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Wyszukujesz frazę "diversification" wg kryterium: Wszystkie pola


Tytuł:
Commodities as a Tool of Risk Diversification
Autorzy:
Skapa, Stanislav
Powiązania:
https://bibliotekanauki.pl/articles/517383.pdf
Data publikacji:
2013
Wydawca:
Instytut Badań Gospodarczych
Tematy:
commodities
diversification
portfolio
Opis:
Investing in commodities has become a new topic for private investors in recent years. Private investors are trying to spread their investments across a much wider spectrum of investments than in the past. They are looking for new sources of return and better diversification of investment risk. In this process, they are searching beyond the traditional asset classes of equities, bonds, cash and real estate. The objective of the paper is to critically explore the possibility of investing in commodities mainly for private investors and analyses investment characteristics. The main scientific aim is to use a complex of more sophisticated and theoretically advanced statistical techniques and apply them on the findings. This paper will provide comprehensive analyses of mostly used commodity indexes of 1st generation and describe main differences between 1st and 2nd generation of commodity indexes and some examples of rollover mechanism will be critically explain. A representative of 2nd generation of commodity indexes was chosen for comprehensive data analysis to another asset class and for the testing whether commodities decreasing a risk of investment portfolio.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2013, 8, 2; 65-77
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Belarusian energy diversification : conclusions for Poland
Autorzy:
Jacyszyn, Jakub
Powiązania:
https://bibliotekanauki.pl/articles/1818430.pdf
Data publikacji:
2020
Wydawca:
Instytut Polityki Energetycznej im. Ignacego Łukasiewicza
Tematy:
Belarus
energy
cooperation
Polska
diversification
oil
gas
nuclear Energy
Opis:
More than market laws, the Belarusian energy sector is influenced by political considerations. Good relations with the Russian Federation, access to cheap raw materials in the form of gas and oil, preferential prices, concessions or loans are the driving force behind the Belarusian economy. Therefore, events related to growing sentiments of social dissatisfaction with the current government are becoming very important in view of the future appearance and structure of energy in Belarus. The aim of this article is to present the energy sector in Belarus, the current state and the prospects and possibilities for diversifying energy sources.
Źródło:
Energy Policy Studies; 2020, 2 (6); 43--53
2545-0859
Pojawia się w:
Energy Policy Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Belarusian energy diversification : conclusions for Poland
Autorzy:
Jacyszyn, Jakub
Powiązania:
https://bibliotekanauki.pl/articles/1818439.pdf
Data publikacji:
2020
Wydawca:
Instytut Polityki Energetycznej im. Ignacego Łukasiewicza
Tematy:
Belarus
energy
cooperation
Polska
diversification
oil
gas
nuclear Energy
Opis:
More than market laws, the Belarusian energy sector is influenced by political considerations. Good relations with the Russian Federation, access to cheap raw materials in the form of gas and oil, preferential prices, concessions or loans are the driving force behind the Belarusian economy. Therefore, events related to growing sentiments of social dissatisfaction with the current government are becoming very important in view of the future appearance and structure of energy in Belarus. The aim of this article is to present the energy sector in Belarus, the current state and the prospects and possibilities for diversifying energy sources.
Źródło:
Energy Policy Studies; 2020, 2 (6); 43--53
2545-0859
Pojawia się w:
Energy Policy Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Spatial diversification of foreign tourist traffic in Poland
Autorzy:
Chudy-Hyski, D.
Powiązania:
https://bibliotekanauki.pl/articles/62640.pdf
Data publikacji:
2013
Wydawca:
Polska Akademia Nauk. Stowarzyszenie Infrastruktura i Ekologia Terenów Wiejskich PAN
Tematy:
spatial diversification
foreign tourist
tourist traffic
province
Polska
Opis:
The article aims to assess the territorial distribution of foreign tourist traffic in Poland and identification of provinces similar with respect to the inbound tourism structure considering the tourists’ country of origin. The analysis used well-known methods of taxonomic analysis. Foreign tourists’ arrivals to Poland are to a great extent spatially diversified. The leading provinces concerning the number of accommodated tourists are Mazowieckie and Małopolskie. The next ones, in view of the intensity of the analysed phenomenon, are the provinces of the western wall, except Lubuskie. The provinces situated mainly on the eastern wall proved to be the least numerously visited by foreign tourists. It should be also noticed that German tourists were particularly fond of the Zachodniopomorskie and Dolnośląskie provinces. Tourists from the other analyzed countries use bed places mostly in the area of the Mazowieckie and Malopolskie provinces. Russian, Ukrainian and Lithuanian tourists provide an exception, since they also travel to Podkarpackie (Ukraine), Lubuskie (Russia and Lithuania) and Dolnośląskie provinces (Russia). Obtained classification of the provinces allowed to divide them into six groups, characterized by a similar structure of foreign tourists using sleeping facilities, but also similar in view of intensity of inbound tourism. The presented results reveal a considerable degree of generality, but still they may provide an example of a simple instrument for conducting similar but more detailed studies adjusted to specific needs.
