scholarly journals Impacts of Globalization and Conflicts on Business Performance and Possibilities of Its Solution

2021 ◽  
Vol 92 ◽  
pp. 06032
Author(s):  
Peter Seemann ◽  
Zuzana Stofkova
Keyword(s):  
Conflict Resolution ◽  
Business Performance ◽  
Work Performance ◽  
Industrial Relations ◽  
Value Added ◽  
Economic Globalization ◽  
Nation States ◽  
Conflict Situations ◽  
Survey Sample ◽  
The Impact

Research background: The concept of globalization is interpreted by various authors in terms of its importance or content. Globalization refers to the process of gradually erasing the borders of nation-states, and economic globalization is the culmination of this process. The proof is the interconnectedness of economies around the world, where each economy reacts sensitively to fluctuations and changes in other economies. Purpose of the article: The paper deals with the examination of conflicts in the work environment of selected companies and the subsequent formulation of suggestions and recommendations for improvement. Methods: Nowadays, conflicts in industrial relations and failure to manage conflict situations are one of the biggest problems in companies. A quantitative questionnaire survey was used to find out the current situation in companies in terms of conflicts, specific causes of conflicts, the impact of conflicts on work performance, how employees resolve work conflicts, and their awareness of alternative conflict resolution, with whom employees most often come into conflict. The questionnaire was anonymous; therefore, the specific company names are not given. The numbers of 190 selected companies were contacted, and 93 of them were replied to the questionnaire, which forms a survey sample. Findings & Value added: The conclusion contains recommendations for individual respondent’s businesses to successfully resolve and prevent conflicts in the workplace, and thus strive to build a peaceful working atmosphere without extra costs incurred ineffective conflict resolution. Furthermore, there is an evaluation of the economic aspect and demonstration of the benefits of acquiring and using the skills of alternative conflict resolution in the form of elimination of losses.

scholarly journals The importance of evaluation of economic determinants in public procurement processes in Slovakia in 2010–2016

2017 ◽  
Vol 8 (3) ◽  
Author(s):  
Andrea Tkacova ◽  
Beata Gavurova ◽  
Jakub Danko ◽  
Martin Cepel
Keyword(s):  
Negative Impact ◽  
Public Procurement ◽  
Value Added ◽  
Supply Side ◽  
Economic Determinants ◽  
Goods And Services ◽  
Limit Orders ◽  
Survey Sample ◽  
The Impact

Research background: Public procurement is designed to efficiently spend public sector financial resources. This should lead to savings in public funds. Domestic and foreign studies point to the fact that sufficient competition on the supply side is the condition for achieving those savings. Slovakia currently belongs to a group of countries with low competition on the supply side of the tender. Every year, about 10,000 tenders will be made in Slovakia for 5 billion Eur. However, contracting authorities have difficulty with establishing the estimated contract value and defining non-discriminatory criteria. On the other hand, contractors lack the expertise to prepare tenders, specifications are often tailored to specific bidders or products, and the price criterion has a negative impact on the quality of the goods and services purchased. Purpose of the article: The aim of the study was to investigate the impact of selected efficiency determinants on savings in public procurement in Slovakia in 2010–2016. The number of bids, the subcontractor's participation, the narrower competition and the impact of the narrower competition and the expected price on the number of bids have been examined. Methods: The survey sample consisted of 800 randomly selected public procurement con-tracts from different sectors in 2010–2016. The contracts were split on the basis of the median estimate of the above-limit (409 contracts) and below-limit (391 contracts) contracts; the divestment value was the estimated price of 400,000 Euro (without the tax). Findings & Value added: The number of offers positively influences the creation of savings in public procurement, an average of 5-6%. The impact of a narrow competition was significant, which led to a decrease in savings of 3-4% compared to the open competition if the sample was 800 contracts and over 400,000 Euro (without the tax). For below-limit orders, this determinant was shown to be statistically insignificant. The size of the contract did not affect the number of successful candidates. Also, the negative impact of narrower competition on the number of tenders was demonstrated. These findings are in line with the presented research studies. In the future, we plan to perform sectoral analyses to verify the validity of the hypotheses under review based on the results of our research.

scholarly journals VALUE ADDED INTELLECTUAL CAPITAL COEFFICIENT (VAIC) AND BUSINESS PERFORMANCE: THE IMPACT OF INTELLECTUAL CAPITAL ON SMALL AND MEDIUM-SIZED ENTERPRISES PERFORMANCE

