Template-Type: ReDIF-Paper 1.0
Author-Name: Tomas Chlopcik
Author-Name-First: Tomas
Author-Name-Last: Chlopcik
Author-Email: chlopcikt@gmail.com
Author-Workplace-Name: University of West Bohemia
Title: Automotive industry in the Visegrad Group
Abstract: The article is focused on the current situation of automotive industry in the Visegrad Group. The main goal of the article is to analyze the current situation and define the major aspects of automotive industry in V4 countries. The main sources for the article are secondary data gained from publicly available databases. Analyses rely on basic macroeconomic indicators of V4 countries in comparison with German economy as the main leader of automotive industry in Europe. In the comparison of national?s automotive industries are used following indicators: GDP, GDP per capita, unemployment rate, GVA and turnover of automotive industry, Capital Expenditures and vehicles production. All the informations were acquired from well-known and recognized national, European and other international institutions. The result of the analysis is a compact view of automotive industry?s significance in V4 countries, which is according to initial assumption very high. One of the partial outcomes of the analysis is also a finding proving lack of relevance of some indicators frequently used as a sole scale for automotive industry importance. This have been proven especially on the absolute number of produced vehicles, which doesn?t have to describe the capability of national automotive industry in a relevant way. The article also contains recommendations for further research in this field.
Length: 18 pages
Creation-Date: 2018-07
Publication-Status: Published in Proceedings of the Proceedings of the 7th Business & Management Conference, Budapest, Jul 2018, pages 1-18
File-URL: https://iises.net/proceedings/7th-business-management-conference-budapest/table-of-content/detail?cid=76&iid=001&rid=9572
File-Function: First version, 2018
Number: 7609572
Classification-JEL: M16, M31
Keywords: automotive, cars production, Czech Republic, Hungary, macroeconomics, market analysis, Poland, Slovakia, Visegrad
Handle: RePEc:sek:ibmpro:7609572
Template-Type: ReDIF-Paper 1.0
Author-Name: Jiri Kutlak
Author-Name-First: Jiri
Author-Name-Last: Kutlak
Author-Email: kutlak@kpm.zcu.cz
Author-Workplace-Name: University of West Bohemia
Title: DIFFERENT GENERATIONS IN THE LABOR MARKET ? IMPLICATIONS FOR THE WORKPLACE: THE CASE OF THE CZECH REPUBLIC 
Abstract: The issue of generations, namely the focus on their characteristics and the current and future impact on business practices, is the key factor for business management due to the diversity of this generations. The paper on this issue aims to analyze the current and future trend of generation groups in the Czech Republic with respect to their characteristics and to the demography development on the Czech labor market. The paper theoretically defines issues of demographic development and generations (Baby Boomers, X, Y, Z), including their often different timing anchors and qualitative characteristics. Subsequently, on the basis of statistical data analysis, the labor market situation in the Czech Republic is characterized by a focus on individual generations. The paper also analyzes the population development of individual generations with the presentation of the 5 and 10-year forecasts. In the end, there are presented possible threats (change of generation groups, occupying higher positions, similarity of generations) or opportunities (unique diversity) that companies should take into account in their business practices. There are also three areas (evaluation, communication and mentoring) where the author presents the possible management of business processes and their limitation.
Length: 17 pages
Creation-Date: 2018-07
Publication-Status: Published in Proceedings of the Proceedings of the 7th Business & Management Conference, Budapest, Jul 2018, pages 19-35
File-URL: https://iises.net/proceedings/7th-business-management-conference-budapest/table-of-content/detail?cid=76&iid=002&rid=9573
File-Function: First version, 2018
Number: 7609573
Classification-JEL: M54, J11
Keywords: generation; generation groups; management; workforce; generation differences; demographic development
Handle: RePEc:sek:ibmpro:7609573
Template-Type: ReDIF-Paper 1.0
Author-Name: Sasipa Pojanavatee
Author-Name-First: Sasipa
Author-Name-Last: Pojanavatee
Author-Email: sasipa@ms.su.ac.th
Author-Workplace-Name: Silpakorn University
Title: The Sensitivity of Thailand Corporate Bond Values to Interest Rate Changes
Abstract: The purpose of this study is to examine the volatility of the domestic corporate bond market value to changes in interest rates using duration and convexity techniques. The samples have been divided into two groups both of which have a coupon bond that pays interest semiannually. First, there is a seven-year corporate bond group. Second, there is a ten-year corporate bond group. The findings suggest that all seven-year bonds have the same level of price volatility when interest rates changes. The evidence also suggests that interest rate change effect ten-year corporate bond's price at the same level. This study concludes that, as a measure of a bond?s interest rate risk, seven-year bonds tend to be less volatile when interest rates change in comparison with ten-year bonds. The duration is less than bond?s maturity. The study finds evidence consistent with the typical results reported by previous studies. The price of corporate bonds move in the opposite direction of a change in interest rates, but the percentage change is not the same for all bonds. 
