Search results - CEJSH

1

Corporate Financing Strategies: Cross‑ ‑industry and Cross‑size Analysis of the EU Countries

100%

Koralun‑Bereźnicka, Julia

Journal of Management and Financial Sciences

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2014

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vol. 17(3)

107-128

EN

Corporate finance literature is rich in both theoretical discussion and empirical research concerning financing and the capital structure determinants. However, despite many studies conducted in this field, the impact of certain capital structure determinants is still unclear and the empirical evidence remains inconclusive. This article provides insights into the financing strategies in the European Union perspective from the point of view of two key factors affecting capital structure. One of them is an external factor, namely the industry where a company operates, whereas the other one is an internal factor, i.e. the firm size. The theoretical part of the paper contains a literature review reflecting the impact of the selected factors on capital structure. The empirical analysis covers corporate financing strategies characterised by 7 financial ratios in 3 size groups of firms across 13 industries in 9 EU countries during the period 2000–2010. The objects treated as countries, industries and industries in countries are categorised into three strategic groups (aggressive, neutral and conservative) according to the linear ranking method based on the aggregated taxonomic measure.

2

Distinctive determinants of financial indebtedness: evidence from Slovak and Czech enterprises

100%

Valaskova K., Kliestik T., Gajdosikova D.

Equilibrium. Quarterly Journal of Economics and Economic Policy

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2021

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vol. 16

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issue 3

639-659

EN

Research background: Indebtedness indicators are used to monitor the structure of corporate financial resources. The company's share of its own and foreign resources affects the financial stability of the company. A high share of own re-sources makes the company stable, and independent. With a low share, on the contrary, the company is unstable, market fluctuations and credit uncertainty can have serious consequences. However, foreign capital is cheaper, and too high indebtedness ratios can jeopardize the existence of enterprises. Purpose of the article: In general, the economic recession worsens the capital structure of enterprises, especially their debt management. Thus, the paper aims to apply the set of 13 indebtedness ratios to a sample of 779 Slovak and Czech enterprises from the construction sector to determine key microeconomic determinants that may influence the level of indebtedness. Methods: A non-parametric one-way analysis of variance ? the Kruskal-Wallis test ? was used to determine whether the set of indebtedness ratios is the same across countries, districts, and sizes. For analyzing the specific sample pair of stochastic dominance, the pairwise comparison was realized using the Dunn'stest with Bonferonni correction. The Mann-Whitney test was used to compare the differences in the set of indebtedness ratios between two independent groups of enterprises, based on their legal form and country. Findings & value added: The level of total indebtedness ratio and the self-financing ratio depends on the region as well as on the size of the enterprise and the legal form. In the case of credit indebtedness and debt-to-cash-flow indebted-ness, their dependence on the size of the enterprise and the legal form is obvious. The importance of the region and the legal form of enterprises, vice versa, affect the level of the financial independence ratio. These outputs are relevant for au-thorities, policy makers, or financial institutions to identify financial constraints that construction enterprises face and, as a result, make a long-term contribution to theory in this field.

3

A study of corporate performance factors

100%

Bartłomiejczyk M.

Journal of Management and Financial Sciences

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2014

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vol. 17(3)

79-106

EN

The aim of this article is to find out what factors influence the performance of the company. There have already been a vast numbers of studies conducted about the success factors that are common to companies performing better than others under various criteria, such as revenue, profit or value growth. This article researches these findings and summarizes what they have in common. The main goal of it is to prove that there are common factors that contribute to the performance of the companies. The result of this research is a model of a company’s performance factors. Most of the findings of the authors that have researched the area of a firm’s performance suggest that the three factors that influence company performance the most are core values, agility and people.

4

Skuteczność międzykulturowa i jej wyznaczniki

100%

Dymek-Maciejewska M.

Zeszyty Naukowe Uczelni Warszawskiej im. Marii Skłodowskiej-Curie

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2014

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issue 1(43)

83-92

PL

Zdaniem autorki, są czynniki, które podwyższają skuteczność międzykulturową, jak i takie, które ją obniżają. Do pierwszych zaliczamy umiejętności społeczne, drugą grupę stanowią czynniki osobowe.

EN

According to the author are the factors that increase efficiency, as well as those that reduce it. For the first include social skills, the second group are the personal factors.

5

Factors determining the profitability of enterprises - influence assessment

100%

PARKITNA A., SADOWSKA B.