2021 ◽  
Vol 11 (Especial) ◽  
pp. 2-17
Author(s):  
Vinícius Figueiredo de Faria ◽  
Vanessa Pereira Santos ◽  
Fernando Hadad Zaidan
Keyword(s):  
Intellectual Capital ◽  
Business Performance ◽  
Value Added ◽  
The Impact

O rápido crescimento de empresas intensivas em tecnologia em uma economia baseada no conhecimento, sinaliza a importância da gestão do capital intelectual no meio corporativo. A literatura sobre o tema aponta que este ativo intangível contribui para o desempenho, competitividade e sustentabilidade financeira das empresas. Este fato é marcante especialmente nos países em desenvolvimento, onde as pequenas e médias empresas são consideradas o motor do crescimento, devido à sua capacidade de geração de empregos, flexibilidade e inovação. Mediante a esse ajuizamento, este estudo visa investigar como este ativo intangível é classificado e medido por acadêmicos e qual a sua relação com o desempenho financeiro de pequenas e médias empresas. Esta pesquisa emprega a revisão sistemática da literatura, para identificar os fatores críticos de sucesso que associam os fatores supracitados, em uma ampla perspectiva analítica sobre a mensuração do capital intelectual. Como resultado, as categorias monetárias e não monetárias dos métodos de medição do capital intelectual estão descritas neste estudo e as descobertas sugerem que as empresas com maior desempenho financeiro realizam de forma mais eficiente o potencial de seu capital intelectual.  

scholarly journals Postmodern conflictology: issues of theory and approaches to methodology

2021 ◽  
Vol 24 (2) ◽  
pp. 31-40
Author(s):  
Tetiana Vlasova ◽  
Oleksandr Pshinko ◽  
Olha Vlasova
Keyword(s):  
Conflict Resolution ◽  
Practical Applications ◽  
Construction Methods ◽  
Conflict Situations ◽  
Critical Approaches ◽  
Postmodern Philosophy ◽  
To Come ◽  
The Individual ◽  
The Impact ◽  
Conflict Resolutions

The problematization of the classical concepts in the postmodern philosophy has created some definite challenges that stipulate the development of the “Theory” in its interdisciplinary conceptual meanings and practical applications. The latter demands a certain “list” of the new notions and implies requirements for theorists to reflect the scientific diversity without reducing it to any kind of “theoretical unity”. For these reasons the purpose of this article is the conceptual reconstruction of the notion of the conflict in the specific postmodern context of its sociocultural, political and ethical meanings and senses. The methods of the research are mainly based on the principle of the anthropocentric paradigm, which stipulates the use of the interdisciplinary comparative-critical approaches and social construction methods in the general problematic field of postmodernism. While analysing conflict theories such schools of philosophy as existententialism, phenomenology and pragmatism are considered to be valid in the descriptions of both the actual conditions of the individual human existence and abstract human qualities. The practical aspects of this paper involve the empirical representation of the principles of the value and the sense in the problematic aspects of conflict resolution with the stress on the concepts of the discoursive communication. The obtained results allow to come to the conclusion that the most influential transformations are connected with such postmodern conflict problems as asymmetrical threats and unstable security architecture. The latter proves that the methodological approaches to conflictology should be evaluated from the point of presumably successful resolutions against the background of different spatial and temporal factors, which, in its turn, means creating new administrative modalities of conflict management. It should be stressed that in the context of the conflictological tendencies of the globalizing societies the special place should be occupied by the principles of K.- O. Apel’s discoursive ethics and M. M. Bakhtin’s doctrine of the “responsible dialogism”. Nowadays political approaches cannot be effective in the conflict resolutions without the classical ideals and the absolutes, without the impact of the Pathos, which means implied significance of the “relatively Utopian” ideas and their application in the conflict resolution, the potential possibilities of their realization in the conflict situations.

scholarly journals INTELECTUAL CAPITAL, MARKET CAP DAN PENGARUHNYA TERHADAP PERTUMBUHAN KEUANGAN PERUSAHAAN NON-KEUANGAN YANG TERDAFTAR DI BEI PERIODE 2016-2019

2019 ◽  
Vol 2 (2) ◽  
pp. 1-10
Author(s):  
Andini Nurwulandari
Keyword(s):  
Capital Market ◽  
Business Performance ◽  
Value Added ◽  
Sustainability Reporting ◽  
Study Data ◽  
Equity Returns ◽  
Earnings Per Share ◽  
Study Process ◽  
The Impact ◽  
Capital Value

