scholarly journals Innovative Activities as A Source of Competitiveness of Small and Medium Enterprises in the Slovak Republic

2020 ◽  
Author(s):  
Zdenka Vidrova ◽  
Pavel Ceniga
Keyword(s):  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Medium Enterprises

scholarly journals COLLATERAL REQUIREMENTS FOR SME LOANS: EMPIRICAL EVIDENCE FROM THE VISEGRAD COUNTRIES

2017 ◽  
Vol 18 (4) ◽  
pp. 650-675 ◽  
Author(s):  
Ashiqur RAHMAN ◽  
Jaroslav BELAS ◽  
Tomas KLIESTIK ◽  
Ladislav TYLL
Keyword(s):  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Binary Logistic Regression ◽  
Business Environment ◽  
Binary Logistic Regression Model ◽  
Data Set ◽  
Policy Makers ◽  
Medium Enterprises ◽  
Bank Concentration ◽  
Visegrád Countries

The purpose of this paper is to examine the determinants of collateral for small and medium enterprises (smes) in the context of Visegrad countries: Czech Republic, Slovak Republic, Hungary and Poland. The data set for this paper was obtained from the Business Environment and Enterprise Performance Survey (BEEPS), which was conducted by the World Bank and the European Bank for Reconstruction and Development (EBRD) from 2012–2014. A binary logistic regression model with different specifications was employed to examine the effect of independent variables on the incidence of collateral. The results show that risky borrowers need to pledge collateral and the reduction of asymmetric information can lower the incidence of collateral for smes. Moreover, we find that female borrowers are more likely to pledge collateral than male borrowers are. The results also suggest that loans with a longer maturity are more likely to be collateralized than short-term loans. We find evidence that bank-borrower proximity can alleviate the incidence of collateral whereas bank concentration may increase collateral requirements. Policy makers may consider these results to implement policies that can promote bank competition and can lower collateral requirements for female borrowers. The paper contributes to the ongoing debate on the determinants of collateral.

scholarly journals Networking of Small and Medium Enterprises into Clusters in the Slovak Republic

2017 ◽  
Vol 192 ◽  
pp. 370-375 ◽  
Author(s):  
Denisa Janasová ◽  
Veronika Bobáňová ◽  
Stanislava Strelcová
Keyword(s):  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Medium Enterprises

scholarly journals Using of CBA Method for Evaluation of the Investments in the Link with Social Responsible Business

2012 ◽  
Vol 20 (Special-Number) ◽  
pp. 102-107
Author(s):  
Ľubica Mrvová ◽  
Jaromíra Vaňová
Keyword(s):  
Environmental Management ◽  
Economic Efficiency ◽  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Efficiency Assessment ◽  
Medium Enterprises

Abstract The paper presents knowledge from the area of economic efficiency assessment of the environmental investments, in the link with environmental management with context of social responsible business and their mutual connection, on the base of CBA method. CBA method creates basis for the software CBA1.1, which was created for the needs of business practise for the small and medium enterprises in the Slovak Republic.

Electronic Cash Registers as a Part of the Fight against Tax Evasion

2014 ◽  
Vol 708 ◽  
pp. 222-227
Author(s):  
Anna Bánociová ◽  
Ľudmila Pavliková
Keyword(s):  
Tax Evasion ◽  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Tax Avoidance ◽  
Economic Aspects ◽  
Electronic Cash ◽  
Close Attention ◽  
Technical Aspects ◽  
Additional Costs ◽  
Medium Enterprises

The usage of electronic cash registers in the conditions of the Slovak Republic does not have a long, but definitely interesting history, which is very often related to changes and amendments in its legislative and technical-economic aspects. Small and medium enterprises need to pay a close attention to the area of electronic cash registers, as often changes and amendments of legislation and technical aspects cause them problems and additional costs. The usage of electronic cash registers is one of the measures of the Slovak government to prevent tax avoidance and tax evasion.

scholarly journals RISK ASSESSMENT IN SMALL AND MEDIUM ENTERPRISES IN THE SLOVAK REPUBLIC

2018 ◽  
Vol 6 ◽  
pp. 210-215
Author(s):  
Denisa Janasová ◽  
Stanislava Strelcová
Keyword(s):  
Risk Assessment ◽  
Risk Evaluation ◽  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Epistemic Uncertainty ◽  
Professional Community ◽  
Exact Methods ◽  
Long Time ◽  
Questionnaire Research ◽  
Medium Enterprises

The analysis and evaluation of risks are a decisive part of risk assessment in the risk management framework. Based on the results of the analysis and risk evaluation we can classify the risks as acceptable and unacceptable ones and subsequently manage them. The small and medium enterprises pay the analysis and risk evaluation the lowest attention. In our opinion this is linked with failing to utilise exact methods which seem to be complicated for their practical utilisation. They are not used especially for analysing and evaluating the risks which have their basis in epistemic uncertainty. The professional community has been discussing epistemic uncertainty for a long time. This assumption is valid mainly in the SMEs which have no competent person on the one hand and a shortage of information concerning the area assessed on the other hand. The main goal of this article is to assess the current state of implementing the process of analysing and evaluating the risk in the SMEs and to define the main problems from a questionnaire research carried out in 2017 in which 485 SMEs working in Slovakia took part. On the base of the conducted research, we can state that in spite of the fact that only high-quality risk assessment leads the companies to take suitable measures for risk reduction, the companies pay unadequate attention to the analysis and risk evaluation.

Small and Medium Enterprises in the Slovak Republic

2017 ◽  
pp. 102-124
Author(s):  
Peter Malega
Keyword(s):  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Job Creation ◽  
Developed Countries ◽  
Business Environment ◽  
Main Section ◽  
Foreign Markets ◽  
Entry Strategies ◽  
Entry Strategy ◽  
Medium Enterprises

The main goal of this chapter will be the clarification of SME´s in Slovak republic as the main creator of value in the Slovak republic, which is one of the semi-developed countries in EU. In the Slovak Republic have small and medium enterprises irreplaceable role particularly in job creation and regional development. This chapter has three main sections, which are interlinked. First main section is about the current conditions of SMEs in Slovakia, where are explained in detail business environment in Slovakia and also support for SMEs. Second main section deals with SMEs and international cooperation, where are described business risk, internationalisation of SMEs in EU markets and analysis of SMEs possibilities. Third main section is about entry strategy into foreign markets and competitiveness of SMEs and in this section you can find entry strategies of enterprise on foreign markets and competitiveness of Slovakia and Slovak SMEs.

Small and Medium Enterprises in the Slovak Republic

2020 ◽  
pp. 744-766
Author(s):  
Peter Malega
Keyword(s):  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Job Creation ◽  
Developed Countries ◽  
Business Environment ◽  
Main Section ◽  
Foreign Markets ◽  
Entry Strategies ◽  
Entry Strategy ◽  
Medium Enterprises

The main goal of this chapter will be the clarification of SME´s in Slovak republic as the main creator of value in the Slovak republic, which is one of the semi-developed countries in EU. In the Slovak Republic have small and medium enterprises irreplaceable role particularly in job creation and regional development. This chapter has three main sections, which are interlinked. First main section is about the current conditions of SMEs in Slovakia, where are explained in detail business environment in Slovakia and also support for SMEs. Second main section deals with SMEs and international cooperation, where are described business risk, internationalisation of SMEs in EU markets and analysis of SMEs possibilities. Third main section is about entry strategy into foreign markets and competitiveness of SMEs and in this section you can find entry strategies of enterprise on foreign markets and competitiveness of Slovakia and Slovak SMEs.

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