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221
Beginning of the End of Cost Competitiveness in CEE Countries – Analysis of Dependence between Labor Costs and Internationalization of the Region
Published 2012-03-01“…In order to exemplify the above econometric model I carried out empirical analysis of the companies listed on the Warsaw Stock Exchange, identifying the companies for which efficiency-seeking is the main internationalization motive. …”
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222
Balance Sheet Theory During COVID-19: The Relationship Between Cash Flow and Investment in Polish Listed Companies
Published 2022-12-01“…This objective was achieved by examining the relationship between cash flow and investment, based on an Emerging Markets Information Services (EMIS) database covering companies listed on the Warsaw Stock Exchange, including the bourse’s alternative NewConnect market, and using panel econometric models (pooled OLS, Fixed Effect Model, Random Effect Model and Panel VAR). …”
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223
Risk Information in Non-Financial Disclosure
Published 2022-01-01“…This paper aims to research the topics related to risk included in non-financial disclosure (NFD) of companies listed on the Warsaw Stock Exchange (WSE) and explore factors that influence the risk topics ratio in NFD. …”
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224
An empirical evaluation of selected accounting-based value drivers in the Polish banking sector
Published 2016-08-01“…The examined sample covered all domestically-based banks listed on the Warsaw Stock Exchange over the period 1997–2014. The empirical evidence indicates a statistically significant positive impact of operating efficiency, profitability and risk management efficiency on charter values. …”
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225
Where is the missing value? Evidence from the game industry IPOs underpricing in Poland
Published 2022-12-01“…Many IPOs in Poland have attracted both international companies and investors, making the Warsaw Stock Exchange a kind of financial hub for game companies. …”
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226
Sustainable Enterprise Capital Management
Published 2020-02-01“…They were carried out in one of the food industry companies, whose shares are listed on the Warsaw Stock Exchange. Two new economic indicators were used in the study. …”
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227
An investment strategy based on the first derivative of the moving averages difference with parameters adapted by machine learning
Published 2022-05-01“…The strategy effectiveness was tested in the Matlab environment on the time series of the WIG20 (primary index of the Warsaw Stock Exchange) historical data. Satisfactory results were obtained considered in terms of minimizing investment risk measured by the Calmar indicator.…”
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228
THE IMPACT OF THE MARKET CYCLE ON THE VALUE RELEVANCE OF BOOK VALUES AND EARNINGS IN THE BANKING INDUSTRY: AN EVIDENCE FROM POLAND
Published 2018-05-01“…The examined sample covers all domestically-based commercial banks listed on the Warsaw Stock Exchange over the period 1997–2016. The empirical evidence based on the analyses of parametric and non-parametric correlation and regression indicates a significant impact of the market cycle on the value relevance of book values which markedly increases (decreases) in the periods of bull (bear) market. …”
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229
DEVELOPMENT OF THE MUNICIPAL BOND MARKET IN POLAND AFTER 1989
Published 2013-01-01“…The study is mainly based on the miscellaneous reports and statistics of the National Bank of Poland, Ministry of Finance, Central Statistical Office of Poland, Warsaw Stock Exchange or rating agency Fitch Polska. An important source of information was also the research conducted by the author, which concerned the perspective of servicing the local governments by commercial banks and the associated risk. …”
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230
BEHAVIOURAL SEASONAL ANOMALIES ON THE STOCK EXCHANGE – VERIFICATION OF THE JANUARY EFFECT ON THE WSE IN WARSAW
Published 2023-10-01“…The research conducted on the Warsaw Stock Exchange confirmed the presence of the January Effect in small- and medium-sized companies. …”
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231
An empirical evaluation of selected accounting-based value drivers in the Polish banking sector
Published 2016-08-01“…The examined sample covered all domestically-based banks listed on the Warsaw Stock Exchange over the period 1997–2014. The empirical evidence indicates a statistically significant positive impact of operating efficiency, profitability and risk management efficiency on charter values. …”
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232
Determinants of Initial Public Offerings: The Case of Poland || Factores determinantes de una opción pública de venta (OPV): el caso de Polonia
Published 2014-12-01“…Our sample includes 218 local enterprises that conducted an IPO on the Main Market of the Warsaw Stock Exchange. Financial and privatized companies are excluded from the data processing. …”
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233
The impact of capital structure on the market value of energy sector companies on the example of companies from Poland
Published 2019-01-01“…The focus of this article is to analyse the impact of capital structure on the value of energy sector companies listed on the Warsaw Stock Exchange. The proposed study will cover the last four years, i.e. 2014-2017, in quarterly terms. …”
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234
MANAGEMENT BOARD’S REPORT ON THE ACTIVITIES AS A TOOL OF CORPORATE GOVERNANCE: THE PERSPECTIVE OF CAPITAL PROVIDERS, SUPERVISORY BOARDS, AND OTHER STAKEHOLDERS
Published 2016-06-01“…The contents presented in this article are based on studies of domestic and foreign literature and an analysis of the annual reports of public companies listed on the Warsaw Stock Exchange. This paper analyses the usage of report on the activities for three categories of users, i.e., capital providers, supervisory boards, and other stakeholders. …”
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235
Determinants of Disclaimers in the Auditor’s Opinion on the Financial Statement
Published 2018-09-01“…The article aims to identify the determinants of obtaining other than qualified audit opinion by public companies listed on the Warsaw Stock Exchange, based on an analysis of financial statements prepared in accordance with International Financial Reporting Standards (IFRS) and determining signs of their impact on the probability of receiving such an opinion. …”
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236
Accounting and Market Risk Measures of Polish Energy Companies
Published 2022-03-01“…The study aims to examine the relationship between market and accounting risk measures for Polish energy companies listed on the Warsaw Stock Exchange. This paper uses market and accounting betas in the conventional and downside approach. …”
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237
Determinants of Cash Holdings in Listed Companies in Poland
Published 2018-09-01“…The analysis was conducted on the basis of unbalanced panel data containing information on the financial statements of companies listed on the Warsaw Stock Exchange between 1999 and 2015 as well as information on the macroeconomic environment. …”
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238
Exploring the Nexus Between Fundamental Strength and Market Value in Energy Companies: Evidence From Environmental, Social, and Corporate Governance Perspective in Poland
Published 2022-04-01“…The analysis covers companies from the energy sector (listed on the Warsaw Stock Exchange) that declare the use of ESG practices. …”
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239
Diversity on management and supervisory board and accuracy of management earnings forecasts in IPO prospectuses
Published 2019-09-01“…</p>Results: Using a sample of 104 IPOs from the Warsaw Stock Exchange, we find that certain characteristics of the management and supervisory board enhance the usefulness of forward-looking financial information from a IPO prospectus, as some of boards characteristics are important for the evaluation of the earnings forecasts credibility at the time of IPO. …”
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240
Phases in the Lifecycle of a Company and the Profitability of Industrial Companies
Published 2017-12-01“…Materials and methods: The article uses data from individual annual financial statements of industrial companies in accordance with the classification of the Warsaw Stock Exchange. In order to investigate whether there are essential differences in the level of profitability of companies in various phases of their lifecycle, due to significant deviations from normality, the nonparametric Kruskal-Wallis H test was used. …”
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