scholarly journals Relation of selected factors of further education in organizations development and profitability of organizations

2019 ◽  
Author(s):  
Pavel Pudil ◽  
Irena Mikova ◽  
Lenka Komarkova ◽  
Vladimir Pribyl
Keyword(s):  
Empirical Study ◽  
Financial Performance ◽  
Talent Management ◽  
Further Education ◽  
Education Evaluation ◽  
Key Factors ◽  
The Czech Republic ◽  
Education Industry ◽  
And Training

Purpose – further education and training play an important role in organizations development. The paper aims to analyze its relation to the financial performance of organizations, particularly to find which factors of further education are significantly related to the organization profitability indicators. Research methodology – it is an empirical study based on 142 profit-oriented organizations operating in the Czech Republic. Multiple median regression was used to investigate the correlation among organization profitability and talent management, long-term strategy, education evaluation, investments into education, industry sector, organization size and its owner. Findings – the results provide evidence that talent management, education evaluation, investments into education are significantly related to the considered profitability indicator ratios (ROA, ROE, ROCE, ROS). Research limitations – follow from the size of the research sample, its extension is planned for the continuation of our research. Practical implications – the results of the research could stimulate organizations to pay more attention to the key factors of further education in their development so as to improve their financial performance. Originality/Value – the authors are not aware of any other empirical study from the post-transformation economies analyzing the relation of further education and the organization´s financial performance. It extends our pilot study presented at ECMLG 2017 in London. The results provide a suggestion for organizations which steps to take in order to gain the most from further education.

scholarly journals FURTHER EDUCATION, ITS METHODS AND SELECTED CHARACTERISTICS OF ORGANISATIONS: AN EMPIRICAL STUDY OF THEIR ASSOCIATION WITH ORGANISATIONS PROFITABILITY

2021 ◽  
Vol 19 (01) ◽  
pp. 111-130
Author(s):  
Pavel Pudil ◽  
Petr Somol ◽  
Irena Mikova ◽  
Vladimir Pribyl ◽  
Lenka Komarkova
Keyword(s):  
Talent Management ◽  
Further Education ◽  
Statistical Pattern Recognition ◽  
The Czech Republic ◽  
Statistical Pattern ◽  
Mutual Relations ◽  
Hr Managers ◽  
Performance Research ◽  
And Training ◽  
Practical Implications

Purpose – The paper presents the results of the study based on a sample of 358 organisations that focuses on further education and training (FET) of their employees. It specifically investigates which specific educational methods and various characteristics of organisations are associated with their financial performance. Research methodology – The Dependency Aware Feature (DAF) selection method from statistical pattern recognition has been used to identify which of the 37 considered variables are most associated with the profitability indicators (ROA, ROCE, ROS). Findings – The profitability indices are significantly associated with some of the specific methods of FET. Organisations should pay attention particularly to instructing, coaching and mentoring. The results also confirm the importance of talent management for organisations to be successful. Research limitations – The examined sample consists solely of organisations operating in the Czech Republic. Shortly, we plan to extend the selection by including organisations from abroad. Practical implications – The study provides recommendations for HR managers for the goals they should focus on. Organisations should evaluate the impacts of FET; otherwise increasing investments in it may not have an effect. Originality/Value – The originality of the current study lies in using a new methodology based on machine learning and respecting complex mutual relations among variables.

HR Management and Perceived Effectiveness of Further Education and Training Methods of Millennial Employees in the Czech Republic

2021 ◽  
Vol 26 (3) ◽  
pp. 415-439
Author(s):  
Irena Mikova ◽  
Lenka Komarkova ◽  
Pavel Pudil ◽  
Vladimir Pribyl
Keyword(s):  
Czech Republic ◽  
Education And Training ◽  
Further Education ◽  
Training Methods ◽  
Policy And Practice ◽  
The Czech Republic ◽  
New Employees ◽  
Hr Management ◽  
Further Education And Training ◽  
And Training

Investing in Human Resource Management (HRM), particularly in employee development through Further Education and Training (FET) at workplaces is a priority for most organisations. Our paper investigates how the participants perceive the effectiveness of particular FET methods based on an empirical study of 611 respondents from the millennial generation. The investigated sample consists of respondents employed at organisations operating in the Czech Republic. The results reveal that organisations are still regularly using certain traditional methods that do not correspond to the preferences of new employees (millennials) so are perceived as ineffective. The results should be useful for organisations seeking to adopt HRM policy and practice, particularly FET for the changes in the generation of employees.

scholarly journals L’éducation pilier du développement économique et humain au Maroc

