Journal of corporate governance, insurance and risk management最新文献_第4页

Analyzing the Impact of COVID-19 on the Financial Failure Risk in Borsa İstanbul Manufacturing Companies 新冠肺炎疫情对Borsa İstanbul制造业企业财务失败风险的影响分析

Journal of corporate governance, insurance and risk management Pub Date : 2021-05-15 DOI: 10.51410/jcgirm.8.2.7

E. Kaplanoğlu, Fatma Moroğlu

引用次数: 0

Comparison of Banks with Cluster Analysis Before and After Covid-19 Pandemic Covid-19大流行前后银行聚类分析的比较

Journal of corporate governance, insurance and risk management Pub Date : 2021-05-15 DOI: 10.51410/jcgirm.8.2.12

Salih Acikalin, Hasan Huseyin Yildirim

{"title":"Comparison of Banks with Cluster Analysis Before and After Covid-19 Pandemic","authors":"Salih Acikalin, Hasan Huseyin Yildirim","doi":"10.51410/jcgirm.8.2.12","DOIUrl":"https://doi.org/10.51410/jcgirm.8.2.12","url":null,"abstract":"The Covid-19 virus, which emerged in Wuhan, China, in December 2019, spread all over the world in 2020, bringing commercial, social and economic life to a standstill. Governments have applied many support practices to reduce the impact of the virus on the economy. With public banks’ social life support loans, those who lost their income due to the pandemic were supported. In 2020, when the most intense effects of the Covid-19 pandemic were experienced, public banks’ loan and deposit volumes grew significantly. Banks profit by using the deposits they hold or collect as loans. Therefore, the efficiency of fiscal and monetary policies is increased through banks. The study aims to investigate whether the Covid-19 pandemic has caused a change in the clustering of banks by using the financial and size data of the deposit banks in the BIST Liquid Bank Index. The study tried to determine which banks included in the Borsa İstanbul (BIST) Liquid Bank Index were clustered using the values published in the 2019 and 2020 year-end annual reports. Cluster analysis was applied using the SPSS program. The study’s findings determined that the pandemic process affected the clustering of banks and that public banks were in a different cluster compared to 2019.","PeriodicalId":147045,"journal":{"name":"Journal of corporate governance, insurance and risk management","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128271372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Entrepreneurship Among Young People in Spain and Turkey 西班牙和土耳其年轻人的创业精神

Journal of corporate governance, insurance and risk management Pub Date : 2021-05-15 DOI: 10.51410/jcgirm.8.1.13

Pedro Adalid Ruiz, Cantürk Kayahan

引用次数: 0

Nudging Technique In Retail 零售中的轻推技术

Journal of corporate governance, insurance and risk management Pub Date : 2021-05-15 DOI: 10.51410/jcgirm.8.2.1

I. Plazibat, Lorena Gašperov, Duje Petričević

{"title":"Nudging Technique In Retail","authors":"I. Plazibat, Lorena Gašperov, Duje Petričević","doi":"10.51410/jcgirm.8.2.1","DOIUrl":"https://doi.org/10.51410/jcgirm.8.2.1","url":null,"abstract":"Changes in consumer behaviour, coupled with shifting purchasing habits, have led to a new setting, one in which the retailers are seeking novel means of keeping potential consumers inside their stores for the maximum duration possible. This prolonged time span contributes to the increased frequency of impulsive actions, thus resulting in greater customer spending. Impulsive buyers are the most crucial target audience for retailers, for they are purely driven by emotion, making decisions without prior preparation or information gathering. Through the grasp of psychological science, behavioural and cognitive functioning, it is possible to discern the factors that make specific retailers and their stores more appealing than others. The main purpose of this paper is to point out a relatively new concept and a technique, called “nudging”, and to showcase the methods of gaining new customers through its utilisation within the Croatian retail market. The nudging technique is not a forceful one, opting to employ imperceptible and subtle means, such as playing certain music, utilising carefully selected scents, colours and lighting within the store, which all serve to improve consumer perception and satisfaction. The retailer can stand out from the competition, precisely by using nudging, which intertwines sensory perception and other psychological factors, incorporating them in the overall store design. For this particular purpose, a survey was conducted among Croatian customers, which examined the presence of specific nudging techniques in retail, as well as their effects on the consumer behaviour. The research results concluded that the Croatian retailers do indeed utilise some nudging techniques which, although perceived by their customers are ultimately left unaware of the impact they have on their respective decision-making process and behaviour","PeriodicalId":147045,"journal":{"name":"Journal of corporate governance, insurance and risk management","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125539751","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Public Debt on Private Consumption: The Case of Countries in Transition 公共债务对私人消费的影响:以转型国家为例

Journal of corporate governance, insurance and risk management Pub Date : 2021-05-15 DOI: 10.51410/jcgirm.8.2.3

