Laszlo Vasa

Széchenyi István University, Gyor · Management Campus

HPWS is currently perceived as potential source of the competitive skills, capabilities and knowledge of human resources. This study aim to illustrate how high-performance work systems (HPWS) offer the foundation for strategic business performance (SBP) through the mediating function of organizational flexibility and contextualizing manufacturing f...

Entrepreneurial activities constitute a critical antecedent to urban innovation (UI), which reflects the levels of innovation and creation activities in cities and is strongly related to their economic development. Existing research on UI focuses on the net effects of individual explanatories in isolation while leaving the synergistic effects betwe...

The paper proposes an approach to the integrated assessment of the social responsibility of EU countries with a combination of data from three international indices most relevant to the monitoring of social responsibility at the macroeconomic level: the Global Sustainable Competitiveness Index, the Sustainable Development Goals Index and the Social...

Sustainability and digitization have become significant parts of the global economy in recent years. Numerous studies examine the relationship between sustainability's environmental concerns and digitization. In contrast, few studies address the topic of organizational, environmental, and socioeconomic sustainability's integration with digital tech...

Background: Social enterprises must balance between profitability and sustainability. The impetus on sustainability grew further after the adaption of the SDG agenda by the United Nations (UN). Objective: This paper examines the role of social enterprises in helping attain sustainable development goals in India. Research design: This multi-sta...

Modern organizations continuously undergo change processes. The focus of the organizations remains on the macro level, but the micro level (i.e., employee’s perspective) is neglected. Using the conservation of resource theory (COR), this study examines the association between organizational change and workplace incivility. This study also proposes...

The study investigates the labour market and economic transformation in Armenia, Estonia, Moldova, and Ukraine. After the 30th anniversary since gaining independence. all 15 former Soviet states demonstrated different speeds and results of economic transition. While Estonia is known as the most successful post-Soviet state, Ukraine and Moldova are...

Global stock markets are incredibly unpredictable. Resource prices have a significant market impact on varying securities. With the use of cutting-edge technology like artificial intelligence, analysts and researchers are employing various machine learning techniques and econometrics methodologies to anticipate stock price trends in order to better...

An individual’s strong inclination toward an important or preferred activity is a critical factor that drives them to engage in corresponding activities. This study focuses on how entrepreneurs, influenced by obsessive passion, are motivated to put great effort into taking advantage of business opportunities and accomplishing entrepreneurial goals....

The article examines the relationship between the size of the shadow economy and indicators of the investment market development. Net inflow of foreign direct investments, volume of net investments in non-financial assets, volumes of portfolio investments, and net outflow of foreign direct investment were used as parameters characterizing the devel...

The paper analyzed the determinants of Working Capital Management (WCM) of listed manufacturing firms across South Asian Association of Regional Corporation (SAARC) countries from 2000 to 2020. Employing a Generalized Method of Moments, we found that operational risk and market risk are key hurdles to efficient working capital management. Our resul...

Non-Governmental Organizations (NGOs), whether international (INGOs) or local (NGOs), are the primary engines of humanitarian assistance in almost all national economies. Food security and these organizations are inextricably linked. They include a wide range of activities that need shared management or ventures to ensure food security in the Gaza...

Because of the enormous beneficial influence that employee retention has on work-related outcomes, it has been the focus of much research for a long time and especially in the field of International Non-Governmental Organizations (INGOs). The importance of highlighting elements that may enhance the beneficial effect of Workplace Fun (WF) and Work-L...

This study investigates the relationship between economic growth, oil price, and circular economy through biomass energy consumption in South Asian countries, examining the possibility of biomass consumption by enhancing economic growth and decreasing oil price. Energy is the backbone of economic growth, while biomass energy resources being the bes...

For a greener society, good corporate environmental information disclosure is crucial. This study empirically examines the influence of media attention and state-owned equity, and their interaction on corporate environmental information disclosure by A-share heavily polluting firms in the Shanghai and Shenzhen stock markets from 2015 to 2019. The r...

