Practical Applications of Investments’ Assessment in Organizations and Economies

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074).

Deadline for manuscript submissions: closed (31 March 2023) | Viewed by 4759

Special Issue Editors


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Guest Editor
Department of Managerial Theories, Faculty of Management Science and Informatics, University of Žilina, 010 26 Žilina, Slovakia
Interests: management; human capital; human resource management; project management; sports management

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Guest Editor
Department of Macro and Microeconomics, Faculty of Management Science and Informatics, University of Žilina, 010 26 Žilina, Slovakia
Interests: management; economics; human capital; human resource management; human capital management; digitalization

E-Mail Website
Guest Editor
Department of Managerial Theories, Faculty of Management Science and Informatics, University of Žilina, 010 26 Žilina, Slovakia
Interests: human potential; human resource management; motivation; creativity; application of ICT; sports management

Special Issue Information

Dear Colleagues,

This Special Issue focuses on a comprehensive assessment of investments, including the risk aspect associated with them, in organizations or the whole economy. The complexity of the approach is based on the orientation of investments towards individual processes being performed in organizations and their improvement as well as optimal arrangement. Such an approach automatically opens the possibility of researching the topic in several scientific disciplines, closely monitoring various aspects of investments and their impact on the operation of organizations or economies—interdisciplinarity (economics—micro and macro perspectives, management, operations management, process management, project management, statistics, sociology, psychology, financial analysis, etc.). The emphasis of this Special Issue is put on the practical application of research results in a specific organizational environment or in the specific conditions of a selected economy. The organizational context predetermines a broader scope, including both commercial and noncommercial spheres (companies, universities, sports organizations, etc.).

The scope of this Special Issue is the presentation of empirical research results and examples of practical applications. This should be based on the collection and processing of primary data, using advanced statistical procedures, together with applications of the obtained results in practice. Individual articles should provide specific guidelines for the selection and appraisal of investments in the form of recommendations directly following the research results.

The articles should provide an excellent overview of the current state of the assessment and appraisal of investments and their effectiveness, focusing on a specific area of interest. It is also expected to compare the obtained findings with similarly oriented scientific projects from all over the world.

Dr. Martin Mičiak
Prof. Dr. Alžbeta Kucharčíková
Dr. Dominika Tumová
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • investments
  • risk
  • efficiency
  • assessment
  • appraisal
  • business processes
  • macroeconomic perspective
  • impacts of investments
  • applied research

Published Papers (3 papers)

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Research

32 pages, 458 KiB  
Article
(How) Does Mutual Fund Dual Ownership Affect Shareholder and Creditor Conflict of Interest? Evidence from Corporate Innovation
by Lei Gao, Ying Wang and Jing Zhao
J. Risk Financial Manag. 2023, 16(6), 287; https://doi.org/10.3390/jrfm16060287 - 25 May 2023
Cited by 1 | Viewed by 1363
Abstract
We examine the impact of mutual fund dual ownership (i.e., simultaneous holdings of stocks and bonds of the same company by mutual fund families) on corporate innovation. Our findings indicate that dual ownership is positively associated with innovation quantity, quality, generality, and originality. [...] Read more.
We examine the impact of mutual fund dual ownership (i.e., simultaneous holdings of stocks and bonds of the same company by mutual fund families) on corporate innovation. Our findings indicate that dual ownership is positively associated with innovation quantity, quality, generality, and originality. This effect is mainly driven by non-index funds, which are more likely to be active monitors. Consequently, both stocks and bonds held by dual owners tend to generate higher returns, particularly for more significant, groundbreaking innovations. These results suggest that mutual fund dual ownership mitigates conflicts of interest between shareholders and creditors, thereby enhancing innovation and firm value. However, the relation between dual ownership and innovation turns negative during the recent financial crisis, suggesting that shareholder-creditor conflicts culminate in extreme financial distress, exacerbating dual holders’ risk aversion, and hence, hindering corporate innovation. Full article
22 pages, 1605 KiB  
Article
The Mechanism of Identification and Management of Risks Affecting the Process of Supporting Creativity Based on the Sample from the Slovak Academic Environment
by Dominika Tumová and Martin Mičiak
J. Risk Financial Manag. 2023, 16(3), 198; https://doi.org/10.3390/jrfm16030198 - 14 Mar 2023
Cited by 1 | Viewed by 1414
Abstract
This article focuses on risks while supporting creativity. This represents a knowledge gap that is addressed. The employees’ creativity is desired, but there is often no approach process to its support. The implementation is affected by risks needed to be managed. The aim [...] Read more.
This article focuses on risks while supporting creativity. This represents a knowledge gap that is addressed. The employees’ creativity is desired, but there is often no approach process to its support. The implementation is affected by risks needed to be managed. The aim was to create a mechanism for managing risks within the support of creativity in organizations, including commercial companies and others, e.g., sports clubs. Content analysis, case studies, questionnaire surveys, or models were applied. The results combined secondary (cases) and primary data (survey with two groups of respondents). The findings showed that when creativity is supported, people are willing to increase their performance (50% of academicians, 88.78% of students). The process is negatively affected by the lack of managerial skills and the interconnectedness of processes. Organizations should increase their managers’ skills. A proactive approach to risk prevention leads to continuous improvement. A procedure was selected when the potential of applying findings from the academic environment to other organizations was identified. A generalization of the findings was performed so that the research results can be applied in different environments after considering their specificities. The recommendations include the process for supporting creativity, the identification of risks, and the risk management mechanism. Full article
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19 pages, 1953 KiB  
Article
Determination and Quantification of Foreign Interest in Sports Using Selected Variables for the Support of Appraising Investments in Sports by Businesses and States
by Michal Varmus, Martin Mičiak, Milan Kubina, Adam Piatka, Marcel Stoják, Alexander Sýkora and Ivan Greguška
J. Risk Financial Manag. 2023, 16(3), 162; https://doi.org/10.3390/jrfm16030162 - 01 Mar 2023
Viewed by 1436
Abstract
The evaluation of the effectiveness of invested funds requires relevant data. This currently applies to investments in all areas of economic activity, including sports. The article’s aim is to determine the factors applicable to the quantification of interest in sports in selected countries. [...] Read more.
The evaluation of the effectiveness of invested funds requires relevant data. This currently applies to investments in all areas of economic activity, including sports. The article’s aim is to determine the factors applicable to the quantification of interest in sports in selected countries. From the perspective of state funding of sports, foreign interest in sports is a part of the mechanism of allocating resources (situated in the Slovak Republic). For businesses, sponsoring sports organizations is a part of their activities connected to the concept of corporate social responsibility and environmental, social, and governance-related indicators. In both cases, it is important to have the necessary background data so that the entities responsible can correctly evaluate the effectiveness and return on such investments. The Czech Republic, Germany, Poland, and Hungary were selected to determine foreign interest in sports. These variables were selected for data analysis to quantify foreign interest in sports: competitions and tournaments, registered athletes, and keyword searches in Google trends. The variables predetermined the methods of data collection and statistical analysis. The main results lead to more accurate data for decision-making on investments in sports. The most popular sports in the given countries based on the interest quantification were identified. Full article
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