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Ekonomie a management – 2/2018

Záznam přidán/aktualizován: 28. srpna 2018 v 13.25 hod.

INDEXING FINANCIAL REPORTING INFORMATION FOR HERITAGE MANAGEMENT

Nabiela Noaman, Hassan Ouda, Johan Christiaens

The way ‘Heritage Assets’ are preserved is a symbol of a country’s civilization (Shan, 2006). Heritage assets (HA) are of utmost signi?cance to shaping nations’ identities. Their signi?cance is derived from their historical, aesthetic, scienti?c and social values. They should be well preserved to continue offering social bene?ts for an inde?nite period (Barton, 2005). Countries possessing rich legacies of HA should manage them properly to evade negligence and loss of such irreplaceable possessions. Thus, governments are responsible for safeguarding HA and ensuring their retention for future generations.

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ECONOMIC PROJECTION AND EVALUATION OF MINING VENTURE

Jozef Čech, Marian Šofranko

Traditional methods of economic evaluation by techniques of investment and ?nancial analysis with regards to the speci?cs of business, engineering and project economics are well known, e.g. (Gillespie, 2013; Newnan et al., 2013; Mian, 2011). Their use in mining evaluation is well adopted. The groundwork in the given ?eld was done and provided in (Gentry & O’Neil, 1984) with following (Runge, 1998). More sophisticated math approach is represented by application of option value paradigm added to classical investment analysis, taking into account managerial aspect of decision ?exibility during the project’s life. One of the ?rst application to mining appeared within (Xiaoli & Elbrond, 1996) and to take a more recent, e.g. within (Hall & Nicholls, 2008) and (Saluga, 2011).

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RESTRUCTURING PARCEL DELIVERY NETWORK BY CONSIDERING DYNAMIC CUSTOMER DEMAND

Hyun-Woong Jin

Parcel delivery service, or courier service, is de?ned as delivering small and light parcels, quickly and accurately relying on sophisticated networks and the reliable tracking of the shipments (Ducret, 2014). Due to the rapid expansion of e-commerce, parcel delivery service industry became one of the fastest growing industries in the world and characterized as follows. First, it is an asset intensive industry since it requires huge investment on facilities such as delivering vehicles and hub facilities. Because of huge investment and long payback period, small and medium sized companies are seldom found in the market. Second, the core competencies of company are the speed and the accuracy of delivery.

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RECIPROCATION AT WORK: THE ROLE OF WORK TO FAMILY ENRICHMENT AND FAMILY ROLE SALIENCE

Aneel Kumar, Khalil Ahmed Channa, Niaz Ahmed Bhutto

Usually an individual performs two most prominent roles in daily life. One is the work role, other is the family role. It is not uncommon to ?nd it dif?cult for an employee to balance both roles simultaneously and as a result they may face work family con?ict. Following this con?ict perspective, mostly studies have looked into the darker side of work family balance i.e., work family con?ict (Greenhaus & Powell, 2006; McNall, Nicklin, & Masuda, 2010) but some researchers argued the positive side of work family interface (Aldous, 1969; Marks, 1977; Sieber, 1974). The con?ict perspective of work and family role has been paid with extra attention in work place.

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THE ANALYSIS OF EXPORT TRADE BETWEEN UKRAINE AND VISEGRAD COUNTRIES

Ľudmila Nagyová, Monika Horáková, Serhiy Moroz, Elena Horská, Zuzana Poláková

The dynamic development of foreign trade is important for the stable economic position of each country. It can be considered as a con?rmation of the actual ef?ciency of the national economy and its ability to be competitive in the global economic system. The growth of this trade is particularly essential for Ukraine, taking into account the crisis situation in the country. In this paper, we analyze main tendencies of export trade of Ukraine with Visegrad countries (Czech Republic, Hungary, Poland and Slovak Republic) and examine whether there is a relationship between the level of GDP and the volume of export activities between these countries.

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THE GAP OF IMPORTANCE OF DESIGN IN BUSINESS BETWEEN 2014 AND 2016

Jan Kramoliš, Anna Kotásková

As a result of dynamic changes on the market and a tightened competitiveness struggle, design is becoming one of the key business triggers to gain the essential competitive advantage in business. Bruce and Bessant (2002) state the major bene?ts of design management: increase pro?t by increasing sales or by decreasing manufacturing costs, increase market share, gain a competitive advantage, revamp mature and failing products, and provide a strategy for growth. Design is a way of launching a new product of service. Bloch (1995) also states that a good design attracts consumers to a product and adds value to the product by increasing the quality of the usage experiences associated with it. Managers are well aware of what design is and of the fact that it can add value in a competitive environment (Kramoliš, 2015).

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DEFAULT RATE IN THE CZECH REPUBLIC DEPENDING ON SELECTED MACROECONOMIC INDICATORS

Radmila Stoklasová

Since the late 1980s, the Czech Republic has undergone the transformation process from a centrally planned economy to a market economy. The modernization of the country’s ?nancial sector is a fundamental condition for economic growth. The beginning of the transformation was associated with a rapid increase in credit activity. There was a decrease in the growth rate in the second half of the 1990s, followed by a decrease in the volume of lending. The volume of lending has increased again and the number of ‘bad’ credits has increased also since 2000.

