Financial Economics - Science topic

The effectiveness of the reporting system is a topic of hot debate. It’s unclear how many criminal investigations SARs generate. Some researchers also worry that reporting entities are unnecessarily burdened. Reporting entities themselves sometimes also wonder what it is all for. They complain that follow-up feedback is often lacking. Meanwhile the...

Dear colleagues, The fields of Corporate Finance and Financial Economics have seen significant growth and development in recent years, and there is growing interest in understanding the impact of technology, big data, and artificial intelligence on financial markets and financial decision making. The goal of this Special Issue is to provide a plat...

econometrics and application You can see the details at https://www.ritha.eu/series/SERITHA/books/GEA

This article aims to investigate the presence of herding behavior in artificial intelligence (AI)–themed cryptocurrencies following the launch of ChatGPT. The authors analyze daily data from major AI-themed cryptocurrencies between November 2022 and February 2023. This study finds evidence of irrationality among investors in this market segment who...

Erläutert und bewertet wird der aktuelle Stand der neuen EBA-Vorgaben zum Zinsänderungsrisiko im Anlagebuch, Schwerpunkt "Supervisory Outlier Test" (SOT)

IntechOpen Book Series Business, Management and Economics, Volume 7 Aims and Scope of the Series This series will provide a comprehensive overview of recent research trends in business and management, economics, and marketing. Topics will include asset liability management, financial consequences of the financial crisis and covid-19, financial acc...

Eine nachhaltige Transformation benötigt auch die Unterstützung der Finanzmärkte. Mit unterschiedlichen Instrumenten versucht die nachhaltige Finanzwirtschaft den Sektor umzubauen. Welche Bedeutung haben dabei der Ansatz der Impact Finance oder Sustainable Fintechs?

The Asian financial crisis with a marked fall in the value of the Thai currency (Bath), initially a currency crisis was followed by a financial crisis in non-bank financial institutions which had to be closed due to bankruptcy. The economic crisis was followed and spread to South Korea, Malaysia, Indonesia, the Philippines, Singapore and other Asia...

The construction industry is one of the most dynamic, risky, and challenging businesses. The number of risks present invariably goes beyond those found in other industries. The research was conducted with the aim of exploring the various risk factors affecting late execution of construction projects in the Central region of Ghana. Purposive samplin...

This paper analyzes the macroeconomic and distributional implications of central banks' decisions to raise interest rates after a prolonged period at near the Zero Lower Bound (ZLB). The main goal of our study is to assess the interaction between monetary policy, inequality, and financial fragility, in a financialized economic system. Financializat...

Se trata de El buen mueble S.A., es una empresa con domicilio fiscal en la ciudad de Portoviejo, que se dedica a la venta de mobiliario de oficina. Tablas de amortizaciones

Effective management of industrial companies in the conditions of modern challenges contributes to the achievement of tactical and strategic goals of technological development of enterprises. In the theory and practice of industrial economics, a special place is given to environmental management, which includes operational environmental management,...

Describes some results in Financial Economics and firm Financial/Strategic Management in real markets

p>This study examined several PSEi breakpoints to determine if COVID-19-related headlines or events cause significant stock market breaks. From December 2, 2019 to May 5, 2022 (T=632), time-series data revealed that the stock market performed the worst during the first four months of 2020. Regression with ordinary least squares on PSEi values revea...

This study investigates the maturity structure of listed non-financial Brazilian companies from 2010 to 2019 and reveals that these companies do not spread their debt maturities upon renewal, unlike the results observed by Choi et al. (2018)Choi, J., Hackbarth, D., & Zechner, J. (2018). Corporate debt maturity profiles. Journal of Financial Economi...

This study investigates the maturity structure of listed non-financial Brazilian companies from 2010 to 2019 and reveals that these companies do not spread their debt maturities upon renewal, unlike the results observed by Choi et al. (2018)Choi, J., Hackbarth, D., & Zechner, J. (2018). Corporate debt maturity profiles. Journal of Financial Economi...

Exploring the relationship between finance and economic growth is a key direction of financial economics. However, most of the literature starts from the aggregate perspective and uses the GDP or per capita GDP as the explained variable to study the role of finance. Such a perspective ignores the heterogeneity of financial activities with respect t...

Aims & Scope: Energy storage systems are made possible by incorporating distributed energy sources into the transmission network. To meet the expectations of increasing electricity consumption, contribute to reduction efforts, and create political and social advantages for ecological sustainability, renewable sources are currently being implemented...

