Pub Date : 2021-01-01DOI: 10.14254/2071-789x.2021/14-1/7
A. Taresh, D. Sari, R. Purwono
. This study tries to analyse the relationship between income inequality and social variables to provide additional empirical input on the related structural model. To achieve these objectives, this study uses the cointegration and long-run structural vector auto-regression (SVAR) for the panel data on 33 provinces in Indonesia over the 2005-2018 period. The study concludes that income inequality has a positive impact on population growth, unemployment, and poor health, whereas it also has a negative effect on education, human development, and urbanisation growth. unemployment, poor health and urbanisation growth can increase income inequality, while education and human development index reduce income inequality. Furthermore, increased minimum wages can reduce income inequality, poor health, and increase education and per capita income. This study also found that per capita income has a long-term relationship with income inequality and population.
{"title":"Analysis of the relationship between income inequality and social variables: Evidence from Indonesia","authors":"A. Taresh, D. Sari, R. Purwono","doi":"10.14254/2071-789x.2021/14-1/7","DOIUrl":"https://doi.org/10.14254/2071-789x.2021/14-1/7","url":null,"abstract":". This study tries to analyse the relationship between income inequality and social variables to provide additional empirical input on the related structural model. To achieve these objectives, this study uses the cointegration and long-run structural vector auto-regression (SVAR) for the panel data on 33 provinces in Indonesia over the 2005-2018 period. The study concludes that income inequality has a positive impact on population growth, unemployment, and poor health, whereas it also has a negative effect on education, human development, and urbanisation growth. unemployment, poor health and urbanisation growth can increase income inequality, while education and human development index reduce income inequality. Furthermore, increased minimum wages can reduce income inequality, poor health, and increase education and per capita income. This study also found that per capita income has a long-term relationship with income inequality and population.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66950324","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.14254/2071-789x.2021/14-1/11
Adolfo Cosme Fernández Puente, Mercedes Sánchez
. This paper studies gender differences in job satisfaction considering job rank (managers, self-employed and employees) using the Spanish Quality of Life Survey (SQLS) for Spain throughout the period 2006-2010 and the sixth European Working Conditions Survey (EWCS) prepared in 2015, to test if the so-called "paradox of female contented worker" will extend to all ranked positions. Differences in job satisfaction by gender and job rank are analysed at an aggregated level and in terms of satisfaction with salary, promotion prospects, working hours, flexibility, stability, stress and work environment. Econometric estimations, using ordinary least squares method, are carried out and the results show that being a woman increases job satisfaction at an aggregated level. Occupying higher rank positions and being self-employed also increases job satisfaction. However, interactions for females between high and low-level managerial positions have a significant negative influence on job satisfaction. This interaction especially penalizes satisfaction in terms of promotion, working hours, work flexibility and stability.
