THE IMPORTANCE OF PHILANTHROPIC ACTIVITY AND GOVERNMENT SOCIAL WELFARE FOR SOCIETY AND THE ECONOMY
Journal Title: e-Finanse - Year 2014, Vol 10, Issue 1
Abstract
The purpose of the article is to demonstrate the significance of the activity run by philanthropic organizations in Poland for the benefit of society and the economy in the light of the social welfare of governmental organizations. Verification of hypotheses was conducted using different research methods: regression analysis, hierarchical cluster analysis, trend analysis, and comparative analysis. The results did not demonstrate a significant relationship between local governments’ expenditures on grants for philanthropic organizations fulfilling tasks on social welfare and local GDP. Despite the fact that the level of expenditure of public entities on social welfare goes up with the growth of the number of PBOs, as do their costs and revenues, the figures do not depend on each other.
Authors and Affiliations
Halina Waniak-Michalak
IMPACT OF FOREIGN OWNERSHIP ON DIVIDEND POLICY IN POLAND
The article analyses the impact of foreign investors, who were the majority shareholders of companies on the Warsaw Stock Exchange, on dividend policy of these companies in the years 2004-2014. An evaluation of the direc...
COMPARISON OF RISK INDEX ESTIMATING METHODS ON THE POLISH FINANCIAL MARKET
The purpose of this paper is to determine a practical approach of calculation of the systematic risk of companies in line with the CAPM model. By performing an analysis of the methodology used in practice of determining...
DEGREE OF CONVERGENCE OF THE EFFICIENCY OF THE POLISH EQUITY INVESTMENT FUNDS OBTAINED WITH MEASURES BASED ON THE SHARPE RATIO
Long-term persistence of low interest rates and a decline in attractiveness of investing in low-interest bank deposits generate additional demand for investments in investment funds. In such a situation, it is expected t...
OPENESS AND TRANSPARENCY OF FISCAL REPORTING IN POLAND – ASSESSMENT AND RECOMMENDATION
The aim of the paper is to answer the question of whether fiscal reporting (more precisely, financial reporting of public finance sector entities (PFSE)) earnestly expressed the results of activities (information include...
CORPORATE INCOME TAX RATES IN THE EU MEMBER STATES: WHY LOWER MEANS BETTER
Governments of EU Member States have been reducing statutory corporate income tax rates (“CIT”) for several years. What encourages them to take part in tax competition? The article discusses several issues which are in f...