Previous studies have confirmed that the Iraqi financial market has had an impact on the economy, both directly and indirectly, over the past few decades through its role in mobilizing financial resources from surplus units to deficit units, especially after the significant progress in the general index of the Iraqi stock market. The study aimed to...

Causal Inference plays an significant role in explaining the decisions taken by statistical models and artificial intelligence models. Of late, this field started attracting the attention of researchers and practitioners alike. This paper presents a comprehensive survey of 37 papers published during 1992-2023 and concerning the application of causa...

This study aimed to examine macroeconomic factors such as economic growth, inflation, money supply, unemployment rate, and world oil prices as moderating variables on the growth of corporate Islamic bonds (sukuk) in Indonesia. The method of analysis in this research was quantitative causality with an analytical approach. The analysis technique used...

This study aims to explain and analyze the effect of product market competition, financial leverage, and risk of financing on the stability of Islamic banks in Indonesia in 2018-2022. The sampling technique used is Islamic banks listed on the Indonesia Stock Exchange. Source of data obtained from the annual report of each bank. The analytical metho...

Quantitative techniques play a crucial role in financial economics, as they provide a systematic and objective approach to analyzing and understanding complex financial data. These techniques involve the use of mathematical models, statistical analysis, and other quantitative tools to make informed decisions in the field of finance. One key aspect...

During the development of socioeconomic systems with a certain periodicity, there arise crises initiated by the impact of political, financial, economic, epidemiological, and other nature events. Over the past few years, the global community faced the spreading and destabilizing effects of COVID-19 on all areas of life, business, production, commer...

From the perspective of historical review, the methodology of economics develops from qualitative to quantitative, from a small sampling of data to a vast amount of data. Because of the superiority in learning inherent law and representative level, deep learning models assist in realizing intelligent decision-making in economics. After presenting s...

Today, sustainability is a serious concern of many countries. Many changes in the business environment have changed the functioning of organizations, and in fact, the excellence and sustainability of organizations in the current complex and changing conditions requires the use of a new attitude in formulating organizational strategies. The most imp...

Financial economics is an integral part of our daily lives, often influencing our decisions and shaping our future. This multidisciplinary field combines principles from economics, finance, and mathematics to analyze the allocation and management of financial resources. From budgeting and investment choices to retirement planning and risk managemen...

The article identifies problems and prospects of using modern technologies of communication management in higher education institutions of Ukraine. It is noted that the main manifestation of crisis phenomena in Ukrainian higher education has certain socioeconomic features associated with insufficient response to the influences of external environme...

The article is aimed at studying the features of formation of the system of economic security of enterprise, taking into account the risks that arise under conditions of digital transformation. When analyzing, systematizing and generalizing scientific works of many domestic and foreign scholars, the features of the digital transformation of the ent...

The aim of this study is to investigate how the sustainable green logistics system is impacted by sustainable green logistics activities utilizing a theoretical framework. In the beginning of this research, the elements of green logistics are outlined, along with current changes to this concept. Following an examination of earlier work on green log...

In local government, debt is a key factor determining long-term solvency, stability and the level of fiscal strain. The indebtedness of this sector may affect the quality of life and private businesses alike. Thus, the aim of the article is to examine financial, economic and demographic determinants of local government debt in Europe, as well as to...

The change of times has promoted the rapid development of the economy, and also stimulated the prosperity of the market. As an important component of the economic market, the continuous improvement of the financial economy requires the support of theoretical knowledge in the financial field. As an important theoretical part of financial economics,...

Digitalization contributed to the modernization of public administration, particularly e-government development. The purpose of this study is to determine the role of e-government in improving the efficiency of public administration in Kazakhstan. The research methods are comparative, economic-statistical, and qualitative content analysis. The sour...

Venture capital has literal meaning. It is a form of private equity or financing mechanism. It is a process of investment where investors do investment upon start-ups innovative, realistic and potential ideas. Venture capital has various perspectives of expressions too. Venture capitalists' (VCs) on‐site involvement with their portfolio companies...

Social enterprises are born to social problems solutions without neglecting their financial, economic, and environmental viability. Consequently, in recent years, these ventures have gained strength as a viable and innovative alternative to achieve sustainable development, capable of combining economic growth, social inclusion, and sustainability f...

Introdução: Os termos ‘e-audiologia’, ‘teleaudiologia’, ‘teleprática em audiologia’ e variações, possuem uma característica em comum: avanços tecnológicos na audiologia. Objetivo: O estudo busca avaliar a evolução e desdobramentos da audiologia em modelo remoto no Brasil em comparação a outros países, assim como as vantagens e adversidades proporci...

