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Wyświetlanie 1-5 z 5
Tytuł:
Effect of service quality assessment on perception of TOP hotels in terms of sentiment polarity in the Visegrad group countries
Autorzy:
Stefko, Robert
Fedorko, Richard
Bacik, Radovan
Rigelsky, Martin
Olearova, Maria
Powiązania:
https://bibliotekanauki.pl/articles/19233601.pdf
Data publikacji:
2020
Wydawca:
Instytut Badań Gospodarczych
Tematy:
sentiment polarity
customer satisfaction
hotel
Visegrad group
Opis:
Research background: In the developed countries, the services sector, which also includes the accommodation services, is a significant source of the gross national product. Tourism can be perceived as an important determinant of countries' economies, so attention paid to the needs of clients is at least necessary and beneficial. Purpose of the article: The aim of the study is to assess the quality of services provided and the perception of the hotel from the point of view of the accommodated clients. This objective was fulfilled by determining the effect of selected indicators of perception of the quality of provided services (location, personnel evaluation, cleanliness, equipment, comfort, price/quality ratio of provided services, free Wi-Fi connection) on the indicator determining the perception of the hotel (polarity of sentiment). Methods: In the analysis of the above, 22,000 text-reviews of 117 five-star hotels of the Visegrad Group countries were evaluated. The hotel reviews were obtained from Tripadvisor.com and indicator rankings from Booking.com. The analysis made use of the regression analysis methods - influence (regulatory models - Ridge, Lasso, Elastic net, and multiple linear regression - OLS). Findings & Value added: It has been found out that hotel equipment and cleanliness have the greatest effect on the polarity of sentiment. As could be expected, the trend has an upward tendency - that is, as quality increases, so does the sentiment polarity - the perception of hotel facilities. Overall, the analysed sentiment variables can be considered positive, as was confirmed by the positive coefficients of the coherence analysis (Spearman-ρ; Pearson-r), as well as the upward trend in the predictions under the regression analysis. Hotels should be strategically customer-oriented and, as the analyses show, pay the greatest attention to equipment and cleanliness. The services of accommodation facilities are dominant in terms of satisfaction with the destination in general, so in the long run, they should be given due attention. These findings are particularly beneficial for hotel services provided in the Visegrad Group countries, as no research studies have yet been carried out on customer evaluation of the quality of accommodation facilities using the presented methods.
Źródło:
Oeconomia Copernicana; 2020, 11, 4; 721-742
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Czynniki determinujące zmiany na rynku kryptowalut
The factors determining the changes in the cryptocurrencies market
Autorzy:
Pudło, Damian
Powiązania:
https://bibliotekanauki.pl/articles/449288.pdf
Data publikacji:
2018-06-30
Wydawca:
Instytut Badań Gospodarczych
Tematy:
kryptowaluty
nastroje rynkowe
Bitcoin
Ethereum
Ripple
cryptocurrencies
market sentiment
Opis:
Motywacja: Obecnie na rynku kryptowalut zachodzą istotne zmiany, których odzwierciedleniem są wahania kapitalizacji całego rynku, jak również poszczególnych kryptowalut. W literaturze przedmiotu brakuje opisu tych przemian z wyodrębnieniem czynników, które je wywołują. Korzyści z likwidacji istniejącej luki poznawczej były głównym motywem wyboru tematyki niniejszego artykułu. Cel: Celem artykułu jest wyszczególnienie czynników, które wpływały zarówno pozytywne, jak i negatywne na wartość kapitalizacji rynku kryptowalut, tj. korektę rynku, która miała miejsce pod koniec maja 2017 roku, hossę, którą odnotowano w drugiej połowie listopada 2017 roku oraz kryzys z połowy stycznia 2018 roku. Materiały i metody: W celu określenia dynamiki zmian, porównywano kapitalizację, zarówno poszczególnych kryptowalut, jak i całego rynku. Dane odnośnie kapitalizacji rynku oraz cen poszczególnych walut cyfrowych pochodzą z portalu CoinMarketCap. Analizie poddano następujące kryptowaluty: Bitcoin, Ethereum oraz Ripple. Ich wybór wynika z faktu, że zmiany ich ceny mają największe znaczenie dla kapitalizacji całego rynku. Zakres czasowy artykułu obejmuje okres od 20.04.2017 roku do 20.04.2018 roku. Wybór ten podyktowany był wzrostem popularności kryptowalut, ich pojawieniem się w świadomości wielu nowych odbiorców za pośrednictwem mass mediów oraz zwiększeniem intensywności działań rządów mających na celu wprowadzenie kolejnych regulacji rynku. Wyniki: Rynek kryptowalut, z uwagi na swoją niezależność od jakiejkolwiek gospodarki narodowej, nie jest uzależniony od nastrojów inwestycyjnych na giełdach poszczególnych państw. Jako główne przyczyny zmian cen wyodrębniono natomiast takie czynniki, jak: regulacje, obostrzenia podatkowe, akceptacja płatności kryptowalutami, opinie ekspertów, intensywność przekazu medialnego oraz indywidualne decyzje większych inwestorów.
