Determinants Of Internet Financial Reporting Of Croatian Banks – Panel Analysis

2017 ◽  
Vol 1 (2) ◽  
pp. 170
Author(s):  
Ivica Pervan ◽  
Marijana Bartulović
Keyword(s):  
Financial Reporting ◽  
Ownership Structure ◽  
Banking System ◽  
Panel Analysis ◽  
Dynamic Panel ◽  
Reporting Practices ◽  
Capital And Ownership Structure ◽  
Dynamic Panel Analysis ◽  
The Impact ◽  
Descriptive Level

<p>In the recent years, reporting and transparency of banks is in the focus of national and international regulators and their aim is to increase the transparency of financial institutions in order to strengthen stability of the banking system. In this paper, the authors used dynamic panel analysis in order to analyze the practice of Internet financial reporting of Croatian banks in the period from 2010 to 2014. Research of Bank's Internet financial reporting practices was carried out at two levels. At the first, descriptive level, the goal of the research was to determine the level as well as trends of Internet financial reporting of 27 Croatian banks during the observed period. It is assumed that the level of Internet financial reporting during the analyzed period increased as a result of stricter regulations in the financial sector. In order to measure the level of financial reporting by banks, Bank Internet financial reporting score was developed on the basis of 45 elements - criteria which are divided into two groups: financial reporting (20 elements) and corporate governance and risks (25 elements). The second goal of the research was to determine factors that significantly affect the practice of Bank Internet financial reporting in Croatia. The authors applied dynamic panel analysis in order to determine the impact of size, profitability, adequacy of capital and ownership structure on the level of Internet financial reporting of banks.</p>

scholarly journals Dynamic Panel Analysis under Cross-Sectional Dependence

2014 ◽  
Vol 22 (2) ◽  
pp. 258-273 ◽  
Author(s):  
Khusrav Gaibulloev ◽  
Todd Sandler ◽  
Donggyu Sul
Keyword(s):  
Economic Growth ◽  
International Political Economy ◽  
Panel Analysis ◽  
Dynamic Panel ◽  
Cross Sectional ◽  
Dynamic Panels ◽  
Cross Sectional Dependence ◽  
Dynamic Panel Regression ◽  
Dynamic Panel Analysis ◽  
The Impact

This article investigates inconsistency and invalid statistical inference that often characterize dynamic panel analysis in international political economy. These econometric concerns are tied to Nickell bias and cross-sectional dependence. First, we discuss how to avoid Nickell bias in dynamic panels. Second, we put forward factor-augmented dynamic panel regression as a means for addressing cross-sectional dependence. As a specific application, we use our methods for an analysis of the impact of terrorism on economic growth. Different terrorism variables are shown to have no influence on economic growth for five regional samples when Nickell bias and cross-dependence are taken into account. Our finding about terrorism and growth is contrary to the extant literature.

scholarly journals Effect of Trade Openness on Food Security in the EU: A Dynamic Panel Analysis

2020 ◽  
Vol 17 (12) ◽  
pp. 4311 ◽  
Author(s):  
Giulio Fusco ◽  
Benedetta Coluccia ◽  
Federica De Leo
Keyword(s):  
Food Security ◽  
Positive Impact ◽  
Trade Openness ◽  
Generalized Method Of Moments ◽  
Developed Countries ◽  
European Countries ◽  
Panel Analysis ◽  
Dynamic Panel ◽  
Dynamic Panel Analysis ◽  
The Impact

The problem of food insecurity is growing across the world, including economically developed countries. In Europe, the question is not just about the total supply of foods, but it includes even the accessibility of prices and their nutritional and qualitative adequacy. In this context many countries recognize the importance of trade policies to ensure adequate levels of food security. The aim of this work was to analyze the impact of trade openness on the level of food security in European countries, using a dynamic panel analysis with the generalized method of moments (GMM) approach. We selected two different indicators of food security (average protein supply, average dietary energy supply adequacy) capable of offering information both on the quantity and on the nutritional quality of the food supply. In order to improve the robustness of the empirical results, we developed three different regressions, with three trade openness indicators (trade openness, tariff, globalization) for each food security indicator. The results showed that commercial opening has, on average, a statistically significant net positive impact on the food security of European countries. Additional results indicate that also economic development, together with the importance of the agricultural sector, can improve food security levels.

scholarly journals The Impact of CSR on the Capital Structure of High-Tech Companies in Poland

2021 ◽  
Vol 13 (10) ◽  
pp. 5467
Author(s):  
Barbara Grabinska ◽  
Dorota Kedzior ◽  
Marcin Kedzior ◽  
Konrad Grabinski
Keyword(s):  
Capital Structure ◽  
Financial Reporting ◽  
Academic Research ◽  
Debt Financing ◽  
High Tech ◽  
High Tech Industry ◽  
Reporting Practices ◽  
Csr Reporting ◽  
The Impact ◽  
The Capital Structure

So far, CSR’s role in the high-tech industry is not fully explained by academic research, especially concerning the most burdensome obstacle to firms’ growth: acquiring debt financing. The paper aims to solve this puzzle and investigate whether young high-tech companies can attract more debt by engaging in CSR activity. To address the high-tech industry specificity, we divided CSR-reporting practice into three broad categories: employee, social, and environmental and analyzed their impact on the capital structure. Our sample consists of 92 firm-year observations covering the period 2014–2018. Using a regression method, we found out that only employee CSR plays a statistically significant role in shaping capital structure. We did not find evidence for the influence of the other types of CSR-reporting practices. The results suggest that employees are the key resource of high-tech companies, and, for this reason, they are at the management’s focus. This fact is visible at the financial reporting level and, as we interpret results, is also considered by credit providers. In a more general way, our results suggest that firms tend to choose CSR based on the importance of crucial resources.

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