{"title":"Understanding executive women´s perspectives on job satisfaction and their different domains","authors":"Adolfo Cosme Fernández Puente, Mercedes Sánchez","doi":"10.14254/2071-789x.2021/14-1/11","DOIUrl":"https://doi.org/10.14254/2071-789x.2021/14-1/11","url":null,"abstract":". This paper studies gender differences in job satisfaction considering job rank (managers, self-employed and employees) using the Spanish Quality of Life Survey (SQLS) for Spain throughout the period 2006-2010 and the sixth European Working Conditions Survey (EWCS) prepared in 2015, to test if the so-called \"paradox of female contented worker\" will extend to all ranked positions. Differences in job satisfaction by gender and job rank are analysed at an aggregated level and in terms of satisfaction with salary, promotion prospects, working hours, flexibility, stability, stress and work environment. Econometric estimations, using ordinary least squares method, are carried out and the results show that being a woman increases job satisfaction at an aggregated level. Occupying higher rank positions and being self-employed also increases job satisfaction. However, interactions for females between high and low-level managerial positions have a significant negative influence on job satisfaction. This interaction especially penalizes satisfaction in terms of promotion, working hours, work flexibility and stability.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66949773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.14254/2071-789x.2021/14-1/2
Viktoriya Palekhova
DOI: 10.14254/2071789X.2021/14-1/2 ABSTRACT. Economic growth is an indicator that synthesizes the effects of numerous factors and impulses. This article aims to highlight from a wide range of factors, those with the highest priority and correlate them with Ukrainian realities. The existing approaches to the analysis of economic growth are overviewed. The drivers of economic growth named among “the 10 rules of successful nations” by R. Sharma (2020) are investigated in detail. Each rule is considered in detail, taking into account other economists' opinions and the recent global trends. We use Ukrainian and Polish data to check how each of those rules applies. On the one hand, this study demonstrates the relevance of the proposed rules. Also, it explains both successes of Polish economy and the failures of Ukrainian one. Polish economy does not comply with only one of the development rules suggested by Sharma (2020) – the demographic one (however, the corrective measures are already being taken). At the same time, Ukrainian economy does not comply with the absolute majority of those rules. Even when problems in Ukraine are in line with global trends, they take the worst shape (populistdemagogues, bad billionaires, bad investments, etc.). The analysis helps with structuring the factors (migration is a multidimensional problem with many negative symptoms) and identifying the second-order problems (the volatility of many indicators that may indicate inconsistency in the implementation of reforms). The issues revealed in this article can be considered as a roadmap for necessary transformations.
{"title":"Why does Ukrainian economy grow so slowly?","authors":"Viktoriya Palekhova","doi":"10.14254/2071-789x.2021/14-1/2","DOIUrl":"https://doi.org/10.14254/2071-789x.2021/14-1/2","url":null,"abstract":"DOI: 10.14254/2071789X.2021/14-1/2 ABSTRACT. Economic growth is an indicator that synthesizes the effects of numerous factors and impulses. This article aims to highlight from a wide range of factors, those with the highest priority and correlate them with Ukrainian realities. The existing approaches to the analysis of economic growth are overviewed. The drivers of economic growth named among “the 10 rules of successful nations” by R. Sharma (2020) are investigated in detail. Each rule is considered in detail, taking into account other economists' opinions and the recent global trends. We use Ukrainian and Polish data to check how each of those rules applies. On the one hand, this study demonstrates the relevance of the proposed rules. Also, it explains both successes of Polish economy and the failures of Ukrainian one. Polish economy does not comply with only one of the development rules suggested by Sharma (2020) – the demographic one (however, the corrective measures are already being taken). At the same time, Ukrainian economy does not comply with the absolute majority of those rules. Even when problems in Ukraine are in line with global trends, they take the worst shape (populistdemagogues, bad billionaires, bad investments, etc.). The analysis helps with structuring the factors (migration is a multidimensional problem with many negative symptoms) and identifying the second-order problems (the volatility of many indicators that may indicate inconsistency in the implementation of reforms). The issues revealed in this article can be considered as a roadmap for necessary transformations.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66949947","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.14254/2071-789x.2021/14-1/13
G. Tovmasyan
. Tourism receives money from people and places, but it gives back very little. In this case many countries apply tourist tax, which tourists pay while staying at hotels. The collected money is used for financing tourism development projects. The correlation is made between some factors of tourism, which shows that many factors contribute to tourism development. The regression model was created which shows that tourism contribution to GDP will be changed depending on capital investments in tourism, government spending on tourism, international arrivals and receipts from international arrivals. The article proposes applying tourist tax in Armenia, and money from it is offered to be spent on different programs for tourism development: tourism marketing, branding, investments in tourism infrastructures, etc. The survey done in the article shows that tourists mainly agree with the application of this tax and they indicate the necessity of using the gathered money more effectively. The cross tabulation and Pearson Chi Square analysis show that tourists who think that applying tourist tax in Armenian hotels is a good step for raising money for this sector development, will continue to stay at hotels if the tourist tax at the rates of 1-3% is applied.
