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The aim of the study is to establish and analyze the relationship between expenditure on corporate philanthropy and financial performance of cooperative banks in Poland. The study covered 70 cooperative banks, where the level of expenditure on social activities was above the average in the sector. The research was carried out using the Generalized Method of Moments for the years 2013-2020. Studies have shown positive importance of corporate philanthropy in shaping financial efficiency. The research also indicated a significant shift in the time between spending on social activities and the financial results obtained. The obtained results indicate an area that has not been thoroughly analyzed: the impact of spending on social activities in the context of shaping the financial efficiency considering time shifts. This knowledge may result in more intentional creation of the efficiency policy by management, considering corporate philanthropy, Corporate Social Responsibility, or the introduction of appropriate regulatory changes for the assessment of financial institutions by responsible entities. [ABSTRACT FROM AUTHOR]

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Business entities strive for continuous adaptation to changing situations and needs. The decisions of business entities entangled in multifaceted processes of economic, social, and environmental progress must be taken on the basis of reliable knowledge, developed know-how, scrupulous recognition of the initial state, and foresight of the multiple consequences of business actions over a long horizon. In such a situation, the measurement of financial efficiency in terms of the profitability of enterprises in meat and poultry industries is extremely desired and provides valuable information on the necessary modifications to reduce the potential risks of business operation. The Polish meat and poultry industries should take into account current and future market requirements, competition, and consumer response. The dynamic progress of technology is forced to take appropriate steps to improve and modernize products, services, and methods of solving profit losses. The aim of the paper is to calculate and evaluate the statistical relationships between profitability ratios in Polish meat and poultry enterprises divided into four groups: slaughterhouses, meat enterprises (small, medium, and large), poultry meat enterprises, and meat trade enterprises. In the theoretical part of the study, methods of descriptive, comparative, deductive, and synthetic analyses were used. In the practical part of the study, panel data from the entire meat and poultry industries in the period from 2010 to 2019 were used. For the measurement of financial efficiency, methods, such as financial indicator analysis, panel database modeling, and nonparametric ANOVA, were applied. The ANOVA method was used to test only the statistically significant relationships between profitability ratios across all groups of examined enterprises in the meat and poultry industries. To summarize, the optimal level of profitability was achieved by all groups of examined enterprises, except small meat enterprises. The highest financial efficiency in the area of profitability was reached by poultry enterprises. Moreover, financial support for small companies in the meat industry can bring tangible benefits such as maintaining a diversified product range locally and transforming small meat companies into buying centers for the local community. Both are effective solutions, especially in view of the post-pandemic situation. [ABSTRACT FROM AUTHOR]

World population growth, climate changes, urbanization, and industrialization have all had a negative impact on natural resources, including water resources. Excessive exploitation and pollution have caused more and more regions to have problems with access to fresh water. Rainwater is perceived as a valuable alternative source of water that is most often used in a hybrid system supplementing tap water. Considering the possibilities of designing a rainwater harvesting system as a decentralized or central system, this research was undertaken to determine the hydraulic and financial efficiency of these two systems. The research was carried out for a single-family housing estate located in Poland. For this research, a simulation model was applied to determine the efficiency of water saving and the life cycle cost indicator. In variants where rainwater was only used to flush toilets, the water saving efficiency was 80% and 79% for the decentralized and centralized rainwater harvesting system (RWHS), respectively. The use of rainwater for toilet flushing and watering the garden resulted in a significant reduction in efficiency to 57% (the decentralized system) and 54% (the centralized system). On the other hand, the results of the life cycle cost (LCC) analysis showed that in spite of reducing tap water consumption, both the centralized and the decentralized rainwater harvesting system were not financially viable solutions for the housing estate, and only cofinancing investments at the level of 25% to 50% resulted in a significant improvement in financial efficiency. [ABSTRACT FROM AUTHOR]

The primary aim of this article is to examine financial efficiency and work productivity, as well as their determinants, in selected Polish coal mines in 1998–2015. To achieve this goal, after introducing a justification for the choice of subject and the literature studies, the research methodology is presented, and research results are subsequently described and analyzed. Next, based on the main conclusions, model regularities and policy implications regarding efficiency and productivity improvement in Polish coal mining enterprises are established. The research for this study was conducted in five Polish coal mines, which were chosen on the basis of criteria aimed at ensuring the results' comparability and the stability of organizational and mining conditions in the analyzed research period. [ABSTRACT FROM AUTHOR]