03519ntm a22005057a 4500 000240379 CZ-PrVSE 20130629083708.0 m d cr n|||||||||| 130629s2013 xr fsbm 000 0 eng d NEZPRACOVANÝ IMPORT ABA006 cze ABA006 ABA006 Dvořák, Michal ola20181002035 dis Socioekonomické determinanty bankovních marží : jakým způsobem hrají roli? eng Socioeconomic determinants of banking margins [elektronický zdroj] : how do they play a role? / Michal Dvořák 2013 ?? s. : digital, PDF soubor Vedoucí práce: Karel Brůna Diplomová práce (Ing.)—Vysoká škola ekonomická v Praze. Fakulta financí a účetnictví, 2013 Obsahuje bibliografii Textový (vysokoškolská kvalifikační práce) Rok obhajoby 2013 This thesis reveals and describes channels through which socio-economic factors affect bank interest margins. This is done by inspection of state-of-the-art banking firm and dealership models and extensive surveying of empirical literature. 5 particular channels are discussed. 1) Uncertainty associated with costs and benefits of switching the provider of banking services, amplified by the customer risk aversion. 2) Ability of banks to deter switching by various ways, for example by low transparency of rate books or installing direct financial costs when switching. 3) Authorities' willingness to rescue troubled banks, leading to less precautionary behavior of banks. 4) Shareholders' risk aversion, leading to more or less ambitious return-on-equity targets, which in turn affect risk behavior of management. 5) Size of banks implied by anti-merger regulation and low country population impacting margins through economies to scale. Proxies for all these determinants are outlined to enable econometric investigation in further research. In the modeling part, it is shown that dealership models inappropriately price credit risk. Moreover, alterative treatment which increases the importance of operating costs is suggested. Finally, a brand new "satisficer" framework in which management maximizes the likelihood of reaching a benchmark is presented. Such model is both more realistic and general than all its predecessors. It allows their reconciliation and allows for investigation of more margin determinants. Způsob přístupu: Internet bankovnictví a pojišťovnictví [obor dipl. práce] diplomové práce fd132022 czenas master's theses eczenas institutions risk aversion switching costs interest margin Brůna, Karel, 1973- mzk2009543943 ths Jakl, Jakub ISIS:43147 opn Vysoká škola ekonomická v Praze. Fakulta financí a účetnictví kn20010709398 https://isis.vse.cz/zp/42140/podrobnosti VŠKP v InSIS https://isis.vse.cz/zp/42140 Hlavní práce https://isis.vse.cz/zp/42140/posudek/vedouci Hodnocení vedoucího https://isis.vse.cz/zp/42140/posudek/oponent/32145 Oponentura http://isis.vse.cz/zp/119413/podrobnosti dc:identifier NEPOSILAT VSKP 119413 vse42140 130622