This paper is interested to evaluate how artificial intelligence (AI) can change the way to do it finance modeling. The fast development of AI, big data, data sciences, neural networks, and graphical models is opening an infinity of opportunities for finance decision makers and academics to a new era under the uses of these alternative technologies...

The correct determination of the energy efficiency (EE) of a complex system is a problematic task that requires the use of specialized methods and approaches. Most often, EE is considered as an indicator of the quality-of-service provision, which most fully corresponds to the technical and economic essence of this indicator. The structural and func...

The study aims to determine the influencing factors and their impact levels on residential land prices. The research investigated 241 officials, real estate investors, appraisers, and real estate brokers on factors affecting residential land prices. Research results have shown 13 groups with 45 factors affecting the price of residential land. The i...

This is a review about financial dependencies which merges efforts in econophysics and financial economics during the last few years. We focus on the most relevant contributions to the analysis of asset markets’ dependencies, especially correlational studies, which in our opinion are beneficial for researchers in both fields. In econophysics, these...

The actuality of the topic lies in the interest in the results of socio-economic activity and the need to increase the current level of achieving sustainable development, which, in turn, requires the improvement of the appropriate methodological and managerial tools. The methodological basis of the article became historical method, method of recons...

Designing dynamic portfolio insurance strategies under market conditions switching between two or more regimes is a challenging task in financial economics. Recently, a promising approach employing the value-at-risk (VaR) measure to assign weights to risky and riskless assets has been proposed in [Jiang C., Ma Y. and An Y. "The effectiveness of the...

Fractional-order differential and integral operators and fractional differential equations have extensive applications in the mathematical modelling of real-world phenomena which occur in scientific and engineering disciplines such as physics, chemistry, biophysics, biology, medical sciences, financial economics, ecology, bioengineering, control th...

Purpose This study aims to quantitatively classify the articles with risk-taking and risk aversion keywords and to investigate whether there is a similar emphasis in articles as parallel to the change in risk appetite in the market in the period before the crisis (bubble period) and after the crisis. Design/methodology/approach In this study, a bi...

Human capital has a central role in economic development and physical capital, which affects economic development. On the other hand, human capital tends to have an accumulative and long-term effect compared to physical capital. The accumulation of human capital is expected to be one of the initial sources of sustainable development. The interrelat...

The aim of the book was to approach the subject according to its various interpretations, starting from methods regarding the effective exploitation of natural resources in the mountain area and the orientation of specific instruments for financial, economic and social inclusion, with a direct orientation towards the dimensioning of national wealth...

This study aims to fill the gap in the literature by specifically investigating the impact of country risk on the credit risk of the banking sectors operating in Brazil, Russia, India, China, and South Africa (BRICS), emerging countries. More specifically, we explore whether the country-specific risks, namely financial, economic, and political risk...

Purpose: The aim is to study the theoretical foundations and practical aspects of the analysis of international migration and identify its impact on the financial and economic cooperation of countries. Theoretical framework: The development of cryptocurrencies by banking institutions operating in the online environment provides for the purchase and...

We develop a methodology that utilizes deep learning to simultaneously solve and estimate canonical continuous-time general equilibrium models in financial economics. We illustrate our method in two examples: (1) industrial dynamics of firms and (2) macroeconomic models with financial frictions. Through these applications, we illustrate the advanta...

This article explores the development of a new business strategy in the Republic of Lithuania that focuses on the processing of waste tires into fuel. An innovative approach has been adopted, which incorporates three interdependent components: managerial, legal, and financial/economic factors. This approach ensures the integration of different leve...

This paper aims to investigate the impact of global financial, economic, and gold price uncertainty indices (VIX, EPU, and GVZ) and investor sentiment based on media coverage news on the returns of Bitcoin and Ethereum during the COVID-19 pandemic. We adopt an asymmetric framework based on the Quantile-on-Quantile approach, which examines the quant...

There are various types of Life Cycle Assessment (LCA) methods to assess the environmental impact of product systems, especially when considering an open framework. In this study, we review LCA types and in a second step investigate these specifically in the context of investment products. We focus on two prominent types, attributional LCA (ALCA) a...

In the conditions of the turbulence of the stock markets, the low level of publicity and transparency of the published information and the increase of uncertainty regarding the future development of socio-economic processes, it is relevant to analyze the relationship between the risk and the yield of the securities of companies that were most vulne...