Length: 11 pages
Creation-Date: 2018-07
Publication-Status: Published in Proceedings of the Proceedings of the 7th Business & Management Conference, Budapest, Jul 2018, pages 36-46
File-URL: https://iises.net/proceedings/7th-business-management-conference-budapest/table-of-content/detail?cid=76&iid=003&rid=8689
File-Function: First version, 2018
Number: 7608689
Classification-JEL: G17
Keywords: Duration, Convexity and Thailand
Handle: RePEc:sek:ibmpro:7608689
Template-Type: ReDIF-Paper 1.0
Author-Name: Arissa Sa-ardnak
Author-Name-First: Arissa
Author-Name-Last: Sa-ardnak
Author-Email: arislink@hotmail.com
Author-Workplace-Name: Faculty of Management Science Silpakorn University, Petchaburi IT Campus
Title: Factors Influencing the Acceptance of Internet Payment Services for Online Business
Abstract: This quantitative research, which consisted of survey research, aimed to investigate the factors affecting the acceptance of an Internet payment service for online business using questionnaires collected from 100 entrepreneurs and 145 online consumers. The reliability coefficient of the questionnaires equaled 0.929.  The statistics used in this research consisted of frequencies, percentages, mean values, standard deviations, and t-tests. This research involved one-way ANOVA analysis and multiple regression analysis. The research findings revealed that visibility (X3) and result demonstrability (X5) affected the acceptance of the Internet payment service by online entrepreneurs (Y) at a statistical significance level of 0.05, with the prediction equation of Y = (0.803) + 0.297X3 + 0.569X5. Relative advantages (X1), visibility (X3), and result demonstrability (X5) affected the acceptance of an Internet payment service by online consumers (Y) at a statistical significance level of 0.05, with the prediction equation of Y = (0.799) + 0.335X1 + 0.305X3 + 0.523X5. Thus, entrepreneurs should consider the relative advantages of an Internet payment service for online business to meet consumer needs.
Length: 11 pages
Creation-Date: 2018-07
Publication-Status: Published in Proceedings of the Proceedings of the 7th Business & Management Conference, Budapest, Jul 2018, pages 47-57
File-URL: https://iises.net/proceedings/7th-business-management-conference-budapest/table-of-content/detail?cid=76&iid=004&rid=9164
File-Function: First version, 2018
Number: 7609164
Classification-JEL: 
Keywords: Business, Online, Internet Payment, Acceptance
Handle: RePEc:sek:ibmpro:7609164
Template-Type: ReDIF-Paper 1.0
Author-Name: Marco Taliento
Author-Name-First: Marco
Author-Name-Last: Taliento
Author-Email: marco.taliento@unifg.it
Author-Workplace-Name: University of Foggia, Department of Economics
Title: On the Quest for Value in the Public Sector Management and its Implications
Abstract: This paper seeks to draw the attention to a peculiar, complex and interesting issue: the search for value in the public organizations? management. Thus, after a brief reference to the classical theme of creation and measurement of the general economic-financial value for (Business / Private) firms, it focuses on the more insidious and much less quantitative argument of the generation and management of Public value. Public value is the equivalent (though modified) of shareholder value (SHV) in public management with special features. A first model internationally diffused in public sector studies is representable by means of the Strategic Triangle; whose angles are: 1) Vision (value); 2) Legitimacy & support; 3) Operational capability of the public organization. A second model concerns more directly the first, highest, angle (that is now zoomed and founded upon resources and competencies): the value created for citizens through public services above all as mission. The building blocks and the outcomes & metrics developments are the elements that constitute a PSV (Public Service Value) scheme. A comparative analysis per stages is essential for our purpose: starting firstly from Public Administration (1: traditional model), secondly to New Public Management (2: NPM, denoting policies aimed to modernize and render more effective the public sector), we may arrive finally to the New Public Service stage (3: NPS, which is coherent with a networked public governance vision). Such an evolution implies a transition from a technical government to a wider and flexible governance philosophy in the ambit of a renewed value&performance-oriented public sector, which is willing to adopt qualitative principles and where individual employees are free and stimulated to pursue and propose new ideas about how to improve the working of the organization, in terms of efficiency or services. In sum, the quest for public value is the next and urgent challenge for public sector at its various levels: consequently, it will deserve more attention by both policy-makers (central and local public administrators) and researchers. For this purpose, it would be appropriate to come to a kind of public value scorecard aimed at the rational estimate of the expected, or realized, public value created time after time.At a more analytical-quantitative level, interesting would appear the inter-institutional search for a correlation between the public management value (ie, the value of public administrations) and the value of private institutions that ultimately benefit, with the individuals, from public goods and services.
