Search results

1

ZWOLNIENIA MONITOROWANE JAKO FORMA WSPARCIA ZWOLNIEŃ GRUPOWYCH

100%

Wiernek B.

Zeszyt Naukowy Wyższej Szkoły Zarządzania i Bankowości w Krakowie

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2013

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issue 27

149-157

PL

Artykuł prezentuje problematykę restrukturyzacji zatrudnienie a szczególnie trudną do realizacji dla firm redukcję zatrudnienia. Jednym ze stosowanych coraz częściej przez firmy rozwiązań w przypadku zwolnień na dużą skalę czyli zwolnień grupowych jest wykorzystanie podejścia określanego jako outplacement (polskim odpowiednikiem są zwolnienia monitorowane).

EN

The article presents the issue of staff restructuring and particularly the issue of redundancies. Outplacement has become one of the most frequent solutions in mass layoffs applied by companies.

2

Opinia prawna w sprawie ustawy o Bankowym Funduszu Gwarancyjnym, systemie gwarantowania depozytów oraz przymusowej restrukturyzacji

100%

Szydło M.

Zeszyty Prawnicze BAS

|

2016

|

issue 1(49)

157-180

EN

The author provides a critical evaluation of the bill, pointing out that, among others, it does not contain a legal definition of the term “equity facility”, which can give raise to numerous interpretative doubts. The author proposes improvement of this definition due to the significant size of that concept and the need to efficiently navigate the text of the act at the time of its existence. He also puts forward changes to avoid a conflict with a European Union rule. The provisions concerning the organization and operation procedure of the Bank Guarantee Fund does not provide the operational and structural independence of each individual function of the Fund, which also is in conflict with European Union law. In the author’s opinion, the bill deserves further legislative consideration.

3

Podstawowe zasady postępowań restrukturyzacyjnych

85%

Kita J.

Opolskie Studia Administracyjno-Prawne

|

2018

|

vol. 16

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issue 2

115-130

PL

The restructuring law in force in Poland for two years is still a young branch of law, mainly based on bankruptcy law, which is referred to by the judiciary and doctrine. However, despite the many similarities that combine somehow the two legal acts, i.e. the restructuring law and the bankruptcy law, one should point to some differences already existing at the foundation of these legal acts, i.e. the principles on which they were based. These principles constituted the basis for legislative work, as well as now constitute the main interpretation of the restructuring law. The main purpose of restructuring proceedings is to preserve the debtor’s enterprise, which, as a consequence, generates a lot of positive effects, in this that it helps to achieve the second of the prime objectives of the proceeding, i.e. to satisfy the debtor’s creditors. Other important measures that are supposed to be a consequence of the application of regulations based on the principles described in this article are also those affecting the awareness and mentality of entrepreneurs, among whom there is still a widespread belief that filing for bankruptcy involves bankruptcy, the inability to recover their debts, which causes frequent lack of willingness to take active actions on the part of creditors. Restricting the restructuring law on the described principles is to provide multiple benefits – ensure the debtor’s further existence, satisfy the creditors and maintain stability in the economic market.

4

Labour as Entrepreneurs. The Ambivalent Role of Labour in Restructuring in the Polish Steel Industry

80%

Trappman V.

Warsaw Forum of Economic Sociology

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2011

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vol. 2

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issue 4

7-28

EN

The paper analyses steel restructuring at one of the major steel companies in Poland. It traces the restructuring history from the 1990s up to recent times, arguing that restructuring was heavily influenced by EU-accession conditionality and by the sector-oriented policy of Polish trade unions. While steel restructuring is often considered a major success story in Poland, this article, basing its argument on the life trajectories of the redundant workers, highlights the downside of a sectoral approach which operates at the expense of regional restructuring.

5

Foreign Direct Investments in the Automotive Industry in Poland

80%

Witczyńska K. B.

Logistics and Transport

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2017

|

vol. 36

113-118

EN

The automotive industry is one of the branches with the highest degree of internationalization of production. The beginnings of the investment activities of automobile concerns, including Western Europe, in the new Member States date back to the early 1960s. The inflow of foreign direct investment to the automotive sector was widespread in the 1990s. The transition to a market economy was accompanied by growing demand for foreign capital with the change in ownership of industrial enterprises. The main form of inflow of FDI to Poland to the automotive sector, since the beginnings of the 90s was the takeover of existing industrial plants by foreign investors for their restructuring and joint ventures.

