We investigate the link between the rule of law and equity returns in post-transitional economies over the period January 2010-December 2020 by using panel data regressions. By applying several rule- of-law proxies for national legal frameworks and justice system quality as proxies for the...

The objective of this paper is to validate the existence of an extensively documented secular upward trend in corporate cash holding. To do this, we use the new data for Poland and review original datasets from Bates et al. [2009] for the U.S. We find no trace of a trend for Poland and believe...

Paper's objectives: The main aim of the paper is to analyze the earnings quality of high-share liquidity companies from Poland, Romania, and Hungary whose activities are outside the finance sector. Methods applied: Earnings quality, i.e., earnings persistence, predictability, and accruals...

The literature is characterized by a lack of research analyzing cross-border mergers and acquisitions (CBM&A) as a network. This article aims to evaluate the topology properties (the geographical and sectoral structure) of the global CBM&A network in 1990-2021. A quantitative study is conducted...

The paper examines the convergence of tax systems in Central and Eastern European countries (CEECs) over the period 1995-2018. Due to the increasing impact of tax competition, we have focused on income taxes, in particular, corporate ones. We have identified the factors that influence the...

We examine how generations X, Y, and Z might react to market-moving events over short- and long-term horizons to maintain an optimal balance among risk, return, and investor preferences. To analyze various portfolio variants, we use data on selected global assets and several types of economic...

The article refers to the new Synthetic Efficiency Indicator for Economic Growth (SEI-EG) proposed in an earlier publication. Research from 2016-2018 in 11 EU countries revealed small nations were notably more effective at sustainable growth than their larger counterparts. This prompted the...

In the socioeconomic development of each country, income rates constitute a measure of the economic situation. They are also the principle factor influencing social stratification. When discussing the income of European households in a regional approach, one may analyze changes, regional...

Energy security and international competitiveness are two of the most fiercely discussed topics - especially in the light of the European Union (EU)'s dependence on Russia's gas, oil, and coal. Both mentioned concepts are of special importance for the so-called EU new member states (EU NMS),...

Inheritance and gift taxation vary widely among countries in both the design and tax burden. We analyze the impact of a series of factors, such as the country's affluence, political preferences, preferences for equity, aging ratio, fiscal standing of the state, and the country's size, on...