Motivation: Currently, on the cryptocurrencies market, relevant changes are taking place; they are reflected in the fluctuations of the capitalizations of both whole cryptocurrencies market and certain cryptocurrencies. The source literature regarding those changes is missing the descriptions which would focus on the reasons behind these phenomena. Uncovering of that vague issue can bring numerous benefits, which was the main motivation for the choice of the topic. Aim: The article aims to specify the both of factors, the ones having beneficial, and the ones having adverse influence at the value of the capitalization of the cryptocurrencies market, i.e. the market correction that took place at the end of May 2017, the bull market, which was recorded in the second half of November 2017 and the crisis from the middle January 2018. Materials and methods: In order to define the dynamics of the market changes, the comparison of the capitalization of all the cryptocurrencies, as well as the whole market, has been made. The data regarding both above-mentioned capitalizations was obtained from the CoinMarketCap portal. In the analysis three cryptocurrencies (Bitcoin, Ethereum and Ripple), with the highest capitalization are taken into account since the fluctuations of their values have the most considerable impact on the changes in capitalization of the whole market. The situations analyzed took place in the time period between 20 April 2017 and 20 April 2018. Such a time period was chosen due to various factors involving the cryptocurrencies: the increase of the popularity, reaching wider public via mass media, and the intensification of the government’s actions aiming at the implementation of new law regulations. Results: The cryptocurrencies market, thanks to its independence from any national economy, is not influenced by the situation on the stock markets of certain countries. Among the main reasons behind the changes there are: law regulations, tax restrictions, cryptocurrencies payment acceptance, experts’ opinions, the intensity of the mass media information, and the individual decisions of major investors.
Źródło:
Catallaxy; 2018, 3, 1; 55-64
2544-090X
Pojawia się w:
Catallaxy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Managerial ownership and catering to investor sentiment for dividends: evidence from the electromechanical industry sector on the Warsaw Stock Exchange
Autorzy:
Pieloch-Babiarz, Aleksandra
Powiązania:
https://bibliotekanauki.pl/articles/19233538.pdf
Data publikacji:
2020
Wydawca:
Instytut Badań Gospodarczych
Tematy:
dividend
catering theory of dividends
managerial ownership
investor sentiment for dividends
Opis:
Research background: Dividends have been the subject of scientific research for decades. However, many aspects of payout policy are still controversial, and research provides contradictory results. One research area is the impact of the ownership structure on dividend policy. Although many scientific studies on this subject have been conducted, there is still a lack of research on the impact of managerial ownership on adjusting the dividend payout to investor sentiment. It was this research gap that motivated us to investigate the issue. Purpose of the article: The aim of the paper is to evaluate how managerial ownership affects the disposition of companies to adjust their dividend payouts to investor sentiment. Achieving that objective provides stock market investors with additional information and allows for its practical implications as they seek the best investment opportunities. Methods: The main method of investigation is a panel regression model with random effects. This model is used based on the Breusch-Pagan test and the Hausman test, while the information criteria of Akaike, Schwarz, and Hannan-Quinn are also taken into consideration. Additionally, descriptive statistics and the Pearson correlation coefficient are used. The research sample consists of Polish companies from the electromechanical industry sector that are listed on the main market of the Warsaw Stock Exchange (WSE) in the period 2009-2018. Findings & Value added: Our findings reveal that: 1) an increase in dividend premium results in a higher payout in order to cater to investor sentiment; 2) if the manager holds the greatest number of shares, the catering effect weakens. The main contribution of the paper is a new approach to the catering theory of dividends, which includes the impact of managerial ownership.
