scholarly journals Supporting Producer Groups – Increasing Producer’s Value Aded?

2018 ◽  
Vol 49 (2) ◽  
pp. 142-152 ◽  
Author(s):  
P. Kotyza ◽  
K. Tomsik ◽  
K. Elisova ◽  
A. Hornowski
Keyword(s):  
Czech Republic ◽  
Agricultural Sector ◽  
Slovak Republic ◽  
Value Added ◽  
The Czech Republic ◽  
Relative Ease ◽  
Programming Period

Abstract Cooperation between entities can be the basis for improved competitiveness. The Czech Republic and the Slovak Republic were able to draw on EU funds to support the formation of producer groups. Main objective was to investigate whether the funds have led to an increase of value added of products placed on the market. In the Czech Republic and the Slovak Republic during the reporting period the sum of 44 million EUR was provided to support the establishment of marketing organizations, 305 producer groups were supported. Many of the supported entities are no longer active. In the Czech Republic, only 15 entities are still operating, but they do not have a significant impact on the increase of value added of the agricultural sector. In the Slovak Republic, entities supported in the first programming period (2004–2006) have a higher share of the generated value added. During the second funding period (2007–2013), the supported groups showed a negative value added. Given the characteristics of supported groups, the number of successfully supported groups, the reported features and the total value of generated value added, it can be suggested that most of the entities were established due to the relative ease of fundraising.

scholarly journals Reflection of the Change in VAT Rates on Selected Household Expenditures in the Czech Republic and the Slovak Republic (2007–2013)

2014 ◽  
Vol 62 (6) ◽  
pp. 1465-1474 ◽  
Author(s):  
Jan Široký ◽  
Regína Střílková ◽  
Anna Bánociová ◽  
Veronika Zlaczká
Keyword(s):  
Czech Republic ◽  
Slovak Republic ◽  
Value Added ◽  
Synthetic Methods ◽  
The European Union ◽  
Household Expenditures ◽  
The Czech Republic ◽  
Typical Representative ◽  
Household Spending ◽  
Reduced Rate

Member States of the European Union in the period of years 2007–2013 increased the rate of value added tax several times in an attempt to consolidate public budgets. While the Czech Republic is a typical representative of country changing VAT rates several times, Slovakia made practically only one change in the VAT rate. On the other hand, the Slovak Republic is a country where the reduced rate is applied only to the minimum of commodities. Changes in VAT are naturally reflected in household expenditures which are analyzed by the consumer basket, whose composition is also a subject of changes. Another factor that has an impact on household spending is swapping commodities between the rates of VAT.The aim of this paper is, based on the analytic-synthetic methods, to determine how are these changes differently manifested in the Czech Republic and the Slovak Republic in reference to the share of commodity consumption included in the standard and reduced VAT rates and to the exempt transactions, and, in particular, to determine how they affected the VAT burden of the hypothetical household in both countries.

scholarly journals Effect of the domestic sectoral policies harmonisation in CECs with the EU Common Agricultural Policy

2012 ◽  
Vol 49 (No. 3) ◽  
pp. 113-119
Author(s):  
V. Vojtěch
Keyword(s):  
Czech Republic ◽  
Quantitative Analysis ◽  
Agricultural Policy ◽  
Common Agricultural Policy ◽  
Agricultural Sector ◽  
Slovak Republic ◽  
The Czech Republic ◽  
Central European ◽  
The Common ◽  
The Eu

This paper discusses the potential effects of the EU Common Agricultural Policy (CAP) on the various branches of the agricultural sector in the four OECD member Central European Countries (CECs), i.e. the Czech Republic, Hungary, Poland and the Slovak Republic. The estimation of the effect of the domestic sectoral policies harmonisation with the Common Agricultural Policy (CAP) and its impact on the farming sector, consumers of agricultural commodities and taxpayers, is based on the data from the OECD quantitative analysis of support to agriculture.

scholarly journals Comparative Analysis of Financing for Small and Medium-Sized Enterprises in the Visegrad Group

2021 ◽  
Vol 92 ◽  
pp. 06041
Author(s):  
Veronika Vrablova
Keyword(s):  
Czech Republic ◽  
Comparative Analysis ◽  
National Economy ◽  
Slovak Republic ◽  
Value Added ◽  
Bank Loans ◽  
Access To Finance ◽  
The Czech Republic ◽  
The World ◽  
Visegrad Group

