Weighted Coefficient Model for Bank Investment Portfolio Optimization

• Autorzy: Mykhailo Kuzheliev , Igor Britchenko , Maksym Zhytar
• Języki publikacji: EN

Abstrakty

EN

The article investigates conceptual positions of providing financial flexibility of decision making in the bank's investment activity. It emphasizes the use of the mechanism, which includes the choice of investment strategy on the basis of institutional flexibility of decision-making; optimization of bank investment portfolio taking into account market flexibility; evaluation and regulation of managerial flexibility of decision making. (original abstract)

Słowa kluczowe

EN

Investment strategy; Investment portfolio; Banking investments; Decision making

PL

Strategia inwestycyjna; Portfel inwestycyjny; Inwestycje w bankowości; Podejmowanie decyzji

• Czasopismo: Business and Non-profit Organizations Facing Increased Competition and Growing Customers' Demands
• Rocznik: 2015
• Tom: 14
• Strony: 149--162

Twórcy

autor

Mykhailo Kuzheliev

• National University of State Tax Service of Ukraine, Ukraine

autor

Igor Britchenko

• Wyższa Szkoła Biznesu - National-Louis University, Poland

autor

Maksym Zhytar

• National University of State Tax Service of Ukraine, Ukraine

Bibliografia

• Brennan, M., Chordia, T., Subrahmanyam, A., Tong Q. (2009). Sell-side Illiquidity and the Cross-Section of Expected Stock Returns. London: Cass Business School. Retrieved from http://www.cass.city.ac.uk/__data/assets/pdf_ file/0009/69957/Chordia.pdf.
• Chaykun, A. (2009). The choice of indicators for measuring the liquidity of securities. State management in the twenty-first century: tradition and innovation, 3, 159-167.
• Dong, J., Kempf, A., Yadav, P. (2007). Resiliency, the Neglected Dimension of Market Liquidity. New York: Empirical Evidence from the New York Stock Exchange. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_ id=967262.
• Harris, L. (1990). Liquidity, trading rules, and electronic trading systems. New York University Salomon Center Monograph Series in Finance and Economics, 4, 31.
• Keynes, J. (1999). General Theory of Employment Interest and Money. Moscow: Helios ARV.
• Koch, I. (2002). The principles assessing the liquidity of the securities. Socio-economic problems of formation and development of market economy, 274-276.
• Kovalenko, Y.M. (2011). The essence of the institutional environment of the financial sector of the economy. Economic Bulletin of Donbas, 1(23), 92-97.
• Kuzheliev, M. (2014). Evaluation and regulation of administrative flexibility of the decision making in the bank's investment activity. Scientific Bulletin of National Lviv Technical University of Ukraine, 24(9), 328-337.
• La Porta, R. (1997). Legal Determinants of External Finance. The Journal of Finance, 3, 20.
• Madu, C. (1994). Optimum information technology for socioeconomic development. Information Management and Computer Security, 2(1), 4-11.
• North, D. (1997). Institutions, Institutional Change and Economic Performance. Moscow: Foundation of the Economic book "Beginning".
• O'Hara, M. (2004). Liquidity and Financial Market Stability. NBB Working Paper, 1-13.
• Regulations on the procedure of calculation of the allowance for compensation of possible losses of banks from securities transactions (1999). Kyiv: Ordinance of National Bank of Ukraine, 629. Retrieved from http://zakon4.rada.gov.ua/laws/show/z0045-00.
• Sodenberg, J. (2006). Is It Cold up North? The Liquidity on the Scandinavian Stock Exchanges. Working Paper. Vaxjo: Vaxjo University. Retrieved from http://www.researchgate.net/publication/228973332_Is_it_cold_up_north-The_liquidity_on_the_Scandinavian_stock_exchanges.
• The Financial Development Report (2012). Retrieved from http://www.weforum.org/reports/financial-development-report-2012.
• The main indicators of activity of banks of Ukraine (2015). Kyiv: National Bank of Ukraine. Retrieved form http://www.bank.gov.ua.
• Zhytar, M. (2014). Selection of the Bank Investment Strategy on the Basis of the Hierarchy Analysis Method. Scientific journal «Business Inform», 2, 342-347.