bluuebunny/crossref_metadata_2025_split huggingface dataset:
Potential usage of Beneish's M-score under the conditions of selected segment of Slovak Economy
Authors: Kollar Boris 
Published: December 2021

Research background: The motivation behind submitted article is the institutional research of earnings management. The aim is to identify the differences between the usage of creative accounting techniques in the form of Beneish’s M-score under the conditions of Slovak economy. The paper focuses on these differences and specifics and possible reasons behind them. Paper highlights also the impact of globalization on companies and therefore also behind their motives to use earnings management. It also offers several definitions of earnings management and also highlights the importance of the borderline knowledge between earnings management and fraudulent behavior. The Beneish’s model seems to be used by several of major Slovak companies in food segment. The aim was to analyse this sector of Slovak economy, because of its importance to everyday life of people. To assess the motivation behind its usage by these companies. Either it is because they want to transfer their earnings to maternal companies, or there are unexpected local circumstances.
Purpose of the article: To describe specifics in the process of Beneish’s model usage under the conditions of selected segment of Slovak economy and also to highlight motivation behind its usage.
Methods: The paper is built on the statistical methods, financial analysis as well as the methods of formal logic, like comparison, analysis or synthesis and deduction.
Findings & Value added: Comprehensive overview of the earnings management definition, its forms and motives behind its usage and foremost specifics in its usage under the conditions of selected segments of Slovak economy.
Use of the cost-benefit analysis method in the risk management process of SMEs
Authors: Makka Katarina , Kampova Katarina 
Published: December 2021

Research background: Property protection is a worldwide very often used term in the conditions of various sectors. It represents a set of measures that have a preventive effect on the risk of damage to the building. The issue of property protection does not only concern organizations, but also every person who is the owner of a property in which his important interests are located. The protection of buildings is a current topic on a global scale, mainly to ensure the proper functioning through the protection of all important tangible and intangible assets of company.
Purpose of the article: The main idea of this article is to approach the issue and create a risk management process, focusing on dealing with risks in the conditions of a particular company, in this step we will use a cost-benefit analysis to help decide on the implementation or rejection of a project to protect the selected object.
Methods: Before applying the method of cost-benefit analysis to a specific case of protection of the object of the selected company, it was necessary to characterize the selected company and find out which risks are unacceptable through the creation of a risk management process. The risk management process was created based on structured and unstructured interviews with the company’s employees.
Findings & Value added: The proposed procedure for risk management and application of the method of cost-benefit analysis in the process of risk management are applicable in the conditions of any other organization in order to create an effective project for the protection of the object. If necessary, the procedure for using the cost-benefit analysis method can be adjusted to suit the needs and conditions of the problem of a particular organization.
Directions of improvement of multinational banks’ credit activity regulations in terms of debt-type economy
Authors: Murshudli Fakhri , Zapotichna Roksolana , Mursalov Muslim 
Published: December 2021

Research background: Amidst deepening economic internationalization and financial globalization, multinational banks remain the most important financial intermediaries in the international debt capital market. By ensuring the cross-border movement and redistribution of credit resources, multinational banks’ credit activities lead to the accumulation of external indebtedness in the host countries.
Purpose of the article: The purpose of the article is to substantiate scientific and practical recommendations for improving multinational banks’ credit activities regulations in order to minimize their negative impact on the level of external indebtedness and the formation of the debt-type economy in the host countries.
Methods: Methods of abstraction, systematization and generalization, as well as system approach have been used in our research.
Findings & Value added: A hierarchical system of multinational banks’ credit activity regulation, which includes institutional-subjective (the level of multinational banks themselves), macro-regional (the level of the home country and host countries), mega- and meta-regional, and global levels have been proposed. Scientific and practical approaches to regulating multinational banks’ credit activities, which are based on the introduction of special regulatory measures by the countries with debt-type economies (transformation of external financing sources, revision of forms of credit cooperation with multinational banks, intensification of inclusion in the processes of securitization of credit relations, introduction of a system of macroprudential regulation instruments, increasing the level of international liquidity), have been developed.
Application of Economic Value Added under the Conditions of Globalization: Study of Real Estate Industry
Authors: Podhorska Ivana 
Published: December 2021

