FEATURES OF CONNECTIVITY AMONG FRANCHISING NETWORKS IN HOTEL INDUSTRY

2020 ◽  
Author(s):  
Tania Dabeva ◽  
◽  
Georgina Lukanova ◽  
Keyword(s):  
Intangible Assets ◽  
Hotel Industry ◽  
Main Thesis ◽  
Business Entities ◽  
Systemic Nature ◽  
Complex Relationships

The main thesis supported in this study is that connectivity is embedded in the hotel franchise due to its systemic nature, the number of participating levels, elements and entities, the complex relationships between them, the transfer of tangible and intangible assets, multifaceted communications of formal and informal nature and others. In this regard, the main purpose of the paper is to reveal the nature of connectivity in the hotel franchise and how it affects the functioning and development of the system. The first part of the report examines the peculiarities of the relationships between business entities in the hotel franchise. The next part presents two main concepts for connectivity management in franchising networks in the hotel industry, and at the end some conclusions and recommendations for the development of franchise partner networks are systematized.

CONCEPTUAL FOUNDATIONS OF ENTREPRENEURSHIP LIBERALIZATION IN THE HOTEL BUSINESS OF UKRAINE

2017 ◽  
Vol 6 (2) ◽  
pp. 0-0
Author(s):  
Igor Sazonets ◽  
Natalia Sipailo
Keyword(s):  
Hotel Industry ◽  
Business Activity ◽  
Statistical Observation ◽  
Characteristic Features ◽  
Business Entities ◽  
Conceptual Foundations

The article defines the interpretation of the concepts of "hotel", "hotel industry". The characteristic features of activity of subjects of entrepreneurship of a hotel economy are determined. The principles of liberalization of business activity of hotel enterprises are offered. The work reveals the general issues of the classification of hotel business entities. The results of statistical observation of respondents of hotel enterprises in the Rivne region are described. The forms of liberalization of activity of business entities of hotel business are substantiated.

scholarly journals Investments in Technological and Business Digitalization: Development of Accounting as a Factor of Economic Security for Business Entities in the Context of New Industrialization

2021 ◽  
Vol 93 ◽  
pp. 02030
Author(s):  
Alexey Popov
Keyword(s):  
Intangible Assets ◽  
Accounting Standards ◽  
Economic Security ◽  
Initial Cost ◽  
Intangible Investments ◽  
Standards Development ◽  
Business Entities ◽  
New Industrialization

The article is devoted to the issues of reforming the investment costs accounting for the technological and managerial processes digitalization in the course of new industrialization. It outlines the factors for the accounting development, represents plans for the investment assets federal standards development, and evaluates their implementation. It formulates the key differences in the composition and recognition of costs that form the initial cost of digitalization objects. It features the issues of recognising software as part of intangible assets or expenses of the organization. The author analyses and criticise new norms of the introduced accounting standards that build up information about investment objects in the economic processes digitalization. The article also identifies the indicators of economic security formed on data on digitalization investments accounting and defines further directions for the development of accounting in terms of tangible and intangible investments.

scholarly journals An Innovative Management Perspective for Organizations through a Reputation Intelligence Management Model

2019 ◽  
Vol 11 (4) ◽  
pp. 1-20
Author(s):  
Célia Maria Quitério Ramos ◽  
Ana Maria Casado-Molina ◽  
José Ignácio-Peláez
Keyword(s):  
Banking Sector ◽  
Intangible Assets ◽  
Integrated Management ◽  
Management Model ◽  
Relational Capital ◽  
Proposed Model ◽  
Management Perspective ◽  
Innovative Management ◽  
Intelligence Models ◽  
Complex Relationships

Banking companies aiming to maintain their sustainability in financial markets need to develop an integrated management based on the most important intangibles assets of relational capital. Decision- makers need to analyze and understand a huge volume of opinions continuously generated in digital ecosystems about emotions and feelings that their stakeholders associate with the performance and communication of the brand. Current tools of management fail to consider transversal and holistic models, which study the frequency and value of existing relationships between the relational capital and intangible assets. In this research, an innovative management model based on reputation intelligence is proposed. This model incorporates methodology from business intelligence models, through OLAP and data mining techniques, to analyses the complex relationships among intangible assets experience, emotion and attitude. The proposed model was applied to companies in the banking sector and the results obtained permit a conclusion about the kinds of relationships for these intangibles in each bank.

Reputational intelligence: innovating brand management through social media data

2019 ◽  
Vol 120 (1) ◽  
pp. 40-56 ◽  
Author(s):  
Ana-María Casado-Molina ◽  
Celia M.Q. Ramos ◽  
María-Mercedes Rojas-de-Gracia ◽  
José Ignacio Peláez Sánchez
Keyword(s):  
Social Media ◽  
Business Intelligence ◽  
Banking Sector ◽  
Brand Management ◽  
Intangible Assets ◽  
Digital Ecosystems ◽  
Content Type ◽  
General Managers ◽  
Tangible Assets ◽  
Complex Relationships

Purpose Companies are currently facing the challenge of understanding how their business is affected by the large volume of opinions continually generated by their stakeholders in social media regarding their intangible assets (experiences, emotions and attitudes). With this in mind, the purpose of this paper is to present an innovative management model, named E2AB, to measure and analyse reputational intangibles from digital ecosystems and their impacts on tangible assets. Design/methodology/approach The methodology applied was big data and business intelligence techniques. These methods were used in the computing process to obtain daily data from every asset guarantees that the model is validated with robust data. This model has been corroborated using data from the banking sector, specifically 402,383 net data inputs from the digital ecosystems. Findings This study illustrates the existence of a holistic influence of intangible assets over tangible assets. The findings demonstrate complex relationships between tangible and intangible assets, determined not only by the type of variable but also by its valence and intensity. Practical implications These findings may help chief communication officers and general managers a better understanding of how intangible assets extracted from online users’ opinions are related to their organisation’s tangible assets plus a chance to find out about their impact and how to manage them for a practical and agile decision making in real time. Originality/value It is a pioneering work in establishing a model, which demonstrates transversal and holistic relationships between relational intangible and tangible assets of firms from digital ecosystems, using business intelligence techniques.

