Wyniki wyszukiwania - Biblioteka Nauki

1

Próba pomiaru efektywności funduszy inwestycyjnych w Polsce w latach 1999–2005

100%

Salamaga M.

|

2011

|

nr 873

95-107

EN

The paper assesses the success of mutual funds in Poland using measures including Sharpe ratio, Treynor ratio, Sharpe’s alpha, Jensen’s alpha. These ratios assess selectivity, which represents the stock picking skill of the fund manager, and the excess return over and above the return required to compensate for the total risk that manager tales. The data used in the paper is taken from the Polish Financial Market from 1999 to 2005.

2

EASTERN EUROPEAN EQUITY MARKETS AND THE SUBPRIME CRISIS. DOES EMERGING EUROPE STILL OFFER DIVERSIFICATION BENEFITS?

100%

Niemczak K.

|

2010

|

tom 6

|

nr 3

47-63

EN

The stock markets in Eastern Europe went through a period of rapid growth. Those which joined the EU had to integrate with Western Europe on various levels, which had important implications for their equity price development during the subprime mortgage crisis. The aim of the paper is to analyze the developments in the stock markets of Eastern European countries before and during the subprime crisis and to evaluate the hypothesis of disappearing portfolio diversification opportunities in the region. Through the application of correlation analysis, Markowitz mean variance approach and portfolio optimisation strategy based on the Sharpe ratio, it is shown that diversification opportunities for a US investor in the Eastern European region have largely disappeared.

3

Inwestycje w gminna infrastrukture techniczna - zarys teoretyczny

100%

Rogowska M.

|

2010

|

nr 10

185-198

EN

The article presents a theoretical outline of the investment process and its main phases with special attention being paid to chosen aspects of the infrastructural investment process in municipality. The investment process in municipality is very complicated mainly because its elements should be useful for ages. That causes a special need for adjusting infrastructure for future needs.

4

ENVIRONMENT PROTECTION AND INVESTMENTS IN SEWAGE INFRASTRUCTURE IN THE RURAL AREAS OF THE MALOPOLSKA PROVINCE (Ochrona srodowiska a inwestycje w infrastrukture kanalizacyjna obszarów wiejskich wokewództwa malopolskiego)

100%

Dacko M.

Optimum. Studia Ekonomiczne

|

2009

|

nr 2(42)

194-204

EN

Apart from spatial and geographical conditions, technical infrastructure is listed as one of the most important factors stimulating economic and social growth of rural areas. Rural areas with sewage systems are very attractive in economic terms. Regulated waste management directly increases their value. However, it should mostly contribute to improving the condition of the environment. The article discusses issues related to implementing sewage systems in rural areas against a legal, technical and economic background of environment protection.

5

Osoblyvosti investytsiynoyi aktyvnosti v Ukrayini ta yiyi vplyv na investytsiynyy potentsial pidpryyemstv

100%

Moskalenko B. A.

Mekhanizm Rehuluvannya Economiky

|

2014

|

tom 2 (64)

152-158

EN

Investment potential of the state in general depends on the investment activity of all participants in the investment market; therefore managing investment potential will not be effective without the understanding of the investment market. This paper investigates the dynamics and structure of the investment resources available to Ukrainian enterprises. The main source of investment Ukrainian enterprises choose their own funds, which are the most expensive source of investment as formed by redistributing income from the activity, and the emission of equity securities. State and local budgets have little impact on improving the investment potential, because often intended to support "afloat" unprofitable state enterprises than the latest technological industries. In addition, corruption schemes and abuse of officials in the implementation of government projects do not contribute to the growth and improvement of investment attractiveness and the investment potential. Investments by residents of developed countries are essential to the development of Ukrainian enterprises, but their presence at the moment in the domestic investment market is negligible.

6

Stymulyuvannya rozvytku trudovoho potentsialu vyshchoho navchal'noho zakladu

88%

Sotnyk I. M. , Kubatko O. V. , Barykina M. O. , Pronikova G. S.

|

tom 3 (65)

36-42

EN

This paper investigates the economic principles of labour potential development and methodological approaches to its evaluation in higher education institution. The paper founds that the reduction in work activity of higher education institutions’ staff is largely related to the lack of the necessary material and moral incentives and guarantees of personnel’s social protection. The directions of labour potential’s development are discussed. There are also analysed the effectiveness of material incentives and system of privileges and bonuses for employees in higher education institution on the example of Sumy State University. It is underlined the priority directions for motivation of scientific activity of teaching staff. Additionally paper proposes recommendations to improve the stimulation system for labour potential development in the university. The paper emphasizes the need to create powerful motivation systems at educational institutions of Ukraine for the labour potential development. It is suggested ways for improving the quality of educational services to students through professional growth of teachers and improvement of their skills.

