory of the bank regulation and control and then the regulation and control of the bank sector in the Czech Republic is introduced. Next part deals with the brief analysis of the formation and development of the global financial crisis in the USA and chosen European countries. The last part introduces the changes in the field of the bank regulation and control that arose after the break out of the finacial crisis in the European Union. The conclusion of the thesis to a certain degree includes the attutide of the Czech Government and the Czech National Bank towards the newly introduced arrangements.