TY - JOUR AU - Maina, Purity Watetu AU - Parádi-Dolgos, Anett TI - The Effectiveness of Climate Adaptation Finance and Readiness on Vulnerability in African Economies JF - CLIMATE J2 - CLIMATE VL - 12 PY - 2024 IS - 5 SN - 2225-1154 DO - 10.3390/cli12050059 UR - https://m2.mtmt.hu/api/publication/34826370 ID - 34826370 AB - 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. LA - English DB - MTMT ER - TY - JOUR AU - Ahmed, Amanj Mohamed AU - Nugraha, Deni Pandu AU - Hágen, István Zsombor TI - Assessing the Impact of COVID-19 on Capital Structure Dynamics: Evidence from GCC Economies JF - ECONOMIES J2 - ECONOMIES VL - 12 PY - 2024 IS - 5 SP - 103 SN - 2227-7099 DO - 10.3390/economies12050103 UR - https://m2.mtmt.hu/api/publication/34825900 ID - 34825900 AB - 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. LA - English DB - MTMT ER - TY - JOUR AU - Nugraha, Deni Pandu AU - Setiawan, Budi AU - Emilda, Emilda AU - Masyhuri, Muhammad AU - Quynh, Mac Nhu AU - Nathan, Robert Jeyakumar AU - Farkasné Fekete, Mária AU - Hágen, István Zsombor TI - Role of Financial Literacy and Saving Habits on Fintech Adoption post Covid-19 JF - ETIKONOMI J2 - Etikonomi VL - 23 PY - 2024 IS - 1 SP - 63 EP - 80 PG - 18 SN - 1412-8969 DO - 10.15408/etk.v23i1.37856 UR - https://m2.mtmt.hu/api/publication/34806154 ID - 34806154 AB - 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. 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 - Maina, Purity AU - Gyenge, Balázs AU - Farkasné Fekete, Mária AU - Parádi-Dolgos, Anett TI - Analyzing Trends in Green Financial Instrument Issuance for Climate Finance in Capital Markets JF - JOURNAL OF RISK AND FINANCIAL MANAGEMENT J2 - J RISK FINANC MANAG VL - 17 PY - 2024 IS - 4 SN - 1911-8066 DO - 10.3390/jrfm17040145 UR - https://m2.mtmt.hu/api/publication/34779245 ID - 34779245 AB - 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. LA - English DB - MTMT ER - TY - JOUR AU - Koroseczné Pavlin, Rita AU - Koponicsné Györke, Diána TI - THE EFFECT OF VAT REDUCTIONS ON NEWLY BUILT PROPERTIES AND CONSTRUCTIONS IN HUNGARY JF - Acta Scientiarum Polonorum, Administratio Locorum VL - 23 PY - 2024 IS - 1 SP - 91 EP - 100 PG - 10 SN - 2450-0771 DO - 10.31648/aspal.9001 UR - https://m2.mtmt.hu/api/publication/34747831 ID - 34747831 LA - English DB - MTMT ER - TY - JOUR AU - Kálmán, Botond Géza AU - Szőke, Brigitta TI - Financial Behaviour of Tertiary Students, and Influencing Factors JF - INTERNATIONAL JOURNAL OF MANAGEMENT IN EDUCATION J2 - INT J MANAGEMENT EDUCATION PY - 2024 SN - 1750-385X UR - https://m2.mtmt.hu/api/publication/34232269 ID - 34232269 AB - 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. LA - English DB - MTMT ER - TY - JOUR AU - Földi, Péter AU - Parádi-Dolgos, Anett AU - Bareith, Tibor TI - Examination of the Performance of Food Industry Enterprises Between 2010 and 2021 JF - REGIONAL AND BUSINESS STUDIES J2 - REG BUS STUD VL - 15 PY - 2023 IS - 2 SP - 59 EP - 71 PG - 13 SN - 2061-2311 DO - 10.33568/rbs.4407 UR - https://m2.mtmt.hu/api/publication/34791498 ID - 34791498 LA - English DB - MTMT ER - TY - CHAP AU - Szőke, Brigitta ED - Bujdosó, Zoltán TI - DEVELOPING A FINANCIAL CULTURE T2 - A tudomány világa : A MATE Károly Róbert Campusán megrendezett 2023. évi workshop előadásainak összefoglalói PB - Magyar Agrár- és Élettudományi Egyetem Károly Róbert Campus CY - Gyöngyös SN - 9786155969058 PY - 2023 SP - 63 EP - 63 PG - 1 UR - https://m2.mtmt.hu/api/publication/34760582 ID - 34760582 LA - English DB - MTMT ER - TY - JOUR AU - Bartl, Bianka AU - Vajdáné Szabó, Ildikó TI - Examination of the profitability of poultry farms JF - GEORGIKON FOR AGRICULTURE: A MULTIDISCIPLINARY JOURNAL IN AGRICULTURAL SCIENCES J2 - GEORGIKON AGRICUL VL - 27 PY - 2023 IS - 2 SP - 1 EP - 11 PG - 11 SN - 0239-1260 UR - https://m2.mtmt.hu/api/publication/34560187 ID - 34560187 LA - English DB - MTMT ER -