Intellectual Economics最新文献_第2页

Hyperinflation and Its Impact on the Financial Results 恶性通货膨胀及其对财务业绩的影响

Intellectual Economics Pub Date : 2020-01-01 DOI: 10.13165/IE-20-14-2-01

Oday Tamimi, Ildikó Orbán

引用次数: 1

Emerging Issues of Unfair Competition in Indonesia's E-Commerce Market 印尼电子商务市场不公平竞争的新问题

Intellectual Economics Pub Date : 2020-01-01 DOI: 10.13165/IE-20-14-2-03

S. Sukarmi, Airin Liemanto

{"title":"Emerging Issues of Unfair Competition in Indonesia's E-Commerce Market","authors":"S. Sukarmi, Airin Liemanto","doi":"10.13165/IE-20-14-2-03","DOIUrl":"https://doi.org/10.13165/IE-20-14-2-03","url":null,"abstract":"E-commerce already covers the entire spectrum of commercial activities. Transacting electronically still causes debate in the legal and non-legal fields. From a com- petition perspective, e-commerce on the one hand provides an opportunity to compete, but on the other hand there is also anti-competitive potential. For this reason, the purpose of this paper is to examine the potential for unfair business competition in e-commerce. The problems to be studied are: What competition issues exist in e-commerce and what problems are faced by the competition agency regarding the issue of competition in e-com- merce. Based on the results of the discussion and analysis, it is concluded that: the issue of competition in e-commerce consists of infrastructure issues and transaction issues. In the issue of infrastructure, the perspective of business competition will arise problems of interconnection agreements between providers that lead to vertical integration, which of course will reduce the benefits of competition in internet access. On the issue of e-commerce transactions, in addition to providing convenience in transactions and efficiency in busi- ness transactions from the perspective of business competition, it will provide potential difficulties in determining market relevance, price dispersion, and price discrimination as well as the possibility of dominant position power and even monopoly in interconnection and the existence of potential price cartel.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66262239","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

Bank Competition, Concentration and Credit Risk 银行竞争、集中度与信用风险

Intellectual Economics Pub Date : 2020-01-01 DOI: 10.13165/IE-20-14-2-02

Ibrahim Yagli

{"title":"Bank Competition, Concentration and Credit Risk","authors":"Ibrahim Yagli","doi":"10.13165/IE-20-14-2-02","DOIUrl":"https://doi.org/10.13165/IE-20-14-2-02","url":null,"abstract":"The purpose of this study is to investigate the nexus between the banking sector structure and credit risk. Unlike many other studies that address internal and external factors affecting credit risk, the study addresses banking competition, as the banking sector structure has an impact on banks’ loan portfolios. It also employs macro-level data which provides important implications for regulatory authorities. The study utilizes a fixed-effects model to explore the impact of banking competition on credit risk using a panel dataset comprising 52 countries during the period of 1998-2016. In the study, non-performing loans to total gross loans ratio (NPL) is employed as a proxy of credit risk. Lerner index, Boone indicator, and five-bank asset concentration are used for the measurement of banking competition. The empirical findings show that competition and concentration have different impacts on credit risk. Consistent with the relationship lending literature, increased market power alleviates credit risk. On the other hand, concentration does not have a significant impact on credit risk. In particular, banking competition has a more significant impact on credit risk in countries with high non-performing loan volatility. Given higher market power causes less credit problems, policy makers, especially those who officiate in developing economies, should reassess the pro-competition policies. In addition, increasing income and higher foreign ownership diminish credit risk, whereas higher unemployment and a larger amount of credit trigger credit risk. Therefore, bank managers should follow up macroeconomic factors in their lending decisions. Lastly, it should be kept in mind that these results are obtained from cross-country data and the banking regulations in a specific country may affect the relationship between banking competition and credit risk.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66262232","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

Post-Implementation Review of Investments in Dairy Companies in Ukraine 对乌克兰乳制品公司投资的实施后审查

