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.

scholarly journals Comparison of The Possibilities of Application of Spectrum and Gaming Theories in Modelling Market Economy Negotiations

2021 ◽  
Vol 92 ◽  
pp. 09011
Author(s):  
Kęstutis Peleckis ◽  
Valentina Peleckiene ◽  
Kęstutis Peleckis
Keyword(s):  
Decision Making ◽  
Market Economy ◽  
Value Added ◽  
Theory Approach ◽  
Quantum Cognition ◽  
Negotiation Strategies ◽  
Economic Behaviour ◽  
Analysis And Synthesis ◽  
The Individual ◽  
Classical Economic

Research background: In negotiations, in modelling decision-making at both the individual and market levels, it is important to understand and be able to assess important aspects of economic behaviour. The theory of spectrum is proposed to be applied in modelling decision making. The object of the research is the possibilities of application of spectrum and game theories. Classical economic theory does not define subjective parameters of economic behaviour, therefore, when modelling market negotiation strategies, it is difficult to identify and evaluate appropriate parameters of economic behaviour required for decision-making in market negotiations. The spectrum theory approach can be used to model the economy, both at the individual and market levels, which is especially relevant in international business negotiations, where the modelling of solutions and various operations presents opportunities to assess subjective parameters. Purpose of the article: The aim of the paper is to investigate and compare the application of spectral decay and gambling theories in modelling market economy negotiations. Research methods: Scientific literature analysis, comparative, logical analysis and synthesis, comparative and generalization methods, game theory, quantum cognition methods. Findings & Value added: The article examines the basic principles of behavioural economics: the functions of assessing the psychological value and uncertainty of monetary gain or loss, how both theories take these principles into account: game and spectrum.

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 The discursive nature of citizenship

2009 ◽  
Vol 2 (2) ◽  
pp. 2-9
Author(s):  
Aileen Moreton-Robinson
Keyword(s):  
Economic Development ◽  
Market Economy ◽  
Social Rights ◽  
Bundle Of Rights ◽  
The Individual ◽  
Formal Contract

Citizenship is more than a status associated with a bundle of rights; it is also the formal contract by which the sovereignty of a nation is extended to the individual in exchange for being governed. Who can and who cannot contract into this status and what rights are able to be exercised is also shaped by who possesses the nation. In this article it is argued that citizenship operates discursively to contain Indigenous people’s engagement with the economy through social rights. This containment precludes consideration of Indigenous sovereign rights to our lands and resources, to enable Indigenous economic development within a capitalist market economy.

scholarly journals The Network of Bilateral Tax Treaties of the Slovak Republic – Does It Mirror Challenges of the Globalization through Digitalization? A Cluster Analysis Approach

2021 ◽  
Vol 92 ◽  
pp. 02034
Author(s):  
Jana Kubicová
Keyword(s):  
Cluster Analysis ◽  
Economic Development ◽  
Slovak Republic ◽  
Geographical Location ◽  
Value Added ◽  
Point Of View ◽  
Global Network ◽  
Tax Treaties ◽  
Capital Cities ◽  
Cluster Analysis Method

Research background: Globalisations and movement of production factors - especially capital and workforces, call for elimination of double international juridical taxation and consequently for negotiation of bilateral tax treaties. Recently global network of bilateral tax treaties has reached immense size. Purpose of the article: The purpose of this paper is to analyse the network of bilateral tax treaties of the Slovak republic from the point of view of distance and level of development of the Contracting States. Methods: To reach this goal a cluster analysis method is applied where clustering variables are distance between capital cities of the Contracting States and measures of economic development. Findings & Value added: The main finding is that the Slovak republic’s bilateral tax treaties are clustered into 11 clusters, and three of them are the most numerous. This implies, that Slovak republic follows certain pattern when chosing Contracting Party. It is also found, that geographical location and distance have diminishing roles. Instead economic development and atractiveness of the country in terms of GDP per capita and total FDI inflow play more important role. These findings prove, that Slovakia no more follows old-fashioned pattern of chosing Contracting Parties based predominantly on distances, instead it adjust its policy of concluding bilateral tax treaties to globalization through digitalisation trend.

scholarly journals Population, Poverty and Economic Development Nexus: Empirical Study of Some Selected Developing Countries

2018 ◽  
Vol 6 (4) ◽  
Author(s):  
Muhammad Sibt e Ali ◽  
Syed Muhammad Faraz Raza ◽  
Syed Muhammad Faraz Raza ◽  
Naeem ul Din ◽  
Syed Zain Ul Abidin
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Panel Data ◽  
Developing Economies ◽  
Negative Impact ◽  
Positive Impact ◽  
Value Added ◽  
Fixed Effect Model ◽  
Effect Model ◽  
Positive Effect

The major objective of this research is to examine the connection among poverty, population growth and its impact on economic development of different developing countries. This research comprised of panel data for period of 2002-2015. The data has been taken World Bank Indicator (WDI) for twenty six developing countries. To find out the results we use panel data. For the analysis of data we have applied Hausman and Fixed Effect Model in this study. Findings of the study indicate that the consumption of government, export, gross capital formation and industrial value added have positive impact on growth of developing economies. The results show that the variation in these variables has positive effect on dependent variables. On the other hand, economic growth increases due to positive changes in this variable. It is seen in this study that population and poverty has negative impact on GDP per capita in selected developing countries.