7

ECONOMIC COOPERATION BETWEEN THE REPUBLIC OF SERBIA AND THE MEMBER STATES OF THE VISEGRAD GROUP

88%

Božiċ Miljkoviċ I.

|

nr 2

158 – 179

EN

The paper analyses the effects and measures the intensity of economic cooperation that Serbia has achieved with the member countries of the Visegrad Group (V4 Group) from 2000 until today. The starting hypothesis is that the common cultural and historical heritage, the geographical proximity of the market and the common experience of the economic transition process can be an incentive for the development of economic cooperation between Serbia and the countries of the V4 Group. A gravity econometric model Poisson Pseudo Maximum Likelihood (PPML) estimator was used to test the hypothesis. The results of the research confirm a significantly positive impact of the GDP of Serbia and the observed countries, a significantly negative impact of distance and a significantly positive effect of the neighbourhood on bilateral trade flows. Predictors related to the quality of institutions also have a significant positive effect on increasing bilateral trade cooperation between Serbia and the V4 Group.

8

Rumunska gospodarka rolno-zywnosciowa i inwestycje w ostatnich 20 latach – specjalne studium ostatnich 5 lat członkostwa w UE

88%

Toderoiu F. , Voicilaş D.-M.

|

nr 2(155)

9-39

EN

Starting from Romania’s economy position on the global competitiveness scale (on which Romania dropped by ten places in the last year), the agri-food sector being an important economic driving factor of the economy, the paper attempts to identify certain sets of macroeconomic variables determining non-performant generation of value added (level and annual dynamics), which induced radical structural changes in the share of the main branches (agriculture, industry and construction) in the essential resources of the economy (employment, fixed capital stock and net investment) and in its results (gross value added). The first set of variables is of correlative type, at macro-economic level (energy intensity of the economy; “real wages – productivity” correlation; intra-component ratios of the consumer price index). The second type of variables is of sectoral type, at the agri-food economy level (disintegrative “double fracture”; upstream and downstream economic driving effects). The third set of performance reductive variables is of structural type, in the so-called “agri-food” chain (tri-dimensional structure of the agri-food chain – economic operators, employed persons and generated gross value added; average agri-food commercial openness). In the end, we also want to highlight the importance of the relations between businessman and institutions, as regulator and interface, the institutions and organizations which have attributes in investment field and contribute to the creation of the value added in economy. We must have in view that, based on the analysis of the contribution of the institutions to the forming of the business environment, taking into account the recommendations of the investors and their perception of the market, we can easily realize a profile of the economy. Always, the attitude of the investors can give us the measure of the maturity of the economy.

9

BUSINESS CYCLE IN THE ECONOMY OF POLAND. OBSERVATIONS DERIVED FROM MARKOV CHAINS (Cykl koniunkturalny w Polsce. Wnioski z modeli Markowa)

88%

Fic T.

Ekonomista

|

2009

|

nr 1

49-65

EN

The article concentrates on the attempt to identify phases, turning points and the character of business cycle observed in Poland during 1995 - 2005. The switch-on and -off Markov models suggested by Hamilton (1989) have been applied. The obtained results indicate that during slowdown periods growth rate amounted to 2%, while during business prosperity the economy grew at the rate of 5.5% per year. Three cycles, in which similar cyclic changes in individual consumption, exports and imports as well as in inflation, have been discerned. When capital formation activities and unemployment rate are examined, the analysis points to the operation of only one cycle.

10

SOCIAL CAPITAL IN FAVOUR OF LOCAL PARTNERSHIP (apital spoleczny na rzecz partnerstwa lokalnego)

88%

Lechwar M. , Jastrzebska W.

|

nr 3 (47)

185-197

EN

The paper consists of two sections. The first part presents theoretical research on the importance of social capital, its sources and a role that it plays in achieving social and economic cohesion. The second section of the article is a case study of Cisna Commune. Highlighted is how important social capital and local partnership are in local development. Verified was the following hypothesis: Features such as entrepreneurship and social acceptance of both planned and current investments could benefit in local development due to the occurrence of Keynesian multiplier.

