IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v60y2019icp169-177.html
   My bibliography  Save this article

Consolidation as a risk management method in the lifecycle of a mining company: A novel methodological approach and evidence from the coal industry in Poland

Author

Listed:
  • Jonek-Kowalska, Izabela

Abstract

This article attempts to identify consolidation schemes used by mining enterprises to limit the risk on European coal mining, specifically Poland as one of the leading producers of this resource in the world. The content of the article refers to: (1) model issues concerning the possible ways of using consolidation as a method of risk mitigation in the mining company life cycle, (2) identification and analysis of consolidation schemes used in coal mining in Europe, and (3) assessment of consolidation processes carried out in a nearly 20-year research perspective for Poland's hard coal mining.

Suggested Citation

  • Jonek-Kowalska, Izabela, 2019. "Consolidation as a risk management method in the lifecycle of a mining company: A novel methodological approach and evidence from the coal industry in Poland," Resources Policy, Elsevier, vol. 60(C), pages 169-177.
  • Handle: RePEc:eee:jrpoli:v:60:y:2019:i:c:p:169-177
    DOI: 10.1016/j.resourpol.2018.12.014
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420718304288
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.resourpol.2018.12.014?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Zygmunt Kruczek & Zygmunt Kruczek & Michał Kruczek & Adam R. Szromek, 2018. "Possibilities of Using the Tourism Area Life Cycle Model to Understand and Provide Sustainable Solution for Tourism Development in the Antarctic Region," Sustainability, MDPI, vol. 10(1), pages 1-16, January.
    2. Anna Bluszcz, 2017. "European economies in terms of energy dependence," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(4), pages 1531-1548, July.
    3. Xu, Jiuping & Gao, Wen & Xie, Heping & Dai, Jingqi & Lv, Chengwei & Li, Meihui, 2018. "Integrated tech-paradigm based innovative approach towards ecological coal mining," Energy, Elsevier, vol. 151(C), pages 297-308.
    4. Matyjaszek, Marta & Wodarski, Krzysztof & Krzemień, Alicja & Escanciano García-Miranda, Carmen & Suárez Sánchez, Ana, 2018. "Coking coal mining investment: Boosting European Union's raw materials initiative," Resources Policy, Elsevier, vol. 57(C), pages 88-97.
    5. Yakovleva, Natalia & Vazquez-Brust, Diego Alfonso, 2018. "Multinational mining enterprises and artisanal small-scale miners: From confrontation to cooperation," Journal of World Business, Elsevier, vol. 53(1), pages 52-62.
    6. Patrycja Hąbek & Radosław Wolniak, 2016. "Assessing the quality of corporate social responsibility reports: the case of reporting practices in selected European Union member states," Quality & Quantity: International Journal of Methodology, Springer, vol. 50(1), pages 399-420, January.
    7. Korski, Jacek & Tobór–Osadnik, Katarzyna & Wyganowska, Małgorzata, 2016. "Reasons of problems of the polish hard coal mining in connection with restructuring changes in the period 1988–2014," Resources Policy, Elsevier, vol. 48(C), pages 25-31.
    8. Agnieszka Kowalska-Styczeń & Katarzyna Sznajd-Weron, 2016. "From Consumer Decision to Market Share – Unanimity of Majority?," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 19(4), pages 1-10.
    9. Manowska, Anna & Osadnik, Katarzyna Tobór & Wyganowska, Małgorzata, 2017. "Economic and social aspects of restructuring Polish coal mining: Focusing on Poland and the EU," Resources Policy, Elsevier, vol. 52(C), pages 192-200.
    10. Nawrocki, Tomasz Leszek & Jonek-Kowalska, Izabela, 2016. "Assessing operational risk in coal mining enterprises – Internal, industrial and international perspectives," Resources Policy, Elsevier, vol. 48(C), pages 50-67.
    11. Mariusz Hofman & Seweryn Spalek & Grzegorz Grela, 2017. "Shedding New Light on Project Portfolio Risk Management," Sustainability, MDPI, vol. 9(10), pages 1-19, October.
    12. Radosław Wolniak & Bozena Skotnicka-Zasadzien, 2012. "The concept study of Servqual method’s gap," Quality & Quantity: International Journal of Methodology, Springer, vol. 46(4), pages 1239-1247, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shan Yang & Shengyuan Zhuo & Zitong Xu & Jianhong Chen, 2023. "Risk Assessment of Mining Heritage Reuse in Public–Private-Partnership Mode Based on Improved Matter–Element Extension Model," Mathematics, MDPI, vol. 11(16), pages 1-18, August.
    2. Marcin Olkiewicz & Anna Olkiewicz & Radosław Wolniak & Adam Wyszomirski, 2021. "Effects of Pro-Ecological Investments on an Example of the Heating Industry—Case Study," Energies, MDPI, vol. 14(18), pages 1-24, September.
    3. Sun, Xiaojun & Lei, Yalin, 2021. "Research on financial early warning of mining listed companies based on BP neural network model," Resources Policy, Elsevier, vol. 73(C).
    4. Collins R. Nunyonameh & Abdul-Gafaru Abdulai, 2023. "Understanding the discourse of the “Community” in community development in Ghana’s mining industry," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(1), pages 45-58, January.
    5. Wang, Delu & Tong, Xian & Wang, Yadong, 2020. "An early risk warning system for Outward Foreign Direct Investment in Mineral Resource-based enterprises using multi-classifiers fusion," Resources Policy, Elsevier, vol. 66(C).
