This volume covers the proceedings of the ZAFIN Finance and Sustainability conference, organized by the Wroclaw University of Economics in cooperation with the Corvinus University of Budapest and the University of Economics in Prague. The authors analyze a variety of issues related to recent finance problems, including corporate finance, public finance, monetary and fiscal policy issues, and risk management. The book also discusses topics related to sustainable finance, the transition to green economies, corporate sustainability and sustainable development. The target audience for this book includes researchers at universities and research and policy institutions, graduate students, and practitioners in economics, finance and international economics working for private or government institutions.

Chapter 1: Concentration of hospital infrastructural resources as a source of inequalities in access to health care benefits in Poland

Chapter 2: Supporting of Swiss franc borrowers and sustainability of banking in Poland
Chapter 3: How Does the Par Value of a Share Work?
Chapter 4: Assessing the financial health of hospitals using a financial index
Chapter 5: Competitive regions, competitive firms? A case study on Hungary
Chapter 6: A size of a Company as a Determinant of Capital Structure - Comparison of Listed Companies in the European Union
Chapter 7: How Do Household Characteristics Determine the Levels of Saving Deposits in the Euro Area?
Chapter 8: Fiscal Equalisation in Polish Municipalities (Example of Lower Silesian Voivodship)
Chapter 9: Can local authorities shape the quality of life?
Chapter 10: Participatory Budgeting in Polish Cities: Funds' Allocation Mechanism
Chapter 11: Earnings Management and the Long-term Market Performance of Initial PublicOfferings in Poland
Chapter 12: Determinants of dividend smoothing: The case of the Turkish stock market
Chapter 13: Components of the Effective Spread: Evidence from the Warsaw Stock Exchange
Chapter 14: Fiscal stability protection in Poland in the face of the debt crisis
Chapter 15: The particular aspects of procurement contracts of trading in securities in the conditions of the Slovak Republic
Chapter 16: The position and importance of Stock exchange market and Central securities depository as the inseparable part of the capital market of the Slovak Republic
Chapter 17: The Sustainable Development and the Issue of Subsidies in the Light of the Law of the World Trade Organization
Chapter 18: Bid Premiums on the Warsaw Stock Exchange in the period 2000-2015
Chapter 19: Sustainable finance - paradigm shift
Chapter 20: Analysis of short-term changes in health spending in CEE countries. Creeping trend estimation
Chapter 21: The hidden factors of public administrationin Poland
Chapter 22: Impact of EBITDA variability on empirical safety thresholds of indebtedness and liquidity ratios - the case of Poland
Chapter 23: Modelling quantile premium for dependent LOBs in property/casualty insurance
Chapter 24: Design of innovative research procedure concerning environmental responsibility of banks and their financial effectiveness in the context of implementation of the Directive 2014/95/EU.