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Search results for: ownership structure
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The Ownership Structure and the Performance of the Polish Stock Listed Companies
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Corporate Governance and Ownership Structure in the Top 30 Listed Non Financial Companies in Poland
PublicationThis paper offers a first analysis of the relationships between corporate governance models and rules and ownership structure of the top 30 Polish firms listed at the WSE (not considering foreign firms and/or the Polish branches of foreign firms listed at the same stock exchange, nor the financial companies and the banks). The general picture depicted by this analysis is putting into evidence the increasing importance of institutional...
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The effects of forest patch size and ownership structure on tree stand characteristics in a highly deforested landscape of central Poland
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Changes in the ownership structure of the banking sector (percentage share) in 1995-2004
Open Research DataAnalyzing the data, one can observe a steadily declining share of the State Treasury in the shareholding structure of banks. In 1995, the state owned over 40% of bank assets (counting directly the share of the State Treasury and indirectly through enterprises organized under state legal persons). At the same time, it should be noted that the NBP is...
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Exploring the Role of Ownership in International Entrepreneurship: How does Ownership Affect Internationalisation of Polish Firms?
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Transformation of the Perpetual Usufruct Right Into the Ownership of a Real Property Estate
PublicationIn addition to the ownership, there is in Poland the so-called perpetual usufruct right, which is an intermediate form between ownership and limited property rights. It allows for long-term use of the land which is not our ownership. Makes it possible to mortgage a property, is transferable and inheritable. The article describes the legal regulations governing the establishment and functioning of the perpetual usufruct, and the...
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Pet Ownership and the Risk of Arterial Hypertension and Cardiovascular Disease
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Examining Ownership Equity as a Psychological Factor on Tourism Business Failure Forecasting
PublicationThis paper examines ownership equity as a predictor of future business failure within the tourism and hospitality sectors. The main goals of this study were to examine which ratios are the most important for a tourism business failure forecasting model and how significant is the “total percentage of equity ownership by company directors” ratio compared with other ratios associated with the probability of bankruptcy. A stepwise...
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Comments on ''an SVD-based watermarking scheme for protecting rightful ownership''
PublicationW pracy wykazano, że algorytm zaproponowany w komentowanym artykule nie ma wartości praktycznej, gdyż charakteryzuje się bardzo dużym prawdopodobieństwem fałszywej akceptacji.
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Joint foreign ownership and global value chains effects on productivity: a comparison of firms from Poland and Germany
PublicationPurpose The study aims to examine the joint effects of foreign ownership (FO) and involvement in global value chains (GVCs) on the productivity performance of firms from a catching-up country (Poland) and a leader economy (Germany). Design/methodology/approach The authors use micro-level data on firms combined with several sector-level GVC participation measures. The authors investigate whether the link between productivity and...
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Artificial intelligence and health-related data: The patient’s best interest and data ownership dilemma
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The general state of preservation of immovable monuments in connection with the state of ownership – comparison of 2003 and 2016
Open Research DataThe following dataset compares the structure of the register of immovable monuments in Poland regarding the general state of preservation of the objects in connection with the state of ownership for 2003 and 2016. The dataset has been compiled based on the data in the Report analysing the state of immovable monuments (the report was prepared in 2004...
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Patent co-ownership as an example of network analysis of inter- organizational relationships from territorial perspective
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Principles and Practices of Corporate Governance in the Global Economy
PublicationThe book places ownership at the centre of all relevant choices that the company makes. In particular, it addresses the issue of governance from the perspective of ownership, and in a broader and more articulated sense than most Anglo-Saxon studies do. The authors analyse the relationship between ownership, governance, and corporate strategy, with a dual objective. On the one hand, the aim is to identify the consistency relationships...
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Influence of Property Division on the Technical Condition of a Building
PublicationIn this article, the correlation between a technical condition of a building and property division is analyzed and assessed. In the course of the usage of a building, the process of its degradation and the increase in the demands of property occupants can be observed. There is a direct connection between the difficult technical condition of a building and the fragmentation of the ownership structure. Although not considered in...
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Tworzenie wartości dla akcjonariuszy w świetle nadzoru korporacyjnego
PublicationDuży odsetek spółek publicznych w Polsce nie tworzy wartości dla akcjonariuszy. Zaprezento-wano wyniki badań dotyczących wpływu struktur własności na efektywność działania spółek pu-blicznych. Badania te nie były w stanie wyjaśnić w wystarczającym stopniu zjawiska destrukcji warto-ści. Starano się wykazać, że jedną z przyczyn tego zjawiska jest transfer wartości. Zalicza się go do głównych problemów nadzoru korporacyjnego. Szczególna...
