scholarly journals Impact of Covid-19 on the Creative Industries in Slovakia: Evaluation and Elimination

2021 ◽  
Vol 129 ◽  
pp. 01020
Author(s):  
Helena Majduchova ◽  
Maria Kmety Bartekova
Keyword(s):  
Political Action ◽  
Slovak Republic ◽  
Value Added ◽  
International Perspective ◽  
Creative Industries ◽  
Economic Effects ◽  
Second Step ◽  
Fixed Costs ◽  
The Individual ◽  
Compensation Payments

Research background: The restrictions pose a threat to the creative industries, as some companies and self-employed persons suffer major losses. Many freelancers and micro-enterprises work in the creative industries. They depend more than others on events and markets for earning money. The 33 288 employees that comprise the CIs are therefore hit particularly hard by COVID-19. Purpose of the article: The aim of the paper is to measure the Covid-19 impacts on the Creative industries in Slovakia and evaluate the economic compensation suffered from Ministry of Culture of the Slovak Republic. The compensation payments consist of a certain percentage of the income from the year 2019 and encompass business expenses such as rent and other fixed costs. Methods: Our calculations on the extent to which the creative industries (CIs) and its sub-markets are affected by the COVID-19 pandemic are based on data from Ministry of Culture of the Slovak Republic, the Statistical Office of the Slovak Republic and the FINSTAT database for the year 2019 and 2020. Findings & Value added: The effects of the ordered closures and the associated effects in the individual sub-sectors and occupational fields are estimated. For this reason, economic effects are calculated and recorded based on a scenario analysis. In a second step, the international perspective on the COVID-19 pandemic will be considered. Overall, the analysis of the consequences of the pandemic for the creative industries is intended to provide an overview of the possible consequences in the creative industries and, together with the knowledge about the procedures in other countries, to make political action needs more clearly recognisable.

scholarly journals Final Regime of the Value Added Tax in the European Union and the Slovak Republic

2021 ◽  
pp. 29-46
Author(s):  
Peter Rakovský
Keyword(s):  
European Union ◽  
Slovak Republic ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
European Union Countries ◽  
Legislative Procedure ◽  
Individual Actions ◽  
The Individual

In this article we introduce and analyse the main legal actions regarding the value added tax final regime legislation and we try to detect the most important measures to fight against tax frauds. The article tries to identify the individual actions that have already entered into force within the European Union countries (the Slovak Republic including) and actions which are in legislative procedure at this moment.

scholarly journals Using of Intellectual Property Rights in a Creative Industry in a Global Dimension

2021 ◽  
Vol 92 ◽  
pp. 03024
Author(s):  
Monika Raková
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Slovak Republic ◽  
Value Added ◽  
Global Dimension ◽  
Creative Industries ◽  
Creative Industry ◽  
Intellectual Activity ◽  
Global Aspect

Research background: The paper is based on a summary and evaluation of previously conducted domestic and international research on the issue of rights and protection of intellectual property. The own research is part of solution of the scientific project VEGA focused on the field of creative industry and is on processing. Purpose of the article: The creative industries are an integral part of any developed economy. In an effort to protect the results of their activities, it is possible to use several options for the protection of intellectual property through intellectual property rights. The article defines the possibilities of protecting the results of creative intellectual activity of its authors at the global level, as well as defining the rights associated with this protection. Methods: In the paper, there are used general methods such as analysis, synthesis, induction and deduction, which allow us a thorough knowledge of the researched issues and allow us to process information from the research. Findings & Value added: The main value added of the article is to map of the situation with intellectual property rights in a global aspect, and thus what rights are used by countries, to what extent they are used in selected countries in comparison with the Slovak Republic. At the same time, the paper also includes an evaluation of what barriers companies of the creative industry consider to be the most important in solving the protection of intellectual property and suggestions on how to eliminate them.

scholarly journals Evaluation of earnings of small and medium-sized enterprises in Slovakia in aspect of globalization

2021 ◽  
Vol 92 ◽  
pp. 07028
Author(s):  
Veronika Jurickova ◽  
Anna Kubjatkova
Keyword(s):  
Economic Development ◽  
Market Economy ◽  
Scientific Method ◽  
Slovak Republic ◽  
Value Added ◽  
Theoretical Knowledge ◽  
Mutual Comparison ◽  
The Individual ◽  
Positive Effect ◽  
Constant Support

Research background: Small and medium-sized enterprises are a pillar of every market economy in aspect of globalization. The importance of their position is given mainly by their positive effect on employment. One of the basic elements of healthy economic development in the country is the dynamic increase of these companies, which can satisfy the requirements of even the most demanding customers with their high adaptability and creativity. Purpose of the article: The main goal of the article is to examine the profits of small and medium-sized enterprises from 2015 to 2019. The article also contains the characteristics of small and medium-sized enterprises and their contribution to the economy of the Slovak Republic. The contribution of the article lies in a summary of theoretical knowledge about small and medium-sized enterprises and an examination of the reasons why there was an increase or decrease in profit in individual years. Methods: The scientific method of analysis was used in writing the article, where we came to the appropriate conclusions based on the examination of individual parts. The individual years were compared with each other using the method of mutual comparison. Findings & Value added: The output of the whole article is the finding that small and medium-sized enterprises represent an important part of the economy of the Slovak Republic. In the Slovak republic, the constant support and development of these businesses are essential because they have a significant impact on many economic indicators.