Operations Research and Decisions

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2011

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vol. 21

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issue 2

45-63

EN

The purpose of the paper is to demonstrate existence and intensity of correlation between determining factors and a state of profitability of Polish enterprises. The scope of the paper includes identifying the factors that determine enterprises profitability, creating an econometric model and conducting analysis of influence of determining factors and their intensity have on profitability of studied population of enterprises in Poland.

6

Determinants of Foreign Direct Investment Inflows in Central and Eastern European Countries

100%

Stawicka M. K.

Oeconomia Copernicana

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2014

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vol. 5

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issue 2

7-20

EN

: In the paper the author tries to analyse the value of foreign direct investments inflow into certain Central and Eastern Europe countries and to assess determinants which cause these countries to attract large value of the foreign direct investments. Twenty countries of the aforementioned region were analysed. Ten of them belong to the European Union including three belonging to the Euro-zone. Additionally, the paper contains presentation of the most significant determinants of the foreign direct investments based on investors’ motives. In order to achieve the aforementioned goal, the author reviewed the literature on the subject paying special attention to the issues in question, and she presented the results of the survey focused on the FDI determinants in the economies which are the subject of this paper. The paper also contains results of two surveys conducted by the author in 2006 and 2012 regarding motives of the entrepreneurs who make foreign direct investments in the territory of the EU countries. Review of the theory, analysis of general empirical observations and own surveys of the author prove that the size of a market, the possibility to maximize profits and discounts and privileges for investors are the most substantial internal and external factors which encourage entrepreneurs to invest on foreign markets. Moreover, membership in the European Union and/or the Eurozone, as well as the warranty of macroeconomic stability of a country also pose a substantial advantage when an investor chooses the location for an investment.

7

Correlates of Physical Activity Older Adults Attending to Senior Citizens’ Clubs

100%

Sas-Nowosielski K., Szopa-Wiśnios S.

The New Educational Review

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2022

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vol. 67

80-90

EN

Assessing the correlates of older adults’ leisure-time physical activity (PA) is essential to effectively promote these populations’ active lifestyles. Few studies have been published about PA correlates of older adults in Poland. The aim of this study was thus to identify correlates of self-reported PA of older adults. Participants were 577 members of senior citizen clubs aged 70.72±8.04 years. Questionnaires were used to collect data of PA, psychological, perceived social and environmental variables related to PA. Results of regression analyses with four levels of PA as dependent variables and psychosocial factors as independent variables showed that all models were significant, explaining the variance from 8% (walking) to 20% (VPA). Age and accessibility of fitness facilities were significant predictors in the final regression equation used to explain all levels of PA except walking. Time spent on TV predicted walking, LPA and MPA.

8

Student Evaluation Apprehension: An Interdisciplinary Review of Determinants and Ramifications

100%

Jahedizadeh S., Ghonsooly B., Fatemi A. H.

Polish Psychological Bulletin

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2019

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vol. 50

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issue 3

226-236

EN

Evaluation apprehension is the anxiety arising from a concern that one’s knowledge or expertise may be evaluated unfavorably by an audience. In this regard, the educational field comprising students’ discussions, lectures, presentations, and interactions is not an exception. Plethora of studies on student apprehension demonstrated that the construct is under the influence of different factors and can create various consequences. The aim of the present review is to complement and encapsulate previous research on student apprehension by providing an updated review on the concept in different disciplines. Data from 30 studies published in Elsevier, Springer, Taylor & Francis, and System were coded based on a coding scheme. The studies were broadly classified into four categories in the realm of education in terms of students’ disciplines; namely, Second/Foreign Language Learning (9 studies), Accounting and Finance (4 studies), Medicine, Nursing, and Pharmacy (6 studies), and miscellaneous disciplines (11 studies). The focus of this review pivoted around antecedents and consequences of student apprehension in each field. The analysis demonstrated the multidimensional nature of the construct caused by a host of variables and resulting in a multitude of ramifications. Based on these findings, some implications and strategies for mitigating student evaluation apprehension are presented.

9

Determinants of Choice of Climate Change Adaptation Strategies among Rural Farming Households in Lokoja Local Government Area, Kogi State, Nigeria

100%

Opaluwa H. I., OPeyemi G., Eleojo M. J.