The study aimed to determine the factors of social capital (SC) of enterprises that can have a significant impact on achieving sustainable competitiveness. In this regard, the study tested the SEM-analysis method for evaluating hypotheses regarding the influence of factors of relational, cognitive and structural social capital of enterprises on fin...

Although NFTs (non-fungible tokens) and cryptocurrencies are active in the same market, their prices are not so closely related over time. This paper aims to identify the relationship between the two types of assets (NFTs and the cryptocurrencies Ethereum, Crypto Coin, and Bitcoin), using data from September 2020 until February 2022. The study's co...

This article tries to explore consumer attitudes regarding a balanced diet and daily calorie intake monitoring during the COVID-19 pandemic in India. It has become vital to boost people’s immunity because of reoccurring diseases such as COVID-19, Ebola, and other chronic diseases such as diabetes, thyroid disease, etc. Healthy diets are important f...

The research presents an analysis of the food security policy effectiveness on the component of food availability and access in two developing countries, Colombia and Kyrgyzstan, during the period from 2000 to 2018. Determining the state of their food balance trade and the regression analysis for the Food Production Index of the countries, consider...

This research aims to examine the role of eco- tourism of destination ecological, economic branding to enhance the sustainable eco-conscious consumers in an emerging economy. Empirical research investigates the tourism management effects on the image and equity of the city & finally inspects these effects on international visitors across the countr...

The shadow economy is a significant factor in impoverishing the economies of countries and unequal operating and competitive conditions distort the market economy system, as opaque parallel activities impoverish socially responsible business units. The biomass energy sector faces this risk because the biomass supply chain is not yet fully secure an...

Cryptocurrency is the blockchain financial technology used for transactions in financial institutions and exchanges. Bitcoin has attracted much coverage from investors and commentators as it represents the maximum market capitalization on a crypto-currency exchange. The study aims to determine the correlation between the daily log-returns and to un...

The Polish economy is facing a huge challenge regarding the future of energy in Poland. The current energy system is very inefficient, it consumes huge resources that, like countries with high energy efficiency, could be allocated to the development of low-carbon and renewable energy networks. At the moment, the Polish energy sector, related to the...

Economic security can be considered as an economic aspect of the life of an individual or household that provides the opportunity to achieve financial stability and improve living standards. In this context, understanding the impact of economic affordability of food on the economic security of the country is of great importance. The authors propose...

Monetary policy uncertainty (MPU) not only imposes a great impact on the systematic financial risks of a country but also generates a significant spillover effect on countries having close economic exchanges with the former under the background of global economic integration. With the daily return rates of 64 listed financial companies in China fro...

Developing food supply chains in the African agriculture could be one of the keys for higher value-added activities and for the fair income of the stakeholders along the chains. Our research aims to investigate how these agricultural value chains are working in Northern Ghana and how to develop them. To estimate meat demand in the Tamale Metropolis...

The management process of fiscal policy incorporates a wide analysis of various factors. The dynamic financial approach should be applied in deciding the level of centralization. The article offers the usage of the multicriteria method in selecting fiscal variables as a new instrument for financial evolution. In this article, the hypothesis of dece...

The purpose of this work is to identify the functional links between key indicators of scientific activity and socio-economic development and to check whether the quality of scientific activity and the dynamics of innovative development are the key determinants of socio-economic progress. Following the chosen methodology, the paper forms an array o...

The theoretical frameworks of economic growth are considered, and key indicators for assessing the economic development of regions are identified. A cluster analysis of Kazakhstan's regions was conducted, according to a set of economic growth factors. Based on the results of the analysis, a classification of the country's regions is proposed. The l...

This research focuses on an analytical review of the scientific literature to select appropriate methods and evaluate the impact of financial technologies on economic growth. Since non-cash payments can be affected by various factors, there is a great variety of studies relating to them in the scientific literature. However, existing scientific pap...

The concept of resilience has been utilized to examine more complex ecological and socioeconomic systems such as agri-food systems in developing countries. Gaza has one of the high unemployment rates globally, therefore keeping people imprisoned in poverty and dependent on external support to existing. The strategy for poverty reduction in Gaza pri...