{"title":"Capital investments, tourist tax and tourism development: The case study of Armenia","authors":"G. Tovmasyan","doi":"10.14254/2071-789x.2021/14-1/13","DOIUrl":"https://doi.org/10.14254/2071-789x.2021/14-1/13","url":null,"abstract":". Tourism receives money from people and places, but it gives back very little. In this case many countries apply tourist tax, which tourists pay while staying at hotels. The collected money is used for financing tourism development projects. The correlation is made between some factors of tourism, which shows that many factors contribute to tourism development. The regression model was created which shows that tourism contribution to GDP will be changed depending on capital investments in tourism, government spending on tourism, international arrivals and receipts from international arrivals. The article proposes applying tourist tax in Armenia, and money from it is offered to be spent on different programs for tourism development: tourism marketing, branding, investments in tourism infrastructures, etc. The survey done in the article shows that tourists mainly agree with the application of this tax and they indicate the necessity of using the gathered money more effectively. The cross tabulation and Pearson Chi Square analysis show that tourists who think that applying tourist tax in Armenian hotels is a good step for raising money for this sector development, will continue to stay at hotels if the tourist tax at the rates of 1-3% is applied.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66950069","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.14254/2071-789X.2021/14-1/12
Zdenka Musová, H. Musa, Veronika Matiova
DOI: 10.14254/2071789X.2021/14-1/12 ABSTRACT. Consumers give special importance to higher environmental responsibility which is expected to improve the environment quality. The aim of this paper is to present the selected results of the examination focused on Slovak consumers ́ environmentally responsible behaviour. The frequency of implementing responsible activities within the circular economy principles was investigated. The environmentally responsible consumer behaviour in the context of the selected demographic characteristics of consumers and approaches to environmental issues were also studied. The paper contains the results aimed at consumers ́ perception and knowledge of eco-labels and the impact on purchasing behaviour too. Secondary data analysis is supplemented by the results of the primary research as of November and December 2018, which was conducted via an online questionnaire on the sample of 434 respondents from Slovakia. The obtained data were evaluated by selected statistical methods (Chi-square test, Spearman ́s correlation coefficient, ordinal regression, factor analysis). Consumers pay an adequate amount of attention to implementation of responsible activities, and this suggests positive changes in consumers ́ perception and approaches to environmental issues. Testing confirmed that statistically significant variables influencing environmentally responsible behaviour of consumers are age, gender, income, number of household members, environmental attitudes and knowledge of eco-labels.
{"title":"Environmentally responsible behaviour of consumers: Evidence from Slovakia","authors":"Zdenka Musová, H. Musa, Veronika Matiova","doi":"10.14254/2071-789X.2021/14-1/12","DOIUrl":"https://doi.org/10.14254/2071-789X.2021/14-1/12","url":null,"abstract":"DOI: 10.14254/2071789X.2021/14-1/12 ABSTRACT. Consumers give special importance to higher environmental responsibility which is expected to improve the environment quality. The aim of this paper is to present the selected results of the examination focused on Slovak consumers ́ environmentally responsible behaviour. The frequency of implementing responsible activities within the circular economy principles was investigated. The environmentally responsible consumer behaviour in the context of the selected demographic characteristics of consumers and approaches to environmental issues were also studied. The paper contains the results aimed at consumers ́ perception and knowledge of eco-labels and the impact on purchasing behaviour too. Secondary data analysis is supplemented by the results of the primary research as of November and December 2018, which was conducted via an online questionnaire on the sample of 434 respondents from Slovakia. The obtained data were evaluated by selected statistical methods (Chi-square test, Spearman ́s correlation coefficient, ordinal regression, factor analysis). Consumers pay an adequate amount of attention to implementation of responsible activities, and this suggests positive changes in consumers ́ perception and approaches to environmental issues. Testing confirmed that statistically significant variables influencing environmentally responsible behaviour of consumers are age, gender, income, number of household members, environmental attitudes and knowledge of eco-labels.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66949978","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-01DOI: 10.14254/2071-789X.2020/13-4/20