Journal of Agribusiness and Rural Development

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2020

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vol. 57

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issue 3

299-308

EN

The study examined factors influencing the choice of climate change adaptation strategies among rural farming households in Lokoja Local Government Area, Kogi State, Nigeria. A total of 115 rural farmers constitute the sample size for this study. Descriptive and relevant inferential statistics such as multivariate probit model were used. The perceived effects of climate change in the study area were erosion/flooding, increase in rainfall, scarce of resources, increase in temperature, and increase in pest and disease infestation. The major adaptation strategies adopted by the farmers in the study area were change in planting date (72.17%), change in harvesting date (67.83%), construction of drainage around homes/farms (67.83%), income diversification (64.35%), and planting cover crops (58.26%). The result of the factors influencing choice of adaptation showed that gender, age, years of farming experience, access to credit, and training on climate change were the factors that influenced the choice of adaptation strategies in the study area. The major constraints to adoption of adaptation strategies in the study area were identified. The study concluded that selected socio-economic characteristics influenced the choice of rural farmers` adaptation strategies utilized in the study area. Government policies should be sensitive to support of trainings on climate change, education, credit access, farm size and household size

10

Determinants of the Risk Attitude of Indigenous Chicken Farmers and the Effect of Risk Attitude on Indigenous Chicken Productivity in Kenya

100%

Mose P. B., Wasike C. B., Kipsat M. J.

Journal of Agribusiness and Rural Development

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2023

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vol. 69

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issue 3

323-332

EN

Indigenous Chicken (IC) keeping in Kenya is predominantly based on an extensive system that is characterized by high mortality rates, resulting mainly from disease outbreaks and predation. Information on farmers’ risk attitudes is scarce despite the risks inherent in IC production systems. Similarly, it is unclear how socioeconomic factors influence IC farmers’ risk attitudes and how their risk attitudes influence IC productivity. As a result, an understanding of the determinants of farmers’ risk attitude and the effects of risk attitude on IC productivity are critical. Primary data were collected using a structured questionnaire. Multi-stage sampling procedure was used to sample 240 IC farmers from an accessible population of 598 chicken farmers in Nyanza region. Ordinary least squares regression analysis was carried out to determine the influence of the socio-economic variables on the risk attitudes of the IC farmers, and a two-stage least squares regression analysis was used to determine the effect of risk attitude on IC productivity. Total land size, family size, occupation of the farmer, and total household expenditure had a positive and significant influence on the risk aversion behavior of the farmers. Farming experience, number of chickens, and cost of depreciation had a negative impact on risk aversion. The risk aversion coefficient had a negative and significant relationship with chicken productivity. Farmers’ risk attitude and socioeconomic characteristics should be considered part of the guide to formulating and implementing policy on risk management.

11

Determinants Influencing the Socially‑Vulnerable Population of Ukraine During the Russo-Ukrainian War

100%

Bochko O., Bachynska M., Hrynkevych S., Ryndzak O.

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2023

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vol. 92

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issue 2

23-34

EN

The article studies determinants influencing the socially-vulnerable population of Ukraine in the period of the Russo-Ukrainian War. The research encompasses three directions: first, the study of the current number of socially vulnerable groups of the population within the boundaries of the Carpathian area; second, the study and analysis of the determinants influencing the number of socially-vulnerable groups of the population; third, the investigation of the degree of the determinants’ impact on the number of the socially-vulnerable population within the Carpathian area. The authors of the work have shaped five groups of determinants influencing socially-vulnerable population, namely national, administrative, economic, demographic, and social ones. The research confirms that before the war started in Ukraine, the number of socially-vulnerable population had been reducing both in the country and within the Carpathian area. In particular, in 2001–2021, the number of vulnerable groups of the population reduced by 23% in Ukraine, in the Chernivtsi region – by 24.5%, in the Ivano-Frankivsk region – by 10%, in the Transcarpathian region – by 8.6%, and in the Lviv region – by 6.1%. The situation has changed since the war started. Based on the conducted calculations, it is determined that the greatest impact on the socially-vulnerable population is created by the national and economic determinants, whilst the smallest one – by the demographic determinants, whereas the last ones depend on the geographic position of the region. It is also confirmed by calculations of the radar of determinants influencing socially-vulnerable population. During the Russo-Ukrainian War, the greatest impact of the determinants on socially-vulnerable population is marked in the Lviv region.

12

BAYESIAN APPROACH TO THE PROCESS OF IDENTIFICATION OF THE DETERMINANTS OF INNOVATIVENESS

100%

Czyżewska M., Mroczek T.

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2014

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vol. 10

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issue 2

44-56

EN

Bayesian belief networks are applied in determining the most important factors of the innovativeness level of national economies. The paper is divided into two parts. The first presentsthe basic theory of Bayesian networks whereas in the second, the belief networks have been generated by an inhouse developed computer system called BeliefSEEKER which was implemented to generate the determinants influencing the innovativeness level of national economies.Qualitative analysis of the generated belief networks provided a way to define a set of the most important dimensions influencing the innovativeness level of economies and then the indicators that form these dimensions. It has been proven that Bayesian networks are very effective methods for multidimensional analysis and forming conclusions and recommendations regarding the strength of each innovative determinant influencing the overall performance of a country’s economy.