Territorial Distribution of Alcohol and Drug Addictions Mortality Concerning Regional Disparities in the Slovak Republic from Year 1996 to Year 2015

2020 ◽  
Keyword(s):  
Mortality Rate ◽  
Slovak Republic ◽  
Regional Disparities ◽  
Point Of View ◽  
Extreme Position ◽  
Data Set ◽  
Female Sex ◽  
Male Sex ◽  
The Individual ◽  
High Level

BACKGROUND: This paper deals with territorial distribution of the alcohol and drug addictions mortality at a level of the districts of the Slovak Republic. AIM: The aim of the paper is to explore the relations within the administrative territorial division of the Slovak Republic, that is, between the individual districts and hence, to reveal possibly hidden relation in alcohol and drug mortality. METHODS: The analysis is divided and executed into the two fragments – one belongs to the female sex, the other one belongs to the male sex. The standardised mortality rate is computed according to a sequence of the mathematical relations. The Euclidean distance is employed to compute the similarity within each pair of a whole data set. The cluster analysis examines is performed. The clusters are created by means of the mutual distances of the districts. The data is collected from the database of the Statistical Office of the Slovak Republic for all the districts of the Slovak Republic. The covered time span begins in the year 1996 and ends in the year 2015. RESULTS: The most substantial point is that the Slovak Republic possesses the regional disparities in a field of mortality expressed by the standardised mortality rate computed particularly for the diagnoses assigned to the alcohol and drug addictions at a considerably high level. However, the female sex and the male sex have the different outcome. The Bratislava III District keeps absolutely the most extreme position. It forms an own cluster for the both sexes too. The Topoľčany District bears a similar extreme position from a point of view of the male sex. All the Bratislava districts keep their mutual notable dissimilarity. Contrariwise, evaluation of a development of the regional disparities among the districts looks like notably heterogeneously. CONCLUSIONS: There are considerable regional discrepancies throughout the districts of the Slovak Republic. Hence, it is necessary to create a common platform how to proceed with the solution of this issue.

Mental health in a conflict area: Migration, economic stress and religiosity in the three southernmost provinces of Thailand

2016 ◽  
Vol 63 (2) ◽  
pp. 91-98 ◽  
Author(s):  
Kathleen Ford ◽  
Aree Jampaklay ◽  
Aphichat Chamratrithirong
Keyword(s):  
Mental Health ◽  
Multilevel Models ◽  
Psychiatric Symptoms ◽  
Economic Stress ◽  
Economic Effects ◽  
World Health ◽  
Thai Government ◽  
And Migration ◽  
The Individual ◽  
Self Reporting Questionnaire

Aim: Three southern provinces of Thailand, Pattani, Yala and Narathiwat, have been involved in a long period of unrest due to differences between the population in the provinces and the Thai government with regard to language, culture and governance. The objectives of this article are to examine the effects of everyday stressors due to the conflict, including economic stress and migration, as well as the effect of religiosity on the reporting of psychiatric symptoms among adults in the three provinces. Methods: Data were drawn from a survey conducted in 2014. The survey included a probability sample of 2,053 Muslim adults aged 18–59 years.Mental health was assessed using World Health Organization’s (WHO) Self-Reporting Questionnaire (SRQ) of 20 questions. Multilevel models were estimated to examine the influence of economic stress due to the conflict, as well as community and individual aspects of migration and religion on mental health. Results: The data showed that migration from the household and the community and the economic effects of the unrest were associated with reporting of more psychiatric symptoms among adults in the southern provinces. Religion was related to reporting of fewer psychiatric symptoms at the individual and the community levels. Conclusion: The study documented increased reporting of psychiatric symptoms among persons reporting perceived household economic stress due to the conflict and the migration of family members.

scholarly journals Altman Model Verification Using a Multi-Criteria Approach for Slovakian Agricultural Enterprises

2021 ◽  
Vol 24 (1) ◽  
pp. 146-164
Author(s):  
Roman Vavrek ◽  
Petra Gundová ◽  
Ivana Kravčáková Vozárová ◽  
Rastislav Kotulič
Keyword(s):  
Slovak Republic ◽  
Economic Value ◽  
Value Added ◽  
Model Verification ◽  
Economic Value Added ◽  
Z Score ◽  
Natural Conditions ◽  
Agricultural Enterprises ◽  
Overall Reliability ◽  
Altman Model