Źródło:
Infrastruktura i Ekologia Terenów Wiejskich; 2013, 2/IV
1732-5587
Pojawia się w:
Infrastruktura i Ekologia Terenów Wiejskich
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Diversification of University Income – Polish Practice and International Solutions
Autorzy:
Rozmus, Andrzej
Cyran, Karolina
Powiązania:
https://bibliotekanauki.pl/articles/1597420.pdf
Data publikacji:
2012
Wydawca:
Wyższa Szkoła Informatyki i Zarządzania z siedzibą w Rzeszowie
Tematy:
higher education
financing higher education
diversification income
Opis:
In the face of global economic problems European (and not only European) universities are forced to diversify their income. The constant and stable stream of governmental funds for education is beginning to dry up.For the majority of Polish universities the main and noticeably dominant source of income are the revenues from teaching activity. Thus the current diversification of universities’ revenues appears to be just a fiction. The situation is even worse because of both the global economic crisis and the imminent decrease in the birth rate. Polish universities should follow funding models of foreign leaders, who successfully deal with diversification of their revenues. Obviously we cannot compare such universities as Harvard or Oxford with Polish universities, but some of their solutions are worth following. Only by diversifying sources of their revenues will Polish universities be able to compete with the foreign leaders and secure a stable basis for development and use of their potential.
Źródło:
Finansowy Kwartalnik Internetowy e-Finanse; 2012, 8, 4; 64-75
1734-039X
Pojawia się w:
Finansowy Kwartalnik Internetowy e-Finanse
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The impact of the diversification of revenues on NGOs? commercialization: evidence from Poland
Autorzy:
Mikołajczak, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/22446460.pdf
Data publikacji:
2018
Wydawca:
Instytut Badań Gospodarczych
Tematy:
commercialization
NGOs
financial sources
revenue diversification
Opis:
Research background: The commercialization of non-governmental organizations through undertaking an activity based on the commercial sale of services and products is a phenomenon which raises controversy among numerous researchers. Traditionally, NGOs act in a sector of social services to solve problems, such as homelessness, exclusion or social pathologies. They also provide different services which cannot be provided by the market, for instance in education, the healthcare system, culture, or art. Driven by a social mission, NGOs introduce their concepts, strongly relying on fees to perform their activity. They also obtain funds in the form of public donations or payments from private or institutional donors. Growing social needs and changes in the governmental policy aimed at reducing social-aid spending have put pressure on NGOs to develop entrepreneurial strategies to gain financial support. Purpose of the article: The aim of the paper is to investigate how particular funding sources affect the probability of non-governmental organizations? commercialization. Methods: Data for the analyses have been collected from a national survey of Polish non-governmental organizations. In the analysis of logistic regression, a specially-developed model was used to estimate the probability of NGOs? commercialization, depending on the selected categories of funding sources. Findings & Value added: An analysis of the results indicates clearly that the likelihood of NGOs? commercialization slightly decreases as a greater number of private external financial sources is used. In contrast with existing literature, which claims that government funding is crowding out commercial activity, this research finds that, to some extent, public funds positively stimulate the commercialization of NGOs. The contribution of this research is that it introduces the category of internal financing sources of non-profit organizations, which have been overlooked in previous studies. The article provides clear statistical arguments demonstrating that private internal revenues strongly affect the commercialization of the organizations surveyed. The paper is the first to present a model that comprehensively considers the probability of NGOs? commercialization, including private external and internal, as well as public, sources of funding.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2018, 13, 4; 761-779
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Managerial decisions on the nature and scale of corporate activity diversification in the construction sector
Autorzy:
Ginevičius, Romualdas
Powiązania:
https://bibliotekanauki.pl/articles/1819002.pdf
Data publikacji:
2020
Wydawca:
Politechnika Białostocka. Oficyna Wydawnicza Politechniki Białostockiej
Tematy:
corporate activity diversification
construction sector
success factors
diversification measurement
dywersyfikacja działalności korporacyjnej
sektor budowlany
czynniki sukcesu
pomiar dywersyfikacji
Opis:
Corporate activity diversification is a promising but at the same time risky condition of a company’s adaptation to the business environment. Effectiveness of diversification processes in enterprises may be achieved by research in the following areas: development of methods of internal and external business environment analysis as a basis for diversification decisions; understanding the dependence of the scope and nature of corporate activity diversification on the market situation; providing sciencebased advice for the management of diversified companies, especially large ones; improvement in the methods of diversification measuring so that a complex analysis of the diversification process would become implementable. Based on the study of the Lithuanian construction sector, this paper seeks to provide new insights into the following aspects of corporate activity diversification: preconditions and conditions for deciding on corporate activity diversification; the problem of the scale and nature of diversification; organisational management conditions for the success of diversification projects. Furthermore, an in-depth discussion of the problematic of measuring the achieved level of diversification is offered.
