scholarly journals Financial controlling in non-profit organizations. The case of Slovak Republic

2013 ◽  
Vol 3 (2) ◽  
pp. 49-57 ◽  
Author(s):  
Gabriela Vaceková
Keyword(s):  
Financial Stability ◽  
Slovak Republic ◽  
Research Work ◽  
Primary Data ◽  
Financial Policy ◽  
Non Profit ◽  
Non Profit Organizations ◽  
Information Basis ◽  
Insight Into ◽  
Structured Questionnaire

The aim of financial controlling is to secure liquidity and financial stability of an organization. It is very important especially for NPOs. They are not founded primarily for the purpose of making profit, so their financial policy gives priority to continuously provide liquidity. The paper presents partial results of a pilot primary research of utilization of financial controlling tools in governmental and nongovernmental non-profit organizations in the conditions of Slovak Republic. Primary data were obtained by the sociological method of a structured questionnaire. The analysis was carried out by adequate mathematical and statistical methods for processing qualitative data and ordinal variables. The presented paper provides a new insight into the studied problem while generating a primary information basis for further scientific study and research work in this field.

CURRENT STATE OF SELF-FINANCING OF PRIVATE NON-PROFIT ORGANIZATIONS IN THE CONDITIONS OF THE SLOVAK REPUBLIC

2012 ◽  
Vol 18 (3) ◽  
pp. 438-451 ◽  
Author(s):  
Mária Svidroňová ◽  
Gabriela Vaceková
Keyword(s):  
Financial Stability ◽  
Slovak Republic ◽  
Scientific Paper ◽  
Theory And Practice ◽  
Financial Resources ◽  
Primary Data ◽  
Non Profit ◽  
Current State ◽  
Scientific Goal ◽  
Non Profit Organizations

Ensuring the financial stability of non-profit organizations through financial decision in the structure of financial resources is influenced by many objective and subjective factors. However, a necessary presumption of financial stability is to reduce their dependence on one source of funding or in other words, the independence can be achieved by diversifying of the funding sources. And it is the diversification of financial sources and their acquisition through self-financing that we consider as an appropriate way to achieve financial balance and thus long-term existential security of non-profit organizations. This scientific paper presents the partial results of a research of the current state of self-financing and diversification of financial resources of private non-profit organizations in the Slovak Republic. We analysed the primary data by the relevant scientific methods and procedures (selected mathematical-statistical methods, analysed in SPSS – Statistical Package for the Social Sciences). With the analysis we acquired a knowledge which allows us to formulate several solutions and recommendations for theory and practice. By presenting these conclusions we fulfil a scientific goal of the paper, which is to present partial results of research of current state of funding of private non-profit organizations and interpret the obtained outputs in an economic and social context.

scholarly journals Prediction Model as Sustainability Tool for Assessing Financial Status of Non-Profit Organizations in the Slovak Republic

2021 ◽  
Vol 13 (17) ◽  
pp. 9721
Author(s):  
Jaroslav Mazanec ◽  
Viera Bartosova
Keyword(s):  
Prediction Model ◽  
Financial Stability ◽  
Slovak Republic ◽  
Training Sample ◽  
Non Profit ◽  
Financial Status ◽  
Testing Sample ◽  
For Profit ◽  
Non Profit Organizations ◽  
Corporate Social

Non-profit organizations (NPOs) play an important role in society. Nowadays, many companies apply the phenomenon—corporate social responsibility (CSR) which supports sustainable development and cooperation between the for-profit and non-profit sector. These companies are careful to cooperate with organizations and make decisions based on many factors, such as financial stability and independence of non-profit organizations. These attributes are assessed by predictive models. The models are a common tool in the for-profit sector compared to the non-profit sector. In our case, the main aim of the research is to propose a prediction model to estimate financial status of Slovak non-profit organizations using discriminant analysis. The overall sample consists of 351 NPOs dividing into training and testing sub-samples. We find that model classifies correctly almost 91% of NPOs in the training sample, respectively less than 80% in the testing sample. However, the results show that all vulnerable NPOs are correctly classified based on the testing sample.

scholarly journals SILK PRODUCTS AND MARKETING STRATEGY OF A WEAVING INDUSTRY IN ASSAM

2020 ◽  
Vol 8 (2) ◽  
pp. 91-101
Author(s):  
PARMITA KHAKHLARI
Keyword(s):  
Research Work ◽  
Secondary Data ◽  
Global Market ◽  
Primary Data ◽  
Small Scale ◽  
Exploratory Research ◽  
Interview Schedule ◽  
Policies And Programs ◽  
Small Scale Industries ◽  
Insight Into

