Entire Volume Journal Of Banking And Financial Economics 2026, 1(25),
2026
Wydział Zarządzania Uniwersytetu Warszawskiego/Faculty of Management University of Warsaw
Entire Volume Journal Of Banking And Financial Economics 2026, 1(25)
Journal of Banking and Financial Economics
Entire Volume Journal of Banking and Financial Economics 2026, 1(25)
New Trends In Banking And Financial Markets. Opening Remarks,
2026
SGH Warsaw School of Economics, Poland
New Trends In Banking And Financial Markets. Opening Remarks, Sylwia Frydrych
Journal of Banking and Financial Economics
New Trends in Banking and Financial Markets. Opening Remarks
The Impact Of Ceo Sociopolitical Activism On Firms’ Financial And Stakeholder Outcomes: A Critically Appraised Topic,
2026
Penn State University
The Impact Of Ceo Sociopolitical Activism On Firms’ Financial And Stakeholder Outcomes: A Critically Appraised Topic, Philip R. Stuczynski
Engaged Management ReView
In recent years, CEO activism has emerged as a highly visible and controversial form of executive communication. This structured literature review examines 23 peer-reviewed, ABS-rated articles published between 2017 and 2025, with the goal of synthesizing what researchers have learned about the effects of sociopolitical speech by corporate leaders. Drawing on studies from strategy, management, accounting, and finance journals, this paper explores how CEO-initiated public commentary influences investor reactions, firm performance, and stakeholder sentiment. Using the PICOC framework, the review defines CEO activism as executive speech or public commentary on controversial social or political issues which may be unrelated to …
A Sustainability Index For Airlines: A Kpi-Based Framework For Benchmarking Environmental Performance,
2026
Embry-Riddle Aeronautical University
A Sustainability Index For Airlines: A Kpi-Based Framework For Benchmarking Environmental Performance, Craig Dedrick
Discovery Day - Daytona Beach
The aviation industry faces increasing pressure to reduce its environmental impact, yet standardized methods for evaluating airline sustainability performance remain limited. This study proposes a structured sustainability index designed to benchmark airline environmental strategies using fourteen key performance indicators (KPIs) derived from publicly disclosed corporate sustainability and annual reports. To improve analytical clarity, the KPIs are organized into seven conceptual clusters capturing distinct dimensions of environmental performance: strategic governance and commitment, operational and fleet efficiency, the sustainable aviation fuel (SAF) ecosystem, emissions reduction and climate mitigation outcomes, carbon management and neutralization, energy transition and electrification, and environmental pollution and resource …
Ai-Driven Predictive Analysis Of Airline Profitability Under Macroeconomic And Sustainable Aviation Fuels,
2026
Embry-Riddle Aeronautical University
Ai-Driven Predictive Analysis Of Airline Profitability Under Macroeconomic And Sustainable Aviation Fuels, Shivika Singh
Discovery Day - Daytona Beach
This study presents an AI-enhanced predictive model to assess airline profitability under the combined influence of macroeconomic trends and the adoption of sustainable aviation fuel (SAF). By including economic indicators such as GDP growth, inflation rates, and fuel price volatility with airline operational data, including ticket prices and fuel costs, the model simulates profitability across multiple carriers. Scenario-based analyses, encompassing optimistic, moderate, and pessimistic projections, illustrate different financial sensitivities between low-cost and legacy airlines.