O. Kuzmenko, T. Vasylieva, S. Vojtovič, O. Chygryn, Vytautas Snieška
Certain groups of determinants (economic, environmental, social, healthcare) with the highest vulnerability identify the reasons for regional differentiation in morbidity and mortality from COVID-19 This defines the necessity to find appropriate combinations of factors characterizing the vulnerability of a region The methodology and tools to explain the regional specifics of population vulnerability to COVID-19 are investigated through a systematic consideration of many public health factors, environmental, social and economic specific nature of regions The aim of the article is to study the reasons for regional differentiation of population vulnerability (morbidity and mortality rates) from COVID-19 The authors investigate a nonlinear spatial model in which the stepwise algorithm of individual factor variables is added/removed from the model specifications step by step by the Aitken method depending on their correlation with morbidity and mortality from COVID-19 in the region The Farrar-Glober method is used to eliminate the multicollinearity of factors, the Spearman test is used to detect the heteroskedastic effect, and the Darbin-Watson test is used to check the presence of autocorrelation between the residues As a result, the specification of the model with the highest adequacy in terms of p-value and t-statistics is formed Relevant socioecological-economic vulnerability indices of regions to mortality and morbidity from COVID-19 are identified The obtained results allow making adjustments in the state and regional programs concerning the mobilization of economic and healthcare systems
{"title":"Why do regions differ in vulnerability to СOVID-19? Spatial nonlinear modeling of social and economic patterns","authors":"O. Kuzmenko, T. Vasylieva, S. Vojtovič, O. Chygryn, Vytautas Snieška","doi":"10.14254/2071-789X.2020/13-4/20","DOIUrl":"https://doi.org/10.14254/2071-789X.2020/13-4/20","url":null,"abstract":"Certain groups of determinants (economic, environmental, social, healthcare) with the highest vulnerability identify the reasons for regional differentiation in morbidity and mortality from COVID-19 This defines the necessity to find appropriate combinations of factors characterizing the vulnerability of a region The methodology and tools to explain the regional specifics of population vulnerability to COVID-19 are investigated through a systematic consideration of many public health factors, environmental, social and economic specific nature of regions The aim of the article is to study the reasons for regional differentiation of population vulnerability (morbidity and mortality rates) from COVID-19 The authors investigate a nonlinear spatial model in which the stepwise algorithm of individual factor variables is added/removed from the model specifications step by step by the Aitken method depending on their correlation with morbidity and mortality from COVID-19 in the region The Farrar-Glober method is used to eliminate the multicollinearity of factors, the Spearman test is used to detect the heteroskedastic effect, and the Darbin-Watson test is used to check the presence of autocorrelation between the residues As a result, the specification of the model with the highest adequacy in terms of p-value and t-statistics is formed Relevant socioecological-economic vulnerability indices of regions to mortality and morbidity from COVID-19 are identified The obtained results allow making adjustments in the state and regional programs concerning the mobilization of economic and healthcare systems","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44689871","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-01DOI: 10.14254/2071-789X.2020/13-4/5
Siwapong Dheera-aumpon, Piyaphan Changwatchai
DOI: 10.14254/2071789X.2021/13-4/5 ABSTRACT. Cultural distance can be defined as differences in cultural values and communication styles between the source and the host countries that can have negative impacts on stocks of FDI in the latter. Prior studies focused on the perspective of a source country and pooled data from various host countries but here we focus on the perspective of a host country and use data from a single host country, Thailand. To study the effect of cultural distance, data on 2006-2019 FDI stocks held in Thailand by foreign entities from 32 major source countries are collected. Results of a random effects regression model indicate that cultural distance between Thailand and a source country does not reduce but raises the stock of FDI. We conclude that culture in Thailand does not hinder the operations of foreign companies but instead enhances investment opportunities. In promoting FDI in Thailand, the government should aim at culturally distant source countries. In doing so, the government should emphasize that Thai culture is collective, feminine, and has high uncertainty avoidance.