11

Sut ta ekonomichna pryroda investytsii i investytsiinoho protsesu

88%

Levchinskiy D. L.

|

2011

|

tom 2 (52)

131-139

EN

Essence and economic nature of such categories, both investments and investment process, is examined in the article, that more frequent than all utilized in the economic system both on macro- and on micro levels. A place and role of subjects of investment process, which the state, population, enterprises in the investment system of country and region, co-operate among, is probed.

12

MECHANISMY ROZHODOVÁNÍ O INVESTIČNÍCH ZÁMĚRECH A ROZPOČTECH OBCÍ

88%

Kopřiva R. , Čopík J. , Čmejrek J.

Sociológia (Sociology)

|

2017

|

tom 49

|

nr 5

482 – 506

EN

The article deals with areas of decision-making in local governments in the Czech Republic. It is specifically focused on proposing the agenda and decision-making mechanism. It asks the question of who comes up with an investment impulse, whether work meetings about investments are held before council meetings, and whether the size of the municipality is a determinant for an own decision-making mechanism. It turns out that the main actors in deciding on the key issues of municipalities are mayors. Their role is particularly important in smaller municipalities, while in big cities the range of actors involved in decision-making mechanisms is broader. Despite the fact that the management system of the local governments of Czech municipalities tends to be understood as collective, this may in practice not necessarily apply to small municipalities.

13

Ekonomiko-instytutsiynyy analiz naslidkiv dezintehratsiynykh protsesiv u Yevropeys'komu Soyuzi

75%

Sabadash V. V. , Havrylova V. V.

|

tom 4(74)

127-137

EN

The effective functioning of the economic and trade associations (unions) recently exposed a serious ordeal for stability under the influence of economic crisis and the new security challenges, among which the most dangerous are military conflicts, uncontrolled migration, terrorism and environmental threats, economic and social conflicts. The negative effects of these factors are transformed, first of all, the disintegration tendencies in trade and economic associations, as exemplified by the withdrawal of Great Britain (known as «Brexit») with the European Union. The article sets out the results of the analysis of economic and institutional consequences – economic, investment, financial, political and social – for the economy of the UK and the European Union. Also the organizational, economic and legal priorities for implementation of the necessary procedures for the release of Great Britain from the European Union as a common market are identified.

14

Reorientacja zawodowa rolników i domowników w województwie kujawsko-pomorskim, nowe wyzwanie dla doradztwa rolniczego

75%

Kamiński R. , Sass R.

|

nr 1(75)

5-21

EN

Even though the agriculture in Kujawsko-Pomorskie voivodship is well developed, around 41 thousand farmers and members of their families should go through the process of vocational reorientation. Researches conducted show that mainly farm owners of 5–30 ha and their families are ready to undertake the reorientation. Meanwhile, the farmers from the smallest farms (up to 5ha) show low interest in vocational reorientation. They are usually elder farmers with low qualifications and low mobility whose strategy is to survive. Individual Vocational Reorientation Plan (IPRZ) determines actions which should be undertaken in order to change the occupation and presents the way it should be achieved. Vocational specialized courses organized by KPODR on the bases of IPRZ’s analysis are characterized with high effectiveness. It should be highlighted that the Project’s beneficiaries, 253 people (27% participants of the courses) have undertaken job activity out of agriculture sector.

15

THEORETICAL FUNDAMENTALS AND MODERN STATE OF SCIENTIFIC SPHERE INVESTMENT SUPPORT OF UKRAINE (Teoretychni zasady ta suchasnyi stan investytsiinoho zabezpechennia sfery nauky v Ukraini)

75%

Druhov O. O.

|

nr 2(52)

56-65

EN

On the basis of works of foreign and Ukrainian scientists the relation between scientific activity and international competitiveness of economy has been investigated. The importance of investment support as a necessary condition of productive functioning of scientific sphere has been substantiated. The theoretical-methodological aspects and legal regulation of scientific research in Ukraine have been investigated. Basing on statistical data the present level and dynamics of investments in Ukrainian scientific sphere have been analyzed. The recommendations aimed at increasing their activeness have been given.