Research background: The success and stability of any company depends mainly on its financial health. This research is focused on the application of economic value added as a methods for analysis of financial health of company. The EVA indicator characterizes the company’s ability, which is reduced by the price of equity. In other words, the capital invested in the company has a benefit that exceeds the cost of that capital. The goal of each owner is to achieve the maximum possible appreciation of this invested capital and thus ensure the appreciation of the company’s assets.
Purpose of the article: The main aim of the paper is to assess the financial health of companies in the real estate industry by economic added value under the conditions of globalization.
Methods: For research was used the data of Slovak enterprises from real estate industry, obtained from annual financial reports covering the year 2019. Based on these data economic value added were calculated. Especially, EVA equity methods was used. Cost of equity were quantified by capital assets pricing model. Subsequently, the results obtained were examined by descriptive statistics.
Findings & Value added: The results of paper bring comprehensive analysis of financial health of Slovak companies from real estate industry by economic value added. Paper identified the value of economic value added in all companies from this industry, quantified both, the largest and the smallest values of economic value added in data. Subsequently, study applied descriptive analysis of results.
Evaluation of possibilities and risks in keeping bitcoins in the EU accounting records
Authors: Regnerova Olga , Siskova Jitka 
Published: December 2021

Research background: Cryptocurrencies are a specific form of currency that has emerged with the rise of globalization and the Internet. At present, there are still no necessary guidelines to enable bitcoin to be accounted for uniformly, not even within the framework of the international accounting standards IFRS.
Purpose of the article: That is to evaluate the possibilities of correct procedure in accounting for bitcoin according to applicable accounting regulations with identification of deficiencies and risks and overall impact on profit and loss statements and tax issues in reporting bitcoin, especially in income taxes and VAT.
Methods: The evaluation will be performed using model examples that focus on the use of bitcoin in business. Four model examples: 1. bitcoin as a means of payment, 2. bitcoin extraction, 3. bitcoin speculation, 4. evaluation of bitcoin billing when paying salaries. For individual variants, income tax will be calculated according to valid regulations and any difference will be compared. Based on the synthesis of the obtained results of model examples, the reporting of bitcoin according to Czech accounting standards will be evaluated with subsequent recommendations for accounting entities and pointing out possible risks for reporting.
Findings & Value added: If an entity wishes to use bitcoin in the course of its business, it may be advised to create appropriate analytical accounts or off-balance sheet records. This issue should be discussed and addressed in the legislation. This is a global issue, so it is necessary to pay sufficient attention to the uniform approach in accounting.
Black-Scholes Flexibility of European Companies in the Digital Age
Authors: Uzik Martin , Runge Christopher 
Published: December 2021

Research background: “How much is flexibility worth?” This question is the title of one of almost countless contributions. In these, procedures are discussed with which existing room for manoeuvres in corporate management can be quantitatively mapped. When Myers recognized in 1977 that decision-making situations in companies have the characteristics of financial options, he laid the foundation for the theory of real options. In the following years, further articles appeared dealing with the problem of the value-based recording of flexibility.
Purpose of the article: The aim of this paper is to empirically test the explanatory variables of Black-Scholes flexibility. A period from 2000 to 2020 is analyzed, as it is assumed that the digital age had already found its way into companies’ business models at that point in time.
Methods: In the following, using the approach described above, the value of flexibility from the Black-Scholes call option is determined for the years 2000 to 2020. The sample comprises the STOXX Europe 600. The aim of the model is to test whether the flexibility determined by Black-Scholes can be explained by selected parameters. These include intangibles, sales growth, debt to equity, market to book value, and earnings in the form of profitability
Findings & Value added: The results show which variables explain the Black-Scholes flexibility as well as how the Black-Scholes flexibility has evolved over the period studied.
The next step for Artificial Intelligence in a globally connected economy
Authors: Bodislav Dumitru Alexandru , Bran Florina , Gombos Carol Cristina , Mair Amza 
Published: December 2021

Research background:This research paper represents an overview of what artificial intelligence is, what are its roots, and what is the next big thing regarding the domain. In this paper we try to highlight how the domain is growing and what is the difference between the ideology, the business factor and the human factor. We try to create a big picture on the entire phenomenon by creating a parallel between machine learning, artificial intelligence and the influence of technological breakthrough from a hardware perspective.Purpose of the article:The paper is built as a tool in understanding technology, globalization and the pathway to success and scientific glory for what can be seen as the industry of artificial intelligence. The tools presented in the research have the purpose to create an easier path to how we can develop this domain by accelerating theoretical processing and business analytics that come together to form the next level of machine learning/artificial intelligence; research and development, everything being filtered from an economic point of view.Methods:The used research method is based on fundamental analysis of the artificial intelligence domain and its purpose in the complexity of globalization and economic development.Findings & Value added:The paper tries to offer a tool for building a better understanding of the next decade in the domain of artificial intelligence.
The influence of Industry 4.0 on employment in engineering companies: Evidence of managerial view in Czech and Germany
Authors: Kuba Karel , Dedina Jiri , Milichovsky Frantisek 
Published: December 2021

