TY - JOUR AU - Keresztúri, Judit Lilla AU - Berlinger, Edina AU - Lublóy, Ágnes TI - Environmental policy and stakeholder engagement: Incident‐based, cross‐country analysis of firm‐level greenwashing practices JF - CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT J2 - CORP SOC RESPONS ENVIRON MANAGNAG. PY - 2024 PG - 19 SN - 1535-3958 DO - 10.1002/csr.2945 UR - https://m2.mtmt.hu/api/publication/35191682 ID - 35191682 AB - In this study, we investigate how internal and external monitoring systems can help combat greenwashing. We propose a novel, incident‐based measure to investigate the greenwashing behavior of 1218 large and mid‐cap companies across different industries between 2008 and 2020. These companies are constituents of the MSCI World Index, covering 23 developed market economies. We consider a company to be engaged in greenwashing if it improves its environmental ESG subscore while simultaneously being responsible for severe environmental damage. According to our greenwashing indicator, about 7% of the companies were involved in greenwashing at least once during the 13‐year sample period. The proportion of greenwashing companies is highest in the energy, utilities, and materials industries. We find evidence that both internal and external monitoring mechanisms can be effective in deterring companies from adopting greenwashing strategies. Firms with more independent board members, attracting more attention from the investors, and headquartered in countries where the population is more environmentally aware are significantly less likely to engage in greenwashing. The awareness of the population is a key factor especially in the energy, utility, and material sectors. LA - English DB - MTMT ER - TY - JOUR AU - Kivilo, Samela AU - Tesliuks, Antons AU - Lublóy, Ágnes TI - Factors influencing US equity-crowdfunded companies' ability to survive JF - VENTURE CAPITAL J2 - VENT CAP PY - 2024 PG - 28 SN - 1369-1066 DO - 10.1080/13691066.2023.2300144 UR - https://m2.mtmt.hu/api/publication/34505448 ID - 34505448 AB - This study investigates the factors being associated with equity-crowdfunded companies' likelihood of survival in the US. We focus on factors observable to crowdinvestors, either being set by entrepreneurs (signals) or being non-alterable (determinants), at least in the short run. Such observable factors at the time of crowdinvesting include company and campaign characteristics, growth potential, and company riskiness. Cox proportional hazards model is used on a sample of 429 US equity-crowdfunded companies. We find that 89% of the companies survived for a minimum of three years after a successfully funded initial equity offering. This survival rate is around ten percentage points higher than in Europe. We document that equity retention, funding goal, and current year revenue estimate are associated with the likelihood of building an enduring business. Higher proportion of equity offered to crowdinvestors signals lower investment quality and thus lower probability of survival. In contrast, companies with higher funding target and current year revenue have better prospects for survival after a successful equity offering. The funding goal affects the probability of survival through the capital intensity channel; if a company in a capital intense industry has been successfully funded, the threat from the competitors is lower given the high entry barriers. LA - English DB - MTMT ER - TY - JOUR AU - Keresztúri, Judit Lilla AU - Berlinger, Edina AU - Lublóy, Ágnes TI - Blowing the whistle on corporate fraud: the role of regulators and journalists in the financial vs non-financial sectors JF - APPLIED ECONOMICS J2 - APPL ECON VL - 55 PY - 2023 IS - 11 SP - 1273 EP - 1284 PG - 12 SN - 0003-6846 DO - 10.1080/00036846.2022.2096872 UR - https://m2.mtmt.hu/api/publication/32992473 ID - 32992473 LA - English DB - MTMT ER - TY - JOUR AU - Gatulytė, Ieva AU - Verdiņa, Valērija AU - Vārpiņa, Zane AU - Lublóy, Ágnes TI - Level of health literacy in Latvia and Lithuania: a population-based study JF - ARCHIVES OF PUBLIC HEALTH J2 - ARCH PUBL HEALTH VL - 80 PY - 2022 IS - 1 PG - 26 SN - 0778-7367 DO - 10.1186/s13690-022-00886-3 UR - https://m2.mtmt.hu/api/publication/33023039 ID - 33023039 LA - English DB - MTMT ER - TY - JOUR AU - Berlinger, Edina AU - Keresztúri, Judit Lilla AU - Lublóy, Ágnes AU - Tamásné Vőneki, Zsuzsanna TI - Press freedom and operational losses: The monitoring role of the media JF - JOURNAL OF INTERNATIONAL FINANCIAL MARKETS INSTITUTIONS & MONEY J2 - J INT FINANC MARK I VL - 77 PY - 2022 PG - 20 SN - 1042-4431 DO - 10.1016/j.intfin.2021.101496 