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RESTRUCTURING MANAGEMENT. MODELS - CHANGES - DEVELOPMENT

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Payment, clearing, and settlement services are undergoing revolutionary transformations by the advent of cryptocurrencies. Although these alternative modes of payment provide various advantages to users, however they entail anonymity and pseudonymity, since the transactions are performed by the exchange of tokens through a decentralized blockchain platform and involved parties are identified by a unique string of random numbers instead of personal information.
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Cryptocurrency is a commonly used term in the current world, and the COVID-19 pandemic has indirectly increased the awareness and the investor base for cryptocurrencies. Various research has been conducted to understand the complex working structure of these investment options and to analyse the volatile nature of cryptocurrencies. There are multiple factors and triggers that impact the price movements in the crypto market. Classifying these factors would help streamline the process of analysing these factors for further studies. These factors cause both positive and negative impacts on the price fluctuations. Classifying the major factors under the period of impact will help understand each factor's role in the market. This classification would help in the diagnostic and prescriptive analysis of cryptocurrencies. In this research, well-cited and published research papers, journals, and articles have been studied to classify some of the major factors affecting cryptocurrencies carefully. A model has been created to easily comprehend the classification of factors based on time of impact. This model simplifies the understanding of the factors and would help conduct further analysis on these factors.
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Private companies are the main place of work for the Poles, so you should analyze their development. Therefore aim of this article is to present the current determinants of development of private enterprises. Therefore analyzed the distribution of business conditions that affect the proper functioning and development of enterprises. In addition, characterizes the main elements, such as competitiveness and efficiency of management, having a direct bearing on the reasonableness of a particular activity. Also presented the current barriers to enterprise development in Poland. The article in its entirety gives a picture of the most important elements influencing and determining the activities of private enterprises.
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The main aim of the paper is to understand how managers of creative industries (CI) decide on the use of ambidextrous solutions. Managerial actions of business managers of CI enable to connect the volatility and variability of the environment with the high level of creativeness that this requires. As such, it is interesting to study how these managerial actions are decided is of utmost importance, especially in a volatile and subjective environmental context as it seems to be the one of CI (Banks et al., 2000). We aim at investigating the managerial practices that enable to find the balance between the simultaneous pressure on innovativeness and the effectiveness of the actions taken. We wanted to know the way managers deal with the paradoxes that can result. We interviewed managers of 10 companies located in a second tier group of countries, where for governments, CI are apparently strategic, but where the value they add and the jobs they can create can still be improved. Results show that there are two main paradoxes in terms of managerial actions – the priority in relations (external or internal) and the approach to strategy (flexibility or planned actions). Results also show that in what concerns strategy formality and external priority in relations there are consistencies in the degree of strategy formalization. However, in what concerns the practices used in shaping the internal relations, there is no consistency identified in our sample. Our overall conclusions are that companies are more and more moving away from the traditional option of informal approach, focused inward to a more hybrid approach in which formal focus outward is also considered. This confirms the thesis that ambidexterity is becoming a characteristic of the companies in the CI sector. © 2018, Czestochowa University of Technology. All rights reserved.
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Sociologists believe that the hospital is a social system based on bureaucracy and hierarchy. Hospitals have the characteristics of bureaucratic organizations with levels of management and staffing. Each social system has to complete the tasks of the organization. In the hospital system, patients need internal system of interactions to be defined. Any new patient also needs the attention of doctors and nurses. Within the hospital system, there is a significant interactions between people. As a result of the interactions between the different units of the hospital, there are tensions and conflicts that need to be addressed with a good and proper approach to these pressures. This book defines roles, duties and solution to any probable problem within the hospital.
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Following the increasing popularity of business model canvas, we are exploring one of its components, i.e. key activities in order to identify their types and specific activities undertaken within them. As an empirical background a video game industry is used. The research investigation follows a qualitative approach using semi-structural interviews. The research was carried out on thirteen Polish video game developers. Given that video game developers do differ in terms of adopted monetization models (i.e. premium, freemium, or hybrid) the investigation considers key activities depending on the type of adopted monetization model. The research results reveal fourteen key activities and more than thirty actions within these key activities. The vast majority of them refer to relational aspects, e.g. customers' retention, customer relationship management, or gaming community management. However, the specific types of both differ regarding the type of the adopted monetization model. For instance, only developers applying premium model show at key activities related to strategic management and human resource management. At the same time, only developers with freemium model identify key activities related to "selective" customer relationships management, while those with hybrid model the most often point out the key activities related to intra-industry networking.
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Celem pracy jest analiza stanu wiedzy dotyczącej kluczowych czynników sukcesu (KCS) konkurencyjności przedsiębiorstw i przedstawienie teoretycznego, autorskiego modelu dla polskich przedsiębiorstw przyszłości. Pierwsza część rozdziału zawiera analizę literatury na temat cech charakterystycznych celów organizacji i KCS oraz wzajemnego ich związku. Przedstawiono typologie źródeł tych czynników występujące w literaturze. W drugiej części zaprezentowano metody badania KCS i ich ewolucję. W ostatniej części określono wyzwania jakie pojawią się w trzeciej dekadzie XXI w. dla polskich organizacji gospodarczych i zbudowano teoretyczny model KCS przedsiębiorstw przyszłości, uwzględniający wspomniane wyzwania. Zawiera on cztery obszary (kapitały) źródeł KCS (technologiczny, finansowy, intelektualny, kulturowy) otaczające trzy wymiary wzrostu KCS
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Cryptocurrencies are among the largest unregulated markets in the world. We find that approximately one-quarter of bitcoin users are involved in illegal activity. We estimate that around $76 billion of illegal activity per year involve bitcoin (46% of bitcoin transactions), which is close to the scale of the U.S. and European markets for illegal drugs. The illegal share of bitcoin activity declines with mainstream interest in bitcoin and with the emergence of more opaque cryptocurrencies. The techniques developed in this paper have applications in cryptocurrency surveillance. Our findings suggest that cryptocurrencies are transforming the black markets by enabling “black e-commerce.” Received June 1, 2017; editorial decision December 8, 2018 by Editor Andrew Karolyi. Authors have furnished an Internet Appendix, which is available on the Oxford University Press Web site next to the link to the final published paper online.
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This paper provides a systematic review of the empirical literature based on the major topics that have been associated with the market for cryptocurrencies since their development as a financial asset in 2009. Despite astonishing price appreciation in recent years, cryptocurrencies have been subjected to accusations of pricing bubbles central to the trilemma that exists between regulatory oversight, the potential for illicit use through its anonymity within a young under-developed exchange system, and infrastructural breaches influenced by the growth of cybercriminality. Each influences the perception of the role of cryptocurrencies as a credible investment asset class and legitimate of value.
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We develop bespoke rational bubble models for Bitcoin and cryptocurrencies that incorporate both heavy tails and the probability of a complete collapse in asset prices. Empirically, we present robustified evidence of bubbles in Bitcoin and Ethereum. Theoretically, we show that liquidity risks may generate heavy-tails in Bitcoin and cryptocurrency markets. Even in the absence of bubbles dramatic booms and busts can occur. We thus sound a timely note of caution.