Research background: Small and medium-sized enterprises form the backbone of any national economy. Therefore, sources of financing are important for the enterprise´s growth around the world. Finance for enterprises can be divided into classic and alternative. Recently, alternative ways of financing experienced a boom, especially venture capital, business angels, and crowdfunding. Although this type of funding is well known around the world, there are difficulties in using alternative financing among the Visegrad group. Moreover, there are lots of other factors curbing the expansion of enterprises. Purpose of the article: The purpose of this paper is to identify and compare sources of financing for small and medium-sized enterprises among the Visegrad group with focus on alternative financing. Visegrad group consists of the Slovak Republic, the Czech Republic, the Hungary, and the Poland. This paper presents an overview of available financing for small and medium-sized enterprises among the Visegrad group. Methods: For analysis, we used data from the the Survey on the access to finance for enterprises in 2019. Moreover, we also did hypothesis testing to compare the usage of financing through bank overdraft in the year 2019. Findings & Value added: We have reached several conclusions. Firstly, this paper suggests that classic sources of financing are used more than alternative ways, from which the bank loans and leasing are used the most. Secondly, the best condition of financing among countries of the Visegrad group is in Poland, but also other countries have huge potential. And finally, financing of enterprises is not the main issue causing difficulties in making business.

scholarly journals Evaluation of economic potential of business environment development by comparing sector differences: perspective of SMEs in the Czech Republic and Slovakia

2020 ◽  
Vol 11 (1) ◽  
pp. 135-159 ◽  
Author(s):  
Jaroslav Belas ◽  
Beata Gavurova ◽  
Martin Cepel ◽  
Matus Kubak
Keyword(s):  
Czech Republic ◽  
Slovak Republic ◽  
Value Added ◽  
Business Environment ◽  
Transport Sector ◽  
Categorical Variables ◽  
The Czech Republic ◽  
Doing Business ◽  
Business Conditions ◽  
The Given

Research background: Improving business conditions and SME development are signs of a country’s macroeconomic stability. The issue of identifying and removing barriers to the development of firms in the SME segment is a priority in all countries with developed economies and its importance is currently increasing. Purpose of the article: The main aim of this paper is to explore possible differences in entrepreneurs’ perception of the business environment based on the industry in which the company operates. The analysis contains also a national view, where a comparison between the Czech Republic and the Slovak Republic is performed. Methods: Correspondence analysis was used to achieve the research objectives in order to examine the relations between the categorical variables. Its application is beneficial in cases where the graphic output is clearer than the numerical one. Findings & Value added: The presented research makes it possible to identify problematic aspects of doing business in each sector and to create support mechanisms for the creation of effective structural policies. Entrepreneurs from the Czech Republic’s Production and Transport sectors agree with the statement that the business environment in the country is suitable for starting a business. As for business environment’s suitability for doing business, neither Slovak nor Czech entrepreneurs sector-wide agreed with the given statement. Czech entrepreneurs from the Services, Trade and Construction sectors, respectively, agree, fully agree with the statement that the business environment in the country is reasonably risky and allows for doing business. In the case of entrepreneurs from Slovakia, no significant correspondence is observed. Findings regarding the statement that the business conditions in the country have improved over the past five years are the following: In the Czech Republic, there is a perfect correspondence of the Transport sector and the agreement with the given statement. In the Slovak Republic, agreement was found with the given statement in the Transport sector and neutral position in the Production sector.

scholarly journals Green logistics tools applied in selected companies in the Czech Republic: a survey

2021 ◽  
Vol 129 ◽  
pp. 09004
Author(s):  
Jan Chocholáč ◽  
Šárka Vančurová ◽  
Michal Míka
Keyword(s):  
Czech Republic ◽  
Slovak Republic ◽  
Value Added ◽  
Business Practice ◽  
Point Of View ◽  
Computer Assisted ◽  
Green Logistics ◽  
The Czech Republic ◽  
Current Topic ◽  
New Challenges

Research background: The issue of green logistics is a very current topic not only from a scientific point of view but also from the point of view of business practice. The pressure to reduce negative environmental, social and economic impacts presents new challenges and pressures for companies, which will become more important in the coming years. This manuscript deals with green logistics tools applied in selected companies in the Czech Republic. The manuscript strictly focuses on the view of companies on green logistics and its tools, as well as on barriers and drivers for the implementation of green logistics. The aim of the article is to identify the attitude of selected companies in the Czech Republic to green logistics, to analyse barriers and drivers in the implementation of green logistics and to analyse the applied activities of green logistics and the reasons for their application. Purpose of the article: The main aim of the article is to identify the attitude of selected companies in the Czech Republic to green logistics and green logistics tools, to analyse barriers and drivers in the implementation of green logistics and to analyse the applied activities of green logistics and the reasons for their application. Finally, the results of this research are compared and discussed with the results of a study conducted in the Slovak Republic. Methods: To conduct the research, we have used computer-assisted web interviewing with selected Czech companies’ representatives. Findings & Value added: The results show that green logistics is very popular for companies. At the same time, barriers (most often financial) were identified, but also drivers and reasons for the implementation of green logistics tools. Comparing the results with the research conducted in the Slovak Republic, it can be stated that the results of both surveys were very similar, i.e. the location of the company in the Czech Republic or Slovakia does not affect the view of green logistics and its tools.