2020 ◽  
Vol 10 (16) ◽  
pp. 184-206
Author(s):  
Hassan Marhnine ◽  
Chafika Zarhouti
Keyword(s):  
Human Capital ◽  
Statistical Study ◽  
Education And Training ◽  
Cultural Development ◽  
Key Factors ◽  
Short Term ◽  
Développement Économique ◽  
The Impact ◽  
And Training

This research is part of a perspective of highlighting the impact of education and training on the qualification and promotion of professional human resources skills. It also helps to highlight the dialectical and substantial correlation between the expansion of human capital and the economic, social and cultural development of different nations. Moreover, it is commonly accepted among the various political or economic actors that education and training is of major importance in the progress made by nations in the various sectors and even an essential vector of their rebirth. It shows that the governments of various countries are sparing no effort in investing heavily in this education sector. They do not care at all about the colossal budgets that this requires, and the immediate repercussions that they should imperatively generate on the economic and social aspects, as long as they are convinced that the good performance of the education system inevitably has repercussions in the short term, in the medium or long term in the various productive sectors, through the wealth they are likely to generate. This research is structured in two parts, one theoretical and another practical, as follows: the theoretical part emphasizes the key factors that intervene in the production of wealth and which consequently drive economic and social development, in this case, human capital and financial capital. The practical part is dedicated to a statistical study relating to the correlation between human capital and economic growth. The research is closed by certain suggestions inherent to the topic discussed in this article.

scholarly journals Reasons for satisfaction and dissatisfaction of bank customers. Study from Slovakia and the Czech republic.

2014 ◽  
Vol 2 (1) ◽  
Author(s):  
Jaroslav Belás ◽  
Lenka Gabčová
Keyword(s):  
Czech Republic ◽  
Customer Satisfaction ◽  
Financial Performance ◽  
Statistical Methods ◽  
Commercial Banks ◽  
Banking Sector ◽  
The Czech Republic ◽  
Satisfaction Rate ◽  
Successful Business

The satisfaction of bank customers presents an important area of building long-term relationships with the client, which significantly determines the financial performance of commercial banks through successful business. This article presents the current situation in the banking sector in the Czech Republic and Slovakia. The aim of this article is to measure the customer satisfaction, its development in time, then to determine the main satisfaction and dissatisfaction attributes and finally to compare the situation in the Czech Republic and Slovakia. To measure all these elements, standard statistical methods have been used. The observed overall satisfaction rate of the Czech and Slovak clients is very similar. The main reason for the satisfaction of bank customers in both countries is ability to use electronic banking and most important reason for their dissatisfaction is long-term high prices of products and services.

scholarly journals Czech wine-production industry and recent movement forces

2012 ◽  
Vol 50 (No. 9) ◽  
pp. 400-404 ◽  
Author(s):  
P. Žufan
Keyword(s):  
Growth Rate ◽  
Government Policy ◽  
Technological Changes ◽  
Key Factors ◽  
Industry Growth ◽  
Wine Production ◽  
The Czech Republic ◽  
Factors Influencing ◽  
Production Industry

The paper focuses on identification of the current key movement forces in wine-production industry in the Czech Republic, and its goal is to analyse these key influences, and to identify the most important ones (long term industry growth-rate, technological changes, regulation influences and changes of government policy, and changes of societal priorities and life style). Based on the identified key factors influencing future development and changes in this industry, recommendations for firms are formulated.

Secular stagnation in the modern world

2018 ◽  
pp. 125-141 ◽  
Author(s):  
S. M. Drobyshevsky ◽  
P. V. Trunin ◽  
A. V. Bozhechkova
Keyword(s):  
Public Debt ◽  
Capital Accumulation ◽  
Technological Development ◽  
Japanese Economy ◽  
Modern World ◽  
Key Factors ◽  
Destruction Process ◽  
Secular Stagnation ◽  
The Impact

The paper studies the factors of secular stagnation. Key factors of long-term slowdown in economic growth include the slowdown of technological development, aging population, human capital accumulation limits, high public debt, creative destruction process violation etc. The authors analyze key theoretical aspects of long-term stagnation and study the impact of these factors on Japanies economy. The authors conclude that most of the factors have significant influence on the Japanese economy for recent decades, but they cannot explain all dynamics. For Russia, on the contrary, we do not see any grounds for considering the decline in the economy since 2013 as an episode of secular stagnation.

