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Editorial office of the journal E&M Economics and Management warns that there have recently emerged false offers promising mediation of publishing in our journal for a certain fee. Editorial office declares that we do not keep such cooperation. Every single review process is standartized and transparent. If you are interested in publishing with E&M, contact our editorial office directly. The journal does not have any intermediaries abroad.

Aims & Scope

The journal E&M Economics and Management (E&M) publishes high quality original research articles and scientific studies based on theoretical and empirical analyses. E&M encourages new intriguing ideas and new perspectives on existing state of knowledge.
Among the key topics covered are Economics, Business Administration, Finance, Management, Information Management, and Marketing & Trade. More information here.
The journal E&M Economics and Management (E&M) publishes high quality original research articles and scientific studies based on theoretical and empirical analyses. E&M encourages new intriguing ideas and new perspectives on existing state of knowledge.
Among the key topics covered are Economics, Business Administration, Finance, Management, Information Management, and Marketing & Trade. More information here.

Choice of articles of current issue

TWIN DEFICITS THREAT IN THE EUROPEAN UNION

Marianna Sinicakova, Veronika Sulikova, Beata Gavurova

In the 1980´s the US economy was marked by until then rather unusual external and internal deficits. Similar situation gradually appeared in other countries. During last decade it was analysed in the case of so called PIIGS countries (Portugal, Ireland, Italy, Greece, and Spain) in the European Union. This co-movement draws interest of many researchers. Generally it is believed that internal deficit (fiscal budget deficit) causes external one (external balance deficit). External balance deficit is usually measured via trade or current account deficit. This phenomenon is called „twin deficit“. Twin deficit problem can be perceived as a vicious circle. High budget deficit generates important current account deficit and this in turn leads to higher budget deficit. Therefore twin deficit threat should be in the centre of attention of policy makers.
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INFLUENCE OF BUSINESS PERFORMANCE MEASUREMENT SYSTEMS AND CORPORATE SUSTAINABILITY CONCEPT TO OVERAL BUSINESS PERFORMANCE: “SAVE THE PLANET AND KEEP YOUR PERFORMANCE”

Rastislav Rajnoha, Petra Lesníková, Vladimír Krajčík

The examination of the measuring corporate performance issues is dedicated to many authors from different points of view: the relationship of the strategy and strategic orientation to the business performance (Morgan & Strong, 2003); the view of a strategic measurement performance system through strategic agenda and decision-making as a result of the process of (re)formulating strategy (Bisbe & Malagueño, 2012); the effect of strategic measurement performance system on the important attributes of the strategy formulating process (Gimbert et al., 2010); the effect of strategic performance measurement system of human resources and corporate results (Bento & White, 2014); the use of the process performance measurement (Tuček et al., 2013); the relations among customer satisfaction, customer loyalty and financial performance of a commercial bank (Belás & Gabčová, 2016); the methodology for prediction and detection of the ways of solving demanding situations in managerial work, with obvious implications in performance of managers and in efficiency of business performance management (Lajčin, Frankovský, & Štefko, 2012); the model of acquisition activity in financial sector (Korauš et al., 2015); performance management and public corporate governance with regard to relationships with both external (stakeholders) and internal (politicians and management) actors (Romolini et al., 2015).
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PRICING OF THE TOURISM PRODUCT: A TOOL FOR ENTREPRENEURS TO ADAPT TO A FLEXIBLE MARKET

Anuţa Buiga, Roxana Stegerean, Alexandru Chiş, Dorina Lazăr

During the last decades, the tourism industry from Central and Eastern European countries has gained an increasing importance. Because of the diversity of businesses and activities inside this sector, the tourism can be considered an effective engine for emerging sectors and for economy. Furthermore, due to its diverse, beautiful nature and valuable historical and cultural inheritance we consider that the tourism sector has growth potential, high efficiency and thus, opportunities for significant contributions both to national GDP and added value.
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SPATIALLY BLIND OR PLACE BASED POLICY? A COMPARISON OF INNOVATION SUPPORT IN THE CZECH AND SLOVAK REPUBLIC

Miroslav Šipikal, Valéria Szitásiová, Peter Pisár, Mária Uramová

A Cohesion policy as well as innovation support is one of the main criteria and objectives of the European Union. A large part of these two policies are supported together through Structural funds. The past decade has witnessed a gradual shift from policies aimed at reducing disparities towards those aimed at strengthening regional and national competitiveness, with a focus on exploiting regional potential to contribute to national growth (Barca, 2009). Along with the issues of developmental support and related policy responses, studies dedicated to the role of innovation in this process represent a significant part of literature from the last three decades (Asheim, 1996).
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LOYALTY PROGRAMS AND PERSONAL DATA SHARING PREFERENCES IN THE CZECH REPUBLIC

Radek Tahal, Tomáš Formánek, Hana Mohelská

Loyal customers are a key factor for successful retail activities. Customer loyalty can be defined as a higher probability of making new and repeated purchases, spontaneously recommending a particular retailer and spreading the positive word-of-mouth. “Loyal customers are less likely to switch to a competitor due to price inducement, and these customers make more purchases compared to less loyal customers” (Dhal, 2015; Mohelska & Sokolova, 2016) For the retailers, customer loyalty is a key factor in reaching long-term commercial success and profitability.
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