13

Ekonomiczno-społeczne uwarunkowania popytu na dobra i usługi kultury oraz ich konsumpcji

88%

Malinowska I.

Kultura i Edukacja

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2013

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issue 2(95)

175-199

EN

The paper contains the demand side of the market for cultural goods and services, with a focus on performing arts especially the analysis of their consumption from the demand theory, which attempts to explain the motives and consequences of consumers’ decisions. The consumption of cultural goods and services is determined by many factors, and their identification is the purpose of this study. Among them there are social determinants, including education and age of consumers and economic, such as price and income. The starting point for the analysis is fact that cultural goods and services in the economy are normal goods, so the demand for them increases with increasing consumer income and decreases with the demand decrease. They are also luxury goods, which means they are purchased only when the amount of income will satisfy customers’ basic needs. The paper contains also review of results of research conducted by foreign authors to demand determinants for cultural goods and services. Selected determinants are presented using statistical data on participation in culture of citizens of the European Union. However it was not possible to present an insightful analyzed of determinants and their dynamics because of limited availability of data.

14

DIFFERENCES IN UNEMPLOYMENT AMONG PERSONS IN A SPECIAL SITUATION ON THE LABOUR MARKET ON THE EXAMPLE OF POLISH PROVINCES

88%

Murawska A.

Oeconomia Copernicana

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2016

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vol. 7

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issue 3

375-388

EN

The unemployment level in a region and economic activity on the labour market are considered the most important determinants of individuals’ standard of living. The article aims to assess regional differences in indicators characterising the situation on the labour market depending on the selected social and demographic features of the unemployed. In order to achieve this objective, information from secondary sources, primarily statistical yearbooks and other source materials, was used. General data relating to Poland and sixteen provinces was analysed. The assessment of regional differences and the relationship between them used basic indices and ratios in the form of numerical evaluation. Coefficients of intensity, structure, variation and correlation were calculated. Differences in the level of unemployment in Polish provinces depend on such factors as place of residence, age, sex, level of education of the unemployed, seniority and duration of unemployment. Residents of provinces with a favourable situation on the labour market have a notably higher income and standard of living.

15

Values and economic development

88%

Banach W.

Annales. Etyka w Życiu Gospodarczym

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2017

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vol. 20

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issue 6

111-121

EN

The main aim of the paper is to show and examine how culture shapes human progress; in particular-how values determine economic development. The author describes culture as an axiological sphere including values, rules, customs, beliefs attitudes and worldviews that are prevalent in a given society. According to the humanistic perspective (called cultural turn), adequate values and other axiological determinants have a very positive impact on economic development of each society. The author analyses Mariano Grondona’s twenty cultural factors: religion, trust in the individual, the moral imperative, two concepts of wealth, different views of competition, two notions of Justice, the value of work, the role of Heresy, education, the importance of utility, the lesser virtues, time focus, rationality, authority, worldview, life view, salvation from or in the world, two Utopians, nature of optimism, two visions of democracy. The main thesis of the Grondona’s work is that economic development and well-being of civilization depends on choosing a progressive value system by a society. The author emphasizes that a further study must be conducted to understand and apply scientifically this model.

16

Причинный комплекс пропаганды терроризма

88%

Vasilishyn V.

Studia nad Autorytaryzmem i Totalitaryzmem

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2016

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vol. 38

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issue 3

23-29

EN

The article examines the causes of terrorism and terms of propaganda. It analyzes the main conceptual approaches to the understanding of terrorism and its determination in individual criminal manifestations. The problem of determination of crime is the central problem in criminology, which still has not found a clear scientific solutions because of many objective and subjective factors. Determinism and causality are related, but not identical concepts. Criminological determination is a kind of social determination. A mechanism of determination includes different functions and implications: causes and conditions (correlatives). Determinism expresses any conditionality of phenomena, objects, processes, all kinds of links between them. The reason points to a genetic link of the consequences and a particular cause as the main factors for its occurrence. By analysis of determination of crime criminogenic factors of terrorism propaganda were clarified. It was indicated that these factors determine the causal complex of terrorist propaganda in the form of a three-level pyramid. There were formulated causes and terms of terrorism propaganda, and determined deep, basic and current causes of terrorism propaganda. Within the classification of reasons of the terrorist propaganda were highlighted: the geopolitical, ideological, socio-economic, socio-psychological and organizational factors.