    6. Adam Wyszomirski & Bartosz Ostapko & Marcin Olkiewicz & Radosław Wolniak, 2021. "The Analysis of Dependencies Between Extraction and Resource Consumption in 2008-2014 on the Example of Ostrowite Gravel Pit," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 311-324.
    7. Jin-Biao Lu & Zhi-Jiang Liu & Dmitry Tulenty & Liudmila Tsvetkova & Sebastian Kot, 2021. "RETRACTED: Implementation of Stochastic Analysis in Corporate Decision-Making Models," Mathematics, MDPI, vol. 9(9), pages 1-16, May.
    8. Maciej Dzikuć & Piotr Kuryło & Rafał Dudziak & Szymon Szufa & Maria Dzikuć & Karolina Godzisz, 2020. "Selected Aspects of Combustion Optimization of Coal in Power Plants," Energies, MDPI, vol. 13(9), pages 1-15, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jonek-Kowalska, Izabela & Nawrocki, Tomasz L., 2019. "Holistic fuzzy evaluation of operational risk in polish mining enterprises in a long-term and sectoral research perspective," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    2. Jonek-Kowalska, Izabela, 2018. "How do turbulent sectoral conditions sector influence the value of coal mining enterprises? Perspectives from the Central-Eastern Europe coal mining industry," Resources Policy, Elsevier, vol. 55(C), pages 103-112.
    3. Izabela Jonek-Kowalska, 2018. "Method for Assessing the Development of Underground Hard Coal Mines on a Regional Basis: The Concept of Measurement and Research Results," Energies, MDPI, vol. 11(6), pages 1-23, May.
    4. Anna Bluszcz & Anna Manowska, 2021. "The Use of Hierarchical Agglomeration Methods in Assessing the Polish Energy Market," Energies, MDPI, vol. 14(13), pages 1-18, July.
    5. Anna Manowska & Andrzej Nowrot, 2019. "The Importance of Heat Emission Caused by Global Energy Production in Terms of Climate Impact," Energies, MDPI, vol. 12(16), pages 1-12, August.
    6. Anna Manowska & Andrzej Nowrot, 2022. "Solar Farms as the Only Power Source for the Entire Country," Energies, MDPI, vol. 15(14), pages 1-15, July.
    7. Wang, Junqi & Cao, Hongjun, 2022. "Improving competitive strategic decisions of Chinese coal companies toward green transformation: A hybrid multi-criteria decision-making model," Resources Policy, Elsevier, vol. 75(C).
    8. Anna Manowska & Anna Bluszcz, 2022. "Forecasting Crude Oil Consumption in Poland Based on LSTM Recurrent Neural Network," Energies, MDPI, vol. 15(13), pages 1-23, July.
    9. Anna Bluszcz, 2017. "European economies in terms of energy dependence," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(4), pages 1531-1548, July.
    10. Matyjaszek, Marta & Riesgo Fernández, Pedro & Krzemień, Alicja & Wodarski, Krzysztof & Fidalgo Valverde, Gregorio, 2019. "Forecasting coking coal prices by means of ARIMA models and neural networks, considering the transgenic time series theory," Resources Policy, Elsevier, vol. 61(C), pages 283-292.
    11. Jan Frankowski & Joanna Mazurkiewicz & Jakub Sokolowski, 2021. "The coal phase-out and the labour market transition pathways: the case of Poland," IBS Working Papers 01/2021, Instytut Badan Strukturalnych.
    12. Jaime-Andres Correa-Garcia & Maria-Antonia Garcia-Benau & Emma Garcia-Meca, 2018. "CSR Communication Strategies of Colombian Business Groups: An Analysis of Corporate Reports," Sustainability, MDPI, vol. 10(5), pages 1-19, May.
    13. Katarzyna Chudy-Laskowska & Tomasz Pisula, 2022. "An Analysis of the Use of Energy from Conventional Fossil Fuels and Green Renewable Energy in the Context of the European Union’s Planned Energy Transformation," Energies, MDPI, vol. 15(19), pages 1-23, October.
    14. Meyer, Camille, 2020. "The commons: A model for understanding collective action and entrepreneurship in communities," Journal of Business Venturing, Elsevier, vol. 35(5).
    15. Ivan Montiel & Junghoon Park & Bryan W. Husted & Andres Velez-Calle, 2022. "Tracing the connections between international business and communicable diseases," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(8), pages 1785-1804, October.
    16. Alicja Kot-Niewiadomska & Krzysztof Galos & Jarosław Kamyk, 2021. "Safeguarding of Key Minerals Deposits as a Basis of Sustainable Development of Polish Economy," Resources, MDPI, vol. 10(5), pages 1-32, May.
    17. Waris Ali & Zeeshan Mahmood & Jeffrey Wilson & Hina Ismail, 2024. "The impact of sustainability governance attributes on comprehensive CSR reporting: A developing country setting," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 1802-1817, May.
    18. Agustina, Lidya, 2021. "Does financial performance moderate the effect of CEO characteristics and stakeholder influence on corporate social responsibility in Indonesia?," Technium Business and Management, Technium Science, vol. 2(1), pages 13-29.
    19. Zhao, Jingyu & Deng, Jun & Wang, Tao & Song, Jiajia & Zhang, Yanni & Shu, Chi-Min & Zeng, Qiang, 2019. "Assessing the effectiveness of a high-temperature-programmed experimental system for simulating the spontaneous combustion properties of bituminous coal through thermokinetic analysis of four oxidatio," Energy, Elsevier, vol. 169(C), pages 587-596.
    20. Sokołowski, Jakub & Bouzarovski, Stefan, 2022. "Decarbonisation of the Polish residential sector between the 1990s and 2021: A case study of policy failures," Energy Policy, Elsevier, vol. 163(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:60:y:2019:i:c:p:169-177. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.