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We study bankruptcy problems in financial networks in the presence of general bankruptcy laws. The set of clearing payment matrices is shown to be a lattice, which guarantees the existence of a greatest clearing payment and a least clearing payment. Multiplicity of clearing payment matrices is both a theoretical and a practical concern. We present a new condition for uniqueness that generalizes all the existing conditions proposed in the literature. Our condition depends on the decomposition of the financial network into strongly connected components. A strongly connected component that contains more than one agent is called a cycle, and the involved agents are called cyclical agents. If there is a cycle without successors, then one of the agents in such a cycle should have a strictly positive endowment. The division rule used by a cyclical agent with a strictly positive endowment should be positive monotonic, and the rule used by a cyclical agent with a zero endowment should be strictly monotonic. Because division rules involving priorities are not positive monotonic, uniqueness of the clearing payment matrix is a much bigger concern for such division rules than for proportional ones. As a final contribution of the paper, we exhibit the relationship between the uniqueness of clearing payment matrices and the continuity of bankruptcy rules, a property that is very much desired for stability of financial systems. Funding: This research was supported by the Higher Education Institutional Excellence Program 2020 of the Ministry of Innovation and Technology in the framework of the "Financial and Public Services" research project [Grant TKP2020-IKA-02] at Corvinus University of Budapest. P. Csóka received funding from the National Research, Development and Innovation Office [Grants K-120035 and K-138826]. [ABSTRACT FROM AUTHOR]

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The following note provides an overview of the debate centred on a 2005 course textbook which was written by Géza Jeszenszky for courses he taught at the Corvinus University of Budapest. In the text book a claim was made that many Roma are mentally ill on account of Roma culture sanctioning incestuous relations. The note refutes this claim and can find no scientific evidence to support such assertions. [ABSTRACT FROM AUTHOR]

The academic profession has significantly transformed in the past few decades due to the industrialization of higher education and research. Based on sixteen career path interviews, the study investigates how the career paths of sociology doctoral graduates who obtained their master's or PhD degree at Corvinus University of Budapest have been formed within this changing environment of the academic profession. The study distinguishes four researcher career path types and describes attached job characteristics and career satisfaction. Hungarian and international academic researchers have spent most of their careers at Hungarian or renowned foreign universities. Hungarian academic researchers performed a high volume of teaching, while international academic researchers primarily focused on research. The career paths of market researchers were formed by their positions at research firms, where they were involved in applied research projects. Researchers of the mixed career type alternated between the different sectors throughout their career paths that led to dissatisfaction with their careers. Interviewees of the other three types were generally satisfied with their careers, however, the reconciliation of teaching, research and organizational tasks in the case of Hungarian academic researchers, the measurement of publication performance against Western scholars regarding international academic researchers, and the choice between academic and market activities among market researchers all emerged as sources of frustration in the narratives. [ABSTRACT FROM AUTHOR]

Environmental education at the Corvinus University of Budapest (CUB) was started approximately 15 years ago. It is centred at the Department of Environmental Economics and Technology, established in 1989. One of the first environmental subjects was environmental economics which is now a compulsory course for students studying economics and business administration. Since then several additional courses have beet] developed, such as corporate environmental management, green environmental policy, evaluation of natural resources, environmental modelling and environmental technologies. The Institute of Environmental Sciences at the Faculty of Business Administration is responsible for a major (environmental studies and rural development), while the Department of Environmental Economics and Technology is responsible for a minor (environmental management). The latter department deals with 1,800 students a year. This article shows the most important characteristics of environmental education at the CUB. [ABSTRACT FROM AUTHOR]

An introduction is presented in which the editor discusses various reports within the issue on topics including the taxation policy, Hungarian National Bank's monetary policy, and Corvinus University of Budapest's financial policy.