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Property revenues (PRs) and expenditures of local government units (LGUs) in Poland
PublicationPRs are new category of local government revenues, which was introduced by changing the law on public finances at the end of 2006 and which took effect in 2007. By principle, these revenues should be converted into property expenditures. Their formalisation did not only allow assessing their absolute size but also a comparison with the longer existing property expenditures. Both categories were subject of analysis in this article....
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Assessment of student language skills in an e-learning environment
PublicationThis article presents the role of various assessment structures that can be used in a VLE. e-Learning language courses offer tutors a wide range of traditional and computer-generated formative and summative assessment procedures and tools. They help to evaluate each student’s progress, monitor their activities and provide varied support, which comes from the tutor, the course structure and materials as well as other participants....
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Share of people working in the enterprise sector by ownership sector at the end of 2016 (%).
Open Research DataThe dynamic development of small and medium-sized enterprises, which was observed in the past century - in particular in the past two decades - is the phenomenon of the development of the world economy intriguing many researchers and research centers. These figures present the share of workforce according to the ownership sector at the end of 2016.
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Functioning and legal regulations of perpetual usufruct right in Poland in relation to similar rights in other countries of the European Union
Publication1 May 2004, Poland became part of the European Union, which main aim is the political, economic and social integration of democratic European countries as well as the construction of a common market ensuring of persons, goods, services and capital move freely. The Accession Treaty provides some transitional periods for the adjustment of the right of Member States to the EU regulations. Next year, 12 years after joining the EU,...
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Principles of Corporate Governance
PublicationThe book places ownership at the centre of all relevant choices that the conpany makes: in particular it adresses the problem of governance from the perspective of owenership. The second part of the book analyzes in a number of coutries economic systens, caputakism models, dfferent economic cultures, and their role in defining the type of corporate governance that has emerged
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Commercial function as a treat to the monument - 25 years of experience in the commercialization of monuments in Gdansk, Poland
PublicationThe principles of the market economy adopted in Poland in the nineties have significantly touched the resources of immovable monuments. As a result, monuments have become a product of culture subject to the rules of the free market; and state ownership, patronage and decision-making practice has now been replaced by private interest. Practical monument use has also changed with the shift in ownership of objects after privatization...
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Should Polish banks be domesticated?
PublicationThe financial crisis revealed vulnerabilities in the regulation and supervision of the banking system. The overarching goal of the proposal (Bazylea III and CRD IV) is to strengthen the resilience of the EU banking sector. The effects of these regulations will be detrimental to the Polish banking system and economy. This follows from the fact that listed banks in Poland are subsidiaries of international banking groups. The article...
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Car-sharing: The Impact on Metropolitan Spatial Structures
PublicationMany examples from the past show that new technologies designed to solve particular problems can also create side effects generating new problems. Some unforeseen or unwanted results may influence space use and spatial structures. Car-sharing is an invention to compete with car ownership. It drastically rise efficiency of car use, reducing the number of vehicles per users. Diffusion of car-sharing is going to accelerate in the...
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Methods of the privatization process of Polish state-owned enterprises in years 1990‒2015
PublicationThis article presents methods of the privatization process of state-owned enterprises in Poland in the period of years 1990‒2015. The author presents the change of number of state-owned companies over the selected period as well as describes the main methods of ownership transformation used in Poland. First part presents the mechanism of commercialization. Second discusses the indirect privatization and contribution to NFI. Next,...
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Research on entrepreneurship – the forms of entrepreneurship
PublicationThe aim of this article is to present suggestions for future directions of research on entrepreneurship, with particular emphasis on different forms of entrepreneurship. The suggestions are preceded by a brief review of research on entrepreneurship. The article is theoretical in nature and does not present any own research, although its content is based on multiple years of experience in studying this phenomenon. The forms of entrepreneurship...
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Evaluation of technical efficiency of heat and electric power generation
PublicationThis paper presents an evaluation of technical efficiency and time-dependent changes in productivity of Polish professional electric power and heat&electric power stations by using Data Envelopment Analysis non-parametric method. The research covered the enterprises whose total available electric power amounted to about 98% of that of all professional thermal electric power stations in this country. The analysis has concerned...