Morina Fisnik, Argjent Berisha

{"title":"The Effect of Public Debt on Private Consumption: The Case of Countries in Transition","authors":"Morina Fisnik, Argjent Berisha","doi":"10.51410/jcgirm.8.2.3","DOIUrl":"https://doi.org/10.51410/jcgirm.8.2.3","url":null,"abstract":"Developed countries have well-designed and developed economies in macroeconomic terms. However, not all countries benefit from the fruits of such an economy. Therefore, some countries are still faced with an economy that requires macroeconomic restructuring and development. People in these countries face high unemployment, evolving fiscal and monetary policies. The state is forced to borrow either internally or externally, where the latter is usually preferred. This paper aims to show the effects of government debt on private consumption with a particular focus on transition countries. Thereby explaining the factors that influence private consumption and the types of debt that governments take into account. The countries in regions, which are facing this problem, will be analysed in more detail. Kosovo is one such country, which will be analysed in detail, particularly the relationship between national debt and private consumption. This study is carried out using the statistical software STATA, whereby private consumption is a dependent variable, whilst national debt, gross fixed capital formation, foreign direct investment, consumer price index, export of goods and services and GDP growth are our independent variables. This paper is a compilation of information from multiple sources to describe the reality that transition countries are faced with when borrowing.","PeriodicalId":147045,"journal":{"name":"Journal of corporate governance, insurance and risk management","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132078574","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Investigation of the Relationship Between Brent Oil and Cryptocurrencies During the Pandemic Period 疫情期间布伦特原油与加密货币关系研究

Journal of corporate governance, insurance and risk management Pub Date : 2021-05-15 DOI: 10.51410/jcgirm.8.1.9

Abdulkadir Kurt, Veysel Kula

{"title":"Investigation of the Relationship Between Brent Oil and Cryptocurrencies During the Pandemic Period","authors":"Abdulkadir Kurt, Veysel Kula","doi":"10.51410/jcgirm.8.1.9","DOIUrl":"https://doi.org/10.51410/jcgirm.8.1.9","url":null,"abstract":"The function of money plays an essential and indisputable role in the development of trade. Typically, banknotes and coins have always been introduced by central authorities. Emerging after the 2008 crisis, however, Bitcoin, considered to be the original cryptocurrency, contributed to money in an unprecedented dimension as it is the first decentralized peer-to-peer payment network. Cryptocurrencies are in constant interaction and the casualty relationship, among other variables, with Brent Oil. This study attempts to investigate the relationship between Bitcoin, Ethereum and Brent Oil price movements using 210 daily data from 10.12.2019 to 01.10.2020, featuring the period of the start and the spread of the COVID-19 pandemic. In this study, the casualty relationship among Brent Oil, Bitcoin and Ethereum was examined with the Granger Causality test. As a result of the study, a bidirectional casualty relationship is determined between Brent Oil and Ethereum. However, a one-way causality relationship is found between Brent Oil and Bitcoin. On the other hand, there is no causality relationship between Ethereum and Bitcoin.","PeriodicalId":147045,"journal":{"name":"Journal of corporate governance, insurance and risk management","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128836233","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The volatility of the Dow Jones Pharmaceuticals and Biotechnology Index in the context of the Coronavirus crisis 在冠状病毒危机背景下，道琼斯制药和生物技术指数的波动

Journal of corporate governance, insurance and risk management Pub Date : 2020-12-01 DOI: 10.51410/JCGIRM.7.2.3

F. Darie, Illena Tache

{"title":"The volatility of the Dow Jones Pharmaceuticals and Biotechnology Index in the context of the Coronavirus crisis","authors":"F. Darie, Illena Tache","doi":"10.51410/JCGIRM.7.2.3","DOIUrl":"https://doi.org/10.51410/JCGIRM.7.2.3","url":null,"abstract":"This paper’s analysis was triggered by the outbreak of the new virus\u0000COVID-19. In December 2019, the Chinese officials alerted the World\u0000Health Organization (WHO) of the existence of an unknown deadly virus.\u0000Coronavirus has rapidly spread across the world - to Europe, Middle East\u0000and the USA, forcing the World Health Organization to declare COVID-19\u0000a global pandemic. Its spread has generated major concerns for the health\u0000and economic sectors. Meanwhile, all countries hope for the development\u0000of a vaccine. Using as a research method the EGARCH model, this paper\u0000investigates if it can be applied to model the trend of volatility of the\u0000pharmaceuticals and biotechnology markets, especially during the health\u0000crisis. More specifically, this paper tries to identify whether different\u0000specifications of univariate GARCH models can usefully anticipate\u0000volatility in the stock indices market. The study uses estimates from both a\u0000symmetric and an asymmetric GARCH models, namely GARCH (1, 1) and\u0000EGARCH models, for the Dow Jones Pharmaceuticals and Biotechnology\u0000index (DJUSPN). The dataset is extracted from “Investing.com” and covers\u0000the period September 2019 - August 2020, resulting in a total of\u0000approximately 252 daily closing prices. The data focuses on the response of\u0000the highest capitalized pharmaceutical and biotechnology companies from\u0000the US to combat the outbreak of the coronavirus. This study concludes that\u0000the EGARCH model is better than the unconditional volatility and the\u0000conditional GARCH (1, 1) volatility and it is best suited for modelling and\u0000forecasting the fluctuations of the stock indexes.","PeriodicalId":147045,"journal":{"name":"Journal of corporate governance, insurance and risk management","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132452351","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Relevance of the absorptive capacity in firms’ innovation strategies measured via bibliometric analysis 运用文献计量学方法研究吸收能力与企业创新战略的相关性

