Monetary Transmission Mechanism in Central & Eastern Europe: Gliding on a Wind of Change [PDF]
This paper surveys recent advances in empirical studies of the monetary transmission mechanism (MTM), with special attention to Central and Eastern Europe.
Coricelli, Fabrizio +2 more
core +1 more source
Material ESG Performance and Bid Premium in Merger and Acquisition Deals
ABSTRACT This study examines the firm‐level and country‐level environmental, social, and governance (ESG) performance on bid premiums in cross‐border mergers and acquisitions (M&A) transactions. We document considerable variations in bid premiums. Higher carbon emissions are associated with higher bid premiums, suggesting that acquirers may perceive ...
Ndubuisi Ezenwa +2 more
wiley +1 more source
IS DEFLATION TRAP A SERIOUS THREAT? CASE STUDY OF FED, ECB AND NBP
The goal of the paper is to compare nonstandard solutions implemented by Federal Reserve System, European Central Bank and National Bank of Poland in response to the outbreak of a subrime crisis in United States and to debt crisis in European Union.
Maciej Ryczkowski
doaj +1 more source
Foreign direct investment: a tool or a target for industrial policy in Eastern Countries? [PDF]
Is there any linkage between industrial policy and the inflow of Foreign Direct Investment in Eastern European countries? This is the core question which is analysed and discussed in this paper.
Soares, M. Isabel R. T.
core
The Impact of Geopolitical Risk on Trade Credit
ABSTRACT In light of escalating global geopolitical tensions, understanding how firms respond to external shocks has become a critical issue for policymakers, corporate managers, and investors. This study investigates the impact of geopolitical risk (GPR) on firms' reliance on trade credit (TC)—an essential form of short‐term financing, particularly ...
Wafa'a B. Al‐Yafei, Hamdi Bennasr
wiley +1 more source
ESG Performance and Credit Risk: Evidence From Chinese Manufacturing Companies
ABSTRACT This study investigates the effect of corporate environmental, social, and governance (ESG) performance on credit risk using a sample of manufacturing firms listed on China's Shanghai and Shenzhen A‐share markets from 2009 to 2021. Employing fixed effects, the generalised method of moments, and instrumental variable models, we find that ...
Yanan Wang +4 more
wiley +1 more source
The article analyses the communication of the National Bank of Poland (NBP) one year after the announcement of the crisis response package adopted after the outbreak of the COVID pandemic. It presents the perspective of a central bank that first entered unconventional monetary ground during the COVID-crisis.
Lada Voloshchenko-Holda +1 more
openaire +2 more sources
CULTURAL, POLITICAL AND ECONOMIC ASPECTS OF THE INTERNATIONAL EXPANSION OF BANKS FROM CENTRAL AND EASTERN EUROPE – CASES: POLISH PKO BP AND HUNGARIAN OTP BANK [PDF]
Polish PKO BP and Hungarian OTP Bank are the largest, dominant national bankinginstitutions of a similar nature – universal banks with a strong emphasis on retail operations.However, they differ significantly because of international activities.
Kurkliński, Lech
core +1 more source
Studies on genetic variation within old Polish cultivars of common oat [PDF]
The gene pool of Polish oat cultivars is quite narrow. Obsolete cultivars bred at the beginning of the 20th century could be one of the “new” sources of genetic diversity.
Boczkowska, M. +2 more
core +1 more source
Do Internet‐Driven Trade Shocks Moderate the Exchange Rate Pass‐Through to Inflation?
ABSTRACT This study examines the existence of an internet globalisation intensifying impact on the size of the exchange rate pass‐through (ERPT) to inflation, which conditions the response of central banks' policy rates. Expanding on the traditional determinants of ERPT, we incorporate technology‐induced trade shocks linked to internet adoption to ...
Joanna Darwiche, Nicole Ballouz Baker
wiley +1 more source