6

Restructuring through fall - social problems in a small post-industrial city. Example of the Wojkowice Commune

80%

Klimek M.

Praca Socjalna

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2018

|

vol. 33(6)

199-224

EN

The article is part of the research trend in the field of diagnosis of crisis phenomena developed for the needs of the Local Revitalization Program. It presents problems resulting from the restructuring of industry on the exam-ple of the small town of Wojkowice in the Upper Silesian-Zagłębie Metropolis.

7

W sprawie rządowego projektu ustawy o udzielaniu pomocy publicznej w celu ratowania lub restrukturyzacji przedsiębiorców (druk sejmowy nr 300)

80%

Kościelny P.

Przegląd Sejmowy

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2020

|

issue 4(159)

189-195

EN

The legal assessment concerns the Government’s draft bill on granting public aid for rescuing or restructuring entrepreneurs (Sejm Paper No. 300). The proposed provisions indicate the source of financing of public aid for rescuing or restructuring entrepreneurs and establish a new entity granting the aid, as well as specify the conditions, rules and procedure for granting it. The draft provides for granting the following public aid to entrepreneurs: rescue aid (urgent and temporary aid), temporary restructuring support (for a period longer than in the case of rescue aid, as its continuation or as an independent instrument) or restructuring aid (aid for removing the causes of difficulties within a long-term plan). The legal instruments provided for in the project will apply not only during the period of economic disturbances caused by COVID-19, although the project explicitly mentions also this situation.

8

Cost-Effective Restructuring Based on Process Approach

70%

Todorović I., Komazec S., Marič M., Krivokapić J.

Organizacija

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2013

|

vol. 46

|

issue 4

157-163

EN

Different authors agree that designing the organizational structure in accordance with the business processes can bring numerous advantages, which improve business performance of the organizational system. This article aims to show how cost-effective restructuring, through modification of organizational structure according to business processes that exist in the organization, can bring numerous benefits. Successful implementation of process organizational model does not necessarily demand large investments, but only adequate structural changes and internal reorganization. The data used in this paper were gathered during the project of restructuring one transportation company from Belgrade, which consulting team from Faculty of Organizational Sciences, University of Belgrade, performed in year 2012.

9

Banking Sector of the Republic of Serbian in Terms of Transition

70%

Ćurić P., Topić R., Vilendečić B.

ECONOMICS

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2016

|

vol. 4

|

issue 1

45-58

EN

Privatisation of the banking sector is an inseparable part of development strategies used by the countries in transition. The process of transition and building a financial and market-oriented system is a complex and long-term task which, in addition to a variety of legal arrangements, involves also several institutional options, such as the Central Bank of Bosnia and Herzegovina, Banking Agency of the Republic of Srpska and Banja Luka Stock Exchange of Securities. The transition process of the banking sector in the Republic of Srpska was not implemented by rehabilitation of existing domestic banks, but by opening the banking system for the entry of foreign, more efficient banks. The level of trust in the banking sector grew in parallel with the process of bank privatisation and the arrival of foreign banks. Throughout the previous period, all the banks in the Republic of Srpska recorded a significant increase in the amount of deposits and loans placed, which implies the growth of investment and economic activities, therefore indicating the increase of the Republic of Srpska’s GDP in general. These are positive trends that demonstrate a decrease in the current lagging behind the European Union.

10

Socio-economic problems in a mining town during the economy restructuring period on the example of Ruda Śląska, Poland

70%

Mazurek K.

Environmental & Socio-economic Studies

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2013

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vol. 1

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issue 3

45-55

EN

The 90s of the twientieth century carried a restructuring of the industry which involved the adaptation of enterprises to operate in a market economy, the workforce reduction and privatization of industrial facilities. Economic transformation has contributed to the socio-economic changes in industrial and mining towns. It affected the changes in the employment structure, changes in the number of population, migration decisions, the quality of medical care and municipal institutions support. Ruda Śląska is a typical mining town, history of which for nearly 200 years has been a consecutive period associated with the mining and heavy industries. This work is based on statistical data and approximates the effects of restructuring evident in Ruda Śląska. The presented characterization indicates that the situation prevailing in the city refers to the conditions of life in the most traditional mining regions of Central and Eastern Europe. Despite the significant reconstruction in the employment structure, Ruda Śląska retains partly its mining character. Population of the town is trying to cope with the need to adapt to new economic realities, among others, by changing the sector of economy to work in. Employment reductions have contributed to the increase of population migration. In conjunction with the natural loss it resulted in a decrease of the number of population and population aging. The support of the cities and sanitary facilities offered, among others, by social assistance centers and employment has great importance in overcoming the negative effects of the economic transformation.

