Search results for query: Krasodomska

1. Performance changes around banks mergers and acquisitions: evidence from Poland
   

   Author: Katarzyna Budny, Joanna Krasodomska, Katarzyna Świetla

   See Issue Contents: fins.2019.2

   Abstract:

   This study investigates the influence of M&Aon the performance of banks operating in Poland. We use asample of 14 transactions that occurred in the Polish banking sector from 2001 to 2015. Our data set includes pre and post-merger accounting information covering aperiod of two years before and after the merger. We follow Pilloff’s [1996] approach to determine the average performance changes measured with ROAA and ROAE. According to the research results, M&As transactions seem to affect profitability as both ROAA and ROAE means change. However, these changes do not follow the same trend. The correlations between the acquirer’s pre-merger weighted performance measured with ROAA and ROAE and merger-related changes in performance are significant and negative. The same situation is observed as regards the target pre-merger weighted performance measured with ROAE and merger-related changes in performance. The results also suggest that large acquirers are associated with less successful M&A.

   ---

2. Accounting Geared Towards Corporate Social Responsibility: Analysis of the Polish Insurance Sector
   

   Author: Patryk Obora

   See Issue Contents: fins.2022.2

   Abstract:

   The aim of the study is to present the way in which non-financial information associated with Corporate Social Responsibility (CSR) is reported in the Polish insurance sector. Moreover, the point is to check the engagement of the Polish insurance companies in non-financial reporting and to determine in which areas they are socially responsible. Research carried out in the paper involves the entire set of insurance and reinsurance companies in Poland (as of 15.03.2022) excluding those which do not share the information about their socially responsible activity. Non-financial reporting is facing many problems which derive from the lack of uniform standards and regulations. Consequently, discrepancies generated in CSR managerial practices in Poland have become an issue raised not only by society but also on the legal basis. The research conducted in the paper was both carried out by compiling the existing data on the official websites of insurance companies and by elaborating a case study of Ergo Hestia’ social report. A role model of transparent CSR reporting is the social report of Ergo Hestia Group from 2020, which was prepared in accordance with GRI (Global Reporting Initiative) standards, UN "2030 Agenda for Sustainable Development " goals and the principles of "Good Practice". The study shows that the insurance market is insufficiently involved in sustainable development issues and focuses primarily on building a good reputation. The social commitment of companies overwhelms other areas of CSR, which makes the comparison process difficult to realize. Moreover, the analysis proves that social and environmental involvement of the insurance companies depend on the need of fulfilling the needs of stakeholders.

   ---

3. The ACCA accreditation in Poland – accounting educators’ perspective
   

   Author: Michał Biernacki, Joanna Krasnodomska, Ewelina Zarzycka

   See Issue Contents: fins.2019.4

   Abstract:

   Organizations certifying accountants, such as the Association of Chartered Certified Accountants (ACCA), play an important role in strengthening their professional status. Being accredited by them has recently become the goal of many institutions which offer accounting programs. Our paper aims to investigate the impact of ACCA accreditation on the accounting education in Poland, as well as to identify the important aspects of the collaboration between ACCA and accounting educators. The findings are based on a survey conducted among 50 faculty members from seven Polish universities. According to the respondents the accreditation increases the prestige of the offered teaching programs and has an important impact on the organization of exams taken by the students participating in accredited courses. The ACCA engagement in collaboration with universities consists mostly in promotion of the accredited programs. Despite some limitation the study provides new insights into the problem of accounting education in the accreditation processes context

   ---

4. Diagnosis-related group prospective payment system in Poland – costs versus tariffs: the case of inguinal hernia
   

   Author: Małgorzata Macuda

   See Issue Contents: fins.2018.3

   Abstract:

   In the last 20 years many OECD countries have adopted some form of diagnosis-related group (DRG) prospective payment system to reimburse hospitals. In Poland, hospitals are also paid fixed prices, imposed by Narodowy Fundusz Zdrowia (NFZ) according to DRG, for patients treated. The aim of this paper is to calculate, analyze and compare the costs of patient conditions within the same DRG (F72 – inguinal hernia), collate these costs and the reimbursement from NFZ with the purpose of determining the net profit and then check if it matches bigger research samples. In order to realize the aim of the paper, a comparative and a content analysis of medicals documents and financial data were adopted, and Student’s t-test was performed. The Shapiro-Wilk test was applied to confirm the correctness of the research sample. The results revealed that the reimbursement for costs related to inguinal hernia treatment covers the costs of 90% of patient conditions from the research sample

   ---