16

INTERNATIONAL INVESTMENT ARBITRATION AND BILATERAL TREATIES ON PROMOTION AND PROTECTION OF FOREIGN INVESTMENTS (Medzinarodna arbitraz investicnych sporov a dvojstranne dohody o ochrane investicii)

75%

Chovancova K.

|

2009

|

tom 92

|

nr 5

437-456

EN

Direct foreign investments create an inseparable part of international economy. The core of all 'FDIs' lies in the transfer of foreign investor's both tangible and intangible assets from one country to another country with the aim of use of these assets in a host state, while bearing in mind the main goal to gain the profit. Simultaneously, the owner of the FDI will retain the whole or at least the partial control over transferred assets, located in the host state. The article submitted focuses on a small aspect of the puzzle of how the international investment arbitration interacts with bilateral investment treaties, or so called 'BITs'. Specifically, it will consider the development as well as the current position of BITs while focusing on one of the most important BIT's provision, namely, the settlement of investment disputes. First, the article provides a background on the definition of foreign investments together with the short characteristics of the foreign investment under the rules that have crystallized over the years. Secondly, the article will address an issue of risk in foreign investments, spreading before the reader several categories of risk investors have to cope up with when investing abroad. The article then analyses the issue of the state's responsibility when actively participating in international trade, dividing between public acts of the state and its purely commercial and private acts. After defining an international investment dispute, the article then incorporates basic features of investment arbitration, stressing out the complicated matter of the state's capability to be the party in the arbitration agreement. The article then gathers the basic characteristics of the BITs, going back awhile to the era of the first FCN concluded in the USA, continuing with the description of modern BITs. In addition, the article ultimately comments on the current controversial doctrines regarding the role of the BITs in international investment and the progress of less developed host states. Finally, it develops a model formula, laying down the circle of interconnected relationships between multinational corporations, foreign direct investments, the international investment arbitration and the international public law. At the very end, the article suggests a reasonably considered role of the BITs and its influence on the international foreign investment law.

17

Fundusze Unii Europejskiej jako czynnik stymulujący rozwoj jednostek samorzadu terytorialnego na przykładzie wybranych gmin Dolnego Slaska

75%

Kutkowska B. , Strus M.

|

nr 3(152)

156-181

EN

The aim of the paper is to determine the role of EU funds in the achievement of development goals formulated in the strategies of rural communes. For the purpose of research the authors of the paper chose five communes from the region of Lower Silesia, which have a high share of areas legally protected because of their great natural value. The activity of the communes' authorities in respect of obtaining EU funds has been analyzed and assessed, basing on budget incomes and expenditures as well as the level of indebtedness. The characteristic features of persons engaged in the obtaining of financial means from EU funds have been also determined. The opinions of the communes' inhabitants concerning the activity of local authorities in favor of development have been also gathered.

18

INVESTMENT ACTIVITY AND ITS GOVERNMENT CONTROL (Investytsiina diialnist ta ii derzhavne rehuliuvannia)

75%

Hladka U. B.

|

nr 2(52)

49-55

EN

The essence of investment activity and its requirement in government control has been investigated. Principles and priorities which the investment policy of Ukraine must be based on have been offered. Reasons which caused the economic crisis in Ukraine have been considered. The recommendations of way out of the financial crisis have been given.

19

Lenovo’s Global Competition Strategy: the Driving Forces of Leadership

51%

Sabadash V. V. , Marchenko T. V.

|

2017

|

tom 1(75)

60-70

EN

The paper provides an overview and description of the Chinese economy in recent decades, taking into account the specifics of China’s economic policy. The business activity of one of the most successful transnational Chinese company – Lenovo – was investigated in the paper. The article presents and analyzes the main business strategies that helped Lenovo to win in a short time competitive positions in the market of electronic equipment, gadgets and software products, not only on the national, but also on the world market. Particular attention in the study is given to the analysis of the company’s financial performance by business groups and geographical units; the main indicators of the financial effectiveness of the company’s business strategies; the effectiveness of the company’s use of production resources is illustrated. Also, the paper analyzes the composition and elements of the global value chain formed by the company to realize competitive advantages and retain competitive positions in the world market.