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Modelling the Surprise Effect of Macroeconomic Indicators on Stock Returns
No full textLiterature analysis suggests that there is a lack of research regarding modelling the
surprise effect of macroeconomic indicators on stock returns in the short run. To fill this
gap in the literature, the major purpose of this dissertation is to research the phenomenon representing the surprise effect of macroeconomic indicators and its relationship with
stock returns, to develop and empirically test the models for forecasting the surprise effect
of macroeconomic indicators on stock returns by employing traditional and machine learning methods. The scientific problem of the research: what is the essence of the surprise
effect of macroeconomic indicators and how to evaluate and model the surprise effect of
macroeconomic indicators on stock returns by employing traditional and machine learning methods? The empirical research revealed that most surprises of macroeconomic indicators
do not have any statistically significant effect on the return on the EURO STOXX 50 index
under different scenarios in the short run. The study with statistically significant models
and their data sets representing the potential surprise effect of macroeconomic indicators
on the return of the EURO STOXX 50 index disclosed that machine learning methods
can provide several times more accurate models for forecasting the return of the EURO
STOXX index than traditional methods
Criminal prosecution as a component of transitional justice: dealing with Soviet genocide in Latvia
Get PDFAfter the restoration of independence in 1990, the Latvian legal system had to
undergo a transition from the Soviet totalitarian regime to a democratic system governed
by the rule of law. Several transitional justice mechanisms had to be implemented,
including prosecution initiatives. To make this possible, the Criminal Code was
amended, introducing the crime of genocide in 1993. Until 2009, Latvian Criminal Law
provided for a broadened definition of genocide which included additional protected
groups and additional prohibited activities. Latvian courts of general jurisdiction that
tried the Soviet genocide cases hold that this broadened genocide definition was not in
conflict with international law, and thus did not preclude the conviction of persons for
crimes committed during the Soviet occupation
Teisė ir COVID-19 pandemija
No full textIn a crisis, to find a balance between the interests of the society and the individual is a challenge, as well as to manage the long-term consequences for society and
the State – such as subsequent litigation, economic crisis, and inefficient financial
management. In times of crisis, decisions always must be taken rapidly.
As the experience of managing the COVID-19 pandemic demonstrates, it also
required extraordinary legal measures, which raised issues concerning the rule of
law, the powers of the institutions, and human rights protection. Concurrently, the
pandemic highlighted the lack of planning, coordination, and cooperation between
States and stakeholders in responding to the challenges of the pandemic and revealed
systemic weaknesses. It is therefore necessary to assess not only the impact of legal
measures on the management of the pandemic, but also the potential impact of the
pandemic on the law and its development to prepare for future crises.
The aim of this study is to analyse the impact of the law on the management of
the pandemic and the impact of the pandemic, and the decisions taken during it on
the further development of law, based on the experience of the COVID-19 pandemic
in Lithuania and abroad
Possibilities and limitations of criminal procedure with the help of technical means (remote investigation and hearing)
No full textThe article analyses the remote investigation and hearing of criminal cases (remote criminal proceedings), which
takes place via video or audio conferencing. The analysis
does not cover all the problems but in the author’s opinion
the most important ones. First of all, the concept of remote
investigation and trial is presented and its legal possibilities in
Lithuania are discussed. Then, distancing itself from criminal
proceedings, it discusses the insights of other non-legal social
sciences (mainly psychology) on communication via video
conferencing. The main advantages and disadvantages of
remote criminal proceedings are also discussed. The final part of the thesis discusses the specific legal is-
sues that the author considers to be the most important in the
context of remote investigations and hearings. It starts with
a discussion of the lawyer-client relationship. It then analyses the issue of the suspect’s (accused person’s) right (duty)
to participate in the hearing of the criminal court (trial) of the first instance. Finally, the main problems related to the
remote examination of witnesses are discussed: threats to the
completeness and reliability of such testimony, and ensuring
the accused’s right to examine witnesses against him.
The analysis of the problems allows for a legal assessment of the prevailing practice of remote investigation and
hearing in the Lithuanian criminal proceedings in the aspects
discussed and for recommendations to be made to ensure
the quality of the criminal proceedings and the protection
of the rights and freedoms of the participants in the remote
investigation and hearing
Electronic Lexicography: Between Information Overload and User-Friendliness
Get PDFPurpose: This study aims to provide guidelines for the user-friendly display of
lexicographical information in electronic dictionary entries. Particular attention is paid
to the example as it illustrates the generally metalinguistic, abstract information provided by other components (definition or equivalent, morphological indications, syntactic
indications, indications of lexical combination, etc.), and conveys complementary information
Building a Conceptual Framework for Using Big Data Analytics in the Banking Sector
Get PDFCC BY-NC-ND 4.0Big Data and Big Data Analytics (BDA) are becoming trending technologies of the
future. This topic has garnered considerable interest from researchers and businesses. However, BDA
research in the banking sector has proven to be extremely limited and mixed. Addressing the challenges of BDA application and laying the foundation for BDA to improve banking efficiency raises
significant questions about strategic management in the banking sector. Through a systematic review
of the literature and a case study in Hungarian banks, this study intends to address the major inconsistencies in existing ideas about BDA applications. This study also proposes a conceptual model
to evaluate the impact of factors influencing the use of BDA in the banking sector and investigates
whether BDA affects the performance of banks. Our study finds that the use of BDA in the banking
sector has to be aligned with the creation of dynamic capabilities that positively and directly affect
banking in terms of the market and operational performance. Meanwhile, the dynamic capabilities created by BDA usage have a moderating impact on bank performance through improved risk
management performance. Furthermore, this research helps managers focus on key factors, namely
technological infrastructures, Big Data skills, data quality, and top management support, to boost
the efficiency of using BDA
Human dignity as the basis of human rights
No full textThe article analyses from a theoretical point of view, how is the concept of human dignity perceived in its
relationship with human honour? Is a person's need for dignity related to the protection of his self-esteem? The
topic of human dignity, his honour, self-respect is not discussed enough from an ethical point of view, so the
novelty of the topic is based on the need to discuss in more detail the ethical aspect of human dignity as the basis
of human rights. Research object: ethical aspect of human dignity as the basis of human rights. The purpose of the
study: to reveal the ethical aspect of human dignity as the basis of human rights. Research tasks: 1. Discuss the
concept of human dignity, showing its connection with the ethical category of honour; 2. Assess a person's need
for dignity as a protection of self-respect. Research methods: scientific literature analysis method, legislation
analysis method, comparative analysis method, generalization