A Survey of External and Internal Factors Influencing the Cost of Equity: The Case of Czech Companies

Mokhova, Natalia; Zinecker, Marek

doi:10.5755/j01.ee.30.2.19221

Cited by 4 publications

(3 citation statements)

References 42 publications

(66 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…dimensions determining enterprise development. Recent publications in the field relevant to economic and social dimensions of sustainable development and enterprise responses include the following: Mokhova and Zinecker (2019), Mihardjo and Rukmana (2019), Li et al (2020).…”

Section: Identification Of Trends In Researchmentioning

confidence: 99%

Do changes in the business environment and sustainable development really matter for enhancing enterprise development?

Brychko

Bilan

Lyeonov

et al. 2022

Sustainable Development

View full text Add to dashboard Cite

The accomplishment of sustainable development goals has become a global initiative to encourage renewable energy, reduce wasteful energy consumption and increase investment in energy efficiency projects. The number of publications devoted to sustainable development, environmental protection and green investments is growing exponentially. Firstly, this study is committed to provide a comprehensive overview of research literature on enterprise development in decades-long, focusing on the sustainable development and business environment field. Secondly, it seeks to elaborate the most comprehensive structural model examining the multilateral and facilitative role of internal and external business environment changes in the relationship between sustainable development and enterprise development. A bibliometric analysis via VOSviewer was applied to detect and visualize the research trends and display the research status of enterprise development under the changes in the business environment and sustainable development. A confirmatory factor analysis and structural equation modeling were performed to develop, implement and verify a conceptual structural model examining the multilateral and facilitative role of internal and external business environment changes in the relationship between sustainable development and enterprise development. Mapping bibliographic data based on cocitation, co-occurrence, bibliographic coupling, and network and content analysis showed that generally, researchers had made significant efforts to investigate different links that arise between enterprises development, sustainable development, and business environment separately in different combinations. Structural equation modeling showed that the argument that sustainable development directly causes enterprise development is disputable since sustainable development focuses on changes in the

show abstract

Section: Identification Of Trends In Researchmentioning

confidence: 99%

Do changes in the business environment and sustainable development really matter for enhancing enterprise development?

Brychko

Bilan

Lyeonov

et al. 2022

Sustainable Development

View full text Add to dashboard Cite

show abstract

“…The decision to pay dividends is (Alekneviciene, Domeika, & Jatkunaite, 2006). The cost of equity (Mokhova & Zinecker, 2019). The net profit can be transferred to the shareholders in the form of dividends or stock repurchases.…”

Section: Introductionmentioning

confidence: 99%

The Proposal of Corporate Payout Decisions’ Modelling

Kowerski¹,

Kaźmierska-Jóźwiak²

2022

View full text Add to dashboard Cite

Decisions on a company’s profit sharing are the most important financial decisions for both the shareholders as a source of additional income and the company as the source of cash outflow. The net profit can be transferred to the shareholders in the form of dividends or stock repurchases. Due to the fact that for both, dividends and share repurchase, the source of payments is the net profit (either last year profit, or retained profit), it can be assumed that decisions regarding dividend payments and share repurchases are interdependent. Therefore, a very important and so far without an unequivocal solution is the problem of measuring the relationship between decisions on dividend payments and share repurchases (whether to pay out a company’s profit in one of the forms, in both forms or at all). Taking into consideration the possibility of interdependence of both forms of corporate payout policy as well as the fact that data describing payout policy are of panel nature and the relationships between the decisions and the determinants may be non-linear, two simultaneous equations second order panel binomial choice model with random specific effects, the parameters of which are estimated in the same way as in the two stage least squares, was suggested for modelling the payout policy. The modelling procedure was verified by the estimation of the model on a balanced panel of 153 companies listed on the Warsaw Stock Exchange over the period 2008–2016 (1,377 observations). The study results show that the proposed procedure enables the selection of appropriate factors determining the decisions on dividends and share repurchases and the assessment of the relationship between them. It takes into the consideration the panel nature of the data and the possibility of heterogeneity and removes the phenomenon of endogeneity in the model, thereby, filling an existing gap in the literature on corporate payout decisions.

show abstract

“…Today's businesses need to take advantage of the latest technology to grow and compete globally [22][23][24][25]. Effective and efficient implementation of AI solutions in companies, in addition to significant financial outlays [26,27], also requires the trust of employees in its usability and functionality [28][29][30].…”

Section: Introductionmentioning

confidence: 99%

Employees’ Trust in Artificial Intelligence in Companies: The Case of Energy and Chemical Industries in Poland

et al. 2021

View full text Add to dashboard Cite

The use of artificial intelligence (AI) in companies is advancing rapidly. Consequently, multidisciplinary research on AI in business has developed dramatically during the last decade, moving from the focus on technological objectives towards an interest in human users’ perspective. In this article, we investigate the notion of employees’ trust in AI at the workplace (in the company), following a human-centered approach that considers AI integration in business from the employees’ perspective, taking into account the elements that facilitate human trust in AI. While employees’ trust in AI at the workplace seems critical, so far, few studies have systematically investigated its determinants. Therefore, this study is an attempt to fill the existing research gap. The research objective of the article is to examine links between employees’ trust in AI in the company and three other latent variables (general trust in technology, intra-organizational trust, and individual competence trust). A quantitative study conducted on a sample of 428 employees from companies of the energy and chemical industries in Poland allowed the hypotheses to be verified. The hypotheses were tested using structural equation modeling (SEM). The results indicate the existence of a positive relationship between general trust in technology and employees’ trust in AI in the company as well as between intra-organizational trust and employees’ trust in AI in the company in the surveyed firms.

show abstract

A Survey of External and Internal Factors Influencing the Cost of Equity: The Case of Czech Companies

Cited by 4 publications

References 42 publications

Do changes in the business environment and sustainable development really matter for enhancing enterprise development?

Do changes in the business environment and sustainable development really matter for enhancing enterprise development?

The Proposal of Corporate Payout Decisions’ Modelling

Employees’ Trust in Artificial Intelligence in Companies: The Case of Energy and Chemical Industries in Poland

Contact Info

Product

Resources

About