TY - JOUR AU - Eisingerné Balassa, Boglárka AU - Buics, László TI - The potential of the P-graph for optimizing public service processes JF - CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY J2 - CLEAN TECHNOL ENVIRON POLICY VL - 2024 PY - 2024 SN - 1618-954X DO - 10.1007/s10098-024-02853-8 UR - https://m2.mtmt.hu/api/publication/34825507 ID - 34825507 AB - The European Union set out several directives and standards for governments and local authorities on environmental policy issues in the planning and management of public services. Public service provisioning is subject to both traditional expectations (such as customer-friendliness and efficiency) and new environmental stewardship and sustainability expectations. This paper analyzes public service processes, particularly the university enrolment process. Our analysis used public service models (Service Blueprinting, Business Process Modeling, Process Chain Network) and a mathematical model (P-graph). Our research aims to analyze the university enrolment process and its efficiency, considering sustainability aspects and expectations and identifying the points that can be modified and improved to make it more efficient, sustainable, qualitatively positive, and economical. According to our research, school administrators are overburdened during the enrolment process, often resulting in overtime work and a high turnover ratio. Our results clearly show the high inefficiency of this administrative process, as administrators can only partially meet their expected labor targets during their regular working hours. We found that the university enrolment process can be improved and made more efficient and sustainable. Using the P-graph, we have found the process’s optimal path and resource requirements in a way that was not feasible with previous models. Heartened by these results, we propose introducing and applying the P-graph as a new model to study other public service processes. LA - English DB - MTMT ER - TY - JOUR AU - Rejeb, Abderahman AU - Rejeb, Karim AU - Appolloni, Andrea AU - Treiblmaier, Horst AU - Iranmanesh, Mohammad TI - Uncovering the themes and trends in crowdfunding research using Latent Dirichlet Allocation JF - MANAGEMENT REVIEW QUARTERLY J2 - MANAG REV QUART VL - 2024 PY - 2024 SN - 2198-1620 DO - 10.1007/s11301-024-00427-y UR - https://m2.mtmt.hu/api/publication/34825239 ID - 34825239 AB - Crowdfunding (CF) has become a significant force in the entrepreneurial landscape, offering an innovative alternative to traditional financing channels for startups and projects. As the field expands, it is crucial to systematically analyze the existing literature to identify key themes, patterns, and emerging areas of interest. To achieve this goal, this study investigates the CF literature using latent Dirichlet allocation (LDA)-based topic modeling based on 1,678 publications extracted from the Scopus database. The review reveals significant growth in CF research, with top journals spanning diverse disciplines. Eight main topics are identified, including CF campaign success and financing, donation-based CF, social effects of CF, entrepreneurial projects and rewards in CF, financial and fintech aspects of CF, CF project success and performance, P2P lending models and credit risk assessment, and equity CF and venture capital. Several research directions are suggested for each topic to advance the CF field. The theoretical and practical implications are also discussed. To the authors’ best knowledge, this study represents the first systematic analysis of the CF literature using the LDA approach, offering a comprehensive and up-to-date overview of this field and highlighting emerging areas of interest and potential research directions. LA - English DB - MTMT ER - TY - JOUR AU - Rejeb, Abderahman AU - Rejeb, Karim AU - Zrelli, Imen AU - Süle, Edit AU - Iranmanesh, Mohammad TI - Blockchain technology in the renewable energy sector: A co-word analysis of academic discourse JF - HELIYON J2 - HELIYON VL - 10 PY - 2024 IS - 8 SN - 2405-8440 DO - 10.1016/j.heliyon.2024.e29600 UR - https://m2.mtmt.hu/api/publication/34825099 ID - 34825099 LA - English DB - MTMT ER - TY - JOUR AU - Akzambekkyzy, Akbota AU - Vasa, László AU - Forrest, Jeffrey Yi-Lin AU - Sarkambayeva, Shynara AU - Singh, Satyanand TI - Impact of Projects with Future Potential on the Global Competitiveness Index of Countries JF - EMERGING SCIENCE JOURNAL J2 - EMERG SCI J VL - 8 PY - 2024 IS - 2 SP - 557 EP - 573 PG - 17 SN - 2610-9182 DO - 10.28991/ESJ-2024-08-02-012 UR - https://m2.mtmt.hu/api/publication/34824101 ID - 34824101 AB - The concept of project success has evolved from the perspective of conforming to the project triangle to that of benefiting the environment, and then from the perspective of the following generation. Scientists increasingly assert that successful projects require a set of criteria that include such item(s) as future potential. The meaning of project success varies depending on where it is executed. The purpose of this study is to identify whether projects with future potential have a certain effect on