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Wyświetlanie 1-4 z 4
Tytuł:
Editorial introduction
Autorzy:
Sobański, Konrad
Powiązania:
https://bibliotekanauki.pl/articles/2058084.pdf
Data publikacji:
2022-07-11
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Opis:
Sustainability, security and equality are desirable features of socio-economic systems which the world today undoubtedly lacks. History amply conrfims that constant change is an immanent feature of humanity and it is only uncertain how rapidly and violently this change takes place. In recent times so-called “black swans”, understood as major events with far-reaching consequences, have been occurring all too frequently. While the world is still dealing with the consequences of the COVID-19 pandemic it faces new political, social and economic challenges arising from the war at the interface between Europe and Asia-on the edge of the European Union. In such circumstances the functioning of economies, nfiancial markets and businesses is signicfiantly hampered and requires increased eofrts by policymakers and market participants to fore cast key processes now happening at an accelerated pace, evaluate their potential consequences and nfid ways to mitigate the associated risks. eTh current increase in volatility is a stark reminder of a number of fundamental questions that need to be constantly answered in new contexts: - How can sudden shifts in nfiancial markets be anticipated more eefctively especially with the use of modern technologies? - How to design investment portfolios in uncertain times? Can new, alternative asset classes perform useful functions in this regard or are these assets more likely to cause market disturbances in the future? - How to shape operations and corporate governance of businesses to avoid additional, unnecessary internal disruptions and costs? - How to model and price market risk during a period of rapidly increasing inflation and interest rates? - What is the impact of inevitably rising arms spending on the world economy and individual countries? Is military expenditure the only rational way to ensure regional and global security? - How should regulators counter the negative eefcts of labour market un certainty? - Are the world and individual countries doomed to widening economic inequalities? What are the counter measures?
Źródło:
Economics and Business Review; 2022, 8, 2; 3-5
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
‘Dark matter’ in the external sector of the United States
Autorzy:
Sobański, Konrad
Powiązania:
https://bibliotekanauki.pl/articles/557758.pdf
Data publikacji:
2019-06-28
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
international finance
balance of payments
income account
international
investment position
‘dark matter’ hypothesis
Opis:
The aim of this paper is to examine the ‘dark matter’ assets in the external sector of the United States in the period 1999:Q1-2018:Q3. The paper investigates data on the balance of payments and international investment position for the US and a group of 18 economies. The research reveals that the US is a privileged economy with respect to foreign income on international investments. The rates of return on its foreign assets are relatively higher, and the costs incurred on its foreign liabilities relatively lower, as compared with the benchmark group. This special privilege of the US relates to equity investments, especially foreign direct investments. Based on prevailing income differentials substantial ‘dark matter’ assets of the US are estimated. Recognising such ‘dark matter’ leads to the conclusion that the US is a foreign creditor, not debtor. The findings shed light on the puzzle as to why the US has a continuing ability to sustain its external position despite mounting foreign liabilities. Keywords : international finance, balance of payments, income account, international investment position, ‘dark matter’ hypothesis.
Źródło:
Economics and Business Review; 2019, 5 (19), 2
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Divest or engage? Eefctive paths to net zero from the U.S. perspective
Autorzy:
Buks, Andrew G.
Sobański, Konrad
Powiązania:
https://bibliotekanauki.pl/articles/2192165.pdf
Data publikacji:
2023-04-27
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
divestment
engagement
ESG
net zero transition
decarbonization
Opis:
The aim of this arctile is to crictially review and evaluate two ESG-based investment strategies-divestment and engagement for alignment of investment porotflios with climate change mitigation goals of the United Nations. The article compares both approaches in terms of their eefctiveness of decarbonization, using the case study method. First, the case on fossil fuels divestment by Harvard Management Company is analysed. The second case study discusses shareholder engagement endeavors by Engine No. 1 hedge fund and its investment in ExxonMobil. The findings indi cate that divestment may have non-immediate impact on corporate behavior and carries political and legal retribu iton risks. Engagement, on the other hand, presents itself as a more plausible option as it takes less time to deploy and, therefore, can produce more immediate and impactful results. Nevertheless, both divestment and engagement can play mutually supportive roles in addressing climate change by the investment industry.
Źródło:
Economics and Business Review; 2023, 9, 1; 65-93
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-4 z 4

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