{"title":"Cultural distance and foreign direct investment stock in Thailand: Evidence from panel data","authors":"Siwapong Dheera-aumpon, Piyaphan Changwatchai","doi":"10.14254/2071-789X.2020/13-4/5","DOIUrl":"https://doi.org/10.14254/2071-789X.2020/13-4/5","url":null,"abstract":"DOI: 10.14254/2071789X.2021/13-4/5 ABSTRACT. Cultural distance can be defined as differences in cultural values and communication styles between the source and the host countries that can have negative impacts on stocks of FDI in the latter. Prior studies focused on the perspective of a source country and pooled data from various host countries but here we focus on the perspective of a host country and use data from a single host country, Thailand. To study the effect of cultural distance, data on 2006-2019 FDI stocks held in Thailand by foreign entities from 32 major source countries are collected. Results of a random effects regression model indicate that cultural distance between Thailand and a source country does not reduce but raises the stock of FDI. We conclude that culture in Thailand does not hinder the operations of foreign companies but instead enhances investment opportunities. In promoting FDI in Thailand, the government should aim at culturally distant source countries. In doing so, the government should emphasize that Thai culture is collective, feminine, and has high uncertainty avoidance.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48289300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-01DOI: 10.14254/2071-789X.2020/13-4/13
Birutė Vilčiauskaitė, A. Savanevičienė, V. Navickas
. Talents are more important than ever for the successful performance of organizations. The workforce is aging rapidly, and this trend creates both additional challenges for the companies and opportunities for the new directions in the management research. In the context of aging society, there is a lack of studies that analyze career development of older workers and especially older talents. In order to manage talented older employees, companies must reveal and fulfil their expectations and thus further develop their careers. To do so, older talents in later life have the following options: career mobility, workplace mentorship, volunteering, or older entrepreneurship. In order to find what practices are being taken by companies of various business industries in Lithuania to manage older talents, qualitative research strategy was employed. As the main method for the data collection, semi-structured in-depth interviews were adopted. The findings revealed, the majority of the companies support the idea that all their employees are talents, without indicating one particular age group, e.g. older workers. The respondents indicated the most valuable benefits given by the older talents as well as the main challenges that older talents impose in the organization. Older talents have some specific needs in comparison with younger talents, especially in training (which denies one of stereotypes that older workers can't be trained), as well as the need to contribute into the success of the company) and working conditions (e.g. flexibility). When evaluating the practices that are applied specifically to older talents, the most commonly mentioned among the respondents were various mentorship programs.