indicators of the Global Competitiveness Index (GCI) of the Republic of Kazakhstan (RK) and what other success criteria are inherent in such projects. By using the method of descriptive analysis of data collected from 107 experts and analyzing 19 influential projects, the study revealed that projects oriented towards the future have a significant impact on the indicators of the GCI in the RK. This finding confirms the necessity of considering the long-term sustainability and social significance of projects when assessing their successes. Additionally, a specific combination of success criteria that contributes most to this impact was identified. This research provides a brand-new understanding of project success criteria in the context of their impact on the GCI and emphasizes the importance of considering future potential in project planning and evaluation. Doi: 10.28991/ESJ-2024-08-02-012 Full Text: PDF LA - English DB - MTMT ER - TY - JOUR AU - Bányai, Attila AU - Tatay, Tibor AU - Thalmeiner, Gergő AU - Pataki, László TI - Optimising Portfolio Risk by Involving Crypto Assets in a Volatile Macroeconomic Environment JF - RISKS J2 - RISKS VL - 12 PY - 2024 IS - 4 PG - 21 SN - 2227-9091 DO - 10.3390/risks12040068 UR - https://m2.mtmt.hu/api/publication/34796966 ID - 34796966 AB - Portfolio diversification is an accepted principle of risk management. When constructing an efficient portfolio, there are a number of asset classes to choose from. Financial innovation is expanding the range of instruments. In addition to traditional commodities and securities, other instruments have been added. These include cryptocurrencies. In our study, we seek to answer the question of what proportion of cryptocurrencies should be included alongside traditional instruments to optimise portfolio risk. We use VaR risk measures to optimise the process. Diversification opportunities are evaluated under normal return distributions, thick-tailed distributions, and asymmetric distributions. To answer our research questions, we have created a quantitative model in which we analysed the VaR of different portfolios, including crypto-diversified assets, using Monte Carlo simulations. The study database includes exchange rate data for two consecutive years. When selecting the periods under examination, it was important to compare favourable and less favourable periods from a macroeconomic point of view so that the study results can be interpreted as a stress test in addition to observing the diversification effect. The first period under examination is from 1 September 2020 to 31 August 2021, and the second from 1 September 2021 to 31 August 2022. Our research results ultimately confirm that including cryptoassets can reduce the risk of an investment portfolio. The two time periods examined in the simulation produced very different results. An analysis of the second period suggests that Bitcoin’s diversification ability has become significant in the unfolding market situation due to the Russian-Ukrainian war. LA - English DB - MTMT ER - TY - JOUR AU - Reisinger, Adrienn AU - Szabó, Zsolt Roland TI - The event‐driven social responsibility in small and medium‐sized enterprises JF - CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT J2 - CORP SOC RESPONS ENVIRON MANAGNAG. VL - 2024 PY - 2024 SP - 1 EP - 13 PG - 13 SN - 1535-3958 DO - 10.1002/csr.2775 UR - https://m2.mtmt.hu/api/publication/34791782 ID - 34791782 AB - Since the survival and growth of small firms depend largely on their ability to acquire legitimacy within the institutional environment, social responsibility plays an important role in their lives. The aim of this study was to investigate how a disruption in the normal course of business can lead to an evolution and change in the social responsibility activities of small and medium‐sized enterprises. Such disruptions, called critical incidents, interrupt the normal functioning of the business. The case‐based exploratory study found that such critical events can have a positive impact. In particular, they can initiate the integration of socially responsible business practices. This is a journey from philanthropic donations to fully integrated socially responsible practices, often driven by internal triggering events such as organisational growth, unanticipated changes in management, or generational change, which allow new values to be brought on board. When such an internal event is followed by a highly critical but external event, such as the COVID‐19 pandemic, the transformation gains momentum. The findings also suggest that social responsibility can be a new source of competitive advantage. LA - English DB - MTMT ER - TY - CONF AU - Farkas, Szilveszter AU - Kucséber, László Zoltán ED - Horváth, Gábor TI - Fenntarthatósági és etikai kérdések a kriptopénzügyekben T2 - DCF - digitalizáció, compliance és fenntarthatóság PB - Pécsi Tudományegyetem Közgazdaságtudományi Kar (PTE KTK) C1 - Pécs SN - 9789636262549 T3 - Pénzügy és Számvitel Nemzetközi Tudományos Konferencia a Pécsi Pénzügyi Napokon (PPN) // Finance and Accounting International Scientific Conference