Źródło:
Engineering Management in Production and Services; 2020, 12, 3; 7--17
2543-6597
2543-912X
Pojawia się w:
Engineering Management in Production and Services
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Revenue diversification and quality of loan portfolio
Autorzy:
Githaiga, Peter Nderitu
Powiązania:
https://bibliotekanauki.pl/articles/2019178.pdf
Data publikacji:
2020
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Quality of loan portfolio
Revenue diversification
Nonperforming loan
Banking sector
Hirschman–Herfindahl index
Opis:
Aim/purpose – This paper aims at examining the impact of revenue diversification on the quality of loan portfolio. The interest has been stimulated by the growing appetite for nontraditional activities among banks due to the declining interest income and rising nonperforming loans. Design/methodology/approach – The study considers a sample of 67 countries and quarterly banking sector financial reports over the period 2016Q1-2018Q4.The data are extracted from the International Monetary Fund Financial Soundness Indicators (FSI) database and are analysed through fixed effect regression as supported by the Haus-man test. Findings – The study finds that revenue diversification impairs the quality of the loan portfolio. The findings are attributable to loss of focus, lack of expertise in managing non-lending activities, and possible agency problems. Moreover, the study controls for several banking sector-specific factors that affect the quality of loan portfolio. The results show that credit growth and banking sector performance improve the quality of loan portfolio quality. However, the banking sector capitalisation and cost efficiency lower the loan portfolio rate, but the banking sector size has no significant effect. Research implications/limitations – Based on the findings, the study recommends that practitioners and regulators focus on innovative loans appraisal and monitoring practices instead of diversifying into non-interest generating activities. Originality/value/contribution – Unlike previous studies that focused on the relationship between income diversification and bank performance, this study contributes to the literature by examining the relationship between revenue diversification and quality of loan portfolio, thus bringing in a new insight into the bank revenue diversification debate.
Źródło:
Journal of Economics and Management; 2020, 42; 5-19
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
EASTERN EUROPEAN EQUITY MARKETS AND THE SUBPRIME CRISIS. DOES EMERGING EUROPE STILL OFFER DIVERSIFICATION BENEFITS?
Autorzy:
Niemczak, Kinga
Powiązania:
https://bibliotekanauki.pl/articles/599537.pdf
Data publikacji:
2010
Wydawca:
Wyższa Szkoła Informatyki i Zarządzania z siedzibą w Rzeszowie
Tematy:
DIVERSIFICATION
EASTERN EUROPE
INVESTMENTS
STOCK MARKETS
Opis:
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.
Źródło:
Finansowy Kwartalnik Internetowy e-Finanse; 2010, 6, 3; 47-63
1734-039X
Pojawia się w:
Finansowy Kwartalnik Internetowy e-Finanse
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
One Company – Many Worlds. Activity Diversification within Business Entities: the Example of Dolnośląskie Voivodeship
Autorzy:
Raczyk, Andrzej
Powiązania:
https://bibliotekanauki.pl/articles/2107015.pdf
Data publikacji:
2020-06-24
Wydawca:
Uniwersytet Pedagogiczny im. Komisji Edukacji Narodowej w Krakowie
Tematy:
business entities
economic activities
Dolnośląskie Voivodeship
internal diversification
Opis:
One of the significant problems related to business entities is the implementation of a number of different types of activity by individual companies. This issue, despite being relatively well researched among individual or groups of businesses has yet to be studied comprehensively. This is due to the fact that the vast majority of studies focus only on the predominant type of activity declared at the time of company registration. The objective of this research was to identify regularities in the number and structure of activity types within individual business entities in Dolnośląskie Voivodeship. The survey covered all entities actively operating in the region - almost 176 000 in total. The study examined all types of activity carried out (according to PKD 2007 including the subclass level) as well as their location (by gmina). The research was based on data from the Central Register and Information on Economic Activity. The study showed that the population is dominated by those conducting many different activities - about 8.2 per company on average. The inclusion of all (and not just dominant) activities affects the observed economic structures, including the spatial dimension.