17

Health Services Utilization in Older Europeans: an Empirical Study

88%

Srakar A., Hren R., Rupel V. P.

Organizacija

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2016

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vol. 49

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issue 2

127-136

EN

Background and Purpose: Chronic diseases and associated co-morbidities are highly prevalent among elderly and are associated with an increase in health services utilization which in turn raises health care expenditures throughout industrialized societies. However, health care utilization in elderly is still inadequately understood, particularly regarding the differences among European jurisdictions. In our article, we use dataset of Wave 5 of SHARE survey to study the utilization of health care in older Europeans in 15 European countries. Design/Methodology/Approach: We investigate relationships between factors such as age, gender, income, education and health variables and the utilization of various types of health services. We apply regression modeling to study the determinants of health utilization (different socioeconomic and health variables) of older people. Results: We show some significant differences between determinants of health utilization in terms of probability and frequency of usage. We also explore patterns between welfare regimes, taking Eastern European jurisdictions as a reference category. Finally, we show that in a simple causal model the provision of formal and/or informal homecare serves as a complement to utilization of health care services. Conclusion: Results of our article are important for the management of health care facilities in terms of health care usage by older people, and can be of value to health care providers and policy makers in the field.

18

Społeczne determinanty zaburzeń zachowania wśród młodych ludzi

88%

Łukowski K.

Konińskie Studia Społeczno-Ekonomiczne

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2021

|

vol. 7

|

issue 1

85-96

EN

Social determinants of behavioral disorders among young people Influencing factors on the increase in behavioral disorders in young people are taking place during unsuccessful attempts at self-reliance and life independence, which can be called the errors of youth. The article presents an introduction to various ways of preventing behavioral disorders among young people. The occurrence of behavioral disorders often has its source in experiencing violence, helplessness, loss, frustration, immaturity and addiction. The purpose of this article is to look at the cause of disorders of functioning among young people and their consequences. This work will illustrate irregularities in adolescence, environmental conditions, and the formation of educational attitudes.

19

Determinants of corruption: a panel data analysis of Visegrad countries

88%

Linhartová V., Halásková M.

Equilibrium. Quarterly Journal of Economics and Economic Policy

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2022

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vol. 17

|

issue 1

51-79

EN

Research background: Corruption is a phenomenon that has no borders, thus hindering the proper functioning of the social, economic, and legal systems of a given state. As the rankings assessing the level of corruption in various countries show, transition economies are more vulnerable to corruption than countries that have not undergone changes in the political and economic order. The Visegrad group is an example of such countries. Despite their efforts, these countries? governments have yet to match the evaluation of corruption indices for developed European countries. Purpose of the article: This study analyses the determinants of corruption in Visegrad countries to identify which determinants are the most impactful and thus should be the focus of Visegrad countries?governments when creating anti-corruption policies. Methods: Data for the period 1996?2019 from the databases of the World Bank, Transparency International, and the European Central Bank were used for panel data analysis. The study uses a comprehensive set of economic, socio-cultural, and political determinants that can influence corruption. The purpose of this large set of variables is to prevent possible distortion owing to omitted variables. Findings & value added: The results of the analysis of panel data show the main determinants of corruption in Visegrad countries are economic, political, and socio-cultural (phase of economic development, openness of the economy, size of the public sector, degree of urbanization, and women's share in the labour force). A significant effect was also demonstrated in the case of regulatory quality and public sector wages. The findings can serve as a valuable resource for policymakers to develop government policies in individual countries and to implement effective anti-corruption tools.

20

Innovative determinants of the investment attractiveness of a country: the case of Ukraine

88%

Gavrysh O., Kukharuk A., Gavrysh J.

Marketing Instytucji Naukowych i Badawczych

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2022

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vol. 44

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issue 2

21-40

EN

The study is devoted to the peculiarities of the investment attractiveness of a country in conditions of uncertainty. The article generalises the scientific approaches to the definition of investment attractiveness. The authors summarise the results of the international ranking of countries by the level of investment attractiveness and define the important role of innovation in ensuring a favourable investment climate. The article considers the peculiarities of the formation of investment attractiveness in Ukraine and summarises the priorities for the implementation of an innovation strategy, which will contribute to the possibility of post-crisis recovery. A promising area of further research is the evaluation of the effectiveness of Ukraine's international partnership for the implementation of joint innovation projects in the direction of Industry 4.0.

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