Purpose of the study: The present paper attempts to trace the development of the weaving industry in Sualkuchi in the Kamrup district of Assam and tries to understand the organizational structure of the Sualkuchi weaving Industry. The paper also tries to identify the avenues of silk products and their marketing. Methodology: In the present research work, an exploratory research design has been adopted. For the primary data, the respondents were selected using purposive sampling and were administered with an interview schedule. Secondary data are collected from Government reports, books, journals and so on. Main Findings: The products produced are mainly used for commercial purposes only. As the handloom industry of Sualkuchi is not thoroughly organized and marketing agencies are diverse, the majority of the weavers rely on middlemen to sell their finished products. A sense of professionalism among the weavers and artisans, creation of facilities for easy and quick marketing of hand-woven products is necessary. The unusual sudden price rise in yarn brings untold misery to the industry in the area as production is against advance orders at a predetermined price. There is a need to innovate designs to capture the global market. Applications: This research work can be used by students, academicians, policymakers and also government agencies for the upliftment and development of small scale industries. Novelty/Originality: The study provides new insight into the problem which might help in formulating policies and programs for the development of this industry, which is technically not always possible. Sociological insights must be made to the existing program for development.

scholarly journals Comparison of Selected Subjects of the Non-profit Sector in the Conditions of the Slovak Republic

2021 ◽  
Vol 91 ◽  
pp. 01023
Author(s):  
Zuzana Rosnerova ◽  
Dagmar Hraskova
Keyword(s):  
Financial Performance ◽  
National Economy ◽  
Slovak Republic ◽  
Living Standards ◽  
The Other ◽  
General Interest ◽  
Financial Instrument ◽  
Non Profit ◽  
Services Of General Interest ◽  
Non Profit Organizations

Non-profit organizations are a specific type of entities in the national economy that significantly helps to improve the living standards of the country’s population. The article focuses on the financial performance of entities in the non-profit sector of the Slovak Republic depending on the financial instrument of tax allocation, taking into account the time factor during which the entities operate in the non-profit sector. The aim of the article is to analyse the financial performance of non-profit organizations providing services of general interest and foundations with the subsequent specification of the results of the issue. We work with the hypothesis that in terms of financial performance, foundations will perform better compared to non-profit organizations. Segmentation, comparison and descriptive methods were used in the solved issue. Only in one of the analysed groups did we come to the result that the non-profit organization was able to obtain more funds than the foundation through the tax allocation tool in 2019. In the case of the other groups analysed, foundations were more financially efficient, whose performance significantly exceeded that of non-profit organizations. In terms of market life, based on the analysis, the most efficient organizations were organizations with a market life of 1-5 years and with a longer market life, their financial performance decreased. In the case of foundations, we found that the highest performance is achieved by foundations with a market existence of 15 - 20 years. We can therefore state that the established hypothesis was only partially confirmed, although in most cases foundations were more financially efficient.

scholarly journals Specifics in strategic management of non-profit organizations in the globalization process

2021 ◽  
Vol 92 ◽  
pp. 02027
Author(s):  
Eva Kicová ◽  
Oľga Poniščiaková
Keyword(s):  
Slovak Republic ◽  
Relevant Literature ◽  
Value Added ◽  
The European Union ◽  
Non Profit ◽  
The Public ◽  
Freedom Of Movement ◽  
The Creation ◽  
Non Profit Organizations ◽  
European Standards

Research background: If globalization presents really a new and not reversible process that creates a more homogenous world, strategies of enterprises should appropriate to this phenomenon, too. European legislation has significantly contributed to the creation of the mutual market and increasing freedom of movement of services within the European Union. Its basic principle can be applied to the harmonization of basic requirements for services and the subsequent normalization – the creation of common European standards. This also applies to the area of non-profit organizations. These organizations are an important part of the public sector, which in the form of various activities, in particular the providing of various services, performs tasks related to addressing manifestations of market imbalances. In contrast to the “traditional” business sector (profit sector), the task of the non-profit sector is not to generate profit but to provide consumer tasks. Purpose of the article: The objective of the article is to clarify and present the specifics of functioning and management of non-profit organizations in the conditions of the Slovak Republic. Methods: During the elaboration of the paper, the methods of compilation of analysis, synthesis and description were used on the basis of the search of the relevant literature. Part of the paper is a survey, which we conducted through a questionnaire on a selected sample of non-profit organizations in the Slovak Republic. Findings & Value added: The results of the survey we have transported into general practice recommendations for non-profit organizations to improve their operating in the conditions of Slovakia while accepting the process of globalization.

scholarly journals Export competitiveness analysis of Pakistan garments industry based on GEM Model

2018 ◽  
Vol 69 (03) ◽  
pp. 219-229
Author(s):  
SAFEER ASIF ALI ◽  
ABRAR MUHAMMAD ◽  
BAIG SAJJAD AHMAD ◽  
BASIT ABDUL ◽  
ZIA-UR-REHAMAN MUHAMMAD ◽  
...  
Keyword(s):  
Research Work ◽  
Garment Industry ◽  
Primary Data ◽  
Future Research ◽  
Competitive Advantages ◽  
Analytic Hierarchy ◽  
Survey Technique ◽  
Export Competitiveness ◽  
Hierarchy Process ◽  
Structured Questionnaire

