European Journal of Business Science and Technology, 2017 (vol. 3), issue 1
Profit-Shifting Activities in the Mining Sector: Evidence from the Czech Republic
Daniel Anarfi, Danuše Nerudová
European Journal of Business Science and Technology 2017, 3(1):5-12 | DOI: 10.11118/ejobsat.v3i1.72 
The aim of this paper is to measure the magnitude of profit shifting in the Czech Mining industry. The paper source data from AMADEUS provided by the Bureau van Dijk for the 10-year period 2005-2014 to seek evidence of profit-shifting activities and measure the magnitude. The paper applies panel regression model in the analysis to seek evidence and measure the magnitude of profit shifting using random effect model estimations. The paper therefore analyses tax effects on capital structure of subsidiary firms as a means of profit shifting and the results was that, there is substantial evidence of profit shifting with different magnitudes in separate...
The Rule of Law and Economic Growth in the Balkan States
Michaela Ftoreková, Michal Mádr
European Journal of Business Science and Technology 2017, 3(1):13-20 | DOI: 10.11118/ejobsat.v3i1.76
The main aim of the paper is to evaluate whether the rule of law affects economic growth in the Balkan states. The reference period is the period 2000-2015 due to data availability. As indicators of the legal environment the Rule of Law Index (the Worldwide Governance Indicators) and Property Rights Index (the Index of Economic Freedom) are employed. The paper uses panel data regression analysis (OLS with fixed effects) for the purpose of identification and quantification. The results indicate that improvement of the rule of law has not statistically significant effect on growth in the Balkan countries. On the other hand, the higher level of property...
Herding Behaviour of Central Banks: Following the Fed and ECB
Jakub Bureš
European Journal of Business Science and Technology 2017, 3(1):21-28 | DOI: 10.11118/ejobsat.v3i1.63
I apply interest rate rules, especially the Taylor rule, to identify basic determinants of the central banks' decision-making process. The results confirmed herding behaviour related to the central bank financial assets and its economic power in the US and Eurozone. The conclusions are discussed in relation to the exchange rate movements and capital flows. The empirical strategy reflects different lag structure and employs autoregressive distributed lag models.
State Regulation in China in the Light of Its WTO Membership
Lenka Fojtíková
European Journal of Business Science and Technology 2017, 3(1):29-43 | DOI: 10.11118/ejobsat.v3i1.77
When China entered the World Trade Organization (WTO) in December 2001, it also accepted some trade commitments in the area of state regulation, which have influence on the liberal free trade. The object of the paper is to highlight the changes that occurred in the selected areas of state regulation in the period 2001-2015, and to find out if China fulfilled its WTO commitments in the selected areas of state regulation. The aim of the qualitative research carried out in the area of state trading, price controls and state enterprises was to show the fact that although China liberalised its market in compliance with its trade commitments in the WTO,...
Job Satisfaction and Its Influence on Proactive Behaviour
Grzegorz Biesok, Jolanta Wyród-Wróbel
European Journal of Business Science and Technology 2017, 3(1):44-53 | DOI: 10.11118/ejobsat.v3i1.81
The purpose of this paper is to show the relation between job satisfaction and proactive behaviour. Existing studies clearly indicate the impact of proactive attitude on job satisfaction. The authors' objective was to verify this relation, assuming reversed hypothesis. Therefore their intention was to establish to what extent job satisfaction affects proactive attitude. Structural equation modelling (SEM) was implemented to test and verify the micromodel containing two latent variables: job satisfaction (exogenic) and proactive behaviour (endogenic). Both of them were equipped with relevant manifest variables, measured in a survey. The survey questionnaires...
A Comparison of Living Standards Indicators
Naďa Hazuchová, Jana Stávková
European Journal of Business Science and Technology 2017, 3(1):54-64 | DOI: 10.11118/ejobsat.v3i1.99
The paper is a comparison of living standards indicators as a measure of the prevailing situation for the citizens of selected EU countries. The indicators used for comparison were representative of economic, social and environmental influence factors. The indicators were compared by means of meta-analysis, comprising a selection of all 11 chosen indexes (with a set of calculated indicators) and living-standards focused studies. The selected methodology for the meta-analysis is a weighted multiple linear regression. The results of the meta-analysis point to those studies whose indexes show a positive effect and indexes which show a negative effect...
National Culture and Application of Telework in Europe
Emil Wojčák, Matúš Baráth
European Journal of Business Science and Technology 2017, 3(1):65-74 | DOI: 10.11118/ejobsat.v3i1.79
This paper deals with cultural differences in states around Europe. People represent key resources of the companies where flexi forms are necessary way how to reach goals. Hofstede's Cultural Dimension Theory can find many answers. Application of new culture and flexi forms may improve work organization, working time and family life of employees. This paper utilizes survey data obtained from Hofstede Institute research fields and Eurostat database. Set hypotheses are supported by six auxiliary questions what help reach conclusions, how integration slowly cancelled national differences between nations.