The aim of the study is to analyze and forecast the use of payment cards for making non-cash payments through national payment systems in Kazakhstan. Based on this goal, a hypothesis was put forward that in Kazakhstan, there is a relationship between the number of payment cards and the volume of non-cash payments. This hypothesis was confirmed beca...

Research background: Previous studies on the economic and social development of urban agglomerations mostly focus on a single primacy comparative analysis and efficiency evaluation. Spatial structure differentiation is an important feature of urban agglomeration. The lack of economic and social analysis on the spatial structure makes it impossible...

Uganda is one of the few African countries praised by the World Bank, the International Monetary Fund and the international financial community for its reduction in the government’s economic role and its economic policies on privatization and currency reform. The Ugandan financial sector is based on commercial banks, credit institutions, deposit-ta...

Especially relevant at the present time is the study of the impact of the global crisis – a pandemic caused by the infection COVID-19 on the countries and the world's sustainable development. The consequences of the popular trend of globalization, a certain closedness of the principles of capitalization, and, of course, the impact of the global cri...

Generally, research and studies about commodities focus on price trends, analysis in terms of international competitiveness, market position structure, rate of net exports, market share, and concentration index. This paper has developed an analysis of the most influential agricultural commodities traded from Colombia to European Union, which are ba...

The COVID-19 pandemic has accelerated the development of FinTech and the transition to cashless payments of the population of various countries, including Kazakhstan. For provision of cashless payments there are created platforms which work in NFC & MFS systems, they protected by security protocols (Secure Element (SE)) and allow to store confident...

As international trade activities are increased, there are more regulative practices which might be barriers to trade. One of such hindrances is exchange rate volatility that affects trade activities both directly and indirectly. Exchange rate volatility of currencies can affect the trade engagements and as well as the trade balance of a country. O...

The links between the migration of highly skilled workers and economic growth (in terms of GNI per capita) and the competitiveness of countries have been studied. The study is based on statistics from developed countries and using correlation-regression analysis and modelling, as well as cluster analysis using the package of processing and analysis...

The problem of product and process planning analysed so far is how we can take advantage of our strategy in planning. Among the principles of manufacturing and service management concepts is that after planning demand, planning transformation is one of the key steps of integrated efficiency; it makes it possible to save costs that are not value add...

Changes in tourists’ behavior in recent times have been considered a driving force for emphasizing the importance of unpopular tourism destinations as one of the key potentials in the tourism industry in any nation. On the road to reviving unpopular tourism destinations, this study aims to identify the potential tourism aspect and development of th...

Tádzsikisztán az öt közép-ázsiai ország legszegényebbike, a gazdaság kibontakozását több természeti és társadalmi tényező is nehezíti. Az utóbbi években mindazonáltal figyelemreméltó felzárkózás indult meg, gazdasági növekedése még a koronavírus-járvány okozta nehézségek ellenére sem fordult negatívba. Az ország digitális szektora szintén dinamikus...

The study examines the liabilities as a share of the GDP of the municipal subsystems of public finances and the organisations owned by them in EU Member States between 2013 and 2018. The main goal of the current study is to characterise the EU Member States regarding the examined two areas. Additionally, we analysed the connections between the enti...

The current business environment characterized by high uncertainty, volatility, and stiff situation of competitiveness that is evident in almost every sector has increased the importance of workplace innovation for contemporary businesses. In this regard, a considerable attention in realizing employees of an organization as a source of innovation i...

A major foreign economic partner for Hungary is the Turkic Council whose member-states are Central Asian and Caucasian Turkic-speaking countries. The often-criticized cooperation, sometimes identified with obliterated Turanic sympathies, is in fact a most logical and organic part of the multivectoral strategy of Hungary’s foreign economic policy. T...

The study seeks to answer the question of what strategic directions and opportunities we have for business in the midst of the info-communication changes of our time. In this research, we compare the results of non-representative primary research (cluster analysis and discriminant analysis) with the factors and latest methods of e-commerce or even...

