Results found: 2

Search results

Sort By:

Limit search:

Minimalizacja ryzyka niewypłacalności przedsiębiorstw – propozycja rozwiązania modelowego

100%

Franc-Dąbrowska J., Porada-Rochoń M.

Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia

2017

vol. 51

issue 6

The aim of the paper was to present the ideological model for minimizing the risk of insolvency of enterprises. In order to achieve the objective of the study, the literature on the subject and generalization was analyzed, taking into account the author’s several years of research on insolvency issues in the company. It was found that a holistic approach was necessary to assess the financial health of the companies. Without a comprehensive approach, that takes into account financial data and the so-called soft data related to human functioning as an individual or a team, it will be impossible to effectively prevent insolvency. The approach to the factors affecting the company from the environment or the unit will have a direct impact on whether or not it will be possible to secure the company’s financial security.

Celem artykułu jest zaproponowanie ideowego modelu minimalizacji ryzyka niewypłacalności przedsiębiorstw. Dokonano analizy literatury przedmiotu i uogólnienia z uwzględnieniem kilkuletnich badań autorek na temat problematyki niewypłacalności. Stwierdzono, że niezbędne jest podejście holistyczne do oceny kondycji finansowej przedsiębiorstw. Bez podejścia całościowego – uwzględniającego dane finansowe i tzw. dane miękkie, związane z funkcjonowaniem człowieka jako jednostki czy zespołu – nie będzie możliwe skuteczne przeciwdziałanie niewypłacalności. Sposób podejścia do czynników oddziałujących na przedsiębiorstwo z otoczenia czy z jednostki ma bezpośredni wpływ na to, czy możliwe będzie zapewnienie bezpieczeństwa finansowego przedsiębiorstwa czy też nie.

Cointegration analysis and VECM of FDI, employment, export and GDP in Croatia (2002-2017) with particular reference to the global crisis and poor macroeconomic governance

81%

Škare M., Franc-Dąbrowska J., Cvek D.

Equilibrium. Quarterly Journal of Economics and Economic Policy

2020

vol. 15

issue 4

761-783

Research background: The preconditions for attracting foreign investment are political stability and long-term capital investment, positively influencing the recipient country's development. During the crisis as well as in the unstable political environment, economic agents engage in speculative and risky acts for faster earnings. Purpose of the article: The paper aims to point out the importance of foreign direct investments (FDI) and other macroeconomic variables and their relationship with particular reference to the Croatian economy in 2002-2017. Methods: We use ADF test, development of the VECM model, testing of the stability of the VECM model, decomposition of the variance of the predictive errors of the variables, analysis of responses to unit orthogonal pulses. The vector correction auto-regression model (VECM) explores the long-term relationship between (FDI) and macroeconomic indicators in crisis time. Findings & Value-added: Applying the VECM model, we find that employment, export, and GDP variables are exogenous in the short term. The FDI variable is statistically significant and adjusts for the long-run equilibrium. Analyzing the responses to unit shocks, we conclude there is weak feedback of the observed variables and a weak effect of the observed variables in the Croatian economy. The FDI variable does not affect GDP, employment, and exports in Croatia due to poor macroeconomic management, corruption, regional development, inefficiency, and inefficient foreign direct investment structure.

Refine search results

1 Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia

1 Equilibrium. Quarterly Journal of Economics and Economic Policy

2 Franc-Dąbrowska J.

1 Cvek D.

1 Porada-Rochoń M.

1 Škare M.

1 2020

1 2017

Search results

Minimalizacja ryzyka niewypłacalności przedsiębiorstw – propozycja rozwiązania modelowego

Cointegration analysis and VECM of FDI, employment, export and GDP in Croatia (2002-2017) with particular reference to the global crisis and poor macroeconomic governance