UR - https://m2.mtmt.hu/api/publication/32599152 ID - 32599152 N1 - TKP2021-NVA ; NKFIH, K-138826. LA - English DB - MTMT ER - TY - JOUR AU - Berlinger, Edina AU - Keresztúri, Judit Lilla AU - Lublóy, Ágnes AU - Tamásné Vőneki, Zsuzsanna TI - Does governance matter?. Country-level determinants of operational risk TS - Country-level determinants of operational risk JF - SOCIETY AND ECONOMY J2 - SOC ECON VL - 43 PY - 2021 IS - 4 SP - 289 EP - 313 PG - 25 SN - 1588-9726 DO - 10.1556/204.2021.00018 UR - https://m2.mtmt.hu/api/publication/32458729 ID - 32458729 LA - English DB - MTMT ER - TY - JOUR AU - Lublóy, Ágnes TI - Medical crowdfunding in a healthcare system with universal coverage: an exploratory study JF - BMC PUBLIC HEALTH J2 - BMC PUBLIC HEALTH VL - 20 PY - 2020 IS - 1 SN - 1471-2458 DO - 10.1186/s12889-020-09693-3 UR - https://m2.mtmt.hu/api/publication/31664267 ID - 31664267 LA - English DB - MTMT ER - TY - JOUR AU - Lublóy, Ágnes AU - Keresztúri, Judit Lilla AU - Németh, Attila AU - Mihalicza, Péter TI - Exploring factors of diagnostic delay for patients with bipolar disorder: a population-based cohort study JF - BMC PSYCHIATRY J2 - BMC PSYCHIATRY VL - 20 PY - 2020 IS - 1 PG - 17 SN - 1471-244X DO - 10.1186/s12888-020-2483-y UR - https://m2.mtmt.hu/api/publication/31342218 ID - 31342218 LA - English DB - MTMT ER - TY - CHAP AU - Matiss, Andersons AU - Lauris, Krasovskis AU - Lublóy, Ágnes ED - Kondor, Gábor ED - Kerényi, Péter ED - Petróczy, Dóra Gréta ED - Dömötör, Barbara Mária ED - Havran, Dániel TI - Price evolution of major cryptocurrencies and attitude on the Internet T2 - Annual Financial Market Liquidity Conference, 2019 PB - Corvinus University of Budapest, Foundation of the Department of Finance CY - Budapest SN - 9789635038091 PY - 2019 SP - 13 EP - 14 PG - 2 UR - https://m2.mtmt.hu/api/publication/31125249 ID - 31125249 LA - English DB - MTMT ER - TY - JOUR AU - Lublóy, Ágnes TI - Economic burden of migraine in Latvia and Lithuania: direct and indirect costs JF - BMC PUBLIC HEALTH J2 - BMC PUBLIC HEALTH VL - 19 PY - 2019 IS - 1 PG - 26 SN - 1471-2458 DO - 10.1186/s12889-019-7461-2 UR - https://m2.mtmt.hu/api/publication/30823221 ID - 30823221 AB - Background Migraine is a primary headache disorder which affects all aspects of life. The financial burden of migraine imposed on the society might be substantial. This study aims at estimating the economic cost of migraine in Latvia and Lithuania, including both direct and indirect costs. Direct costs encompass the costs of migraine-related health care resource utilization. Indirect costs are related to productivity loss, the potential or expected earnings lost due to migraine. Methods Direct cost is assessed by using the prevalence method, a widely used cost-of-illness approach. The prevalence rate of migraine and the migraine-related health care resource utilization are proxied from the literature, whereas unit cost of medical services and procedures are retrieved from national databases and providers. For estimating the indirect cost of migraine, we follow the human capital approach. We quantify three components of indirect costs: reduced labour force participation, absence from work and reduced productivity while at work. The number of unemployed migraineurs, days missed from work and days lost due to impairment while at work are drawn from the literature. Unemployment rate and average income in Latvia and Lithuania are then inserted to assess indirect costs. Results We find that the mean per-person total cost of migraine is euro801 annually in Latvia, and euro721 in Lithuania. In both countries around 30% of total cost is direct cost; cost related to a wide array of migraine-related medical services and interventions. The total cost of migraine is euro112.26 million in Latvia, corresponding to 0.42% of Latvia's GDP. The total cost of migraine is euro149.62 million in Lithuania, corresponding to 0.35% of Lithuania's GDP. In both countries two thirds of total cost is related to lost workdays due to absenteeism and presenteeism. Conclusions The financial burden of migraine imposed on the society is substantial in Latvia and Lithuania. Improvements in care for patients with migraine, such as easier access to structured headache assessment services, wider availability of various procedures and preventive medications would significantly increase direct costs. Nevertheless, this cost increase might be far outweighed by lower migraine-related productivity loss, especially as the prevalence of migraine is the highest in the most productive years of life. LA - English DB - MTMT ER -