The Altman model is still one of the most widely used predictive models in the 21st century, and it aims to highlight the differences between bankrupt and healthy enterprises. This model has been modified several times; its most well-known forms are from 1968, 1983 and 1995. However, the use of the Altman Z-score for Slovak enterprises is more than questionable. The unsuitability of the model for the conditions of Slovak companies has been confirmed by several empirical surveys. The objective of this study was to verify the validation of these three variants of the Altman model, depending on how an unprosperous company is identified, using a sample of 996 agricultural enterprises operating in the Slovak Republic. Four indicators were selected for the identification of an unprosperous enterprise – economic results, total liquidity, equity, and economic value added – and they were monitored over the last year or, as the case may be, over the last three years from 2014 to 2016. Using the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) and Coefficient of variation (CV) methods as an objective method for weight determination, a combination of the Altman model from 1968 and the negative total liquidity in the last reference year was determined to be the best. One of our main findings is that the way in which an unprosperous enterprise is identified is a significant factor affecting the overall reliability of the Altman model. The Altman model from 1968 and 1983 confirmed the differences resulting from the natural conditions in which the enterprises operate. The economic results and economic value added (EVA) proved to be inappropriate as indicators for defining an unprosperous enterprise in the conditions of the Slovak Republic.

scholarly journals Movement parameters of persons with disabilities on evacuation by lifts

2020 ◽  
Vol 5 ◽  
Author(s):  
Martin Szénay ◽  
Martin Lopušniak
Keyword(s):  
Slovak Republic ◽  
Entry And Exit ◽  
In Situ Experiment ◽  
Persons With Disabilities ◽  
The Difference ◽  
Bounded Area ◽  
Movement Parameters ◽  
The Moment ◽  
The Individual ◽  
Leg Fracture

In 2010 it was defined five challenges for the solution of evacuation of persons in buildings to 2020. One of the challenges is to implement helpfull technologies during evacuations from buildings – lifts. Needed steps for fulfilling this challenge are also quantification of missing data which are dealing with evacuation of persons with disabilities. From 2002 all public buildings in Slovak Republic have to be also accessible to persons with disabilities, but it is also a global problem. In present exists just small number of informations of movement parameters of persons with disabilities during evacuation by lift. There for, this work was focused on collecting these informations. The data collection was realized by using an in-situ experiment. The aim of the work was to quantify the phase stages of evacuation by elevators for persons with disabilities (speed, time, movement and capacity parameters). Person's movements were monitored during the measurements, arrival to lift, cabin entry and exit from the cabin, including leaving the bounded area. Arrival to lift included movement in the bounded area in front of the lift, until the moment of pushing the button was pressed to call the lift. The time of cabin entering includes the time from the beginning of opening the lift doors to the beginning of closing of the lift doors. The exit from the cabin includes the time from opening the lift doors, passing through the lift doors to leaving the bounded area. In total, ten participating persons in the experiments imitated wheelchair movement and movement with leg fracture. Measurements were made on two lifts, where person evacuating himself or with the help of another person. Everyone performed each measurement three times. A total of 720 measurements were performed in the work. According to the results of the experiment it can be stated that cabin entry is longer for a person on the wheelchair than for a person with a leg fracture, but the difference is even bigger during exit from the cabin, including leaving the bounded area. During the experiment, various movement techniques have been observed that may affect their overall the time of cabin entry and exit from the cabin. Obtained results can extend existing evacuation model to the possibility of using the lift. The obtained results quantify the individual phase stages of entering to the lift and exiting of the lift for persons with limited movement.

scholarly journals The proposal of taxation of international passenger transport with respect to the including into the travel services

2012 ◽  
Vol 60 (4) ◽  
pp. 299-306
Author(s):  
Milena Otavová ◽  
Veronika Sobotková
Keyword(s):  
Comparative Analysis ◽  
Slovak Republic ◽  
Value Added ◽  
Individual Member ◽  
Passenger Transport ◽  
Value Added Tax ◽  
Member States ◽  
Transport Services ◽  
Council Directive ◽  
Travel Services

Generally, international passenger transport is exempt from the value added tax, in the case of air transport. International road passenger transport is however liable to taxation. However, the Council Directive on Value Added Tax contains a number of variations in the frame of the taxation of international passenger transport both for the states that joined the Community after January 1, 1978 and also for countries that were members of the Community on January 1, 1978. The international passenger transport is therefore rather problematic field due to a number of exceptions for individual Member States. It is on the providers or recipients of transport services to inform correctly about the taxation of international road transport and to pay properly the tax. The aim of the article is to evaluate the possibilities of the taxation of international passenger transport in the Czech Republic, Austria, Slovak Republic, Germany and Poland and to determine how the taxation of international passenger transport affects the tax liability and price of travel services provided in this country. From the comparative analysis it is evident that the tax paid abroad should be included in the total price of the purchased service. Based on the comparative analysis there will be a proposal for the taxation of international passenger transport so that the tax collection in the monitored countries would be simplified. The proposal recommends to unify an approach during the taxation of international passenger transport for all Member States of the European Union in order to reduce administrative costs on the part of the governments and individual entities.