In the current socio-economic context, pension systems have become a crucial topic in the agenda of governments and international bodies. In this paper, an empirical study regarding the economic and social sustainability of pension systems in Central and Eastern European Countries was performed. The goal of the research is to establish the sustaina...

This paper integrates the Austrian school’s production structure theory and financial market theory, considers the impact of heterogeneity of firms’ production cycles on economic fluctuations, constructs a DSGE model that incorporates production structure, and uses the model to analyse the existence of multiple equilibria and endogenous financial e...

The presentation examines the cruise market through various indicators. Using a database of the cruise ships developed by the Author, the characteristics of the ships and the market share of the various companies (groups) have been analyzed, with the confirmation for 2023 of the oligopoly of this industry. The 2022 financial, economic, and statisti...

Most salient financial literacy frameworks and curricula mainly focus on teaching and learning of simple money management. However, the financial demands placed on individuals today include much more complicated matters, such as buying a home and saving for retirement. Furthermore, financial literacy gives rise to normative questions such as what r...

There is an increasing importance to determine how to use the vast amounts of data available in today's environment to uncover useful insights that will enable better decision making over the long run. Through the use of these insights, it is possible to maximize opportunities, minimize risks, and control costs so as to take advantage of these oppo...

Theoretical background: In the literature on finance there are findings which examine reasons for the fiscal distress of units of the public sector, including local governments. However, this distress might be differently defined. Therefore, it determines both the approach to identify this phenomenon and the types of explanatory variables. Neverthe...

Copulas are widely used in financial economics as well as in other areas of applied mathematics. Yet, there is much arbitrariness in their choice. The author proposes "a natural copula" concept, which minimizes Wasserstein distance between distributions in some space, in which both these distributions are embedded. Transport properties and hydrodyn...

Alzheimer's disease (AD) is one of the leading causes of dementia among older people. In addition, a considerable portion of the world's population suffers from metabolic problems, such as Alzheimer's disease and diabetes. Alzheimer's disease affects the brain in a degenerative manner. As the elderly population grows, this illness can cause more pe...

One of the most effective strategies to mitigate water shortages worldwide is to reuse treated wastewater for freshwater production employing reverse osmosis (RO) technology. This strategy is appropriate in urban areas of arid or semi-arid regions as it can provide a sustainable and reliable water source close to the consumers. One of the drawbacks...

To account for both economic benefits and carbon sequestration, we use a carbon sequestration prediction model to quantify and predict economic benefits. Then, we present the model to predict the economic benefits of the different forest management plans collected, based on which the best forest management plan is selected and optimized. To achieve...

This study investigates the effect of entrepreneurial orientation (EO; one of the most broadly acknowledged firm-level constructs) on the performance of small- and medium-sized enterprises (SMEs). Furthermore, we analyze the moderator effect of creating shared value (CSV) on firm performance. Our analysis was conducted using a structural equation m...

Research background: Endogenous money creation is an inherent feature of today?s economies and widely accepted phenomenon. As the various theories of money rely on the money quantity equation, most empirical research is heading towards the analysis of the two-way relationship between the quantity of money and nominal GDP. In today's world, with the...

Modelling volatility using asset price returns has always been at the forefront of financial economics and option pricing. Observing the conditional variance properties in these asset returns, can be very useful for trend analysis and volatility predictions which are ever needed for trading, portfolio management and financial decision making. The a...

During the development of socio-economic systems with a certain periodicity, there arise crises initiated by the impact of political, financial, economic, epidemiological, and other nature events. Over the past few years, the global community faced the spreading and destabilizing effects of COVID-19 on all areas of life, business, production, comme...

What is the price elasticity of demand for canonical portfolio choice methods in financial economics? Twelve models from the literature exhibit strikingly inelastic demand, in contrast to classical models. This is due to the difficulty of trading against price changes in practice, and is consistent with demand elasticity estimates. This provides a...

In the face of the new Covid-19 variant of Omicron spreading across borders and social, political, and economic instability faced by middle to low-income countries to the lack of decent manufacturing capacity and the lack of the specialized expertise, many low- and middle-income countries are lagging behind in vaccine production. This gap in vaccin...

The article presents a scientific approach to the actual problem of the formation of a full-fledged economic potential (industrial and consumer) of the agro-industrial complex of the northern regions. The key premise of the study is that the content of the economic potential makes it possible to identify not only the dynamics of the accumulation of...

In financial economics, finance, and accounting, the earnings response coefficient, or ERC, is the estimated relationship between equity returns and the unexpected portion of (i.e., new information in) companies' earnings announcements. Development Reasons Use & Debate See also References Arbitrage pricing theory describes the theoretical relations...

