Číslo 29, ročník XI

Browse

Now showing 1 - 5 of 6

Family Relationships and its Influence on Family Wine Firms in the Czech Republic
(Vysoké učení technické v Brně, Fakulta podnikatelská, 2017-09) Murinova, Anastasia
Purpose of the article: There are many a studies by universities and various companies regarding the phenomenon of family business. However, a clear definition of the family business does not exist. Thus, firstly the purpose of this paper is to identify the essence of family business. Secondly, it was necessary to clarify the question of family relationships existing within the family business in the Czech Republic. Methodology/methods: As the wine family business is a bright representative of the oldest and traditional economic activities, it was decided to analyze the family relationships of 108 representatives of the wine family firms in the Czech Republic within the secondary research. For primary research the case study method was used. Representatives of wine family firms were interviewed to confirm the obtained results and add the details. Scientific aim: The aim of scientific research is to improve the understanding of family firm’s base from the perspective of family relationships. Findings: Coming out of the definition by Arquera (1979) and taking the applicable Civil Code of the Czech Republic into account, the author has created a definition regarding the family business to be transferred to the next generation. Accordingly, there were identified four dominant groups of family relationships within the wine trading family business. A representative interviewed among others has confirmed the existence of traditional wine trading family business saying that it is not only a mere marketing tool for the customer acquisition. Besides that, case studies make clear beyond the veil the influence of family relationships on the firm’s performance. Conclusions: This study has contributed to the theoretical body of family business research providing an important first step to gaining insights into the understanding of family relationships of the family business influencing its effective functioning.
Effect of Treasury Single Accounts (Tsa) on the Performance of Ministries, Departments and Agencies (Mda) in Nigeria
(Vysoké učení technické v Brně, Fakulta podnikatelská, 2017-09) Ofor, Nkechi T.; Omaliko, Leonard Emeka; Okoli, Francis Chukwudi
Purpose of the article: The policy on the Treasury Single Account (TSA) was institutionalized to hedge financial loopholes, promote transparency and prevent mismanagement of government’s revenue by unifying all accounts of the government and preventing mismanagement of revenues by those agencies that generate revenue. This study however, examines the effect of the TSA policy on the performances of federal government MDAs in Nigeria. Methodology/methods: The study relied basically on primary data which was obtained through questionnaire designed and administered to75 respondents drawn from the federal government ministries, departments, agencies and parastatals (MDA) within Anambra metropolis in the eastern part of Nigeria. Analysis was based on the Wilcoxon sign test. Scientific aim: This study aims to empirically establish through available statistics the effect of implementing TSA on the performance of government ministries, departments and agencies in Nigeria. Findings: The result of this research indicate that the institutionalization of TSA has significantly affected and improved the performance of federal government MDAs at 5% level of significance which goes further to confirm that treasury single account is capable of blocking financial loopholes in revenue generation and promoting transparency and accountability. Conclusion: The study concludes by recommending that since the adoption of TSA has significantly improved the performance of federal government ministries, departments and agencies (MDAs) in Nigeria, government should enforce the adoption of TSA and ensure that it is mandatory for all MDAs and parastatals in the country.
Identification and Comparison of Requirements Imposed on Brand Managers: Cross-National Study in the U.S.A. and in the Czech Republic
(Vysoké učení technické v Brně, Fakulta podnikatelská, 2017-09) Wroblowská, Zuzana
The purpose of the article: The author´s interest focuses on human factor of brand managers, as brands and their added value are considered to be among the most important sources of competitive advantage for business in a competitive marketplace. There is no doubt that for succeeding in their job role, brand managers must have knowledge, dispositional traits and concomitant soft skills that arise from these traits. The purpose of the article is to provide the insight into the offering of brand manager posts in the Czech Republic and in the U.S.A. and to analyse the collected data with the special interest in finding the answer whether the employers are searching the brand managers possessing personal dispositions and skills of knowledge workers, and if there is no significant difference in the requirements between the Czech and American recruitment advertisers. Methodology/methods: For a successful empirical research, the content analysis method by Berelson was used to study the texts in the advertisements publicly available on career portals. The statistical verification of results was conducted using the chi-square test. Scientific aim:The goal of the primary survey was to provide the answers to the research questions that arise from the following research assumptions: (1) employers do not publish different requirements for candidates for the job of Brand Manager in the U.S.A. and in the Czech Republic, (2) the set of requirements for candidates for the job of Brand Manager in the U.S.A. will confirm that a brand manager is one of the workers who has skills and personality prerequisites expected from knowledge workers. Findings: The results of the actual research project confirmed the fundamental need for excellent communication skills (71.4%) and presentation skills (67.9%). Unlike employers in the Czech Republic, the American companies are more interested in people with a high degree of responsibility (42.9%) that is the third highest relative frequency of identified traits. About one third of American advertisements had requirements for the high degree of creativity, conceptual thinking and analytical skills of candidates for the position of Brand Manager. During the comparison of the data results gathered in both countries, there were recorded significant differences practically in all analysed groups of personality traits, behavioural competencies and so-called soft skills. Statistical verification confirmed the shift of requirements in the group of performance prerequisites and abilities, as well as in the group of interpersonal skills and abilities. Conclusions: Comparison of frequencies of requirements placed on candidates for the position of Brand Manager in the U.S.A. and in the Czech Republic indicated differences, but it does not mean that the US employers are less demanding. The differences in the employers´ expectations supported by a set of psychological requirements placed on candidates for the position of Brand Manager inspire the discussion and are the reason for a deeper investigation of the job roles in product management. The findings indicated that employers are looking for employees possessing personal dispositions and skills of a knowledge worker nevertheless the ability to innovate is not presented in the American job advertisements as often as in the Czech Republic.
Doing Business in Czech Republic after Accession to the EU
(Vysoké učení technické v Brně, Fakulta podnikatelská, 2017-09) Litva, Dušan
European Union can be considered as a full integration process including political, safety, social or economic aspects. Economic integration is process of interconnection otherwise separated national markets (by removal of economic borders). This assumes removal of all obstacles (in economy, trade, tax, administration or industrial area) and establishment of common rules for market competition. Basic benefit of economic integration is occurrences of real or potential competitiveness effects. The aim of this article is research on impact of European integration on business environment and competitiveness of Czech Republic. European integration influenced number of factors of business environment mainly in area of legislation, taxes, public competition or harmonization of norms which can result in overall Czech Republic competitiveness abroad. For DB and GCI indexes have been used also subsequent indicators and their trends. Growing DTF trend for DB index since 2004 shows improvement of business environment after accession to the EU in contrast with non- EU members (Switzerland, Norway) which remains flat. The biggest benefit for Czech business environment seems to be trade liberalization as Czech companies were able to compete successfully at foreign markets. On the other hand, according to GCI remains biggest challenge non- effective bureaucracy, tax regulation, corruption, political instability and low business sophistication. Czech Republic should focus, consistently with Lisbon strategy, on qualification of labour forces, increase of innovation capacity and support of more sophisticated businesses with higher added value.
Budget Deficit and Fiscal Administration in Selected Sub-Saharan African Countries
(Vysoké učení technické v Brně, Fakulta podnikatelská, 2017-09) Ezinando, Emenike Edwin Ekenechukwu; Jeroh, Edirin
Purpose: An examination of budget performance’ relationship with fiscal administration in selected countries of sub-saharan Africa is the thrust of this study. Secondary data from 12 countries in Sub-Saharan Africa (SSA) for the period (2002- 2016) was sought and analysed. Methodology/methods: Analytical tools deployed for statistical analysis include the Ordinary Least Square (OLS) regression method, correlation analysis, variance inflation factor (VIF) tests for multicollinearity, and Breusch-Pagan/Cook Weisberg test for heteroskedasticity. 5% level of test of significance was employed to measure the altitude of statistical association between all variables. Scientific aim: Efforts were made to empirically ascertain by means of available statistics the relationship between budget deficits and fiscal administration in SSA. Findings: Indications from this study implied that countries SSA recorded trends of significant levels of revenue decline and fiscal balances have deteriorated despite the various acclaimed adjustments in the expenditures profiles by governments in the region. Also a significant relationship was found between budget deficit and fiscal administration among countries in SSA. Conclusion: Since budget deficit has remained a recurring decimal in SSA, countries in the region have resorted to high reliance on borrowed funds to finance the increasing amounts of budget deficits; the consequence being the exposure of countries in SSA to high cost of borrowing.

Browse

Recent Submissions