scholarly journals MANAGERIAL EVALUATION OF THE LOGISTICS PERFORMANCE AND ITS DEPENDENCIES ON ECONOMIES IN SELECTED COUNTRIES

2020 ◽  
Vol 15 (1) ◽  
pp. 15-27
Author(s):  
Alexandra Filova ◽  
Veronika Hrda
Keyword(s):  
Correlation Coefficient ◽  
Linear Dependence ◽  
Slovak Republic ◽  
Strong Dependence ◽  
African Continent ◽  
Transport Efficiency ◽  
The World ◽  
Per Capita ◽  
Logistics Performance Index ◽  
The Individual

The objective of the paper is managerial evaluation of the level of logistics on individual continents and to find out dependence between the level of logistic systems and the level of GDP in the selected countries of the world. To evaluate logistics, we used the Logistics Performance Index and its six categories (customs clearance, infrastructure, international shipment, logistic competencies, monitoring shipment, and satisfaction). The index of gross domestic product was shown per capita and in constant U.S. dollars for 2010. The analyzed period was the years 2010, 2012, 2014, 2016, and 2018. Together, we analyzed 134 countries from five of the world’s continents. Results are provided separately for the European countries and the Slovak Republic. To find out mutual linear dependence, we used the correlation coefficient. From the results of the research, it is clear that there is a connection between the variables LPI and GDP and thus that there exists a direct linear dependence. Only in one case, that of the African continent in 2018, was the coefficient of correlation close to zero and we had to state that the variables were not linearly dependent. For most resulting values of the correlation coefficient, we found only slight linear dependence. The exception was the countries of Australia and Oceania, where a strong dependence was found for all the years in question. This kind of analysis has significance primarily on the macroeconomic level. The individual countries can investigate, evaluate, and consequently improve their respective logistic systems and services. Understanding and decomposing the components of trade and logistics performance can help countries improve freight transport efficiency and identify where international cooperation could help overcome barriers.

scholarly journals IMPACT OF THE VAT REVERSE-CHARGE MECHANISM ON THE CASH FLOWS OF CONSTRUCTION COMPANIES IN THE SLOVAK REPUBLIC

2018 ◽  
Vol 6 ◽  
pp. 522-528
Author(s):  
Angelika Kútna ◽  
Norbert Gyurián ◽  
Zoltán Šeben
Keyword(s):  
Slovak Republic ◽  
Financial Burden ◽  
Value Added ◽  
Cash Flows ◽  
Business Environment ◽  
Value Added Tax ◽  
Construction Companies ◽  
Study Results ◽  
The Law ◽  
Reverse Charge

In 2015, the Slovak Parliament adopted the Law on Amendments to the Law on Value-Added Tax. This law came into force on January 1, 2016. One of the most significant changes was the introduction of a reverse-charge for the provision of construction works. A government statement of its positive influence on the business environment is inconsistent with the two-year experience in the building sector. The main goal of this paper is to establish the reason for the practical effects of the value-added tax reverse-charge mechanism on the construction companies. The hypothesis is that the negative effect on the cash flows of the construction companies increases ‘opportunity costs’ connected to excessive deductions. The paper focuses on evaluating and quantifying such an effect. It presents a comparison of the conditions before and after the adoption of the Act. No. 222/2004 Coll., as amended in 2016 and includes factors that influence costs and cash flows of construction companies. It but does not consider factors related to turnover and the economic situation.  The reverse-charge mechanism affects the total of tax owing, the total deductible tax, the total excessive deduction, and the construction companies’ cash flows. In this study, the data from the information system of the Slovak Republic, under the condition of anonymity, are analyzed for the period 2014–2017. The effect of the value-added tax is quantified by way of financial interest expenses. These expenses depend on time limits for the excessive deduction, total of tax owing, and on the excessive deduction amount. Indicators of ‘Financial Burden 1’ and ‘Financial Burden 2’ are calculated. The results show that the Law on Amendments of Value Added Tax has significantly affected the constructions companies since January 2016. The reverse-charge system has not changed the delay in excessive deduction payments to the taxpayer’s bank account. It has changed the amount of excessive deduction expressed through money and the total tax owing. Based on the study results, this change markedly affects the financial burden of construction companies and provides an ‘opportunity cost’ Value Added Tax payers‘ construction company.

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