In financial economics, finance, and accounting, the earnings response coefficient, or ERC, is the estimated relationship between equity returns and the unexpected portion of (i.e., new information in) companies' earnings announcements. Development Reasons Use & Debate See also References Arbitrage pricing theory describes the theoretical relations...

This article comments on the paper “Less-expensive long-term annuities linked to mortality, cash and equity” by Kevin Fergusson and Eckard Platen, appearing in this issue of the Annals of Actuarial Science . It adds two perspectives to their thought-provoking contribution. The first is a similarity to some recent work in quantitative finance on “de...

The article develops the theoretical and methodological foundations of distance learning in the system of continuous education and its characteristic features (flexibility, modularity, parallelism, long-range action, asynchrony, mass character, economic efficiency, the changed role of the teacher, the new role and activity of the student, specializ...

Instituições de ensino apresentam elevado consumo de água para fins não potáveis, ao mesmo tempo, apresentam edificações com grandes áreas de cobertura, o que propícia a captação de água pluviais para aproveitamento em usos não potáveis. O uso de água pluviais apresenta vantagens sociais, ambientais e econômicas. Neste contexto, este trabalho teve...

Capital Asset Pricing Model (CAPM) is an important theory in financial economics. It was based on Markowitz's Modern Asset Allocation Theory (MPT) and proposed by Sharpe. This model expresses the relationship between risk coefficient, asset return rate, and systematic risks by simple mathematical formulas. The model has four advantages, handling of...

This article reviews the impact of further education (FE) colleges – in particular, mixed economy colleges – on the surrounding environment and community, and attempts to answer the question of whether the mixed economy college can still be considered an anchor in the community. A mixed methods small-scale case study of a medium-sized mixed economy...

p>As indústrias siderúrgicas brasileiras geram, em média, 145 mil toneladas por mês de areia descartada de fundição (ADF) ou resíduos de areia de fundição (RAF), como um subproduto do processo de fundição, impactando meio ambiente, sociedade, as próprias siderurgias e aterros sanitários. Porém, por ser considerado um resíduo não perigoso e muito se...

Purpose: present research aims to investigate and identify the weight and rank of sustainability reporting dimensions and indicators in municipalities. Methodology: For this purpose, the proposed model of sustainability reporting of municipalities was examined and using the opinions of 20 experts, the weight and indicators were ranked using the hie...

Transnational cooperation is taking place at a staggering rate across a broad group of countries commonly referred to as the ‘Third World’ or ‘the South’. To complicate matters more, this cooperation is also taking place in the context of massive technological change, which is remapping the world’s economic geography. According to Dicken (1998), gl...

Zusammenfassung Der Klimawandel und die damit häufiger auftretenden Extremwetterereignisse wirken sich direkt negativ auf die psychische Gesundheit aus. Naturkatastrophen gehen insbesondere mit einem Anstieg von Depressionen, Angst- und Traumafolgestörungen einher. Indirekte Folgen des Klimawandels wie Nahrungsmittelknappheit, ökonomische Krisen, g...

Starting new businesses is important for the social and economic development of each country (Esfandiar et al., 2019; Fayolle & Liñán, 2014). However, research on starting a business has so far been more about clarifying the influence of factors on the intention of starting a business (Duong, 2022; Ghosh, 2022; Loan et al., 2021; Vasilev, 2022; Vuo...

Innovations must be worked into the existing order and then find their place in that order. Rejection, like a transplanted organ, is always possible. Or a long period where it is 'touch and go'. There are at least four ways to represent the existing order in financial economics: (1) mean-variance; (2) capital asset pricing models; (3) no arbitrage...

The idea of sustainability was risen according to climate change since the beginning of industrialization in the 18th century. As consequence, the effect will be physical disasters that lead to disadvantages for businesses. The role of banking as an intermediary makes it an agent of trust. Thus, the proper business conduct of its practice is an obl...

The Global world economy crisis had its roots in the Covid 19 pandemic. The key factors back then were a combination of the macroeconomic processes and initialization in micro economic financial levels. Global trade began to recover from the negative impacts brought by the COVID�19 pandemic in June 2020. As it was obvious for the world’s fina...

Before understanding customers’ perceptions of hotel CSR, it is important to understand service providers’ responses to hotel CSR because they are the key person to implement the CSR strategy. Therefore, this study investigates the structural relationship among multidimensional CSR performance, attitude, emotions, and resultant behaviors as perceiv...