Pengaruh Financial Leverage terhadap Financial Performance pada Sektor Industri Manufaktur yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2015

2018 ◽  
Vol 9 (2) ◽  
pp. 33-48
Author(s):  
Rivaldy Februansyah ◽  
Ika Yanuarti
Keyword(s):  
Financial Performance ◽  
Manufacturing Sector ◽  
Linear Regression Analysis ◽  
The Other ◽  
Debt Ratio ◽  
Financial Leverage ◽  
Coverage Ratio ◽  
Equity Ratio ◽  
Internal Fund

The manufacturing sector is one of the most dominant economic sectors in in achieving growth and development in Indonesia. It needs adequate fund to develop its business. The sources of fund are from internal and external. The firm usually optimized the usage of internal fund prior to external fund. The internal fund comes from equity while the external funds are from debt and stock. Debt is also known as financial leverage. There is a phenomenon that the usage of debt increased the firm’s financial performance, since interest on debt could lower the payment of tax (tax shield). On the other side, the higher the financial leverage the higher the risk of bankruptcy. This research aims to analyze whether financial leverage has an influence on financial performance in the manufacturing sector listed on the Indonesia Stock Exchange (IDX) period 2015. The method of analysis used in this research is multiple linear regression analysis. This research uses quantitative approach with a sample of 140 listed companies in the manufacturing industry. The firm’s financial performance could be measured by the financial ratios. Financial Leverage ratios are ratios that measure the ability of firm’s to meet its financial obligation and the level of usage debt as compared to equity. There are several financial leverage ratios that used in this research, such as Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), and Long Term Debt Ratio (LTDR). Financial performance indicates the ability of firm to generate profit and measured by Profitability Ratio. Return on Asset (ROA) is one of the Profitability Ratio. The statistical result shows that Debt Ratio (DR) negatively affect Return on Asset (ROA) and Interest Coverage Ratio (ICR) positively affect Return on Asset (ROA). Meanwhile, Debt to Equity Ratio (DER) and Long Term Debt Ratio (LTDR) did not affect Return on Asset (ROA). On the other hand, result shows that Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), and Long Term Debt Ratio (LTDR) affect Return on Asset (ROA) simultaneously. Keywords: Financial Leverage, Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), Long Term Debt Ratio (LTDR), Financial Performance, Return on Assets (ROA)

Update on the Boundaries of the Curly Birch Range

2020 ◽  
pp. 9-21
Author(s):  
L.V. Vetchinnikova ◽  
◽  
A.F. Titov ◽  
◽  
Keyword(s):  
Population Size ◽  
Natural Populations ◽  
Forest Tree ◽  
Published Data ◽  
Population Approach ◽  
Key Factors ◽  
History Of ◽  
Individual Trees ◽  
Karelian Birch

The article reports on the application of the best known principles for mapping natural populations of curly (Karelian) birch Betula pendula Roth var. carelica (Mercklin) Hämet-Ahti – one of the most appealing representatives of the forest tree flora. Relying on the synthesis and analysis of the published data amassed over nearly 100 years and the data from own full-scale studies done in the past few decades almost throughout the area where curly birch has grown naturally, it is concluded that its range outlined in the middle of the 20th century and since then hardly revised is outdated. The key factors and reasons necessitating its revision are specified. Herewith it is suggested that the range is delineated using the population approach, and the key element will be the critical population size below which the population is no longer viable in the long term. This approach implies that the boundaries of the taxon range depend on the boundaries of local populations (rather than the locations of individual trees or small clumps of trees), the size of which should not be lower than the critical value, which is supposed to be around 100–500 trees for curly birch. A schematic map of the curly birch range delineated using this approach is provided. We specially address the problem of determining the minimum population size to secure genetic diversity maintenance. The advantages of the population approach to delineating the distribution range of curly birch with regard to its biological features are highlighted. The authors argue that it enables a more accurate delineation of the range; shows the natural evolutionary history of the taxon (although it is not yet officially recognized as a species) and its range; can be relatively easily updated (e.g. depending on the scope of reintroduction); should be taken into account when working on the strategy of conservation and other actions designed to maintain and regenerate this unique representative of the forest tree flora.

Financial Performance of ECIL, Hyderabad – An Analysis

2013 ◽  
Vol 3 (2) ◽  
Author(s):  
N. Jyothi ◽  
Dr. T. Satyanarayana Chary
Keyword(s):  
Public Sector ◽  
Performance Analysis ◽  
Private Sector ◽  
Financial Performance ◽  
Business Environment ◽  
Present Position ◽  
Short Term ◽  
Comprehensive Manner

Financial performance of individual organizations differ very significantly, however, the performance is distinguishable between public sector companies and private sector companies as their nature and size of investment and business environment is different . The ECIL is a very vast growing company which requires additional funds on a regular basis, whether internal or external. Particularly, the company needs both long term and short-term finances in view of its present position and enormous scope for improvement in the services provided. The present paper is a modest attempt to discuss the financial performance analysis of ECIL, Hyderabad in terms operating profits, capital employed ratios and turnover in a comprehensive manner over a period of 10 years.

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