Commuting, defined as daily traveling for employment purposes, has gradually grown in importance in the past decades in Eastern European countries. According to Eurostat, although the freedom of movement may have encouraged cross-border commuting in the EU, it accounted just for 0.9 % of the EU-28 workforce. Between the highest number of cross-bord...

Purpose: The rules of International Commercial Terms (Incoterms) define the important element of the international sales contract, the so-called parity. The parity means the place, where the cost and risks are handed over from the seller to the buyer. In this paper, we would like to answer to following questions: What are the principles of the term...

Purpose: The paper aims to investigate the role of all types of networking on SMEs' internationalization process in general. Then, to compare SMEs' networking approaches in the selected three countries and their main differences in terms of network creation and operation. Finally, to report effective SMEs' internationalization practices in Malaysia...

Abstract: Purpose: This study suggests introducing two new institutions in Vietnam, the Public Warehouse, and the Commodity Exchange. Based on these institutes, recommends three commodity-financing methods for financing agricultural commodities, the classical public warehousing-based Lombard financing, the combined version of this with commodity ex...

The article discusses priorities of research and innovative development of Russian regional capitals-the largest cities. This topic is particularly important in the current Russian context: regional capitals, being actively involved in globalization processes, need to enhance their competitive edge and adopt new digital technologies in order to res...

: This paper analyzed the debt of municipal subsystems of public finances and the organizations they own compared to EU member countries' GDP during the 2013-2018 period. Our study's essence is to characterize the EU member states based upon the two areas of investigation. We also analyzed the relationships between the liabilities of the entities,...

Groups organized on the basis of voluntary cooperation play a significant role in the financial systems of sub-Saharan African countries. Following the success of the cooperative movement and the Grameen model, self-organized microfinance organizations have spread across the continent. In our study, we examine the role of self-organizing groups thr...

The survey of relevant professional literature reveals the increasing scholarly attention paid to the phenomenon of overtourism while singling out Budapest as one of the most affected urban areas. One potential explanation is that such situation developed due to the decreasing ability of central districts to absorb the growing visitor load along wi...

This study aims to examine the impact of COVID-19 and sustainable e-commerce in Hungary and Kenya. COVID-19 has devastated the global economy, resulting in financial and job losses. Routine changes in spending have moved the focus from non-essential to essential items, due to the impact of COVID-19, the associated economic meltdown, and the deterio...

The article discusses the initial role of the Shanghai Cooperation Organization (SCO) in Central Asia and the latest development trends, as well as possible scenarios for its transformation in the future, with a special focus on Central Asia. The enlargement of the SCO in 2017 enhanced its geopolitical weight and expanded opportunities for further...

The adoption of new of Information and Communication Technologies (ICTs) in farming activities becoming crucial for developing countries in order to meet the challenges of rapidly growing populations, urbanization and arable agricultural land declination. Because of it, each farmers’ organization or farmer has to concern their agricultural products...

The ecological footprint of Hungary is close to the European average and we expect further growth. The projects of the Széchenyi 2020 program and the Hungarian Multinational Oil and Gas Company (MOL) promote the development of the green economy provide significant subsidies. The depletion of petroleum-derived fuel and environmental concern has prom...

Social media is a relatively new player in the online labour market, with an increasingly important role among the younger generation. The aim of this research was to assess the job search habits and opinions of young people, particularly university students. The survey was conducted on the students in Austria and Hungary via e-mail and social medi...

The Council of the European Union adopted in June 2019 its new EU Strategy on Central Asia. Besides the Eastern Partnership, the Central-Asian region is one of the most relevant areas for the EU, so determining and shaping its development priorities were of paramount importance. In this study, based on the developments and feedbacks in recent month...

Examining cycle theories calls our attention to the fact that tourism will be described by descending and ascending curves within certain periods in the future. According to cycle theories, the downturn in the tourism industry will continue from four to five years. According to the study conducted by the authors, domestic tourism will become more i...