@article{MTMT:34826370, title = {The Effectiveness of Climate Adaptation Finance and Readiness on Vulnerability in African Economies}, url = {https://m2.mtmt.hu/api/publication/34826370}, author = {Maina, Purity Watetu and Parádi-Dolgos, Anett}, doi = {10.3390/cli12050059}, journal-iso = {CLIMATE}, journal = {CLIMATE}, volume = {12}, unique-id = {34826370}, abstract = {Addressing climate vulnerability remains a priority for economies globally. This study used the panel-corrected standard error (PCSE) methodology to investigate the impact of adaptation financing on climate vulnerability. This analysis examined 52 African countries from 2012 to 2021 while considering their climate adaptation readiness. The impact was also assessed based on the Human Development Index (HDI) categories to reflect different levels of development. The findings showed that adaptation finance considerably influenced climate vulnerability reduction in Africa, particularly in nations with a moderate HDI. However, most countries still need higher levels of adaptation financing, resulting in a small impact on vulnerability reduction. Furthermore, the impact of readiness measures differed by HDI category. Economic and social climate readiness strongly impacted climate vulnerability in high-HDI nations, but governance preparedness was more critical in low-HDI countries. Based on the empirical facts, two policy proposals emerge. First, it is critical to reconsider the distribution of adaptation financing to reduce disparities and effectively alleviate climate vulnerability. Moreover, African economies should consider implementing innovative localized financing mechanisms to mobilize extra adaptation finance. Second, African governments should customize climate readiness interventions based on their HDI levels to improve the achievement of a positive impact on climate vulnerability.}, keywords = {Africa; climate vulnerability; climate adaptation finance; climate readiness; panel-corrected standard error analysis}, year = {2024}, eissn = {2225-1154} } @article{MTMT:34825900, title = {Assessing the Impact of COVID-19 on Capital Structure Dynamics: Evidence from GCC Economies}, url = {https://m2.mtmt.hu/api/publication/34825900}, author = {Ahmed, Amanj Mohamed and Nugraha, Deni Pandu and Hágen, István Zsombor}, doi = {10.3390/economies12050103}, journal-iso = {ECONOMIES}, journal = {ECONOMIES}, volume = {12}, unique-id = {34825900}, issn = {2227-7099}, abstract = {This study seeks to investigate the potential effects of the recent pandemic (COVID-19) on capital structure dynamics. The Gulf Cooperation Council (GCC) is a fascinating topic for this study because of its distinct economic characteristics. The analysis draws upon a cross-country dataset covering 208 non-financial listed firms across five GCC countries, with data spanning the years 2010 to 2022. Capital structure is a dependent variable and is measured by total debt to equity, equity multiplier, and short-term debt ratios, while the COVID-19 pandemic, firm size growth, return on assets, tangibility, and growth were applied as independent variables. Using the generalized least squares (GLS) method, findings demonstrated that COVID-19 has a significant and positive influence on debt-to-equity and equity multiplier ratios but a negative one on short-term debt ratio. Thus, non-financial firms increased their debt financing and transferred debt from short-term to long-term funding. In addition, firm-specific factors, such as firm size, tangibility, and macroeconomic factors, such as GDP growth, positively and significantly impact capital financing. Conversely, profitability has a negative relationship with financial leverage. There is a lack of empirical research on how COVID-19 affects the financial structure of non-financial listed companies in GCC nations. Consequently, by filling the previously specified gaps, this study provides proof to support the idea of using debt financing to raise capital for economic recovery. GCC policymakers need to give priority to ensuring that firms have convenient access to inexpensive finance in light of the financial consequences caused by COVID-19. This will guarantee that companies have the resources necessary to bounce back and support economic growth.