scholarly journals Detection of earnings management by different models

2021 ◽  
Vol 92 ◽  
pp. 02005
Author(s):  
Yuriy Bilan ◽  
Veronika Jurickova
Keyword(s):  
Earnings Management ◽  
Scientific Method ◽  
Value Added ◽  
Financial Statements ◽  
Theoretical Knowledge ◽  
Market Position ◽  
Accounting Systems ◽  
Thin Line ◽  
Calculation Process ◽  
Global World

Research background: Earnings management means the usage of gaps in the legislative frameworks of individual countries and their accounting systems in the global world. Businesses thus adjust profits and revenues to the form that is desirable and desired for them. However, there is a very thin line between fraud and earnings management. By adjusting their financial statements, companies seek to impress potential investors and influence their own market position. Purpose of the article: The main goal of the article is to describe the possibilities and methods of detection of earnings management in companies in aspects of globalization. The article contains a brief overview of theoretical knowledge and definitions about earnings management. The contribution of the article lies in the application of the selected method to a specific company and based on the outputs of the model to determine whether the company is using earnings management. Methods: The scientific method of analysis was used in the article, on the basis of which the obtained information was necessary for further calculations. A calculation based on the Beneish model was used to determine the use of earnings management. Findings & Value added: The output of the article is the application of the Beneish model in the detection of earnings management in a selected company. In the calculation process, pre-established theoretical knowledge on the issue and the numerical characteristics of the selected company were used. Finally, the application of earnings management in the company can be ruled out.

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 Extremely Difficult Paths of Polish Educational Reforms between 1989 and 2014

2015 ◽  
Vol 2 (2) ◽  
Author(s):  
Ryszard Kucha
Keyword(s):  
Economic Development ◽  
Market Economy ◽  
Local Administration ◽  
Educational Expansion ◽  
Educational Strategies ◽  
Socio Economic Development ◽  
Polish Society ◽  
Professional Aspirations ◽  
The Individual

In the 25 years after the events of 1989, a mismatch between the system of education and the system of market economy has become a universal phenomenon in Poland as one of the European countries. There are also signs indicating the educational expansion does not promote the role of the individual in the process of socio-economic development of the society. As a result, the younger generation experiences a great dissatisfaction and frustration generated by their difficulties in fulfilling their educational, social, and professional aspirations and expectations. This paper provides a review and critique of the educational strategies implemented by bureaucratic central and local administration of the last 25 years of Polish society life.

Planification: Potential and role in XXI century market economy

2016 ◽  
pp. 63-80 ◽  
Author(s):  
A. Buzgalin ◽  
A. Kolganov
Keyword(s):  
Economic Development ◽  
20Th Century ◽  
Market Economy ◽  
Critical Analysis ◽  
New Economy ◽  
Real Socialism ◽  
The Subject ◽  
Planning Institutions

The authors, basing on a critical analysis of the experience of planning during the 20th century in a number of countries of Europe and Asia, and also on the lessons from the economics of "real socialism", set out to substantiate their conclusions on the advisability of "reloading" this institution. The aim is to create planning mechanisms, suited to the new economy, that incorporate forecasting, projections, direct and indirect selective regulation and so forth into integral programs of economic development and that set a vector of development for particular limited spheres of what remains on the whole a market economy. New planning institutions presuppose a supersession of the forms of bureaucratic centralism and a reliance on network forms of organization of the subject and process of planning.

SOCIALIZATION AND SOCIAL QUALITY AS INSTRUMENTS OF THE STATE POLICY OF SOCIO-ECONOMIC DEVELOPMENT

2020 ◽  
Vol 2020 (10) ◽  
pp. 3-18
Author(s):  
Valeriy HEYETS ◽  
Keyword(s):  
Economic Development ◽  
Public Administration ◽  
State Policy ◽  
Social Dimension ◽  
The European Union ◽  
Association Agreement ◽  
Social Quality ◽  
The Social ◽  
Socio Economic Development ◽  
The Individual

Self-realization of the individual in the conditions of using the policy of “social quality” as a modern tool of public administration in a transitional society is largely related to overcoming the existing limitations of the individual in acting in such a society and economy transitioning to a market character. Given that, in particular, in Ukraine the market is hybrid (and this is especially important), the existing limitations in self-realization of the individual must be overcome, including, and perhaps primarily, through transformations in the processes of socialization, which differ from European practices and institutions that ensure its implementation. Thus, it is a matter of overcoming not only and not so much the natural selfish interests of the individual, but the existing gap in skills, which are an invisible asset to ensure the endogenous nature of economic growth. It is shown that there is an inverse relationship between the formation of socialization and the policy of “social quality”, which is characterized by the dialectic of interaction between the individual and the group and which is a process of increasing the degree of socialization. The latter, due to interdependence, will serve to increase the effectiveness of interaction between the individual and the group, which expands the possibilities of self-realization of the individual in terms of European policy of “social quality” as a tool of public administration, whose successful application causes new challenges and content of the so-called secondary sociology. The logic of Ukraine's current development shows that new approaches are needed to achieve the social development goals set out in the Association Agreement between Ukraine and the European Union and to minimize the potential risks and threats that accompany current reforms in Ukrainian society. They should introduce new forms of public administration to create policy interrelationships of all dimensions, as proposed, in particular, by the social quality approach to socialization, the nature of which has been revealed in the author's previous publications. As a result, the socio-cultural (social) dimension will fundamentally change, the structure of which must include the transformational processes of socialization of a person, thanks to which they will learn the basics of life in the new social reality and intensify their social and economic interaction on the basis of self-realization, thereby contributing to the success of state policy of social quality and achieving stable socio-economic development.

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