Intellectual Economics Pub Date : 2020-01-01 DOI: 10.13165/IE-20-14-2-08

O. Grishnova, Adrian Kozlovskyy

{"title":"Post-Implementation Review of Investments in Dairy Companies in Ukraine","authors":"O. Grishnova, Adrian Kozlovskyy","doi":"10.13165/IE-20-14-2-08","DOIUrl":"https://doi.org/10.13165/IE-20-14-2-08","url":null,"abstract":"The purpose of the paper is to reflect the peculiarities of post-implementation review of investment strategy and investment projects in dairy companies in Ukraine. Methodology . A survey regarding current usage of strategic instruments and investment controlling among top-management of dairy industry companies in Ukraine had been conducted. Strategic plan construction tools and processes among dairy companies in Ukraine had been investigated. Results . The article contains the investigation on value-adding of strategic planning tools and particularly investment strategy build-up in order to achieve financial and social goals of the company. General review shows that dairy companies in Ukraine do not sufficiently use such tools, which has negative long-term consequences. Three directions of post-implementation review had been identified: separate investment projects post-implementation review, strategy (and particularly – investment strategy) post-implementation review and strategic planning process and tools post-implementation review. The last mentioned is vital for FMCG companies’ usage in developing countries due to internal and external vulnerability factors. Other two types of post-implementation review have to be conducted in order to assure value-adding from strategic planning process and investment projects implementation. Practical value . Companies, particularly on topand middle-management level, may use proposed procedures of post-implementation review in order to build-up or optimize processes related to strategic planning and investment implementation. Originality . Tools of post-implementation review regarding investment projects, investment and overall business strategy had been structured and worked out.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66262352","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

Does Diversity Drive Non-Financial Reporting: Evidence from the Baltic States 多元化是否推动非财务报告:来自波罗的海国家的证据

Intellectual Economics Pub Date : 2020-01-01 DOI: 10.13165/IE-20-14-2-04

Ilze Zumente, Nataļja Lāce

{"title":"Does Diversity Drive Non-Financial Reporting: Evidence from the Baltic States","authors":"Ilze Zumente, Nataļja Lāce","doi":"10.13165/IE-20-14-2-04","DOIUrl":"https://doi.org/10.13165/IE-20-14-2-04","url":null,"abstract":"More and more companies worldwide choose to perform environmental, social, and governance (ESG) disclosures to improve their financial and reputational performance. Several recent studies suggest that board diversity can have a material role in explaining the ESG disclosure differences. This article aims to evaluate the relationship between board diversity and the ESG disclosures for companies listed on the NASDAQ OMX Baltic Stock exchange. First, the board diversity metrics of the public companies in Lithuania, Latvia, and Estonia are derived and compared to a sample of listed companies in other European countries to provide a relative comparison of the current degree of board diversity. Next, by performing content analysis of the non-financial reports and statistical analysis of the retrieved data, ESG disclosure scores are obtained. Finally, a correlation and independent t-test analysis is performed to evaluate the board diversity’s influence on the ESG disclosure scores. The results show that companies with larger boards and companies having female representatives on their supervisory boards have on average higher non-financial disclosures scores. No statistically significant results are found for gender diversity on the management boards. The results shed a light on the current stance of the board diversity of the listed Baltic companies as well as contribute to the growing academic literature trying to derive the sustainability drivers in the corporate set-up.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66262273","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: 5

Ict And Economic Growth: Links And Possibilities Of Engaging Ict与经济增长：参与的联系和可能性

Intellectual Economics Pub Date : 2019-07-08 DOI: 10.13165/IE-19-13-1-07

Y. Bilan, H. Mishchuk, N. Samoliuk, O. Grishnova

引用次数: 45

Implications Of Education Within Csr At The Example Of Polish And Croatian Students At Universities Of Economics Csr内部教育的启示——以经济大学的波兰和克罗地亚学生为例