11

Two Decades of Croatian Transition: A Retrospective Analysis

70%

Stojcic N.

South East European Journal of Economics and Business

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2012

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vol. 7

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issue 2

63-76

EN

Over the past two decades many Central and South East European countries underwent the process of transition from a centrally-planned towards a market economy. Among them, the case of Croatia stands out as particularly interesting. Owing to a number of reasons Croatia had the potential to be among the forerunners of transition. However, in realising this potential the country was constrained by numerous political and social turbulences which made its transition path somewhat unique. The objective of this paper is to explore to what extent the favourable initial conditions of Croatian transition have been exploited over the past two decades. The focus of the analysis is on four dimensions of transition: institutional reforms, macroeconomic performance, changes in economic structure and international trade. The general message yielded by the analysis is that much of Croatia’s initial advantage was lost over the past two decades because of war, the unfavourable political climate in the 1990s, late integration into regional, European and global economic institutions and the slow restructuring of enterprises.

12

Banking union as one of the guarantors of economic security in the EU

70%

Sitek P.

Journal of Modern Science

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2015

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issue 1(24)

411-425

EN

Ending the global crisis and the European crisis pointed to further weaknesses and the areas for changes in the functioning of the European Union law. In the area of macroeconomics, the weakness of fi scal policy could be seen as well as some weaknesses of fi nancial institutions in general. Th e strong infl uence of banks and fi nancial institutions on the whole the EU’s economic environment resulted the increase of the ability to compromise decision to introduce an integrated fi nancial framework. Th is means that BANKING UNION could be created. Th e purpose of this analysis is to raise the questions and then the attempt to fi nd the answer in the following areas: – Why does Europe need the banking union? – What are the advantages and risks of the banking union? – To what extent the solution proposed by banking union, in practice, will improve the fi nancial security of the EU? Th e nation security in the terms of economic, legal, political, etc. is a state of permanent work for the correction and improvement of many institutions. Th e European Union, as an entity even more complex than particular countries – consisting of 27 states, is faced with the challenge of making even greater levels of diffi culty. It should be recognized that one of the most important areas that need to be reformed in the EU is to implement an integrated fi nancial framework, which means the implementation of the banking union.

13

Claims secured by a registered pledge in sanation proceedings

70%

Adamus R.

Acta Iuris Stetinensis

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2019

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issue 28

9-22

EN

This study concerns the legal situation of a receivable secured by a registered pledge in a debtor’s sanation (restructuring) proceedings. The registered pledgee has a special position in the course of such proceedings. The study discusses the rules of subjecting the receivable secured by the arrangement, the rules of preparing and contesting the list of receivables, and finally the rules of satisfying the pledgee.

14

Employment Relations and Restructuring Management in the Banking Sector in Luxembourg

70%

Kirov V., Thill P.

Warsaw Forum of Economic Sociology

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2015

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vol. 6

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issue 11

75-100

EN

This article discusses how restructuring during the crisis has affected employment relations in the banking sector in Luxembourg. The crisis has reinforced the impact of a series of exogenous factors influencing Luxembourg's banking sector and its continental employment relations system. These include the automatic exchange of information, rapidly-evolving European and international regulation and the resulting stronger compliance of banks, the mobilisation of external expertise by social partners, as well as stronger skills and professional requirements. It is argued that although these factors challenge the consensus-based and neo-corporatist employment relations framework, coordinated decentralization with strong government involvement in tripartite bargaining arenas has meant that the functioning of the employment relations system has been maintained. Collective bargaining has contributed to a socially-responsible restructuring in the banking sector through the anticipation and management by consenting to legally-based labour agreements and certified training for dismissed employees, as well as impact management through implementing transition support instruments.

15

Bezpośrednie inwestycje zagraniczne w Estonii

70%

Sobańska M. A.