scholarly journals Specifics of Cryptocurrencies from an Accounting, Tax and Financial View in a Globalized Environment

2021 ◽  
Vol 92 ◽  
pp. 03014
Author(s):  
Ivana Kucharova ◽  
Daniela Pfeiferova ◽  
Enikő Lőrinczova
Keyword(s):  
Czech Republic ◽  
Income Tax ◽  
Slovak Republic ◽  
Value Added ◽  
Legal Framework ◽  
Tax Base ◽  
Virtual Currency ◽  
The Czech Republic ◽  
Digital Asset ◽  
Financial Transactions

Research background: With the advancing entrance of digital technologies into all areas of private and business life in the past 10 years a new digital asset referred to as virtual currency or cryptocurrency had been invented. This virtual currency is not yet regulated in most countries and there is a need to establish a legal framework for accounting, taxation and recording of financial transactions so the treatment of transactions with these digital assets is the same across the globalized environment, as different approaches may affect the decision-making of the management and investors or can alter the tax base for income tax purposes. Purpose of the article: The aim of this paper is to compare and discuss the different possible approaches of recording and reporting of the virtual currencies for accounting and tax purposes and to compare the approaches among the Czech Republic, the Slovak Republic and Germany to point out the need for a harmonized solution in a global environment, as dealing with cryptocurrencies is not included in the accounting and tax legal framework in many other countries. Methods: Methods of description, analysis, comparison and synthesis are used to achieve the set aim of the paper. Different approaches to the topic are demonstrated and compared in illustrative Tables. Findings & Value added: The paper highlights the need for a uniform approach for the accounting and tax treatment of virtual currency by comparing the level of legal definitions and different approaches. The most elaborate legal implementation of this topic is in the Slovak Republic where the treatment of virtual currencies is included in the Accounting Act and the Income Tax Act. The Czech Republic approaches cryptocurrencies only on the basis of recommendations from the Ministry of Finance, which is not legally binding to obey. Germany has included cryptocurrencies in the Banking Act, the accounting definition is missing and the tax solution is in the Income Tax Act.

scholarly journals Development and Trends of Depreciation Policy in Slovak Republic

2021 ◽  
Vol 92 ◽  
pp. 02051
Author(s):  
Adela Poliakova
Keyword(s):  
Czech Republic ◽  
Slovak Republic ◽  
Value Added ◽  
Business Environment ◽  
Recent Change ◽  
Recent Period ◽  
The Czech Republic ◽  
Current Trends ◽  
Low Emission ◽  
Free Transport

Research background: Depreciation as such represents a significant component of business costs. It is known that in the current legislation in the Slovak Republic there was no depreciation in the depreciation group with a depreciation period of 2 years. As part of increasing the motivation of the business sector to procure low-emission or emission-free transport, an amendment to the Income Tax Act was adopted with effect from the beginning of 2020, which introduces a new depreciation group 0 and favours the depreciation of electric vehicles. The newly introduced depreciation group zero has a strong ecological subtext. Purpose of the article: The article deals with the development of depreciation policy in the conditions of the Slovak Republic, compares the current situation with the situation in the Czech Republic and on the example of practical calculations of depreciation. The aim of the paper is to compare current trends in depreciation policies in the context of supporting the greening of transport. Methods: We used methods of analysis and comparing. Findings & Value added: Based on an extensive analysis, the article maps the most significant changes in the depreciation policy. Within the historical development of today’s tax depreciation, several trends are manifesting that are favourable for the business environment. The depreciation policy in the Czech Republic has not undergone such extensive changes as in Slovakia, where the most recent change in the recent period is the introduction of a depreciation group with a depreciation period of 2 years.

scholarly journals Analysis of the development of the economic account for agriculture of the Czech Republic

2012 ◽  
Vol 52 (No. 5) ◽  
pp. 205-208
Author(s):  
J. Klíma ◽  
M. Palát Sn
Keyword(s):  
Czech Republic ◽  
Statistical Analysis ◽  
Value Added ◽  
Plant Production ◽  
Reference Period ◽  
The Czech Republic ◽  
Agricultural Industry ◽  
Increasing Trend ◽  
Production Output ◽  
Net Value Added

The paper is focused on assessing the development of the economic account for agriculture of the Czech Republic in the selected reference period 1998–2003. There were evaluated effects of the particular types of the economic accounts. Methods of regression and correlation analysis and development trends were used for the mathematical-statistical analysis. The plant production output similarly as the output of agricultural industry show an increasing tendency since the period under investigation reaching a peak about 2001 and in next years decreasing in difference to the gross value added at basic prices and the net value added at basic prices which shows an increasing trend throughout the period. Both animal output and the agricultural services output show a decreasing trend reaching a minimum about 2002. 

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