Wyniki wyszukiwania - Biblioteka Nauki

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Post-industrial areas management and evaluation with a view to redevelopment - case study

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Michalski K.

Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska

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2020

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tom z. 148

483--495

EN

Purpose: The study focuses on the problem of redevelopment of post-industrial areas. Their location is often attractive, but potential investors are deterred by a lack of knowledge about the area or an unstable ownership situation. It is therefore necessary to collect information on the past of the area, its current state and the ongoing effects of its former use. The article is an example of a preliminary examination of unused land in order to determine the possibility of its re-use. Design/methodology/approach: The scope of the study includes the identification of the main characteristics of the studied area. Findings: The direction of redevelopment of the analyzed area was initially determined. Practical implications: This study should be followed by a comprehensive analysis of the substances contained in the ground of the area in question and their impact on human health, planning of actions to neutralise any possible negative impact and an estimate of the costs of implementing such modifications. Social implications: The development of the studied area will be an extension of the recreational functions of the adjacent nature and landscape complex. Originality/value This article is a contribution to holistic research on the described area in order to give it valuable functions.

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Study of the impact of the pandemic on the functioning of micro-enterprises in the Silesian voivodeship

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Michalski K.

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2022

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tom z. 161

121--135

EN

Purpose: The objective of the paper is to study the impact of the global coronavirus pandemic on the standing of micro-enterprises in the Silesian Voivodeship. Design/methodology/approach: A study sample of 120 micro-enterprises from the Silesian Voivodeship has been selected. The study methods such as an interview and a survey have been used. A questionnaire has been used as a tool. The properly completed surveys have been obtained from 43 enterprises. Findings: It has been established that depending on the specific nature of a given enterprise and the area in which it operates, enterprises are, to varying degrees, susceptible to the impact of adverse factors related to the emergence of the global coronavirus pandemic, which, in turn, results in the differences in the standing of these enterprises. Research limitations/implications: In view of the small study sample, the studies carried out do not create a complete picture of the impact of the pandemic on micro-enterprises in the Silesian Voivodeship. They are rather a contribution to further studies. These should be conducted on the basis of a larger study sample. Originality/value: The global coronavirus pandemic which affected the world in the years 2019-2022 has left a strong mark on many aspects of human functioning, including pursuing business activity. It is important to gain knowledge on the impact of pandemic-related restrictions on the functioning of micro-enterprises in order to develop mechanisms to mitigate the adverse effects on entrepreneurship based on micro-enterprises.

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Application of Value at Risk Method to Assess Timber Selling Price Risk

63%

Adamowicz K. , Michalski K.

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tom Vol. 66, nr 212

Art. no. 177423

EN

As organisations and economic markets continually evolve, it becomes essential to improve risk management skills on an ongoing basis. In this respect, it is particularly important to make practical use of all the tools available to identify and quantify risks. As with most entities, the most important tool for forest management is the timber selling price risk (TSPR). Economic practice shows that global markets experience very high volatility in this respect. The awareness of some popular techniques to understand the nature of individual risks by properly identifying their impact on the functioning of the organisation is currently increasing in importance. One of these techniques is the Value at Risk (VaR) method, which was used in this study to measure TSPR in 38 timber-selling economic entities. The aim of this article is to examine the concept of TSPR estimation using the VaR method adopted in the methodology by implementing the main VaR assumptions in the Polish forest economy in order to improve the methods of quantification of market risk in forestry, taking into account the impact of the sales volume and trade pattern of wood species on TSPR. The article demonstrates that the application of the VaR method can be an auxiliary tool in the TSPR management process. It is noted that this method can be a basic tool to ascertain the degree of exposure to risk and that the structure of commercial classes of timber is important. Using VaR, the relationship between the level of generated revenue and TSPR as well as between the assortment structure and TSPR was identified and discussed. It is also shown that the class of timber had an impact on TSPR.