Journal of corporate governance, insurance and risk management Pub Date : 2020-06-01 DOI: 10.51410/JCGIRM.7.1.1

Ernest Vlačić, Marina Dabic, M. Božac

{"title":"The Relevance of the absorptive capacity in firms’ innovation strategies measured via bibliometric analysis","authors":"Ernest Vlačić, Marina Dabic, M. Božac","doi":"10.51410/JCGIRM.7.1.1","DOIUrl":"https://doi.org/10.51410/JCGIRM.7.1.1","url":null,"abstract":"Absorptive capacity (ACAP) as a function of systematic knowledge management is widely recognized as the catalyst for successful innovation performance in firms, particularly when it comes to identifying business opportunity information from the outside world and assimilating it into a firm’s innovation process. The concept of absorptive capacity became a widely researched topic in the area of organization and management, consequently, the definition of the ACAP components, its operationalization and outcomes, is extremely heterogeneous and has greatly affected the research production on ACAP. Therefore, the question arising is: Which approach to absorptive capacity will enable it is being truly recognized as a concept at a global level, and in which areas of economy and business is ACAP most frequently encountered, particularly when it is connected to innovation processes? Based on a sample of 1288 papers within Web of Science Core Collection, this paper presents a bibliometric analysis of relevant publications on ACAP with the specific aim of gaining a deeper insight into the relevance of the impact of absorptive capacity on a firm’s innovation strategy. The results were systematized in a form of quantitative bibliographic review. The purpose of the analysis was to determine the existing level of the empirical and theoretical efforts in the research on ACAP, with a particular focus on firms and their innovation processes as well as knowledge management processes.","PeriodicalId":147045,"journal":{"name":"Journal of corporate governance, insurance and risk management","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133440146","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Institutional distance 机构的距离

Journal of corporate governance, insurance and risk management Pub Date : 2020-06-01 DOI: 10.51410/JCGIRM.7.1.2

Ana Krajnović

引用次数: 3

The compliance of the Romanian listed companies with the principles and provisions of the Corporate Governance Code 罗马尼亚上市公司遵守《公司治理守则》的原则和规定

Journal of corporate governance, insurance and risk management Pub Date : 2020-04-25 DOI: 10.51410/JCGIRM.7.2.4

Oana Bogdan, A. Dumitrescu

{"title":"The compliance of the Romanian listed companies with the principles and provisions of the Corporate Governance Code","authors":"Oana Bogdan, A. Dumitrescu","doi":"10.51410/JCGIRM.7.2.4","DOIUrl":"https://doi.org/10.51410/JCGIRM.7.2.4","url":null,"abstract":"Starting from the research assumption that the Corporate Governance\u0000Code issued by Bucharest Stock Exchange (BSE) aims at building an\u0000internationally attractive capital market in Romania, based on best\u0000practices, transparency and trust that encourages companies to build a\u0000strong relationship with their shareholders and other stakeholders,\u0000communicate effectively and transparently and show openness towards all\u0000potential investors, in this paper we would like to present the degree of\u0000compliance of the companies listed on the Bucharest Stock Exchange with\u0000the principles and provisions of the Corporate Governance Code. The aim\u0000of this paper is achieved by presenting and commenting on the principles\u0000issued by the BSE regarding the corporate governance and by analysing\u0000the Corporate Governance Reports of the companies, presenting at the\u0000same time the compliance of the listed companies with these principles\u0000and provisions, by using the data issued in 2018 by the entities included in\u0000our study, namely the listed companies on the main market of the\u0000Bucharest Stock Exchange. Our analysis reflects that, although the\u0000provisions and principles of the Corporate Governance Code are not\u0000mandatory for the listed companies, they are largely implemented in the\u0000activity of companies because an efficient corporate governance system\u0000can represent a competitive advantage for any economic entity in the\u0000context of globalisation.","PeriodicalId":147045,"journal":{"name":"Journal of corporate governance, insurance and risk management","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115415305","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3