}, year = {2024}, pages = {103}, orcid-numbers = {Ahmed, Amanj Mohamed/0000-0001-8743-0799; Nugraha, Deni Pandu/0000-0001-8138-1420} } @article{MTMT:34806154, title = {Role of Financial Literacy and Saving Habits on Fintech Adoption post Covid-19}, url = {https://m2.mtmt.hu/api/publication/34806154}, author = {Nugraha, Deni Pandu and Setiawan, Budi and Emilda, Emilda and Masyhuri, Muhammad and Quynh, Mac Nhu and Nathan, Robert Jeyakumar and Farkasné Fekete, Mária and Hágen, István Zsombor}, doi = {10.15408/etk.v23i1.37856}, journal-iso = {Etikonomi}, journal = {ETIKONOMI}, volume = {23}, unique-id = {34806154}, issn = {1412-8969}, abstract = {Research Originality: This research paper enriches existing literature on drivers of fintech adoption, including the impact of perceived trust, individual innovativeness, savings habits, and government support on Indonesian users' post-COVID-19 pandemic fintech adoption intentions.Research Objectives: This study examines the impact of post-covid changes in people's behaviour, savings habits and accelerated financial literacy on strengthening Technology Adoption Model (TAM) among Indonesian fintech users. Research Methods: The researchers surveyed 536 people living in Indonesia. The data was analysed using structural equation modelling with moderator variables. Empirical Results: It found that ease of use, usefulness, trust and personal innovativeness are key drivers of adoption intentions. The research also found that savings habits significantly increase the influence of government support on fintech adoption. Implications: This research has two important implications. First, digital finance companies should further improve fintech app service quality and security. Second, the government should also encourage the expansion of a fintech-based startup ecosystem by providing regulatory support to accelerate the progress of Indonesia's digital finance industry.JEL Classification: M21, G23, O36How to Cite:Nugraha, D. P., Setiawan, B., Emilda, E., Masyhuri, M., Quynh, M. N., Nathan, R. J., Fekete-Farkas, M., & Hagen, I. (2024). Role of Financial Literacy and Saving Habits on Fintech Adoption post Covid-19. Etikonomi, 23(1), 63 – 80. https://doi.org/10.15408/etk.v23i1.37856.}, year = {2024}, eissn = {2461-0771}, pages = {63-80}, orcid-numbers = {Nugraha, Deni Pandu/0000-0001-8138-1420; Masyhuri, Muhammad/0000-0003-3383-5517} } @article{MTMT:34796966, title = {Optimising Portfolio Risk by Involving Crypto Assets in a Volatile Macroeconomic Environment}, url = {https://m2.mtmt.hu/api/publication/34796966}, author = {Bányai, Attila and Tatay, Tibor and Thalmeiner, Gergő and Pataki, László}, doi = {10.3390/risks12040068}, journal-iso = {RISKS}, journal = {RISKS}, volume = {12}, unique-id = {34796966}, issn = {2227-9091}, abstract = {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.}, year = {2024}, orcid-numbers = {Pataki, László/0000-0003-3093-6988} } @article{MTMT:34779245, title = {Analyzing Trends in Green Financial Instrument Issuance for Climate Finance in Capital Markets}, url = {https://m2.mtmt.hu/api/publication/34779245}, author = {Maina, Purity and Gyenge, Balázs and Farkasné Fekete, Mária and Parádi-Dolgos, Anett}, doi = {10.3390/jrfm17040145}, journal-iso = {J RISK FINANC MANAG}, journal = {JOURNAL OF RISK AND FINANCIAL MANAGEMENT}, volume = {17}, unique-id = {34779245}, issn = {1911-8066}, abstract = {Numerous stakeholders concur that tackling the climate change effect requires massive financial mobilization from the public and private sectors to reduce the climate financing gap. Capital markets are among the key players fostering this mobilization by issuing green financial instruments and facilitating capital flows to green investments. The study aimed to conduct a bibliometric analysis to fill a knowledge gap by evaluating the status and linkages in the literature on capital markets’ green financial instrument issuances. We utilized the Bibliometrix R package and VOS viewer to analyze 314 relevant publications from the Web of Science in 2017–2023 following the Sustainable Stock Exchanges’ green finance voluntary action plan. The analysis entailed mapping the scientific production trends, journal significance, author productivity, keyword linkages, emerging and trending topics, and collaborations within social structures. Further, the study assessed the applicability of Bradford’s, Zipf’s, and Lotka’s bibliometric laws. We highlight six conclusions based on the analysis, their relevance to various stakeholders, and future research directions. The findings are essential in enhancing the decision-making process of policymakers, corporations, responsible investors, and researchers interested in understanding the effectiveness and impact of green financial instruments.