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The book of the research is to present the essence of institutional and organizational change for responsible development on the Polish capital market. The result of the research will be the creation of a new concept of political risk management on the Polish capital market, using an analysis of the functioning of the capital market (taking into account the external environment as well as the new model of capital management development policy) in order to rationalize the broadly understood benefits or rationalize and minimize losses. Functioning and efficiency of the capital market. In the theoretical level, an analytical capital market model for this purpose, allowing participants in the capital market to identify and manage risk, to determine their potential impact on performance and identify the best risk management approach.