{"title":"Managing older talents in the context of aging society","authors":"Birutė Vilčiauskaitė, A. Savanevičienė, V. Navickas","doi":"10.14254/2071-789X.2020/13-4/13","DOIUrl":"https://doi.org/10.14254/2071-789X.2020/13-4/13","url":null,"abstract":". Talents are more important than ever for the successful performance of organizations. The workforce is aging rapidly, and this trend creates both additional challenges for the companies and opportunities for the new directions in the management research. In the context of aging society, there is a lack of studies that analyze career development of older workers and especially older talents. In order to manage talented older employees, companies must reveal and fulfil their expectations and thus further develop their careers. To do so, older talents in later life have the following options: career mobility, workplace mentorship, volunteering, or older entrepreneurship. In order to find what practices are being taken by companies of various business industries in Lithuania to manage older talents, qualitative research strategy was employed. As the main method for the data collection, semi-structured in-depth interviews were adopted. The findings revealed, the majority of the companies support the idea that all their employees are talents, without indicating one particular age group, e.g. older workers. The respondents indicated the most valuable benefits given by the older talents as well as the main challenges that older talents impose in the organization. Older talents have some specific needs in comparison with younger talents, especially in training (which denies one of stereotypes that older workers can't be trained), as well as the need to contribute into the success of the company) and working conditions (e.g. flexibility). When evaluating the practices that are applied specifically to older talents, the most commonly mentioned among the respondents were various mentorship programs.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46357106","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-01DOI: 10.14254/2071-789X.2020/13-4/19
Tomasz Skica, Jacek Rodzinka, Ulyana Zaremba
. An assessment of the financial condition of local government units (LGUs) is usually carried out in a manner referring to traditional tools and methods based on financial analysis. However, it turns out that this approach is unreliable. There are known examples of LGUs, which, despite current reporting concerning their financial situation to the authorities controlling their financial economy, not only did not avoid financial problems (see Rewal, Dziwnów, Byczyna communes), but as a result of the improper management of public funds they were liquidated (e.g., Ostrowice commune). The finding presented above raises pertinent questions about the effectiveness of the current way of assessing the financial condition of local government units and on this basis arriving at conclusions and estimations relating to the possible consequences of the situation in local finance for the future of LGUs. Given the above, attempts to develop new solutions to assess the financial situation of LGUs are becoming more frequent. The aim of this article is to build a synthetic measure for the assessment of the financial condition of communes with regard to all basic statistics describing local government finances and making use of the TOPSIS methodology. The constructed measure does not focus on the estimation of individual financial measures but rather takes into account their interrelationships and interactions. It eliminates the problem of the lack of relationships between the analyzed result values, which may be responsible for the incorrect interpretation of the financial conditions of local government units. The value of the obtained measure allows for an objective assessment of the condition of LGUs finances, providing synthetic information concerning the multi-sectional assessment of the condition of local government finances.
{"title":"The application of a synthetic measure in the assessment of the financial condition of LGUs in Poland using the TOPSIS method approach","authors":"Tomasz Skica, Jacek Rodzinka, Ulyana Zaremba","doi":"10.14254/2071-789X.2020/13-4/19","DOIUrl":"https://doi.org/10.14254/2071-789X.2020/13-4/19","url":null,"abstract":". An assessment of the financial condition of local government units (LGUs) is usually carried out in a manner referring to traditional tools and methods based on financial analysis. However, it turns out that this approach is unreliable. There are known examples of LGUs, which, despite current reporting concerning their financial situation to the authorities controlling their financial economy, not only did not avoid financial problems (see Rewal, Dziwnów, Byczyna communes), but as a result of the improper management of public funds they were liquidated (e.g., Ostrowice commune). The finding presented above raises pertinent questions about the effectiveness of the current way of assessing the financial condition of local government units and on this basis arriving at conclusions and estimations relating to the possible consequences of the situation in local finance for the future of LGUs. Given the above, attempts to develop new solutions to assess the financial situation of LGUs are becoming more frequent. The aim of this article is to build a synthetic measure for the assessment of the financial condition of communes with regard to all basic statistics describing local government finances and making use of the TOPSIS methodology. The constructed measure does not focus on the estimation of individual financial measures but rather takes into account their interrelationships and interactions. It eliminates the problem of the lack of relationships between the analyzed result values, which may be responsible for the incorrect interpretation of the financial conditions of local government units. The value of the obtained measure allows for an objective assessment of the condition of LGUs finances, providing synthetic information concerning the multi-sectional assessment of the condition of local government finances.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43573232","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-01DOI: 10.14254/2071-789X.2020/13-4/14
P. Karácsony, T. Izsák, Laszlo Vasa
{"title":"Attitudes of Z generations to job searching through social media","authors":"P. Karácsony, T. Izsák, Laszlo Vasa","doi":"10.14254/2071-789X.2020/13-4/14","DOIUrl":"https://doi.org/10.14254/2071-789X.2020/13-4/14","url":null,"abstract":"","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":3.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48205782","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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