Assessing And Addressing Financial Risk In Capitated Primary Care Contracts,
2026
Indiana University Southeast
Assessing And Addressing Financial Risk In Capitated Primary Care Contracts, Michael R. Wieck Dba, Laurence Smith, Steven R. Stout Dba
Engaged Management ReView
We employ multivariate statistical modeling and Monte Carlo simulation to study systematic and unsystematic financial risk faced by physician groups under capitated contracts with Medicare Advantage Organizations (MAOs). We use mixed methods and a standard reimbursement formula for risk-sharing contracts with primary care physicians (PCPs). We find that diversifying risk simply by increasing the size of a practice is insufficient to mitigate risks of large negative cash flows from capitation contracts and can result in financial failure. However, if use of costly medical services by patients is reduced from levels typically experienced under traditional Medicare to the levels of patients …
A Machine Learning And Artificial Intelligence Sentiment Analysis Of Esg Disclosures,
2026
University of South Alabama
A Machine Learning And Artificial Intelligence Sentiment Analysis Of Esg Disclosures, John Barnett Davis
Graduate Theses and Dissertations (2019 - present)
This dissertation examines whether environmental, social, and governance (ESG) disclosure sentiment extracted from SEC Form 10-K Item 1A risk disclosures aligns with Bloomberg ESG scores. The study combines SEC textual disclosures, Bloomberg ESG ratings, firm financial data, executive compensation data, and executive gender characteristics. Natural language processing and artificial intelligence methods, including FinBERT, Loughran-McDonald sentiment measures, BART-MNLI zero-shot classification, LLaMA-based ESG scoring, and readability analysis, are used to evaluate ESG-related disclosure signals. Results reveal that SEC 10-K Item 1A risk-factor sentiment and Bloomberg ESG scores represent related but distinct constructs. ESG sentiment in Item 1A is poorly aligned with third-party …
The Information Content Of The Implied Volatility Term Structure Slope For Forecasting Commodity Market Volatility,
2026
Sacred Heart University
The Information Content Of The Implied Volatility Term Structure Slope For Forecasting Commodity Market Volatility, Lawrence E. Mckenzie
Doctoral Dissertations (DBA)
This study evaluates the implied volatility term structure (IVTS) slope (𝜅) for forecasting 21-day realized volatility against traditional time-series benchmarks and a 3-month continuous futures baseline. Using a matched sample of eight energy and agricultural commodities spanning 2007 to 2019, the study explicitly tests whether the option-implied slope contains unique predictive information beyond deferred price histories. The empirical findings yield three primary insights. First, redundancy testing indicates that the slope parameter delivers a statistically significant, independent risk signal even when controlling for deferred continuous futures paths. Second, an integrated joint encompassing framework that combines near-term historical volatility, generalized autoregressive conditional …
Bank Competition Amid Digital Disruption: Implications For Financial Inclusion,
2026
University of California, Los Angeles
Bank Competition Amid Digital Disruption: Implications For Financial Inclusion, Erica Xuewei Jiang, Gloria Yang Yu, Jinyuan Zhang
Research Collection Lee Kong Chian School Of Business
We examine how digital disruption affects bank competition using the staggered rollout of 3G mobile networks. 3G expansion increased mobile banking adoption among tech-savvy households, reducing branch networks—especially in younger counties. Banks' strategies diverged: Less branch-reliant banks closed branches and competed on price, while more branch-reliant banks maintained branches but raised spreads. A structural model shows that perceived digital service improvements among younger consumers drove these shifts, reducing welfare for older savers. Counterfactuals demonstrate that subsidizing adoption for older savers can cost-effectively reduce these disparities, facilitating a smoother digital transition.
Ripples Of A Global Health Crisis: 2019’S Pandemic And Its Impact On Sharia-Compliant Equities In Oic Countries,
2026
Universitas Sultan Ageng Tirtayasa
Ripples Of A Global Health Crisis: 2019’S Pandemic And Its Impact On Sharia-Compliant Equities In Oic Countries, Windiya Saputri, Nur Fatwa, Nurwahidin Nurwahidin
Journal of Strategic and Global Studies
The outbreak of COVID-19 marked not only a global health emergency but also a strategic shock with profound economic implications, particularly for developing economies. This study investigates how Sharia-compliant stock markets in selected OIC countries responded to the World Health Organization’s declaration of COVID-19 as a global pandemic on March 11, 2020. Using an event study approach, the analysis focuses on abnormal returns (AR) from six major Islamic indices representing Indonesia, Malaysia, Saudi Arabia, the United Arab Emirates, Pakistan, and Qatar. The results reveal that the pandemic announcement carried significant informational content, as reflected in the notable ARs across all …
From Access To Accountability: Closing The Nonprofit Data Gap In Fintech Lending,
2026
University of Delaware
From Access To Accountability: Closing The Nonprofit Data Gap In Fintech Lending, Oluwatomisin Olubakinde
Journal of Nonprofit Innovation
Financial technology is often treated as a promising path toward financial inclusion. Mobile banking, alternative credit scoring, and AI-assisted underwriting have expanded access to financial products, but access alone does not guarantee fair outcomes. This piece frames fintech accountability as a nonprofit data accessibility issue. Nonprofits working in financial inclusion cannot fully evaluate fintech referrals or partnerships when the data behind approval decisions, pricing patterns, denial reasons, and appeal pathways remain inaccessible. Drawing on research in fintech lending and algorithmic fairness, the paper shows how data inputs, model design, and approval thresholds shape who benefits from fintech and who may …
Most Affordable And Fastest-Growing Cities In The Mountain West, 2026,
2026
University of Nevada, Las Vegas
Most Affordable And Fastest-Growing Cities In The Mountain West, 2026, Cason Noll, Caitlin J. Saladino, William E. Brown Jr.