Gospodarka Narodowa. The Polish Journal of Economics

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2007

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vol. 218

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issue 9

55-77

EN

The author looks at foreign direct investment in Estonia and discusses its implications for the country’s economy. The analysis covers the 1994-2004 period and is based on a combination of analytical and descriptive methods. To obtain a more complete picture of foreign capital involvement in Estonia, which was once part of the Soviet Union, the author discusses factors that influence the country’s investment attractiveness. She concludes that Estonia’s market transformation has contributed to a major acceleration in the inflow of FDI to this country. FDI in Estonia has been characterized by a strong concentration, both in terms of the investors’ country of origin and the sectors in which they become involved, Sobańska notes. Scandinavian companies, primarily those from Sweden as well as Finland, have dominated among foreign direct investors in Estonia, while the role of investors from Central and Eastern Europe in Estonia’s overall FDI performance has been marginal. Since 1998 the financial sector has been the main focus of foreign direct investment in Estonia. Foreign investors have also contributed to the restructuring of the country’s corporate sector. The inflow of foreign capital has enabled Estonia to join the international trade system. However, despite the generally positive role of FDI in the country’s development, the strong concentration of foreign capital leads to worries about the permanence of Estonia’s economic achievements. A potential economic crisis in Scandinavia could easily lead to a situation in which FDI would bring negative market trends to Estonia’s fledgling economy.

16

Public aid as part of the restructuring procedure: Private Creditor Test exemplified by limited liability company under restructuring

61%

PIĄTEK E., KONAT-STANIEK M.

Economic and Environmental Studies

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2018

|

vol. 18

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issue 2

795-807

EN

When the new Restructuring Law entered into force on 1 January 2016, it opened a lot of possibilities for entrepreneurs to use aid for the purpose of keeping a company on the market. As part of the procedure, it is necessary to determine whether the granted aid does not constitute incompatible public aid that disrupts free market rules. The answer to this issue is provided by the private creditor test and the private investor test. The objective of the article is to present the developed method of a private creditor test for the restructuring of a company in which one of the authors participated as an auditor. The article presents the method which allows verification of justifiability of participation of a public creditor in the process of debtor restructuring. The method was developed on the basis of hitherto studies and practical experience of the authors. The Wilcox method was used in one of the test stages to assess property. The prepared method has been successfully applied in other cases of company restructuring, and the case presented in this article is used to explain the principles of operation.

PL

Wejście w życie z dniem 1 stycznia 2016 roku nowej ustawy Prawo Restrukturyzacyjne dało wiele możliwości przedsiębiorcom do skorzystania z pomocy w celu utrzymania przedsiębiorstwa na rynku. W ramach tego postępowania konieczne jest ustalenie czy udzielona pomoc nie stanowi niedozwolonej pomocy publicznej zakłócającej reguły wolnego rynku. Odpowiedź na to daje przeprowadzenie testu prywatnego wierzyciela, testu prywatnego inwestora.

17

Przyczyny i symptomy kryzysu w procesie restrukturyzacji polskich przedsiębiorstw górniczych

61%

Jonek- Kowalska I.

Ekonomika i Organizacja Przedsiębiorstwa

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2016

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issue 1 (792)

51-66

PL

Celem artykułu jest identyfikacja i analiza symptomów i przyczyn kryzysu w polskich przedsiębiorstwach górniczych oraz wskazanie możliwości przezwyciężenia tego kryzysu. Badaniami objęto dwa największe przedsiębiorstwa górnicze funkcjonujące w Górnośląskim Zagłębiu Węglowym. Główną endogeniczną przyczyną kryzysu w badanych przedsiębiorstwach jest wzrost kosztów produkcji oraz mało radykalny charakter prowadzonej restrukturyzacji. Za nieskuteczność działań restrukturyzacyjnych odpowiedzialność ponoszą także związki zawodowe, nie rozumiejące potrzeby zmian i ignorujące wzrost ryzyka branżowego. Wśród egzogenicznych przyczyn fiaska restrukturyzacji należy wskazać: wysoką zmienności cen węgla kamiennego, postępującą dekarbonizację oraz konkurencję ze strony węgla z importu. Szansą na przetrwanie jest radykalna restrukturyzacja zatrudnienia i likwidacja kopalń trwale nieefektywnych. Badane przedsiębiorstwa powinny także poszukiwać metod wzmocnienia konkurencyjności cenowej i jakościowej.

EN

This article aims to identify and analyse the symptoms and causes of the crisis in the Polish mining enterprises and to define the possibilities of overcoming this crisis. The study includes two of the largest Polish mining enterprises. The main endogenous cause of the crisis in the analysed enterprises is an increase in production costs and not enough radical nature of the restructuring. The trade unions are also responsible for the ineffectiveness of the restructuring activities, because they have not understood the need of changes and have ignored the increasing sector risk. The high volatility of coal prices, the progressive decarbonisation and competition from imported coal should be also pointed out among the exogenous causes of the restructuring fiasco. The only chance of survival for examined enterprises is a radical employment restructuring and liquidation of inefficient mines. The enterprises should also seek ways to strengthen their price and quality competitiveness.