Although measuring data assets involves assessing, development, tracking and managing a variety of intangible variables, they are progressively essential for business performance. The goal of the analysis is to examine the impact on financial output of intellectual capital and market cap. The writer utilizes research data from a total of 9 firms in the study data for 2016-2019 to be used by non-financial listed companies on the Indonesian stock market; the study process is the analysis of panel data. The findings from this study indicated that VACA, VAIC, Market Capital Value Added (MCVA) and Earnings per Share had a favorable and meaningful effect (ROE). Sustainability reporting, however, has little effect on equity returns (ROE).

scholarly journals The impact of digital transformation on European countries: insights from a comparative analysis

Equilibrium ◽  
2021 ◽  
Vol 16 (2) ◽  
pp. 325-355
Author(s):  
Agnieszka Małkowska ◽  
Maria Urbaniec ◽  
Małgorzata Kosała
Keyword(s):  
Cluster Analysis ◽  
Comparative Analysis ◽  
Technological Development ◽  
Industrial Relations ◽  
Value Added ◽  
Digital Transformation ◽  
European Countries ◽  
Three Dimensions ◽  
Eu Countries ◽  
The Impact

Research background: In the era of the digital revolution, the Internet, automation and robotisation, new industrial relations and dynamic interactions among different stakeholders are giving rise to new opportunities and challenges. The changes associated with the enforcement of the ?Industry 4.0? concept require adaptation to these developments at different levels of the economy and society in order to support digital transformation. Purpose of the article: The aim of this paper is to measure and assess the impact of digital transformation on European countries (EU). The comparative analysis of technological development in EU countries includes three dimensions: the digitalisation of society (Society 4.0), the ability of the economy to face the challenges of technological development (Economy 4.0), as well as the exploitation of ICT in companies (Companies 4.0). Methods: The empirical section of the article was built on a two-stage analytical approach: (a) cluster analysis methods to assess differences and similarities between EU countries (Hierarchical Cluster and K-Means Cluster) and (b) the multi-criteria decision-making method (TOPSIS) to rank countries according to the adopted evaluation criteria. For the purposes of this analysis, data from the Eurostat database have been applied. Findings & value added: The results of this analysis demonstrate the impact of technological transformation on the economy and society in EU countries grouped according to a similar level of development, such as countries with high, medium and low performance. This has contributed to indicating the cohesion in technological development achieved by each country group and to recognising the digitalisation gap between EU Member States. The novelty of this study consists in applying the multi-stage, multi-criteria analysis based on cluster analysis and the TOPSIS method, as well as the comparative analysis of the impact of technological developments on the societies and economies of EU countries. This paper extends similar studies by focusing on the application of a broad range of indicators regarding a holistic perspective including three dimensions: societies, economies and companies. The results provide valuable insights into evaluating the technological progress in European countries.

scholarly journals “Hotel – OTA” interaction and its influence on the optimization of urban hotels’ distribution channels

2021 ◽  
Vol 129 ◽  
pp. 06001
Author(s):  
Irina Atanasova ◽  
Ivaylo Ivanov
Keyword(s):  
Business Performance ◽  
Value Added ◽  
Regression Methods ◽  
Travel Agencies ◽  
Hotel Managers ◽  
Business Metrics ◽  
Performance Results ◽  
Online Travel ◽  
The Impact ◽  
Online Travel Agencies

Research background: The interaction between hotels and the online travel agencies (OTAs) influences the hotel sales, creating dependencies, which the hotel managers are reluctant to accept. The indicators that evaluate urban hotel sales in Bulgaria in the scope of partnership with OTA are examined. The influence of the modern digital tools to enhance business performance results is reviewed. Purpose of the article: Focusing on Bulgarian urban hotels, the research measures the impact of diverse factors for shaping an adequate business model of an urban hotel. The effect of the share of the hotel sales via OTA platforms, the number of OTAs used, the occupancy rate, the RevPAR and the Booking.com rating score is considered. Finding an appropriate model for digital behavior of urban hotel enterprises is one of the aims of the survey. Methods: A questionnaire distributed among urban hotels situated in industrial towns of Bulgaria is conducted. Linear regression and logistic regression methods are applied for the purpose of the study. Findings & Value added: The importance of channel manager technology for business metrics in this sector is concerned. Three generalized hotel operating models are extracted. It is concluded that there is a necessity for constant management and review of the hotel - OTA relations.