during the Finance Days in Pécs (FDP) PY - 2024 SP - 35 UR - https://m2.mtmt.hu/api/publication/34788684 ID - 34788684 AB - A 2008-2009-es pénzügyi-gazdasági válság hatására számos pénzügyi innováció jelet meg, ezek közül az egyik a digitális peer-to-peer fizetési rendszert leíró és megvalósító Satoshi Nakamota nevével jegyzett, internetre, megosztott adatbázisokra és titkosításra épülő első kriptopénz a bitcoin. A bitcoin létrehozása és Bitcoin rendszer fenntartása meglehetősen sok villamos energiát igényel, a bitcoin bányászat és a tranzakciók lebonyolítása jelentős karbon lábnyomot hoz létre. A működéshez szükséges eszközök előállítása a környezetet is nagymértékben igénybe veszi, az elhasznált eszközök újra hasznosítására tett erőfeszítések jelentékenyek, de nem elegendően hatékonyak. Az utóbbi időben egyre nagyobb figyelmet fordítanak a kriptopénzek környezeti, fenntarthatósági hatásainak tanulmányozására. A Binace Astralia az első digitális tőzsde, amely ESG jelentést adott közre 2022. augusztus 31-én. Tanulmányunk első részében arra keressük a választ, hogy a kriptopénzügyek mennyire veszik igénybe a környezetet, milyen mérték járulnak hozzá a klíma változáshoz? Az elemzés a rendelkezésre álló adatok elemzésével történik. Ha létezne bitcoin érme, akkor azon az szerepelne, hogy „In cryptography we trust”. A pénzügyek egyik legfontosabb intézménye a bizalom. A bizalom egy fontos etikai kategória is egyben, az ESG megfelelés egyik alapja. Paul Krugman szerint „Bitcoin is Evil.” Vajon igaz-e ez a megállapítás? Ha a csalásoktól és az illegális tranzakcióktól eltekintünk, akkor is marad az a kérdés, hogy az utilitarizmus alapelve szerint a kriptopénzek szolgálják-e a lehető legnagyobb boldogságot a legtöbb ember számára? Kérdéseinkre az etika, az üzleti etika szakirodalma alapján válaszolunk. Következtetéseink: A korai kriptopénzek mögött lévő technológia (PoW) karbon lábnyoma jelentős, és hozzájárul a klíma változáshoz. A zöld kriptopénzek és a hozzájuk kapcsolódó blokklánc technológiák (PoS) jelentősen csökkentik a fajlagos környezeti igénybevételt. A kriptopénzek önmagukban nem teremtenek értéket, az értékteremtéshez szükséges a mögöttük lévő gazdasági tevékenység etikussága. LA - Hungarian DB - MTMT ER - TY - JOUR AU - Saher, L. AU - Tabák, L. AU - Lyeonov, S. AU - Vasa, László TI - Inclusive growth: Literature review JF - JOURNAL OF INTERNATIONAL STUDIES J2 - J INT STUDIES VL - 17 PY - 2024 IS - 1 SP - 205 EP - 232 PG - 28 SN - 2071-8330 DO - 10.14254/2071-8330.2024/17-1/12 UR - https://m2.mtmt.hu/api/publication/34784996 ID - 34784996 LA - English DB - MTMT ER - TY - JOUR AU - Zatonatskiy, Dmytro AU - Leonov, Serhiy AU - Cieśliński, Wojciech AU - Vasa, László TI - Determinants of global migration: The impact of ESG investments and foreign direct investment JF - ECONOMICS AND SOCIOLOGY J2 - ECON SOCIOL VL - 17 PY - 2024 IS - 1 SP - 215 EP - 235 PG - 21 SN - 2071-789X DO - 10.14254/2071-789X.2024/17-1/14 UR - https://m2.mtmt.hu/api/publication/34781951 ID - 34781951 AB - In response to global economic, social, and environmental problems, ESG investment principles have changed the approach to directing and structuring foreign direct investment. Additionally, they are becoming an essential factor in attracting migrants. This article aims to determine the impact of foreign direct investment on global migration trends and their peculiarities with the introduction of ESG investment principles. For this purpose, global foreign direct investment flows, global ESG investment flows, and global migration trends have been analyzed from 1995 to 2022. Pairwise correlation calculation was used as the primary analysis method through R-Studio software with integrated R programming language. The results indicated a 35% correlation between the volume of global ESG investment flows and the number of international migrants (as a percentage of the total population, which varies between 3.2% and 3.6%) for 2010-2022. Subsequently, regression analysis was conducted to explore the relationship between critical variables: investment flows and the level of migration in four European countries (France, Poland, the Czech Republic, and Germany). It was determined that investment inflows led to new jobs, accelerated economic growth, and improved business climate, thus encouraging reduced outflow and increased inflow of migrants. Investments based on ESG principles also reduce emigration as they enhance the quality of life in the host country, provide better environmental protection, and promote more transparent corporate management. However, it should be noted that investments have no apparent impact on migration caused by external factors such as wars or political conflicts, so such analysis should not include periods of global economic and political unrest. LA - English DB - MTMT ER - TY - JOUR AU - Vasa, László TI - Black Sea Region’s Role in the Middle Corridor: The New Golden Age? JF - WORKING PAPER SERIES IER VL - 2024 PY - 2024 IS - 51 SP - 66 EP - 67 PG - 2 SN - 1841-4281 UR - https://m2.mtmt.hu/api/publication/34779514 ID - 34779514 LA - English DB - MTMT ER -