Real Options as an Instrument of Sustainable Growth in Banking and Portfolio Management

• Autorzy: Yakov Jouk

Warianty tytułu

Opcje rzeczywiste jako instrument zrównoważonego rozwoju w bankowości oraz w zarządzaniu portfelem

• Języki publikacji: EN

Abstrakty

EN

The main goal of the paper is to present various applications of real options in financial institution, especially banks and portfolio management com-panies, which may use it as an instrument of sustainable growth. Today, real op-tions are a hot instrument applied in different areas and industries. Despite its popularity the application of real option in banking and asset management is not so common. Sections one to six of the paper present different definitions and types of financial and real options as well as their comparison. In addition, the use of real options in different industries, with an emphasis on the banking sector is shown. Sections seven and eight discuss the sustainable growth, its definition and importance, especially in banking and portfolio management industries. Applica-tion of the real option as a tool for sustainable growth in the banking sector is also proposed. Section nine concludes the paper. (original abstract)

Głównym celem artykułu jest przedstawienie zastosowań opcji rzeczywistych w różnych segmentach rynku finansowego, w szczególności w bankowości i w zarządzaniu portfelem, jako instrumentu zrównoważonego rozwoju. Dziś stosowanie opcji rzeczywistych, mimo ich potencjału, nie jest na rynku finansowym tak powszechne. Autor pokazuje, w jaki sposób mogą być one wykorzystane w bankowości i w zarządzaniu portfelem. Rozdziały od jednego do sześciu artykułu przedstawiają różne definicje i rodzaje opcji finansowych i opcji rzeczywistych, jak i ich porównanie. Ponadto ukazują wykorzystanie opcji rzeczywistych w różnych branżach, ze szczególnym uwzględnieniem sektora bankowego. Rozdziały siódmy i ósmy omawia zrównoważony wzrost, jego definicję i znaczenie, zwłaszcza w bankowości i zarządzaniu portfelem. Zaprezentowano w nich również zastosowanie opcji rzeczywistych jako narzędzia zrównoważonego rozwoju w sektorze bankowym i w zarządzaniu portfelem. Artykuł kończy podsumowanie, w którym autor wyraźnie wskazuje na korzyści z wykorzystania opcji rzeczywistych jako narzędzia zrównoważonego rozwoju. (abstrakt oryginalny)

Słowa kluczowe

EN

Banking; Real options; Portfolio management; Risk management; Enterprise Risk Management (ERM); Economic growth

PL

Bankowość; Opcje realne; Zarządzanie portfolio; Zarządzanie ryzykiem; Zintegrowany System Zarządzania Ryzykiem; Wzrost gospodarczy

• Czasopismo: Studia Oeconomica Posnaniensia
• Rocznik: 2017
• Tom: 5
• Numer: nr 6 Sustainable Development in Finance and Accounting - Theory and Practice
• Strony: 22--53

Twórcy

autor

Yakov Jouk

• Poznań University of Economics and Business

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Identyfikatory

DOI

10.18559/SOEP.2017.6.2