Cities & Metros
This fact sheet presents data on the most affordable and fastest-growing cities among the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The data are sourced from MoneyLion’s “50 Most Affordable, Fastest-Growing Cities” report, which analyzed and ranked U.S. cities by the most affordable places with large population growth. This fact sheet focuses on the 10 Mountain West cities that ranked within the top 50 and their corresponding 5-year population growth rate, median household income, annual cost of living for both homeowners and renters, and the leftover savings available at the end of the year for …
Who Bears The Burden: Tax Incidence And Water Governance In The Middle Rio Grande Conservancy District (Mrgcd) Within Bernalillo County,
2026
University of New Mexico
Who Bears The Burden: Tax Incidence And Water Governance In The Middle Rio Grande Conservancy District (Mrgcd) Within Bernalillo County, Michael W. Wilson
Economics ETDs
This study examines how property-value-based assessments within a large western irrigation and flood-control district distribute fiscal burdens across property owners. The empirical analysis is restricted to Bernalillo County within the Middle Rio Grande Conservancy District (MRGCD), using parcel-level administrative data from fiscal year 2025 merged with 2021 irrigation service records and geospatial information. The analysis classifies 34,397 parcels by irrigation status, agricultural valuation enrollment, and primary use to evaluate whether non-irrigating residential and commercial parcels, including renter-occupied properties that lack direct irrigation access, bear a disproportionate share of financial responsibility for a district whose first listed priority under their primary …
Employing Derivatives In Exchange-Traded Funds: International Perspective And Polish Evidence,
2026
Faculty of Economics and Sociology, University of Lodz
Employing Derivatives In Exchange-Traded Funds: International Perspective And Polish Evidence, Tomasz Miziołek
Journal of Banking and Financial Economics
The main aims of the paper are to examine the use of derivatives by 13 exchange-traded funds primarily listed on the Warsaw Stock Exchange over 2010–2025, including their magnitude and functions, and to identify patterns in derivative use over the past three decades worldwide. The results reveal that derivative use was common among exchange-traded funds listed on the Warsaw Stock Exchange; however, it was limited to basic applications. Futures (standard, e-mini, and micro e-mini) were used to obtain leveraged or inverse market exposure or as a supplement to equity holdings, total return swaps were used for synthetic replication, and forwards …
Ceo Gender, Trade Credit, Covid-19 Pandemic, And Corporate Dividend Policies In Vietnam,
2026
Faculty of Finance and Banking, Ho Chi Minh City Open University, Ho Chi Minh City, Vietnam
Ceo Gender, Trade Credit, Covid-19 Pandemic, And Corporate Dividend Policies In Vietnam, Trang Ngoc Doan Tran Ms., Linh Ngoc Thi Nguyen Ms., Dung Phuong Ngoc Tran Ms., Khoa Dang Duong Dr.