}, keywords = {bibliometric analysis; climate finance; Capital Markets; green financial instruments}, year = {2024}, eissn = {1911-8074}, orcid-numbers = {Maina, Purity/0000-0002-8673-611X} } @article{MTMT:34747831, title = {THE EFFECT OF VAT REDUCTIONS ON NEWLY BUILT PROPERTIES AND CONSTRUCTIONS IN HUNGARY}, url = {https://m2.mtmt.hu/api/publication/34747831}, author = {Koroseczné Pavlin, Rita and Koponicsné Györke, Diána}, doi = {10.31648/aspal.9001}, journal = {Acta Scientiarum Polonorum, Administratio Locorum}, volume = {23}, unique-id = {34747831}, issn = {2450-0771}, keywords = {fiscal policy; Real estate market; reduced tax rate}, year = {2024}, eissn = {1644-0749}, pages = {91-100} } @article{MTMT:34232269, title = {Financial Behaviour of Tertiary Students, and Influencing Factors}, url = {https://m2.mtmt.hu/api/publication/34232269}, author = {Kálmán, Botond Géza and Szőke, Brigitta}, journal-iso = {INT J MANAGEMENT EDUCATION}, journal = {INTERNATIONAL JOURNAL OF MANAGEMENT IN EDUCATION}, unique-id = {34232269}, issn = {1750-385X}, abstract = {Keywords: financial behaviour; tertiary students; influencing factors; questionnaire survey; factor analysis; linear ANCOVA; management in education; pandemic crisis; financial education; economic students. Abstract: The purpose of the research is to examine the factors determining the financial behaviour of university students. The actuality of the investigation is given by the ongoing coronavirus pandemic and the resulting crisis. Our goal was to collect new knowledge for the development of more modern financial higher education. We analysed the results of our own offline questionnaire survey conducted in 2019 and 2020. The responses were statistically processed with factor analysis and linear ANCOVA model. We have shown that the financial behaviour of economic and law students is more active than others. Financial knowledge is important for financial activity, but a high degree of awareness has the same effect. Among university students, the pandemics did not cause any significant changes in financial behaviour. The benefit of our results is their possible applicability in economic and financial education.}, year = {2024}, eissn = {1750-3868}, orcid-numbers = {Kálmán, Botond Géza/0000-0001-8031-8016} } @article{MTMT:34791498, title = {Examination of the Performance of Food Industry Enterprises Between 2010 and 2021}, url = {https://m2.mtmt.hu/api/publication/34791498}, author = {Földi, Péter and Parádi-Dolgos, Anett and Bareith, Tibor}, doi = {10.33568/rbs.4407}, journal-iso = {REG BUS STUD}, journal = {REGIONAL AND BUSINESS STUDIES}, volume = {15}, unique-id = {34791498}, issn = {2061-2311}, keywords = {food industry; Profitability; Subsidies; COVID; performance under influence factor}, year = {2023}, pages = {59-71}, orcid-numbers = {Bareith, Tibor/0000-0002-9971-9597} } @{MTMT:34760582, title = {DEVELOPING A FINANCIAL CULTURE}, url = {https://m2.mtmt.hu/api/publication/34760582}, author = {Szőke, Brigitta}, booktitle = {A tudomány világa : A MATE Károly Róbert Campusán megrendezett 2023. évi workshop előadásainak összefoglalói}, unique-id = {34760582}, year = {2023}, pages = {63-63} } @article{MTMT:34560187, title = {Examination of the profitability of poultry farms}, url = {https://m2.mtmt.hu/api/publication/34560187}, author = {Bartl, Bianka and Vajdáné Szabó, Ildikó}, journal-iso = {GEORGIKON AGRICUL}, journal = {GEORGIKON FOR AGRICULTURE: A MULTIDISCIPLINARY JOURNAL IN AGRICULTURAL SCIENCES}, volume = {27}, unique-id = {34560187}, issn = {0239-1260}, keywords = {INCOME; liquidity; Subsidies}, year = {2023}, pages = {1-11} }