scholarly journals SOME TOPICAL ASPECTS TO TAKE INTO ACCOUNT THE OBJECTS OF THE INTELLECTUAL PROPERTY IN THE RUSSIAN FEDERATION

2019 ◽  
pp. 216-224
Author(s):  
L. Alekseeva
Keyword(s):  
Intellectual Property ◽  
Russian Federation ◽  
Intangible Assets ◽  
Normative Documents ◽  
The Russian Federation ◽  
Business Entities

The article describes the most relevant aspects of the treatment of intangible assets of business entities within the scope of their activities is currently not having proper reflection in normative documents, which should be on the basis of accounting objects of their intellectual property.

INTANGIBLES AS FUTURE VALUE CREATORS: THE CASE OF THE HOTEL INDUSTRY

2009 ◽  
Vol 15 (2) ◽  
pp. 153-162
Author(s):  
Mateja Jerman ◽  
Slavka Kavčić ◽  
Bogdan Kavčić
Keyword(s):  
Detailed Analysis ◽  
Intangible Assets ◽  
Hotel Industry ◽  
Competitive Advantages ◽  
Future Value ◽  
Domestic Companies

The paper aims to provide evidence about the significance of intangibles in the hotel industry. The research investigates their importance for Croatian, Slovenian and Austrian hotel industry in the period 2004–2008. The results prove that despite their growing significance, accentuated by recent research, there is no presence of major growth related to intangible assets in the hotel industry. More detailed analysis further demonstrates that the hotel industry does not operate with a major share of intangibles in comparison with the largest domestic companies. Additional results point to the fact that larger companies possess a greater extent of intangibles in comparison with smaller companies. Therefore further research approaches could analyze the reasons that lead to these results and possible solutions that could stimulate the awareness of intangibles as a source of competitive advantages.

scholarly journals The Importance of Intangible Assets in the Hotel Industry: The Case of Croatia and Slovenia

2018 ◽  
Vol 65 (3) ◽  
pp. 333-346
Author(s):  
Mateja Jerman ◽  
Sandra Janković
Keyword(s):  
Performance Indicators ◽  
Positive Relationship ◽  
Intangible Assets ◽  
Hotel Industry ◽  
Financial Statements ◽  
Company Performance ◽  
Limited Information ◽  
Balance Sheets ◽  
External Stakeholders ◽  
Average Share

Abstract Studies show an increasing importance of intangible assets (hereinafter IA) and a positive relationship between IA and company performance. The purpose of this paper is to analyse the importance of IA for Croatian and Slovene hotel companies and to find out whether companies with a higher share of intangibles are also more profitable. The analysis is based on publicly available financial statements for the five-year period, from 2011 to 2015. The results show that the average share of IA presented in the balance sheets of the analysed hotel companies is low in both countries. Moreover, we could not find a statistically significant relationship between the share of IA and the selected financial performance indicators. The results of our study show that despite the emphasised importance of IA in literature, the publicly available financial data of the selected hotel companies provides very limited information on IA for external stakeholders.

scholarly journals Intangible Assets Reporting: the Case of Chemical and Pharmaceutical Industry in the Czech Republic

2018 ◽  
Vol 66 (2) ◽  
pp. 431-439
Author(s):  
Hana Bohušová ◽  
Patrik Svoboda
Keyword(s):  
Czech Republic ◽  
Pharmaceutical Industry ◽  
Intangible Assets ◽  
Stock Exchange ◽  
Financial Statement ◽  
The Czech Republic ◽  
Business Entities ◽  
The Cost ◽  
Changes Over Time ◽  
The Impact

The cost structure of business entities has been changing in the span of time. Costs associated with intangible assets such as software, patents, licenses, copyrights and goodwill became an important item of costs in the recent days. The paper is focused on the evaluation of the share of intangible assets in total assets and the costs associated with intangible assets in business companies operating in the chemical and pharmaceutical industry in the Czech Republic. The analyzed sample of companies represents two groups of business entities: entities preparing financial statements in accordance with IFRS and the entities preparing financial statement according to the Czech Accounting legislation (CAL). The sample covers period after the mandatory implementation of IFRS for listed companies - starting in 2005 and ending in 2015. The aim of this paper is to evaluate the impact of intangible assets reporting methodology using criteria as the share of this category in assets of companies, its structure and its changes over time and to identify possible reasons for this situation. The analysis revealed that there is an increasing tendency in volume of IAs in companies listed in Prague Stock Exchange.

scholarly journals Intangible Assets In The Accounting Law – Comparison Of Polish And Ukrainian Solutions

2018 ◽  
Vol 22 (2) ◽  
pp. 51-57
Author(s):  
Marzena Strojek-Filus ◽  
Viktoriia Dremliuha
Keyword(s):  
Intangible Assets ◽  
Economic Resources ◽  
Financial Statement ◽  
Business Entities

The paper presents a differentiated approach to the valuation and presentation in the financial statement of economic resources of business entities in neighbouring countries illustrated on the example of Poland and Ukraine. Domestic accounting law solutions of the countries under analysis with respect to intangible assets have been analyzed in detail. The aim of the paper is to show and assess the differences in the identification, valuation and presentation of intangible assets in the light of domestic accounting in Poland and Ukraine. The authors postulate unification of solutions in this area by adopting IAS/IFRS solutions in both studied countries.

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