The main purpose of this research study is to investigate export competitiveness of Pakistani garment industry in the global markets by applying the GEM Model. GEM model is vastly applied in many industries to analyse the export competitiveness of the particular cluster. Survey technique applies to primary data collection through a structured questionnaire. Pakistani garments industry export competitiveness based on GEM Model is analysed by using the analytic hierarchy process (AHP) technique. After thorough analysis, overall calculated GEM score is 382 for Pakistani garment industry. GEM score 382 means that Pakistani garment industry is above the national average level and possess country wide competitive advantages. The future research scope is that there can be studied the associations between one or many other factors to check the competitiveness level of Pakistani garment industry. This research work has very important practical implications for all stakeholders to evaluate the export competitiveness level of the garment industry. By applying the GEM model, the organization can evaluate its strengths and weaknesses, so that organizations can cope with the international competition accordingly which is supportive to make decisions for their businesses.

Factors Affecting Workers Rating of Sewing Operators

2018 ◽  
Vol 8 (3) ◽  
Author(s):  
Sharmin Akter ◽  
Tahsin Sharmila Raisa
Keyword(s):  
Financial Incentives ◽  
Research Work ◽  
Working Environment ◽  
Primary Data ◽  
Leadership Practice ◽  
Factors Affecting ◽  
Machine Maintenance ◽  
Alternative Hypotheses ◽  
Independent Variable ◽  
Structured Questionnaire

The aim of this study is to research how different factors affect workers rating of sewing operators. In the study, the effects of age, gender, working experience, working environment, financial incentives, salary, leadership practice, training facilities, machine condition, working methods, education and working hour on workers rating are researched. It is posited that different factors have different effects on performance. Random sampling method was used to select 43 garments factory and research work continued to assemble primary data through a structured questionnaire among selected factories. Correlation is used to test null and alternative hypotheses and we used the data for presenting graphical pictures, tables and explanatory form. From the analysis we found that machine maintenance has highest weak negative relation with workers rating and the independent variable, education has lowest weak positive relation with workers rating.

Every Task its Tool, Every Tool its Task: Social Media Use in Canadian Non-Profit Organizations

2016 ◽  
Author(s):  
Dinesh Rathi ◽  
Lisa Given ◽  
Eric Forcier ◽  
Sarah Vela
Keyword(s):  
Social Media ◽  
Knowledge Management ◽  
Online Survey ◽  
Non Profit ◽  
Médias Sociaux ◽  
Social Media Platforms ◽  
Non Profit Organizations ◽  
Use Of Social Media ◽  
Medias Sociaux ◽  
Insight Into

This paper presents emerging results of a national online survey of Canadian Non-Profit Organizations (NPOs) on their perception and use of social media, and their role for the purpose of Knowledge Management (KM). Based on results from the first 320 respondents spanning across local and provincial boundaries, these findings provide insight into what social media platforms are preferred by these organizations, what tasks they are used for and the tasks for which these tools are considered most effective.Cet article présente les résultats d’une enquête nationale effectuée en ligne auprès des organismes canadiens sans but lucratif (OSBL), les interrogeant sur leur compréhension et leur utilisation des médias sociaux, et le rôle de ceux-ci dans la gestion des connaissances. Sur la base des données obtenues auprès des 320 premiers répondants, se situant par-delà les frontières locales et provinciales, ces résultats permettent de comprendre quelles sont les plates-formes de médias sociaux préférées par ces OSBL, pour quelles tâches elles sont utilisées et pour quelles tâches ces outils sont considérés comme les plus efficaces.

scholarly journals Non-profit organizations in the conditions of Slovakia

2020 ◽  
Vol 74 ◽  
pp. 05020
Author(s):  
Filip Rebetak ◽  
Viera Bartosova
Keyword(s):  
Slovak Republic ◽  
Theoretical Background ◽  
Social Value ◽  
Non Profit ◽  
International Dimension ◽  
Developed Economies ◽  
Human Needs ◽  
Relevant Role ◽  
Non Profit Organizations ◽  
The Government

Non-profit organisations play an important role in the life of a society by providing generally beneficial services. The purpose of these organizations is to provide services in domains where they are not provided by the government, nor by the market. Their goal is to make the society a better place for everyone. In other words, non-profit organizations play a relevant role in society by attempting to satisfy human needs in different way or as a complement to lucrative firms and governmental activity. A non-profit organization may be defined as an entity that is concerned with its activities about the realization of social value adding mission. Globalisation is also playing a part in the growing importance of non-profits around the world as the non-profit sector spreads to the less developed economies and also grows in the international dimension via international non-profits and non-profit alliances. This article aims to establish a basic overview of Slovak non-profit organisations after dealing with the theoretical background for non-profit organizations in general. It deals with the definitions for non-profit organisations in Slovakia, the possibilities of financing of non-profits in Slovakia and basic rules and conditions for the accounting of non-profit organisations based in the Slovak republic.

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