New Articles – Finance

Digital payments as an indicator of financial inclusion in Euro Area countries

Tamara Petrikova, Kristina Kocisova

The process of digitisation in the financial sector is developing through the systematic introduction of computer systems, the establishment of Internet connectivity and the use and ownership of various information and communication devices. Information and communication technologies can increase the desired degree of financial inclusion in a country by increasing the availability of various financial services. This study examines the individual attributes that can affect financial inclusion in…

DOI (& full text): doi.org/10.15240/tul/001/2024-5-004 more

Regional COVID-19 cases and Bitcoin volatility: Assessment through the Markov switching prism

Dat Minh Phan, Sinh Duc Hoang, Tung Duy Dao, Tien Phat Pham

The 21st century has become the century of technology, which has spread to the currency market, presenting the international economic system with a new challenge – the challenge created by digital currency, which has determined a change in the rules of operation in the market. The main property of cryptocurrencies in general, and Bitcoin in particular, is constant volatility and mutual sensitivity to each other. This article aims to analyze the cryptocurrency market landscape from both short…

DOI (& full text): doi.org/10.15240/tul/001/2024-2-009 more

DuPont analysis among European dentistry companies to measure the impact of the COVID-19 pandemic

Tomas Heryan, Karin Gajdova

Although health economics belongs to the highly respected economic disciplines within the research literature, there is a considerable gap related to the investigation of dentistry in particular, even after the global pandemic of COVID-19 disease. Fundamentally, the DuPont framework is a well-known complex analysis to evaluate companies from the point of view of financial performance. The investigation of the return on equity as a relation between the return on assets and the equity multiplier,…

DOI (& full text): doi.org/10.15240/tul/001/2024-1-010 more

The impact of the effective tax rate change on financial assets of commercial banks: The case of Visegrad group countries

Alena Andrejovska, Jozef Glova, Martina Regaskova, Natalia Slyvkanyc

While many tax professionals have discussed corporate taxation in the banking sector and its effectiveness on bank institutions, investment decisions, bank size, asset structure, or bank rentability, there is little evidence of tax efficiency within V-4 Group. The research on banks and tax rates is mainly based on American data. Few papers solved banking stability and corporate taxes within the European countries. This paper examines effective corporate taxation in the banking sector of the V-4…

DOI (& full text): doi.org/10.15240/tul/001/2024-1-011 more

Investigating self-efficacy and behavioural bias on investment decisions

Kuppusamy Srinivasan, Parthasarathy Karthikeyan

The determinants of irrational decisions on the stock market are found in numerous empirical studies. However, self-efficacy and behavioural biases have a sturdy influence on stock market investment decisions. Behavioural biases are formed with heuristics, prospect theory and herding effect concerning stock market investments. Self-efficacy is independent of behavioural biases but is closely connected with controlling behavioural intentions in decision-making. The research was conducted to find…

DOI (& full text): doi.org/10.15240/tul/001/2023-4-008 more