The Impact of Forced Top-Down Nation Building on Conflict Resolution: Lessons from the 1923 Compulsory Population Exchange between Greece and Turkey

2019 ◽  
Vol 48 (1) ◽  
pp. 144-157
Author(s):  
Anastasia Filippidou
Keyword(s):  
Conflict Resolution ◽  
Nation Building ◽  
Interdisciplinary Approach ◽  
Top Down ◽  
Short Term ◽  
Population Exchange ◽  
Nation States ◽  
Conflict Termination ◽  
The Impact

AbstractBorders and boundaries can represent old narratives, which often, however, cannot deal with new realities. Borders are inflexible, but reality is flexible and fluid. This is augmented in crisis situations. Multi-ethnicity and history run in parallel, as shared cultures often precede and transcend Westphalia and institutionally imposed borders. For cultures with roots in antiquity, top-down established borders appear to lack legitimacy, as these cultures place more emphasis on historical similarities and traditions of peoples. Thus, what is more important: cultural and historical commonalities or institutional top-down constructions? This article examines the impact of the prioritization of top-down ethno-religious homogeneity over lasting conflict resolution. Through an interdisciplinary approach, the article draws a number of hypotheses from the fields of conflict resolution, territoriality, and nation building and tests these hypotheses on the specific case of the 1923 Compulsory Population Exchange (CPE) between Greece and Turkey and the dual role of the Mediterranean as a security bridge or barrier. This article highlights a “how-not-to” scenario in conflict resolution and argues that efforts to form apparent homogeneous nation-states led to short-term, incomplete conflict termination with a lasting impact, while conflict resolution remained elusive.

scholarly journals The Systems Approach as Theory for Multinational Industrial Relations in Developing Countries

2005 ◽  
Vol 44 (3) ◽  
pp. 615-634 ◽  
Author(s):  
Sola Fajana
Keyword(s):  
Developing Countries ◽  
Systems Approach ◽  
Industrial Relations ◽  
Multinational Companies ◽  
Nation States ◽  
The Impact

This paper raises issues which show that the impact of the multinational companies in the industrial relations Systems of developing countries are much too profound that the Systems approach may not be suitable for explaining, predicting, and formulating policies in industrial relations in these countries in particular and beyond the level of nation states in general.

An Empirical Study of the Impact of Intellectual Capital on Business Performance

2011 ◽  
Vol 10 (01) ◽  
pp. 11-21 ◽  
Author(s):  
Samuel Kai Wah Chu ◽  
Kin Hang Chan ◽  
Ka Yin Yu ◽  
Hing Tai Ng ◽  
Wai Kwan Wong
Keyword(s):  
Hong Kong ◽  
Empirical Study ◽  
Intellectual Capital ◽  
Business Performance ◽  
Value Added ◽  
Business Success ◽  
Financial Indicators ◽  
Structural Capital ◽  
Capital Efficiency ◽  
The Impact

This empirical study examines the intellectual capital (IC) performance of Hong Kong companies and its association with business performance. Data were collected from constituent companies of the Hang Seng Index listed on the Hong Kong Stock Exchange (2005–2008). An IC measurement, Value Added Intellectual Coefficient (VAICTM), was utilised to evaluate the IC investment of the companies. Four accounting ratios: market-to-book value (MB), return on assets (ROA), asset turnover (ATO) and return on equity (ROE) were used as the indicators of business performance. Regression analyses were conducted to test the ability of IC and its components in order to explain the variance in business performance measures. No conclusive evidence was found to support the associations between VAICTM as an aggregate measure and the four financial indicators. However, components of VAICTM were found to predict a substantial variance in business performance. Capital Employed Efficiency (CEE) was found to be a key factor in predicting business financial performance. Structural Capital Efficiency (SCE) was found to have a significant effect on businesses' market valuation, as measured by MB, and on profitability, as measured by ROE. Negative correlations were found between Human Capital Efficiency (HCE) and the financial indicators. The findings indicate a gap between the traditional accounting perspective and the value creation perspective, which is central to the VAICTM methodology in measuring IC. It is believed that the findings of this research provide insights for business stakeholders of Hong Kong companies in utilising IC, particularly the noted impact of structural capital. While our findings indicate the importance of IC for corporations, as shown by the significant effect of SCE on ROE, physical and financial assets may still be considered as the key resources in delivering business success.

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