The Indonesian Capital Market Review
This comprehensive study examines the dynamic interplay among CEO gender, trade credit, and dividend policies across 563 listed companies in Vietnam from 2006 to 2024. Employing the Generalized Method of Moments to address the endogeneity issue. The findings show that firms led by female CEOs distribute significantly lower dividends than those led by male CEOs. Moreover, a positive nexus exists between trade credit and the dividend payout ratio of listed firms in Vietnam. Furthermore, the study reveals that CEO gender moderates the relationship between trade credit and dividend payouts in Vietnam. Finally, our robustness tests confirm that the results remain …
Addressing The ‘Chicken-And-Egg’ Dilemma: Pension Reform, Market Coordination, And Policy Design,
2026
International Monetary Fund
Addressing The ‘Chicken-And-Egg’ Dilemma: Pension Reform, Market Coordination, And Policy Design, Shujaat Khan, Bo Li, Yunhui Zhao
Journal of Banking and Financial Economics
Why do domestic stock markets in many emerging market economies fail to develop, even in the presence of high savings rates? In this paper, we argue that this may be a ‘chicken-and-egg’ problem, which we formalise as a market coordination failure. We first develop a stylised game-theoretical model, showing that when long-term equity investment is subject to network externalities, the Pareto-optimal, high-investment equilibrium is not robust to noise. Individual investors, fearing defection by others, will rationally choose a low-investment (or ‘run’) strategy, trapping the market in a state of underdevelopment. We then show how a specific institutional design – a …
The Specifics Of Green Mortgages: A Case Study Of Poland,
2026
Krakow University of Economics, Poland
The Specifics Of Green Mortgages: A Case Study Of Poland, Mateusz Tomal, Ewa Gorlecka-Łabiak
Journal of Banking and Financial Economics
The green mortgage market in Poland has received limited research attention. Therefore, this article aims to present the specifics of the green mortgage market in Poland. To thoroughly investigate the issue, in-depth interviews were conducted with 12 banking sector representatives, each with varying experience and professional roles. The study’s findings revealed that there is no formal definition of green mortgages, which hinders both banks and their customers. Currently, green mortgages are rarely granted due to their limited economic benefit to borrowers and the small number of residential properties that qualify. For banks, green mortgages present an opportunity to expand their …
The Effectiveness Of Banks’ Influence On Reducing Greenhouse Gas Emissions In Eu Agriculture,
2026
SGH Warsaw School of Economics
The Effectiveness Of Banks’ Influence On Reducing Greenhouse Gas Emissions In Eu Agriculture, Jan Koleśnik
Journal of Banking and Financial Economics
This article analyses the effectiveness of the banking sector in limiting greenhouse gas (GHG) emissions in European Union agriculture and the impact of EU banking groups‘ policies on their Polish subsidiaries. The study is based on data from 2019–2025 sourced from the Eurostat database, the European Banking Authority (EBA), and capital adequacy disclosures (CQ5 and CR1-B reports). The research sample included 14 EU countries with an agricultural share in GDP of between 1% and 3.6% and 62 EU banking groups at the highest level of consolidation. A linear regression model was employed, using the change in gas emissions as the …
Socio-Demographic Correlates Of Consumers’ Readiness To Use Ai In Financial Decision-Making,
2026
Nicolaus Copernicus University in Torun, Poland
Socio-Demographic Correlates Of Consumers’ Readiness To Use Ai In Financial Decision-Making, Michał Buszko, Tomasz Szopiński
Journal of Banking and Financial Economics
This study investigates the socio-demographic factors associated with readiness to use AI-driven tools in financial decision-making. It uses data from a representative survey of Poles and conceptualises an AI readiness index. It then estimates the relationships between socio-demographic characteristics and this index using an ordinary least squares (OLS) regression model. Additionally, robustness checks are conducted with heteroskedasticityrobust standard errors and multiple imputation. The OLS results were supplemented by one-way Analysis of Variance (ANOVA) with Tukey’s Honestly Significant Difference (HSD) post hoc tests to identify groups’ differences. The results demonstrate that gender, age, education, and income are significantly associated with consumers’ …
Analysis Of Venture Capital Investment For Financing The Development Of The Palm Oil Industry In Indonesia For Private Companies,
2026
Department of Civil and Environmental Engineering, Universitas Indonesia, Depok, 16424, Indonesia
Analysis Of Venture Capital Investment For Financing The Development Of The Palm Oil Industry In Indonesia For Private Companies, Salvatore Yitro, Mustika Sari, Gunawan Saroji
CSID Journal of Infrastructure Development
Indonesia is the world's largest crude palm oil (CPO) producer, accounting for 58.04% of global output from 2018 to 2022 and generating between USD 18.2 billion and USD 28.95 billion in annual foreign exchange earnings from 2016 to 2021. The downstream sector, however, remains largely controlled by foreign markets, and private companies face restricted access to conventional bank financing due to negative campaigns against Indonesian palm oil in European markets. No prior study has examined the financial feasibility of venture capital as a financing mechanism for integrated downstream palm oil development by private companies in Indonesia. This study analysed that …
