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New Digital Era: Other Emerging Risks and Opportunities [Kietas viršelis]

Edited by (University of Malta, Malta), Edited by (University of Uak, Turkey), Edited by (University of Uak, Turkey)
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This volume consists of 10 essays by economics, business, and other specialists from around the world, who explore advantages and risks in business in the digital era, including in the context of the COVID-19 pandemic. They consider policies for achieving financial inclusion, the approach of Georgia towards tourism economic policy in the wake of COVID-19, the impact of crises on capital market volatility between 1995 and 2021, issues in financial regulation for financial stability, the determinants of intention and investment behavior of youth in Kosovo, differences in COVID-19 infections in the Balkan region in 2020, the mediating effect of entrepreneurial self-efficacy and the relationship between entrepreneurial passion and leadership styles, the association between bank loan loss provisions and the pre-provisions earnings of UK banks during the first wave of the COVID-19 pandemic, the assessment of financial reporting quality, and retail unsecured loans of a major Greek bank during the financial crisis and the probability of default estimation as a credit risk parameter. Distributed in North America by Turpin Distribution. Annotation ©2022 Ringgold, Inc., Portland, OR (protoview.com)

The New Digital Era’s two volumes vitally generate new information in order to determine the advantages and risks in which areas this digitalization, which has increased with the COVID-19 pandemic.



The COVID-19 pandemic has led to further acceleration of digitalization in all areas. This caused significant changes in economic and social life. Through digitalization, the need for people in business life has decreased and has forced the traditional employment structure to change. During the pandemic period, some segments enjoyed the advantages of owning digital technologies, while others remained strangers to the new world because they were deprived of digital technologies, revealing the inequality of opportunity on an individual or social basis.

Although this rapid change produced positive results, it also brought about risks. To help mitigate such emerging risks, The New Digital Era’s two volumes vitally generate new information in order to determine the advantages and risks in which areas this digitalization, which has increased with the COVID-19 pandemic. The chapter authors highlight the new social and economic policies that are needed to balance the effects on social and economic life and prevent possible conflicts between individuals and societies

Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.

About the Editors vii
About the Contributors ix
Section A Other Emerging Risks and Opportunities
Chapter 1 Achieving Financial Inclusion: Whatever It Takes
3(10)
Peterson K. Ozili
Chapter 2 Tourism Economic Policy, COVID-19 Restrictions and Estimated Economic Impact the Industry
13(8)
Maia Diakonidze
Chapter 3 Impact of Crises on Capital Market Volatility: A Bibliometric Analysis
21(34)
Adriana Anamaria Davidescu
Rdzvan Gabriel Hapau
Eduard Mihai Manta
Chapter 4 Difficult Issues in Financial Regulation for Financial Stability
55(14)
Peterson K. Ozili
Chapter 5 Determinants of Intention and Investment Behaviour of Youth in Kosovo: A Partial Least Squares Structural Equation Model (PLS-SEM) Approach
69(12)
Luan Vardari
Dafina Abdullahu
Rinor Kurteshi
Chapter 6 Defining and Analysing the Epidemiological Results in the Balkan Region during 2020 - An Overview
81(18)
Hamdi Hoti
Edisona Kurhasku
Arber H. Hoti
Chapter 7 The Mediation Effect of Entrepreneurial Self-Efficacy in the Relationship Between Entrepreneurial Passion and Leadership Styles
99(28)
Diego Norena-Chavez
Eleftherios Thalassinos
Chapter 8 Bank Income Smoothing During the COVID-19 Pandemic: Evidence from UK Banks
127(14)
Peterson K. Ozili
Chapter 9 Assessment of Financial Reporting Quality: Theoretical Background
141(10)
Lovinska Liudmyla
Kucheriava Maria
Chapter 10 Probability of Default Estimation as a Credit Risk Parameter: A Markov Chain Approach Applied in Real Data
151(26)
Vasileios Ouranos
Alexandra Livada
Index 177
Simon Grima is the the Deputy Dean of the Faculty of Economics, Management and Accountancy, Associate Professor and the Head of the Department of Insurance and Risk Management at the University of Malta. He is also a professor at the University of Latvia, Faculty of Business, Management and Economics, Latvia.



Ercan Özen is Associate Professor of Finance in the Department of Finance and Banking, the Head of the Finance and Banking Department, Deputy Dean in Faculty of Applied Sciences, University of Uak, Turkey.



Hakan Boz is Associate Professor at Usak Universitys School of Applied Sciences, Turkey.