Finance and Sustainability

This volume covers the proceedings of the ZAFIN Finance and Sustainability conference, organized by the Wroclaw University of Economics in cooperation with the Corvinus University of Budapest and the University of Economics in Prague. The authors analyze a variety of issues related to recent finance problems, including corporate finance, public finance, monetary and fiscal policy issues, and risk management. The book also discusses topics related to sustainable finance, the transition to green economies, corporate sustainability and sustainable development. The target audience for this book includes researchers at universities and research and policy institutions, graduate students, and practitioners in economics, finance and international economics working for private or government institutions.

Auteur

Agnieszka Bem is an assistant professor at the Wroclaw University of Economics (Faculty of Management, Informatics and Finance). She holds a master's degree and PhD in economics from the same university. Her main fields of research are public finance, health economics and financial management in non-profit organizations and she is the author or co-author of over 100 publications, mainly in English. In addition to her teaching duties, she also regularly serves on the Supervisory Boards and Social Council in health care institutions as a representative of the Marshall of Voivodeship. She is also involved as a promoter of the international conference "Financial Management - Theory and Practice" the 16th installment of which took place in May 2015. She has received several awards for her scientific achievements.

Karolina Daszyska-ygado is an assistant professor at the Corporate Finance department at Wroclaw University of Economics, where she also received her PhD in Finance. Her major fields of research are corporate valuation, financial planning and corporate sustainability. She has authored and coauthored more than 50 scientific papers. She is a member of the editorial board of Inzinerine Ekonomika-Engineering Economics (Impact factor 0.871 (2014)). In addition to research and teaching she is engaged in business consulting and mentoring, especially for early-stage business ideas and start-ups.

Peter Juhasz is an associate professor at Corvinus University, Budapest. He holds a master's degree in Economics and a PhD in Business Administration from the same university. He is a CFA charterholder and a qualified coach. His main fields of research are business valuation, valuation of off-balance sheet assets, financial modeling, and financial competitiveness of firms. In addition to teaching, he also regularly acts as a consultant for Hungarian SMEs and is the secretary of the CFA Society of Hungary.

Ing. Taána Hajdíková, Ph.D. graduated from the Technical University in Ostrava with a specialization in tax and accounting. After graduation she dedicated her professional focus to company management, especially accounting, tax consulting and economic analysis of enterprises. She currently works as an assistant professor at the University of Economics, Prague, Faculty of Management in Jindichv Hradec, where she also successfully completed her doctoral studies in the economics and management field. She is the author and co-author of several professional papers. Her main research interest lies in the evaluation of financial performance, primarily for non-profit organizations.

Contenu

Chapter 1: Concentration of hospital infrastructural resources as a source of inequalities in access to health care benefits in Poland.- Chapter 2: Supporting of Swiss franc borrowers and sustainability of banking in Poland.- Chapter 3: How Does the Par Value of a Share Work?.- Chapter 4: Assessing the financial health of hospitals using a financial index.- Chapter 5: Competitive regions, competitive firms? A case study on Hungary.- Chapter 6: A size of a Company as a Determinant of Capital Structure Comparison of Listed Companies in the European Union.- Chapter 7: How Do Household Characteristics Determine the Levels of Saving Deposits in the Euro Area?.- Chapter 8: Fiscal Equalisation in Polish Municipalities (Example of Lower Silesian Voivodship).- Chapter 9: Can local authorities shape the quality of life?.- Chapter 10: Participatory Budgeting in Polish Cities: Funds' Allocation Mechanism.- Chapter 11: Earnings Management and the Long-term Market Performance of Initial Public Offerings in Poland.- Chapter 12: Determinants of dividend smoothing: The case of the Turkish stock market.- Chapter 13: Components of the Effective Spread: Evidence from the Warsaw Stock Exchange.- Chapter 14: Fiscal stability protection in Poland in the face of the debt crisis.- Chapter 15: The particular aspects of procurement contracts of trading in securities in the conditions of the Slovak Republic.- Chapter 16: The position and importance of Stock exchange market and Central securities depository as the inseparable part of the capital market of the Slovak Republic.- Chapter 17: The Sustainable Development and the Issue of Subsidies in the Light of the Law of the World Trade Organization.- Chapter 18: Bid Premiums on the Warsaw Stock Exchange in the period 2000-2015.- Chapter 19: Sustainable finance - paradigm shift.- Chapter 20: Analysis of short-term changes in health spending in CEE countries. Creeping trend estimation.- Chapter 21: The hidden factors of public administration in Poland.- Chapter 22: Impact of EBITDA variability on empirical safety thresholds of indebtedness and liquidity ratios the case of Poland.- Chapter 23: Modelling quantile premium for dependent LOBs in property/casualty insurance.- Chapter 24: Design of innovative research procedure concerning environmental responsibility of banks and their financial effectiveness in the context of implementation of the Directive 2014/95/EU.