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What fosters firm-level labour productivity in Eastern European and Central Asian countries?
PublicationThis study examines labour productivity performance and its determinants in Eastern European and Central Asian (EECA) firms using micro-level data. We find significant differences in labour productivity among members of the European Union in Eastern Europe and other Eastern European and Central Asian countries. We also confirm the important impact of foreign ownership, exporter status, and highly skilled workers on productivity...
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The analysis of firms’ involvement in internationalisation and determinants of its intensity – an analysis for developing and post-transition economies
PublicationThe study presents the empirical analysis of firms’ involvement in different forms of internationalisation: export, indirect export, import, indirect import and finally simultaneous exporting and importing. The analysis is based on firm-level data from the World Bank Enterprise Survey (March 2017 release). The empirical part is divided into two stages. Firstly account is taken of firms’ heterogeneity and then a Melitz type analysis...
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Planning a Cost-Effective Delay-Constrained Passive Optical Network for 5G Fronthaul
PublicationWith the rapid growth in the telecommunications industry moving towards 5G and beyond (5GB) and the emergence of data-hungry and time-sensitive applications, Mobile Network Operators (MNOs) are faced with a considerable challenge to keep up with these new demands. Cloud radio access network (CRAN) has emerged as a cost-effective architecture that improves 5GB performance. The fronthaul segment of the CRAN necessitates a high-capacity...
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CSR in Family Business- Ethnocentric Meaning Socially Responsible?
PublicationThe aim of this paper is to provide framework and key issues relevant for research on social responsibility of family business. From providing two theoretical approaches towards social responsibility such as social capital concept commenting on the familiness as a family firm resource and capability; and the stakeholder theory we move to the state of the art of family business. Then, we discuss heterogeneity among family firms...
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Analysis of Signalized Intersections in the Context of Pedestrian Traffic
PublicationGdynia is a city in the Pomeranian Voivod e ship of Poland with a population of about 250,000. It faces a growing motorization rate th at needs to be addressed. Car ownership in Gdynia now exceed s 500 vehicles per 1000 residents. Travel by public transport is decreasing and the rate of walking and cycling remains low. It is necessary to reverse these negative trends by implementing solu tions based...
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Attributes of Entrepreneurial Teams as Elements of a Mental Model
PublicationAn entrepreneurial team can be defined as a small group of individuals holding ownership or control positions who create or develop an entrepreneurial venture and have shared commitments towards each other. Entrepreneurial teams start numerous new ventures or affect the performance of firms due to their social capital based on some characteristic attributes. The mental models of teams refer to internal, organised representation...
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The investment process in the power supply industry
PublicationThe basis for power supply industry programming in a market economy should be the principle of sustainable development, which must take into account maintaining an adequate level of energy security on the one hand, and the aim to preserve the maximum degree of non-renewable resources on the other hand. Therefore, the overriding aim should be a strive to meet the current and prospective demand for energy and fuel, in conjugation...
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CURRENT SITUATION ON THE POLAND REAL ESTATE MARKET
PublicationIn recent years the polish real estate market has been characterised by a significant increase in supply and demand. This was facilitated by a number of macroeconomic factors. In recent years, housing has been commissioned as 30 years ago. Therefore, the depth analysis issue of the causes and consequences for the Polish economy of these trends is now relevant. Among the reasons are significant economic growth, low interest rates...
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Data governance: Organizing data for trustworthy Artificial Intelligence
PublicationThe rise of Big, Open and Linked Data (BOLD) enables Big Data Algorithmic Systems (BDAS) which are often based on machine learning, neural networks and other forms of Artificial Intelligence (AI). As such systems are increasingly requested to make decisions that are consequential to individuals, communities and society at large, their failures cannot be tolerated, and they are subject to stringent regulatory and ethical requirements....
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State of the Art in Open Platforms for Collaborative Urban Design and Sharing of Resources in Districts and Cities
PublicationThis work discusses recent developments in sharing economy concepts and collaborative co-design technology platforms applied in districts and cities. These developments are being driven both by new technological advances and by increased environmental awareness. The paper begins by outlining the state of the art in smart technology platforms for collaborative urban design, highlighting a number of recent examples. The case of peer-to-peer...