Źródło:
Przedsiębiorczość - Edukacja; 2020, 16, 1; 290-301
2083-3296
2449-9048
Pojawia się w:
Przedsiębiorczość - Edukacja
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Estimation of the diversification effect in Solvency II under dependence uncertainty
Autorzy:
Wanat, Stanisław
Konieczny, Ryszard
Powiązania:
https://bibliotekanauki.pl/articles/949688.pdf
Data publikacji:
2017
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
diversification effect
Solvency Capital Requirements
risk aggregation
VaR bounds
Opis:
The paper focuses on the problem of the accurate estimation of the diversification effect in the process of determining Solvency Capital Requirements (SCRs) in Solvency II. First, the method of determining SCRs in Solvency II is briefly characterised, the role of dependences for the correct specification of the diversification effect is presented, and a diversification ratio is defined. This is followed by an analysis of the use of this ratio of the diversification effect sensitivity to the dependence structure based on an example of life and health underwriting risk. The cases of lacking knowledge, partial knowledge (of a correlation coefficient only) and full knowledge are considered (it has been assumed that variables are independent and comonotonic). Dependence structures are modelled using copulas. The article shows that without identifying the actual dependence structure, the application of the standard formula in accordance with Commission Delegated Regulation (EU) 2015/35 may lead to the incorrect estimation of the diversification effect, and it indicates (based on a simulation analysis) the size of possible errors.
Źródło:
Financial Sciences. Nauki o Finansach; 2017, 4(33); 89-108
2080-5993
2449-9811
Pojawia się w:
Financial Sciences. Nauki o Finansach
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Tourist activity: international and domestic diversification and the problem of social exclusion
Autorzy:
Alejziak, Wiesław
Powiązania:
https://bibliotekanauki.pl/articles/627246.pdf
Data publikacji:
2011
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
tourist activity
international comparisons
social diversification
social exclusion
cluster analysis
Opis:
This article presents the international and domestic diversification of tourist activity. In the former case, it focuses on analyses of the general level of tourist activity, expressed in the ‘tourist activity rate’, while with regards to the inhabitants of Poland, analyses were conducted on the diversification of tourist activity across various socio-demographic categories. For international comparisons, the wide-ranging research conducted by EUROSTAT in 2011 on representative samples of the inhabitants of 32 European countries was used. The diversification of Polish tourist activity in the context of social exclusion, on the other hand, is presented on the basis of the author's research and calculations. Statistical analyses were employed: Kendall's Tau-b rank correlation coefficient and cluster analysis.
Źródło:
Turyzm; 2011, 21, 1-2; 7-16
0867-5856
2080-6922
Pojawia się w:
Turyzm
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
EXPORT DIVERSIFICATION AND ECONOMIC GROWTH IN TRANSITION: LESSONS FROM THE 2008 FINANCIAL CRISIS IN CEE
Autorzy:
Gurgul, Henryk
Lach, Lukasz
Powiązania:
https://bibliotekanauki.pl/articles/453116.pdf
Data publikacji:
2013
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Tematy:
export diversification
economic growth
CEE transition economies
Opis:
This paper examines the role of export diversification for economic growth in CEE transition economies. The results prove that before the outbreak of 2008 financial crisis export specialization rather than diversification was an important growth factor, especially in those countries which followed more specialized export patterns. However, after the outbreak of the crisis the direction of this causal link changed essentially. All three main aspects of export diversification turned out to play a significant role in reducing the growth slowdown effects of the 2008 financial crisis.
Źródło:
Metody Ilościowe w Badaniach Ekonomicznych; 2013, 14, 1; 137-149
2082-792X
Pojawia się w:
Metody Ilościowe w Badaniach Ekonomicznych
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Together but separately: An attempt at the process of class diversification among Polish peasantry
Autorzy:
Gorlach, Krzysztof
Klekotko, Marta
Powiązania:
https://bibliotekanauki.pl/articles/413652.pdf
Data publikacji:
2010
Wydawca:
Łódzkie Towarzystwo Naukowe
Tematy:
peasantry
family farms
market position
class consciousness
diversification
Opis:
The authors try to examine the class diversification hypothesis in the context of recent social and economic changes occurring in the community of family farm owners/operators in Poland. Basing on three consecutive national research conducted respectively in 1994, 1999 and 2007 the processes of diversification have been analyzed. They are observed on the level of changing market positions of farms as well as on the level of class consciousness of the owners/operators, and on the level of strategies preferred by them to defend their interests. The analysis of research results leads to the conclusion that the discrepancy between the group of business-type farms with visible elements of “capitalist consciousness” and the group of rather marginalized ones with lack of “capitalist consciousness” might be observed.
Źródło:
Przegląd Socjologiczny; 2010, 59, 2; 109-125
0033-2356
Pojawia się w:
Przegląd Socjologiczny
Dostawca treści:
Biblioteka Nauki
Artykuł

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