Repozytorium AGH
Repozytorium instytucjonalne Akademii Górniczo-Hutniczej im. Stanisława Staszica w Krakowie
Zbiory i Kolekcje
Publikacje i materiały zdeponowane w Repozytorium AGH.
Ostatnie wpływy
Artykuł
Tylko metadane
What do German bank customers want? The importance of customer expectations and the failure of the integral customer advisory service
(Wydawnictwa AGH, 2020) Hastenteufel, Jessica; Kiszka, Sabrina
Banks and financial service providers are currently facing numerous challenges due to the ongoing cheap money policy of the European Central Bank, an increasingly regulated market environment and a rapidly progressive digitization. The ongoing decline in interest income and the stagnating of a banks commission income are currently leading to a reduction of a banks total income. In addition, there is digitization that brings numerous new competitors into the market and changes the core business models of banks. As a result, the general conditions in the financial sector change fundamentally and continue to do so in the near future. Moreover, the behaviour and expectations of bank customers have changed in a way that factors such as "convenience", "flexibility" and "speed" have become increasingly important for them. For this reason, we will start with a theoretical overview of the status quo and the current challenges banks are facing and then present the results of our customer survey to highlight the current expectations of bank customers. Based on this, we formulate recommendations for banks on how to meet their customers' expectations.
Artykuł
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Testing for the economic and environmental impacts of EU Emissions Trading System - a panel GMM approach
(Wydawnictwa AGH, 2020) Gretszel, Piotr; Gurgul, Henryk|Lach, Łukasz|Schleicher, Stefan P.
The COVID-19 pandemic has had a great impact on the economies of the EU, also with regard to the future of EU climate policy. The plan to rebuild and support the EU economy seems to place less emphasis on environmental issues as the main focus has been shifted to a quick economic recovery. One of the issues discussed in this context is the continued operation of the EU ETS. From this perspective, empirical research devoted to a thorough analysis of the impact of the EU ETS is of particular importance. At the same time, the current economic literature lacks any econometric analyzes devoted to the issues in question that would use detailed and reliable databases on EU ETS like the one provided by the Wegener Center for Climate and Global Change. The aim of this paper is to make a preliminary assessment of the effectiveness of the EU ETS in terms of reducing the actual emissions while preserving the economic growth of EU member states. The extensive empirical analysis is focused on examining the issues in question for different phases of the EU ETS and various groups of EU economies that vary in terms of economic development and the overall air pollutant emission.
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Functional business valuation - the theoretical foundation of argumentation value and its underlying function
(Wydawnictwa AGH, 2020) Matschke, Manfred Jürgen; Brösel, Gerrit|Thielmann, Patrick
Functional business valuation is the prevailing doctrine in the theoretically well-founded German-language literature, because the value of a company is primarily dependent on the purpose (function) of the valuation. This paper deals with one of the three main functions of business valuation: the argumentation function. This is where the argumentation value of the business is determined. The argumentation function is the function that has been the least theoretically developed and accepted to date, but is probably the most commonly used one in the real world. This article shows for the first time in the English-language literature the core ideas of the theoretical foundation of this function.
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Regulation of the Ukrainian labor market in the context of European integration: system priorities
(Wydawnictwa AGH, 2020) Rìsnij, Oleg Petrovič
The purpose of the study is to research the effective international practice of European integration and identify the main system priorities of an effective transformation of the state policy of labor market regulation for Ukraine. The research methods are a comparative analysis concerning the activity of the employment services, the labor market situation in Ukraine and abroad, in particular in Eastern Europe, a statistical analysis of the structure of the employment level, of annual earnings etc., and a systemic analysis, aimed to improve the direction of labor market regulation.
Artykuł
Tylko metadane
Low interest rates - a real threat to German banks or first-class whining?!
(Wydawnictwa AGH, 2020) Hastenteufel, Jessica; Fuchs, Lena
The current phase of low interest rates poses major challenges for banks. A continuous decline in the interest result, which is so important for the profitability of banks, has been observed for years, as it is becoming increasingly difficult for banks to generate sufficient income from the interest margin. This is partly due to the European Central Bank's expansive monetary policy. However, other factors, such as advancing digitization, also play a role here. The structure of the German banking market and the mostly strong focus of German banks on interest-bearing business are also increasingly becoming a problem. Still, the question arises, whether the current phase of low interest rates is actually a serious threat to banks or whether they are complaining at a high level.