Proceedings of the 15th Economics & Finance Conference, Prague最新文献

{"title":"HIGHER EDUCATION TURNAROUND SUPPORTING DIGITAL TRANSFORMATION","authors":"C. V. D. Vorst","doi":"10.20472/efc.2021.015.009","DOIUrl":"https://doi.org/10.20472/efc.2021.015.009","url":null,"abstract":"Since years the education system was about to change. Specifically, the focus with this paper is on Germany where the schools and most universities are public. Rules are related to the past, skills like deep functional knowledge, topics memorised in detail and repetitive methods have been on top of the educational syllabus. After the trends of globalisation, the introduction of the term 'Industry 4.0' provocative production and automation. All of a sudden industry has been challenged globally with new skills and requirements asking the education system to support with a more profound skills of graduates being 'digital natives' per definition. To change a system takes time, infrastructure and advanced training. (cf. Catalano, 2019, p.25f) What if there is no time for this transformation? In the beginning of 2020 the Pandemic Covid-19 hit the world and all schools and universities been shut for people's safety. It started as a break but after a while people figured even arguing about the quality of online education versus in-person learning did not help. Remote education was the only way to get in contact with students and pure self-learning needed to be enriched by more motivating methods. All of a sudden, all parties had new roles. Some really felt overstrained and had very little experience. To start a mature semester in autumn, and moving from mainly remotely to an at least hybrid format for the rest of the year, teachers extended their knowledge of digital tools and exchanged it. Over the year faculty increased comfort and some approaches seems to remain even if all teaching could be in presence. (cf. Boivin et al., 2021, p.27ff) Not only the education system was challenged during the pandemic in 2020/21, the entire world and business world had to adapt. Comparing only with the new business requirements of production companies, shows that a lot of the skills the students learned in remote sessions will remain in business situations (e.g. video conferencing, online presentations, self-motivated learning). In addition, the speed of change increased and with the penetration of digital transformation everywhere, now is the time to change the main structure of curriculars adding more profound skill sets in human interaction, practical adaptation of skills versus just having knowledge building new characters for life-long learning. (cf. Meilleur, 2018) The questions are remaining;'What is the role of online-education past the pandemic?' 'What could be a new setting in education taking the learnings from the pandemic Covid-19 to map new requirements from the industry and for future jobs?' The paper will not be able to provide one clear answer but will provide a good start of research.","PeriodicalId":387641,"journal":{"name":"Proceedings of the 15th Economics & Finance Conference, Prague","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129685441","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}

{"title":"IS INSIDER TRADING SUCCESSFUL? AN EXTENSIVE ANALYSIS WITH BUYING AND SELLING EVIDENCE","authors":"D. Santos, P. Gama","doi":"10.20472/efc.2021.015.008","DOIUrl":"https://doi.org/10.20472/efc.2021.015.008","url":null,"abstract":": Purpose The goal of the present study is to first, understand the market timing capabilities of a set of internal stakeholders while trading (buying and selling) stock, and second, shed some light on some of the characteristics that make them (or not) successful. Design/methodology/approach We use a relative transaction price approach (RTP) on 842 aggregated trades coming from insiders. These were taken from publicly disclosed information available on the Portuguese regulator. Furthermore, we use a median regression-based method to infer on our conclusions. We find that insiders buy (sell) at a relatively lower (higher) price when compared to other traders. This shows signs of market timing capabilities. Furthermore, from the studied characteristics, neither the frequency nor gender are good predictors for performance, but the seniority in the organization can help us to understand that some insiders, mostly on the managerial level, might have an edge. Overall, we also find that insiders’ trades made OTC generally overperform the ones made on the open market. At last, we find that insiders did not lose any performance during the Portuguese bailout period. By using a thorough analytical approach and a never-used sample of trading data, comprising both buying and selling trades at high-frequency (daily) level, we build on the literature of insider trading as well as on the knowledge around the effects of trading on the open market vs. OTC. We also make yet another contribute towards the literature around the Portuguese bailout effect.","PeriodicalId":387641,"journal":{"name":"Proceedings of the 15th Economics & Finance Conference, Prague","volume":"115 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124830334","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}

{"title":"READINESS OF SAUDI YOUTHS TO ACHIEVE THE GOALS OF VISION 2030.","authors":"M. M. Islam","doi":"10.20472/efc.2021.015.004","DOIUrl":"https://doi.org/10.20472/efc.2021.015.004","url":null,"abstract":": Saudi Arabia is passing a complicated path from a factor-driven economy to an efficiency-driven economy through various programs, policies, and initiatives to pursue sustainable economic growth which is the ambitious aim outlined in its Vision 2030. Utilizing the potential talent and dedication of the young has been considered one of the driving forces in this process. The culture of environmental awareness is one of the essential forces for sustainable growth. Therefore, we conducted a study to examine the existent level of knowledge, awareness, beliefs, and actions that comprise the environmental attitudes of university students in Saudi Arabia. This study is based on surveys conducted to over 200 students at King Abdulaziz University and draws inferences based on using the descriptive analysis. From the preliminary results, it is evident that Saudi Arabian university students have a narrow and limited range of knowledge, attitudes, actions, and skills in the area of sustainability. The findings of this study suggested that the educational institutions should incorporate environmental issues in every level of educational curriculum, the government should deliver some practical programs and arrange short-term training sessions to develop youths’ skills to support sustainable economic growth. At the same time, social, electronic, and print media should disseminate the knowledge of sustainability effectively as they have a strong influence over young students. So that young and potential students would be able to explore the many possible ways in which their own actions can contribute to a sustainable future.","PeriodicalId":387641,"journal":{"name":"Proceedings of the 15th Economics & Finance Conference, Prague","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131804369","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}

{"title":"ABRAHAM LINCOLN AND THE CORWIN AMENDMENT - THE INFAMOUS ‘GHOST VERSION’ OF THE 13TH AMENDMENT","authors":"J. Fodor","doi":"10.20472/efc.2021.015.003","DOIUrl":"https://doi.org/10.20472/efc.2021.015.003","url":null,"abstract":"","PeriodicalId":387641,"journal":{"name":"Proceedings of the 15th Economics & Finance Conference, Prague","volume":"234 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121890145","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}