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Implementing Sustainable Development Goals with Digital Government – Aspiration-capacity gap
PublicationSustainable Development Goals (SDGs) represent a commitment by all United Nations Member States to pursue development efforts, including ending poverty and hunger, promoting well-being and education, reducing inequalities, fostering peace, and protecting the planet. Member States and their governments are supposed to take ownership of the SDGs, strengthen the implementation means, and improve public governance as both the means...
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Cost-Efficient Optical Fronthaul Architectures for 5G and Future 6G Networks
PublicationFifth-generation and Beyond (5GB) wireless networks have introduced new centralized architectures such as cloud radio access network (CRAN), which necessitate extremely high-capacity low latency Fronthaul (FH). CRAN has many advantageous features in terms of cost reduction, performance enhancement, ease of deployment, and centralization of network management. Nevertheless, designing and deploying a cost-efficient FH is still a...
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Integrating Digital Twin Technology Into Large Panel System Estates Retrofit Projects
PublicationAs sustainability is now a standard for the proposed developments, the focus ought to be shifted towards the existing buildings and, among them, the worldwide stock of large panel system (LPS) buildings. Major upgrades and retrofits were done to some of the LPS estates in Germany and France, but a leading sustainable way must still be developed for LPS buildings in Eastern European countries, where apartments in those half‐a‐century‐old...
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Determinants and effects of Poland’s road accidents in the context of the 2030 agenda for sustainable development – poviat level analysis for the years 2010-2019
PublicationThe objective of the research was to assess how selected factors influence road safety in Poland’s poviats. To that end, an analysis was conducted of road accident determinants and effects in the poviats in the years 2010-2019. The time horizon fits in with Goal 3.6. of Agenda 2030, which is to halve the number of global deaths and injuries from road traffic accidents by 2020. The article pres-ents the analysis results for the...
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5G/6G optical fronthaul modeling: cost and energy consumption assessment
PublicationIn fifth generation (5G) and the future beyond 5G (6G) radio access networks (RANs), the cost of fronthaul deployment is a main challenge for mobile network operators. Depending on different constraints, there are various solutions to deploy an efficient fronthaul. Fiber-optic-based fronthaul offers long-term support with regard to a rapid increase in capacity demands. When fiber connections, either point-to-point (P2P) or point-to-multipoint...
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Historic railway stations, documentation and revitalization of the railway infrastructure facilities - protection of cultural and social heritage
PublicationThe article presents problems of documentation and adaptation of buildings which constitute the cultural heritage of the railway infrastructure facilities in Pomerania in Poland. Shows the potential and possibilityto be adopted for various purposes. This problem affects many sites and buildings, railway stations, railway warehouses, residential buildings, technical buildings, water towers, trackman shelters, bridges, viaducts,...
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Appunti di corporate governance
PublicationIl libro pone la proprietà al centro di tutte le scelte rilevanti che l’impresa compie: in particolare affronta il «problema» del governo il tema della corporate governance dalla prospettiva della proprietà e in un’accezione più ampia e articolata rispetto agli studi di matrice anglosassone. In questo contesto, si analizza il tema delle relazioni tra proprietà, governo corporate governance e strategia corporate delle imprese, con...
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Number of cooperative banks in Poland in 1993-2011
Open Research DataThe process of reform and consolidation of the cooperative banking sector in Poland conducted in the 1990s caused that in 1991-1999 the number of cooperative banks dropped from 1664 to 902. It should be noted that 131 banks collapsed, 632 were taken over by other banks. It should also be noted that during this period, in 1992, one cooperative bank was...
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The structure of the Polish banking sector in 2004-2018
Open Research DataDynamic changes in the banking system in the 1990s contributed to the relative stability of the number of banks in all sectors (state-owned, private, cooperative) after 2004. The total number of banks (including credit institutions) has decreased since 2004 from 653 to 612 in 2018 - it should therefore be noted that in the analyzed period the Polish...
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Balance sheet total of commercial banks with the majority of private capital (data in percent) in the years 1993-2004
Open Research DataIn 1995, foreign capital held 18.1% of shares in Polish banks. This share increased significantly at the beginning of the 21st century to around 60%. It should therefore be noted that the Polish banking system within a decade became mostly owned by foreign investors.
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Changes in the number of commercial banks in 1992-2004
Open Research DataAs the data shows, it can be concluded that the number of banks in Poland is small. The main reason for the declining number of banks is bank acquisitions by foreign investors or bank consolidation. To a lesser extent, this change resulted from negative factors such as bankruptcy or liquidation.