Ch. Mahmood Anwar
Knowledge is considered as a critical strategic resource for organizations in the contemporary knowledge-intensive economy. According to the resource based view of ﬁrms, one among other sources of ﬁrm’s competitive advantage is knowledge. Research shows that knowledge sharing is a key enabler of knowledge management (Nonaka & Takeuchi, 1995; Alavi & Leidner, 2001). Many organizations assert knowledge sharing vital to exploit core competencies and to achieve sustained competitive advantage.
Nikolina Palamidovska-Sterjadovska, Anita Ciunova-Shuleska
In today’s competitive environment, creating and maintaining customer satisfaction and consequently customer loyalty is of vital importance to the companies. At the same time, it is a challenging task because little is known about how customers differ in their relational preferences (Palmatier et al., 2006) and because there are a lot of variables that inﬂuence customer loyalty. Although customers tend to be more demanding and less loyal (Reichheld, 1996), service marketers are convinced that building enduring relationships with the customers is incredibly important because loyal customers are less costly to serve, buy more, pay premium prices and spread positive word-of-mouth (Zeithaml, 2000; O’Brian & Jones, 1995).
J. Stephen Clark, Ludwig O. Dittrich, Dana Stará, Miroslav Barták
One of the most common problems with health care systems around the world is that the cost of running them tends to increase at higher rate than the rate of inﬂation (see Glied & Smith, 2013). This has led among others to the introduction of visit fees by governments and/or public as well as private health care facilities and other health care providers.
Juraj Nemec, Pavol Čižmárik, Vladimír Šagát
The ﬁrst integrated concept of taxation expenses was presented by Smith (2005), whose Canons of Taxation formed the starting point for the study of the theory and practice of taxation. Equity, certainty, convenience and efﬁciency represent the principles that inform the development of contemporary taxation theory and inﬂuence the development of opinion on the additional expenses of taxation, both in the public and private sectors, which will be the main object of our interest.
The interest in bank liquidity has grown signiﬁcantly in recent times not only among regulators, but in authors’ studies as well. The trigger mechanism was mainly the recent global ﬁnancial crisis, where a number of systems faced liquidity problems. On the basis of the crisis, the regulation on the part of the Basel Committee (Bank for International Settlements, 2010) in the area of liquidity has increased. The Basel Committee proposed the introduction of two liquidity indicators: the LCR (Liquidity Coverage Ratio) and the NSFR (Net Stable Funding Ratio), which the member states must obligatorily fulﬁl based on European law.
Michal Karas, Mária Režňáková
According to Wu (2010), the internal causes of ﬁrm bankruptcy may be seen in insufﬁcient management skills, marketing and an inability to compete. They are reﬂ ected in company performance. For this reason, accounting data, or rather ﬁnancial ratios, are a frequent source of information for assessing the stability and viability of an enterprise.
Renata Benda-Prokeinová, Kamil Dobeš, Ladislav Mura, Ján Buleca
Consumer’s preferences and wealth (income, resources) are viewed as exogenous quantities in the neoclassical theory. Methodological individualism, rational behaviour, equilibrium and perfect information of consumer are the further features of this concept.
Zuzana Virglerová, Lubor Homolka, Luboš Smrčka, Kornélia Lazányi, Tomáš Klieštik
The business activity of small and midsize enterprises plays an important role in the individual economies of the European Union. In this regard, Cumming, Johan, and Zhang (2014) and Gawel (2010) indicate that entrepreneurship has a signiﬁcantly positive impact on GDP/capita, exports/GDP, and patents per population, and a negative impact on unemployment.
Kristýna Brzáková, Jiří Kraft
European Union allocated 513 billion CZK through the European Structural and Investment funds (ESI) to the Czech Republic during the previous programming period of the European Union (EU) (i.e. 2007-2013) based on data of Ministry of Regional Development CZ (MRD CZ) (MRD CZ, 2015a). The amount of money was allocated to the renewal of decaying residential, tourist and civic brownﬁelds, to educate people, to support businesses, educational institutions, agriculture and generally support the lagging regions that are below the average of gross domestic product (GDP) in the EU25.
Petra Marešová, Vladimír Soběslav
Dependence of economic competitiveness on ICT has been proven in the studies at enterprise level by e.g. Dedrick et al. (2003), and at macroeconomic level by e.g. Niebel (2014). All studies collectively appraise the positive inﬂuence of ICT sector development. Nowadays, employing ICT both into enterprises and state administration is a great step towards increasing productivity and therefore, economic competitiveness (Antlova et al., 2011).