18

The Impact of FDI on Bilateral Exports: The Case of Automotive Industry in the Visegrad Countries

61%

Gyódi K.

Ekonomia. Rynek, Gospodarka, Społeczeństwo

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2014

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issue 37

57-76

EN

This analysis presents the effect of foreign direct investments in the automotive industry on the automotive exports of the Visegrad countries. The econometric analysis is based on the gravity model of trade. The author uses panel data to estimate variables that impact the automotive export. The data consists of the bilateral flows of trade and investments between the Visegrad countries and the other members of the OECD. The empirical analysis shows a positive correlation between the value of the FDI stock in the car industry and the automotive exports to the country of origin of investment. The results of the analysis prove that the Visegrad countries export a significant part of their automotive production to the home countries of the investing MNCs.

19

Analiza zmian w poziomie zatrudnienia w hutnictwie w długim okresie

61%

Gajdzik B.

Organizacja i Zarządzanie : kwartalnik naukowy

|

2015

|

vol. nr 2

49--64

PL

Treści zawarte w artykule dotyczą restrukturyzacji kadrowej hutnictwa. Zmiany w poziomie zatrudnienia przedstawiono w długim okresie. Przez długi okres należy rozumieć co najmniej 10 lat. Zastosowano odniesienie komparatywne wielkości zatrudnienia w hutnictwie przed i po transformacji systemu gospodarczego. Przeprowadzona analiza pozwoliła na wyodrębnienie etapów zmian w procesie redukcji kadry hutniczej. Poza radykalną redukcją zatrudnienia, w publikacji przedstawiono zmiany w strukturze kadry, wskazując na dalsze kierunki w polityce personalnej przedsiębiorstw hutniczych.

EN

The article presents changes in employment level in Polish steel industry. Analysis of the changes are realized in long time (10 years and more). In the article are used comparability of the changes before and after economy transformation. On the based of analysis the key periods were established. More over the structure of metallurgical staff was characterized. On the base of the analysis the key changes in personnel strategy were presented.

20

Economic and legal aspects of personal bankruptcy

61%

PIĄTEK E.

Economic and Environmental Studies

|

2019

|

vol. 19

|

issue 3 (51)

265-278

PL

Przemiany polityczne, społeczne i gospodarcze, jakie nastąpiły w Polsce po 1989 r. przyniosły za sobą zasadnicze zmiany w zachowaniach ekonomicznych tzw. konsumentów, czyli osób fizycznych nieprowadzących działalności gospodarczej. Przed 1989 r. w warunkach gospodarki socjalistycznej nie funkcjonowała instytucja upadłości konsumenckiej, mimo że występowały niewypłacalne osoby fizyczne tj. niezdolne do regulowania swoich wymagalnych zobowiązań pieniężnych. Niewielka dostępność dóbr materialnych, powszechność zatrudnienia, bardzo ograniczona możliwość zadłużania się w drodze pożyczek i kredytów powodowały, że niewypłacalność nie miała istotnego znaczenia ekonomicznego w życiu polskiego społeczeństwa.

EN

When a new act on bankruptcy law entered into force on 1 January 2016, it introduced changes in the scope of personal bankruptcy. The article points to the economic aspects of legal solutions provided for in the new regulation for indebted natural persons, significant on a micro and macro scale. At the same time, it points to the problems in the personal bankruptcy procedure, which had existed before the amended Act entered into force, and the problems encountered by debtors and courts in connection with these amendments. The article is based on the author's experience in preparing applications for filling for personal bankruptcy and interviews with the judges employed in the bankruptcy and restructuring section of District Courts. The results of the observations and conducted interviews were compared to practical cases which are the subject of bankruptcy applications studied as part of the research project.

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ZWOLNIENIA MONITOROWANE JAKO FORMA WSPARCIA ZWOLNIEŃ GRUPOWYCH

Opinia prawna w sprawie ustawy o Bankowym Funduszu Gwarancyjnym, systemie gwarantowania depozytów oraz przymusowej restrukturyzacji

Podstawowe zasady postępowań restrukturyzacyjnych

Labour as Entrepreneurs. The Ambivalent Role of Labour in Restructuring in the Polish Steel Industry