Length: 21 pages
Creation-Date: 2018-07
Publication-Status: Published in Proceedings of the Proceedings of the 7th Business & Management Conference, Budapest, Jul 2018, pages 58-78
File-URL: https://iises.net/proceedings/7th-business-management-conference-budapest/table-of-content/detail?cid=76&iid=005&rid=9119
File-Function: First version, 2018
Number: 7609119
Classification-JEL: M00, H83, H00
Keywords: Public sector, Public Value, Public Management, Government, Governance and Performance, Productivity
Handle: RePEc:sek:ibmpro:7609119
Template-Type: ReDIF-Paper 1.0
Author-Name: CHUNYANG WANG
Author-Name-First: CHUNYANG
Author-Name-Last: WANG
Author-Email: 136711409@qq.com
Author-Workplace-Name: Macau University of Science and Technology
Title: Duplex-multi-agent Decision-making of Marine Disaster Insurance Based on the Grey Game Model
Abstract: This paper introduces reinsurance institutions as a fundamental decision agent and rebuilds the grey game matrix to find the optimal pure strategy of the insurance participants. The conclusions verified that when an insurance company chooses to offer marine disaster insurance, the subsidy ratio of the government plays an active role in the equilibrium strategy. When the public chooses insure and the compensation subsidy ratio is up to the threshold value, the commercial insurance company could sufficiently supply compensation for marine disasters?Similarly, the reinsurance companies choose to join the marine insurance market restricted to the compensation subsidy rate of the government. This paper presents the application of the grey game model and illustrates its usefulness as a tool to solve duplex-multi-agent decision-making in marine disaster insurance.
Length: 26 pages
Creation-Date: 2018-07
Publication-Status: Published in Proceedings of the Proceedings of the 7th Business & Management Conference, Budapest, Jul 2018, pages 79-104
File-URL: https://iises.net/proceedings/7th-business-management-conference-budapest/table-of-content/detail?cid=76&iid=006&rid=8748
File-Function: First version, 2018
Number: 7608748
Classification-JEL: 
Keywords: marine disaster insurance, grey game model, duplex-multi-agent, decision-making
Handle: RePEc:sek:ibmpro:7608748
Template-Type: ReDIF-Paper 1.0
Author-Name: Iwona ?adysz
Author-Name-First: Iwona
Author-Name-Last: ?adysz
Author-Email: iwona.ladysz@dsw.edu.pl
Author-Workplace-Name: University of Lower Silesia
Title: THE MANAGEMENT OF THE PUBLIC FINANCE SECURITY OF POLAND
Abstract: Poland, like every European Union Member State, should treat financial security as a priority of its policy. Financial security of the state primarily concerns the safety of public finances. Ensuring good financial condition of the state not only allows its existence, but also its development. For that reason, limiting the value of the debt is necessary. At the same time, the state may take financial risks on the condition that it follows the order of law and its fundamental principles, allowing the building of mutual trust. The aim of the article is to present the state of public finances in Poland between 2007 and 2016 as one of the elements to build financial security of the country. An attempt was made to evaluate the stability of the financial policy conducted by the general government authorities as well as the level of the financial security. What should be particularly taken into account is the risk of a possible underestimation of the official debt, which may result in posing the threat to the financial security of Poland. 
Length: 19 pages
Creation-Date: 2018-07
Publication-Status: Published in Proceedings of the Proceedings of the 7th Business & Management Conference, Budapest, Jul 2018, pages 105-123
File-URL: https://iises.net/proceedings/7th-business-management-conference-budapest/table-of-content/detail?cid=76&iid=007&rid=8422
File-Function: First version, 2018
Number: 7608422
Classification-JEL: E69, E62
Keywords: management, financial security, public finances, public debt, public deficit, public finance sector
Handle: RePEc:sek:ibmpro:7608422