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FISCAL DECENTRALIZATION DETERMINANTS: ANALYSIS OF THE EU COUNTRIES´ CLUSTERED SAMPLE IN PERIOD 1995-2015

Lenka Maličká, Slavomíra Martinková

In industrial and developed countries, the restructuring of public sector increased the importance of ?scal decentralization in the second half of 20th century. In Eastern Europe its implementation delayed to the 1990´s. The decentralization of decision-making powers was supported by the ?scal federalism theory in the 1950´s and 1960´s (Oates, 2005) developed by Samuelson (1954; 1955), Tiebout (1956), Musgrave (1959). In this period many famous authors as Olson, Buchanan, etc. published their ideas in the ?eld of collective action (Zabkowicz, 2017). Famous is also the decentralization theorem formalized by Oates (1972) and the Leviathan hypothesis elaborated by Brennan and Buchanan (1980).

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INEQUALITIES IN HEALTH STATUS DEPENDING ON SOCIO-ECONOMIC SITUATION IN THE EUROPEAN COUNTRIES

Viera Pacáková, Lucie Kopecká

Quality health care system is a priority for citizens of each country and a precondition for economic prosperity. The public health systems in many counties bear the huge burden of treatment of serious diseases, particularly cardiovascular diseases and cancer. Cancer, heart disease, diabetes, respiratory, mental and other chronic diseases represent great suffering to citizens and represent a huge cost to society and the economy. It is estimated that they will cost the global economy around €22.5 trillion between 2012 and 2030 (EU, 2013).

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INNOVATIVE ACTIVITY AND BUSINESS CYCLE: AUSTRIA IN THE 19TH AND 20TH CENTURY

Pavol Minárik, Marek Vokoun, František Stellner

The period of economic recession and crisis usually intensi?es the discussion of policies that aim to increase economic performance. Among these we often ?nd suggestions to increase support of research and development, entrepreneurship and innovations. Economic crises create certain pressures to search for adequate policies in this respect; at the same time, crises seem to be the appropriate periods for implementing new policies. However, the research of the relation between business cycles and innovative activities is still rather marginal.

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IMPACT OF ECONOMIC DEVELOPMENT ON THE ECOLOGY IN THE REGIONS OF LITHUANIA

Romualdas Ginevicius, Dainora Gedvilaite, Andrius Stasiukynas

Today, when we talk about development, irrespective of the level of the analysed subject – a state, a sphere of economic activity, a region or a company – ?rst of all we think about sustainable development. The following concept of sustainable development has been formed in the global environmental and in economic development forums, and has become the classic de?nition: it is development that meets the current needs of a society without compromising the ability of future generations to meet their own needs. This concept is based on three components – environmental, economic and social development.

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QUALITY EVALUATION OF INTERNET WEBSITES WHICH REPRESENTS THE LITHUANIAN BASKETBALL THROUGH CONSUMERS APPROACH

Antanas Usas, Edmundas Jasinskas, Dalia Štreimikiene, Biruta Švagždiene, Arturas Simanavičius

Information communication technologies (ICT) over the last ?ve years have become one of the main parts of the society. Smartphones, personal computers have become an integral part of everyday life. E-commerce is a very relevant subject and the topic is discussed around the world. In 2013, 41% of all internet users had purchased online and sales in 2015, reach $1,471 billion (statista.com, 2016).

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THE INFORMATION CONTENT OF SHARE REPURCHASES – EVIDENCE FROM POLAND

Elżbieta Wrońska-Bukalska, Bogna Kaźmierska-Jóźwiak, Jiří Rozkovec

Share repurchase is a phenomenon that has recently been thoroughly studied around the world. Despite being seen as a substitution for dividends and a tool for distributing excess cash, it would appear that there are more reasons for repurchasing shares and more complex problems than only distributing excess cash to shareholders. The bulk of the research concerns the market reaction to the announcement and implementation of share repurchase programmes. We attempt to ascertain the market reaction to the announcement of share repurchases and to determine the reasons for the reaction. We assume that share repurchase programmes might be explained by the agency theory or signalling theory. We expect that share repurchases convey valuable information to the investors because of the separation of ownership and management. We seek to identify what kind of information the share repurchase conveys.

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INTERNET OF THINGS AND ITS CHALLENGES IN SUPPLY CHAIN MANAGEMENT: A ROUGH STRENGTH- RELATION ANALYSIS METHOD

Mahsa Pishdar, Fatemeh Ghasemzadeh, Jurgita Antucheviciene, Jonas Saparauskas

Internet of Things (IOT) technology which turns out as a buzzword in the ICT contains elements such as biometrics, sensors and controlling data of the real world into the information technology platform (Mital et al., 2017). Research institutes predict its economic potential to be enormous and applicable in different industries such as healthcare, energy management, industrial automation, environmental management, traf?c management, logistic and supply chain management (Kim & Kim, 2016).

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