Źródło:
Oeconomia Copernicana; 2020, 11, 3; 467-483
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Brand position in the eyes of customers: assessment of selected airlines by the passengers online reviews
Autorzy:
Hoffmann, Natalia
Powiązania:
https://bibliotekanauki.pl/articles/16729698.pdf
Data publikacji:
2022
Wydawca:
Instytut Badań Gospodarczych
Tematy:
data mining
text mining
branch
brand
opinion
R
client
airline
sentiment analysis
Opis:
Motivation: The motivation to write an article on airlines was the desire to rank them based on customer reviews and see how these reviews reflect the actual brand image. The opinions that companies collect about themselves have a very strong power when it comes to building its reputation. Aim: The aim of the study was to use digital transformation and transform raw data into specific information that expressed customer emotions to create a profile of selected airlines. A secondary goal of the article was also to check how the analyzed airlines perform in similar areas. Materials and methods: The data used for the analysis was collected from the eSky.com website and covers the 2019-2020 period. The airlines concerned by the customer reviews were LOT, Ryanair, Wizzair, Czarter, EasyJet, Lufthansa and Laudamotion. Their selection was dictated by the number of opinions necessary to conduct the analysis. The research based on the use of data mining techniques, but it should be noted that most of it uses text mining tools. Topic modelling was used to prepare the data properly and assign each word to groups with similar themes. In order to obtain information whether a given opinion has a positive, negative or neutral tenor, sentiment analysis was used. The final part of the analysis was based on the net sentiment score indicator. The entire analysis was carried out in the R-Studio. Results: The most common subjects of opinions written by customers were "delay", "service", "boarding" and "airline". It was confirmed that the opinions of each airline concern different topics, although some common topics were noticeable. Two topics were repeated among the 7 analyzed airlines: "service" and "delay". Based on the sentiment analysis, for the Ryanair airline the percentage of negative opinions was highest and equal to 35%, almost 40%, of neutral opinions fell on the WizzAir airline and the largest percentage of positive feedback, as much as 46%, was attributed to EasyJet. EasyJet line looks the best in the eyes of customers. The line that evoked uniformly positive, negative and neutral emotions in the opinions was Ryanair.
Źródło:
Catallaxy; 2022, 7, 1; 7-21
2544-090X
Pojawia się w:
Catallaxy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Catering to investor sentiment for dividends: contestability or collusion of the largest shareholders?
Autorzy:
Pieloch-Babiarz, Aleksandra
Powiązania:
https://bibliotekanauki.pl/articles/22443161.pdf
Data publikacji:
2022
Wydawca:
Instytut Badań Gospodarczych
Tematy:
dividend payout
the catering effect of dividends
contestability & collusion of the largest shareholders
investor sentiment for dividends
Opis:
Research background: Dividend payouts have been the subject of scientific research for many years. Although many studies focus on the impact of ownership on dividend payouts, there is still a lack of research on the influence of the contestability and collusion of the largest shareholders on the catering effect of dividends. This research gap motivated us to investigate this issue and determine whether the interactions between large shareholders have an impact on aligning dividends with investor sentiment. Purpose of the article: The article assesses the impact of the relationship between the largest shareholders (i.e., contestability or collusion) on the adjustment of dividend payouts to investor sentiment. The following research hypothesis has been formulated: If there is contestability between the first and second-largest shareholders, the strength of the catering effect of the dividend is greater than in the case of collusion, both in the years of positive and negative dividend premiums. Methods: The main research method is a panel regression model (pooled OLS and fixed effects). We use the F test, the Breusch-Pagan test, and the Hausman test. Our research is supplemented with descriptive statistics and the Pearson correlation coefficient. The research sample consists of Polish companies from the electromechanical industry sector listed on the main market of the Warsaw Stock Exchange (WSE) in the years 2009?2020. Findings & value added: The main findings are as follows: a) if a dividend premium is positive and the second-largest shareholder holds many shares, the strong catering effect of dividends is observed; b) there are only two years of negative premium, which does not allow to conclude that both the catering effect and the impact of interactions between the largest shareholders on dividend payouts do not exist when dividend premium is negative. We propose pioneering research concerning the catering effect in the context of interactions between the largest shareholders. Its long-term theoretical value added is the original and interdisciplinary research combining financial, behavioral and governance aspects. Our research results may be of particular interest to foreign investors looking for new opportunities to invest their capital abroad, also in Poland.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2022, 17, 2; 435-457
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-5 z 5

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