European Journal of Business Science and Technology, 2016 (vol. 2), issue 1
Labour Turnover, Employment Density and Employer Provided Training: Evidence from Vienna
Francisca Bremberger, Rudolf Hochholzer, Peter Huber
European Journal of Business Science and Technology 2016, 2(1):5-22 | DOI: 10.11118/ejobsat.v2i1.39 
We analyse the impact of regional and sectoral labour market characteristics as determinants of the supply of employer financed training using a unique data set on employer provided training in Vienna. According to the results labour turnover has a robust negative impact and employment density a slightly less robust but also negative impact on the probability of a firm to provide employer financed training. Policies directed at increasing employer provided training may therefore face substantial challenges in sectors and regions with high labour turnover and employment densities. These challenges are likely to be even larger when it comes to providing...
Financial Vulnerability, Capital Shocks and Economic Growth: Evidence from China (2005-2014)
Chun-peng Zhang, Rong Kang, Chen Feng
European Journal of Business Science and Technology 2016, 2(1):23-31 | DOI: 10.11118/ejobsat.v2i1.56
Taking the leading role of the banking industry in the financial system into consideration, this paper constructed a financial vulnerability index by using the method of principal component analysis, and found China's financial vulnerability showed a slightly upward trend in general. In order to confirm the macro factors affecting financial fragility, dynamic regression models were constructed. As a result, the authors obtained seven major macro factors. Finally, the authors determined that an overheated economy, increasing inflation, excessive growth of the country's fiscal expenditures, and export shocks will increase financial vulnerability. However,...
The Age Management philosophy and the concept of Work-life balance in the selected Czech banking institutions
Jiří Bejtkovský
European Journal of Business Science and Technology 2016, 2(1):32-42 | DOI: 10.11118/ejobsat.v2i1.23
The article focuses on the Age Management philosophy and the concept of Work-life balance in the selected Czech banking institutions. The objective of the article is, inter alia, to determine whether the selected Czech banking institutions are dominated by stereotypical perception of the employees and further to reflect over how the concept of the Work-life balance can affect the context of aging of the population and the Age Management philosophy. The article presents a view of some of the results of quantitative and qualitative research conducted in the selected Czech banking institutions in the Czech Republic. The research group of the questionnaire...
Determinants of Return on Equity for a Sustainable Growth of the Manufacturing Industry in the Czech Republic
Daniel Anarfi, Kofi Ampadu Boateng, Kwabena Adu Ababio
European Journal of Business Science and Technology 2016, 2(1):43-52 | DOI: 10.11118/ejobsat.v2i1.54
The aim of this study was to examine the factors that determine return on equity (ROE) in the Manufacturing industry in the Czech Republic over a 10-year period of 2005 to 2014. The study combined firm level variables (DuPont model) and macroeconomic variables (Multifactor Arbitrate Pricing Theory - APT) to regress data obtained from Amadeus (Bureau van Dijk) and the World Bank respectively. The results show that profit margin and net asset turnover have a positive and significant effect on ROE. However, financial leverage had a negative and significant impact on ROE. With regard to macroeconomic variables, none of them affected ROE positively. GDP...
Measuring the Development of Efficiency and Productivity of Banks in the Visegrad Group: An Application of Hicks-Moorsteen Total Factor Productivity index
Lucie Chytilová
European Journal of Business Science and Technology 2016, 2(1):53-63 | DOI: 10.11118/ejobsat.v2i1.29
The research on the banking efficiency all around the world has been one of the main topics for the international financial sectors over the last years. The special case is in Europe. Some of the countries are in the European Union. The European Commission creates the rules for safer and sounder financial sector in these countries. In the past, these rules brought a lot of controversy whether they help to all countries in the European Union or just some of them. The purpose of this article is to determine the development of different types of efficiencies for banking industry in the Visegrad Group. Generally, the development is measured by the Malmquist...
Beta Convergence in the Export Volumes in EU Countries
Miroslav Radiměřský, Vladimír Hajko
European Journal of Business Science and Technology 2016, 2(1):64-69 | DOI: 10.11118/ejobsat.v2i1.13
This paper investigates the β -convergence in the trade volumes of EU countries. We focus on a different approach to convergence analysis, namely trade's contribution to convergence. Neoclassical growth theory assumes there will be a convergence process among the economies, even in absence of trade. Trade relations might, however, speed up this process. We use panel data for trade volumes of 26 EU countries and test the presence and the speed of β -convergence pattern on SITC sectors 6 and 7 trade categories. The implied speeds of unconditional convergence of the export volume per capita are about 0.05-0.06 (implying half-lives around 12-13...
Competencies for Human Resource Management in Foreign-Owned Firms. Focus on Three CEE Countries and Austria
Barbara Covarrubias Venegas, Katharina Thill, Martina Rašticová, József Poór, Zdeňka Konečná
European Journal of Business Science and Technology 2016, 2(1):70-84 | DOI: 10.11118/ejobsat.v2i1.21
Foreign-owned firms enter foreign markets for traditional reasons (market acquisition, securing resources, and diversification), but lately they have also been seeking better economies of scale and a more rational allocation of expenditures, via shifting processes and activities to lower-cost countries. The aim of this paper is to analyse the major foreign direct investments (FDI) and impacts on Human Resource Management through seven case studies in Austria, Czech Republic, Hungary and Slovakia. Multinational Corporations are considered the driving force behind the internationalization of business. The shift from a domestic to a global business perspective...