| | |

Archive search


Fulltext search
Advanced filter

COMPETITIVENESS OF SLOVAK ENTERPRISES IN CENTRAL AND EASTERN EUROPEAN REGION

Milota Vetráková, Lukáš Smerek

Many changes occurred in the management of the economy in Slovakia caused by the transition from a centrally planned economy to a market economy at the turn of the 1980s and 1990s. The process of globalization into Slovak economic conditions was limited due to initial alertness. While the governments of Poland, Hungary and the Czech Republic presented themselves as pro-reform, the Slovak government preferred Slovak privatizers (Kosír, 2016). Nevertheless, the retail chain Billa entered Slovak market in 1990, followed by automobile giant Volkswagen in 1991, American retail chain Kmart in 1992, which took over the department stores Prior. Because of the reforms implemented, Slovakia gains confidence from foreign investors. Significant foreign capital inflows into the emerging business environment of the Slovak economy, such as Heineken, Coca-Cola, McDonald’s and others. A courtesy of Slovak government has also become reprivatisation of VSŽ Košice, which became part of the U.S. Steel, based in Pittsburgh in the USA.
more

TOP MANAGEMENT TEAM COMPOSITION AND FINANCIAL PERFORMANCE: EXAMINING THE ROLE OF GENDER DIVERSITY

Dana Egerová, Marta Nosková

The issue of female representation in top management teams is a growing area of interest among practitioners, policymakers, and researchers around the world (Ahmadi, Nakaa, & Bouri, 2018). In particular, there has been an ongoing debate about whether gender diversity in top management teams relates to company performance, more specifically financial performance (Farag & Mallin, 2017; Hernandez-Nicolás et al., 2015). The existing body of literature suggests that top management team gender diversity has both positive and negative effects on company performance. Additionally, the results of empirical studies on this issue remain mixed (e.g., Ali & Konrad, 2017; Eger & Indruchová, 2014; Julizaerma & Sori, 2012). On the one hand, there is evidence that gender diversity in top management is associated with higher financial performance (e.g., Campbell & Mínguez-Vera, 2008; Perryman, Fernando, & Tripathy, 2016).
more

THE STRATEGIC LOCATION OF REGIONAL HEADQUARTERS FOR MULTINATIONALS IN AFRICA: SOUTH AFRICA AS A HOST COUNTRY

John M. Luiz, Busi Radebe

No company can operate at a global scale by centralizing all decisions and then farming them out to the entire world for implementation (Ohmae, 1989). The conditions in each market are too different and in some cases changes in market conditions are too rapid to accommodate long distance management. It is for this reason that many multinational companies have opted to establish regional headquarters (RHQs) in the different markets where they operate. The establishment of these regional offices allows multinational companies to have a local insight of the market, competition landscape and customer preferences.
more

THE TOYOTA PRODUCTION SYSTEM – CZECH AND NIPPON CULTURAL PERSPECTIVES

Richard Brunet-Thornton, Michal Koža, Vladimír Bureš

Japanese companies are considered a benchmark from various perspectives in the realm of business and management. Their foreign direct investments (FDI) have been considerable over the last decades in Central Europe. Multinational Enterprises (MNEs) are by their nature prone to cross-cultural interaction (Rozkwitalska, 2010). This is especially significant in the case of Japanese MNEs, which heavily rely on the use of expatriates to control foreign subsidiaries and implement foreign managerial systems (Harzing, 1999).
more

INTERNATIONAL FINANCIAL REPORTING STANDARDS APPLIED IN THE CZECH REPUBLIC

Irena Honková

The financial system of market economy is based on the trust in accounting data. Without this trust investors do not invest, banks do not provide credits, entrepreneurial spirit disappears, entrepreneurs dismiss employees, unemployment grows and the economy collapses. Moreover any financial analysis based on accounting data becomes worthless as the reality is totally different.
more

IDENTIFYING KEY SUCCESS FACTORS INTERNATIONAL JOINT VENTURES IN CHINA: A FOREIGN PARENT PERSPECTIVE FROM FINNISH FIRMS

Xiaosong Zheng, Jorma Larimo

International Joint Ventures (IJVs) have been in a central role of global expansion by several companies [64]. IJVs are formed between two or more firms with different organizational and cultural characteristics. There are several advantages related to the IJV entry mode like the possibility for the local and parent firms to exploit complementary resources, innovative capacities and core competencies
more

SUCCESS EVALUATION OF SMALL AND MEDIUM-SIZED ENTERPRISES IN TERMS OF THEIR PARTICIPATION IN THE INTERNATIONALIZATION PROCESS

Lea Kubíčková, Lenka Procházková

In recent years, globalization has been accelerated and intensified, which involves mutual approximation and interconnecting of the world’s economies. Whole world has been connecting; therefore, globalization is a process of society integration on a worldwide level. The process of globalization can be seen as more or less spontaneous, whereas integration is a proces controlled and organized from above via international and supranational institutions and authorities (if we omit the existence of so-called informal integration).
more

The Role Of Marketing In Multinational Subsidiaries: Standardization Versus Localization

Miroslav Karlíček, Zuzana Chytková, Mgr. Nikola Hořejš, Hana Mohelská, Jakub Fischer

In the international marketing literature as well as practice, one of the most pressing issues for any multinational corporation’s marketing strategy is the choice between standardization (or globalization) and localization (or adaptation). The first approach, often applied for example by companies producing cosmetics, electronics, soft drinks and most industrial goods, is based on the assumption that customer needs are relatively homogenized.
more

Přístupy k internacionalizaci podnikatelských aktivit českých podniků

Šárka Zapletalová

Podnikatelský subjekt, který uplatňuje strategii růstu, si dřve nebo později uvědomí nutnost rozvoje podnikatelských aktivit nejen na tuzemském,ale i na zahraničním trhu. Realizace podnikatelských aktivit malých a středních podniků na mezinárodních trzích se stala fenoménem především posledních desetiletí. Nemnoho podnikatelů si dokáže představit svoji podnikatelskou činnost, i přes výrazná rizika, bez působení právě na mezinárodních trzích. Tato studie se zabývá vybranými teoretickými přístupy k procesu internacionalizace podnikatelských aktivit českých malých a středních podniků. Mezi vybrané teoretické přístupy patří přistup krokový a přístup globální.
more

?
NAPOVEDA
reguired
Language