European Journal of Business Science and Technology, 2021 (vol. 7), issue 1
Commercial Real Estate Loans – Categorization of an Investment Segment
Beate Monika Philipps
European Journal of Business Science and Technology 2021, 7(1):5-26 | DOI: 10.11118/ejobsat.2021.001 
Commercial real estate loans (CREL) are a modern essential business segment and of major relevance to the financial stability of an economy as they interconnect the financial markets and the real economy. Consequently, CREL are of specific interest to regulatory authorities. As far as the author knows, there exists no universal definition of CREL in the global financial industry and the regulatory environment. This has been subject to criticism due to resulting gaps and bias in data generated by regulatory filing. This study contributes to academia and applied sciences by providing the missing link. It develops a comprehensive categorization of CREL...
Industry-Specific Factors Impeding the Implementation of Value-Based Pricing
Florian Steinbrenner, Jana Turèínková
European Journal of Business Science and Technology 2021, 7(1):27-46 | DOI: 10.11118/ejobsat.2021.004
Value-based pricing (VBP) is often considered the most profitable pricing method. However, VBP is rarely implemented by companies. This research study asks the question Why? and investigates the obstacles to an implementation of VBP. The objectives of this paper are to provide an assessment of customer-based obstacles to implement VBP in four different German industries and to evaluate the degree of company-based obstacles by industry. For that purpose, 792 consumer questionnaires were collected and 20 expert interviews were conducted. The results show that the technology industry is the German industry with the lowest obstacles, while the pharmaceutical...
The Mediating Role of Big Data to Influence Practitioners to Use Forensic Accounting for Fraud Detection
Prabhat Mittal, Amrita Kaur, Pankaj Kumar Gupta
European Journal of Business Science and Technology 2021, 7(1):47-58 | DOI: 10.11118/ejobsat.2021.009
Globally, the financial industry in the recent times has witnessed various forms of fraudulent activities in the financial markets creating dilemma for the professionals, and the auditors who owns responsibility of ensuring accuracy and transparency. This article aims at finding the emergence of Big Data technology to fraud and forensic accounting by practitioner accountants in India. A research model and hypotheses has been developed to examine the relationship between the awareness level of forensic accounting, Big Data and intentions to use it for fraud detection using structural equation modeling. Results indicate that awareness of forensic accounting...
The People Side of Successful Business Transformations
Metin Begecarslan
European Journal of Business Science and Technology 2021, 7(1):59-73 | DOI: 10.11118/ejobsat.2021.008
Business transformations are critical to making a giant leap to create an outstanding customer experience and dominate the market. This study explores how companies with different Continuous Improvement Maturities manage the people side of a business transformation, focusing on establishing a Continuous Improvement culture. A semi-structured interview with 28 different companies and 30 interview partners from 21 different industries will explore the People Excellence approach’s differences in People Engagement, People Enablement, and People Empowerment. The study also investigates the different views on Continuous Improvement Systems and their...
Agricultural Financing, Agricultural Output Growth and Employment Generation in Nigeria
Anthony Orji, Jonathan Emenike Ogbuabor, Jennifer Nkechi Alisigwe, Onyinye Imelda Anthony-Orji
European Journal of Business Science and Technology 2021, 7(1):74-90 | DOI: 10.11118/ejobsat.2021.002
This study investigates the impact of agricultural financing and agricultural output growth on employment generation in Nigeria from 1981 to 2017. The study adopts the framework of the Auto Regressive Distributed Lag (ARDL) Model for analysis. The empirical results show that while agricultural financing increases employment generation in both the short run and long run, the lag of agricultural output growth increases employment generation mainly in the short run. Other variables found to have significant effect on employment generation were price and agricultural output while labor force population, wages and aggregate expenditure were insignificant....
Flight Delay Causes at Selected Visegrad Group International Airports
Martina Zámková, Lubo¹ Støelec, Martin Prokop, Radek Stolín
European Journal of Business Science and Technology 2021, 7(1):91-108 | DOI: 10.11118/ejobsat.2021.003
The aim of this article is to analyse the flight delay causes at base airports (Prague, Brno, Ostrava, Budapest, Bratislava, Katowice, and Warsaw), with a special focus on a selected airline company operating in the central European region. To process the data, methods of multivariable statistics, namely tests of independence in contingency tables, the Kruskal-Wallis testing, cluster analysis, and correspondence analysis were used. Apparently, both charter and scheduled flights have the same percentage of delayed flights, delays occur most frequently in June, and Boeing 737-800 reported delays more frequently than Airbus A320. The research has shown...
The Significance of CSR During COVID-19 Pandemic in the Luxury Fashion Industry – A Front-Line Case Study
Eva Daniela Cvik, Radka MacGregor Pelikánová
European Journal of Business Science and Technology 2021, 7(1):109-126 | DOI: 10.11118/ejobsat.2021.005
COVID-19 has dramatically changed the economic scenery. Despite the austerity measures and decreasing resources, it might lead to an increase of the significance of Corporate Social Responsibility (CSR) as the key for sustainable growth and prosperity. The luxury fashion industry is known for its lavish commitment to CSR as expressed by owners and top management. However, the bottom perception is unclear. A longitudinal front-line case study of the perception of the significance of CSR by the low management and customers allows for filling in this vacuum and to comparatively assess the annual evolution from December 2019 to November 2020. The holistic...