Intellectual Economics Pub Date : 2019-07-08 DOI: 10.13165/IE-19-13-1-06

G. Wolska, I. Bąk, I. V. Raguž, Maciej Oesterreich

引用次数: 1

Research of the environmental development for implementation of European projects by the Bulgarian municipalities 为保加利亚各市实施欧洲项目而进行的环境发展研究

Intellectual Economics Pub Date : 2019-07-05 DOI: 10.13165/IE-19-13-1-05

K. Anguelov, Miglena Angelova

引用次数: 1

THE METHODOLOGY FOR CALCULATING BASELINE INDICATORS FOR BUDGETING EXPENDITURES OF BUDGETARY INSTITUTIONS: THE CASE OF UKRAINE 预算机构预算支出基准指标的计算方法&以乌克兰为例

Intellectual Economics Pub Date : 2019-07-05 DOI: 10.13165/IE-19-13-1-04

N. Khorunzhak, N. Semenyshena, O. Adamyk, I. Sadovska, Kateryna Nahirska, V. Zhuk

{"title":"THE METHODOLOGY FOR CALCULATING BASELINE INDICATORS FOR BUDGETING EXPENDITURES OF BUDGETARY INSTITUTIONS: THE CASE OF UKRAINE","authors":"N. Khorunzhak, N. Semenyshena, O. Adamyk, I. Sadovska, Kateryna Nahirska, V. Zhuk","doi":"10.13165/IE-19-13-1-04","DOIUrl":"https://doi.org/10.13165/IE-19-13-1-04","url":null,"abstract":"В статье представлены теоретические основы оптимизации бюджетных расходов в сфере образовательных услуг и здравоохранения. Исследование известных методов расчетов для оценки состояния населения и среднегодовой численности студентов. Предложено усовершенствовать методологию расчета базовых показателей на основе обобщенных недостатков известных подходов к оценке на основе взвешенных и экспоненциально-средних показателей для ее планирования в бюджетном учреждении, что позволяет снизить риски в финансовом отношении в отношении предоставления услуг бюджетным сферам, а также для достижения экономии бюджетных средств , Использование рекомендуемых подходов к расчетам исходных расчетов при составлении оценок в обязательном порядке не требует дополнительных учетных процедур и документации, однако с точки зрения организационной точки зрения требуется строгое выполнение и выполнение ряда подготовительных работ. Расчет рекомендуемых показателей приведен на примере статистических данных 2017 года.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42096170","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: 4

Changes in the occupational structure of the labour market in Poland in 1995-2016 1995-2016年波兰劳动力市场职业结构的变化

Intellectual Economics Pub Date : 2019-07-04 DOI: 10.13165//IE-19-13-1-03

A. Balcerzak, Artur Gajdos

{"title":"Changes in the occupational structure of the labour market in Poland in 1995-2016","authors":"A. Balcerzak, Artur Gajdos","doi":"10.13165//IE-19-13-1-03","DOIUrl":"https://doi.org/10.13165//IE-19-13-1-03","url":null,"abstract":"Within last few years Polish labour market has undergone significant structural changes, where the main labour markets policy challenges moved from the problem of fighting unemployment to the problem of labour market shortages and the issue of increasing allocation effectiveness of labour force. This situation creates the need for building new and updating the existing quantitative diagnostic tools that can be useful for providing labour market policy guidelines. As a result, the main objective of the article is to conduct re-specification of the occupational model for major occupational groups with a high adjustment to empirical data and good statistical properties, which could be applied for forecasting purposes. To fulfil the aim of the article the causal model econometric model for major occupational groups in Poland in the years 1995-2016 was re-specified. From the forecasting perspective the obtained model is currently the most updated tool with respect to the occupational structure in Polish labour market, which in the same time is characterised with sufficient statistical quality. From the economic perspective the research confirms the process of modernisation of Polish economy and the structural changes that are conducive to the tendencies observed in the EU-27 countries.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47944953","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