Research background: The global business activities raise the necessity of skilled workers, especially in the context of Industry 4.0 and its implementation in company processes. At the same time, the development of technologies in connection with the automation and robotization of production processes. Industry 4.0 provides the company with the opportunity to change from a traditional production approach and separate production units to an automated operation.
Purpose of the article: The primary research aimed to obtain information and data that top managers consider as important. At the same time, there is a focus on the connection between the level of employment in an engineering company and within the implementation of the concept of industry 4.0.
Methods: In the primary research, structured interviews were used. For the interview, we asked managers from the 88 companies in the Czech and 303 companies in Germany. From that amount, we get responses from 67 Czech companies (82 managers) and 160 German companies (200 managers). Their answers were processed by the Dematel method, which is considered a multi-evaluation tool.
Findings & Value added: Based on the implementation of the DEMATEL method, the coordinates of individual parameters were determined with their visualization in the map of influences, in which the links between individual variables are visible, which are located in two quadrants. The links between the individual variables are in the form of the above arrows, wherein in the case of bidirectional arrows, it is a mutual influence of variables and one-way arrows then show a one-sided dependence.
The Science and Technology Incentive Mechanism in Russia: A Chronicle of 1990-2020
Authors: Korostyshevskaya Elena , Stoianova Olga , Alpatov Gennady 
Published: December 2021

Research background: The analysis shows the focus of studies on public incentive for science and technology (S&T) on individual tools (financial support, personnel development, infrastructure, scientific collaborations), or the study of the current issues. The development of a systemic view on the evolution of the public mechanism of S&T incentive is required.
Purpose of the article: to form a systemic view on the processes and instruments of S&T stimulation in Russia over the past 30 years, allowing to create a methodological basis for centers of excellence development.
Methods: A comprehensive historical and logical analysis of Russian and foreign studies is conducted. Using a systemic approach, a classification of S&T incentive instruments is developed, which is greatly influenced by the ideas of S. Zaichenko on centers of excellence. Quantitative analysis of S&T statistics in the context of the implementation of various public incentive mechanism instruments allows to draw conclusions about the level of effectiveness of the latter. On the basis of the synthesis of all the results obtained, proposals for the structure of the mechanism for stimulating centers of excellence in Russia are generated.
Findings & Value added: - S&T stimulation tools in Russia over the past 30 years are identified and classified; - a periodization of these instruments is developed; - a chronological analysis of their evolution in the context of the selected groups and their influence on the innovative development of Russia is conducted; - proposals on the structure of the mechanism for stimulation of the centers of excellence in Russia are formulated.
Determinants preventing the implementation of green growth and sustainable development in enterprises in the Slovak wood-processing industry
Authors: Melichová Miroslava , Poláková Natália , Moresová Mária , Kocianová Anna 
Published: December 2021

Research background:Despite the fact, that green growth is one of the main goals of the European Union, a sufficient attention is still not given to it in conditions of Slovakia. The green growth represents compliance of the need to protect environment with economic development of society. So far, a comprehensive survey has not been carried out in Slovakia, which would focus on the issue of green growth and sustainable development in enterprises in the Slovak wood-processing industry.Purpose of the article:The aim of the presented paper is to identify key external and internal determinants preventing the implementation of green growth and sustainable development in enterprises in the Slovak wood-processing industry.Methods:Current information on the research issue was obtained through an empirical survey in the form of a questionnaire. Subsequently, the results were processed descriptively and graphically.Findings & Value added:The achieved results show that the key internal determinant preventing the implementation of green growth and sustainable development in enterprises in the Slovak wood processing industry is the orientation of production to the end of the production process in the context of environmental pollution. The enterprises consider insufficient state support to be the main external determinant.
Deterrents to Participation in Sharing Economy Activities: Cross-Country Survey
Authors: Tambovceva Tatjana , Titko Jelena , Svirina Anna , Tereshina Maria 
Published: December 2021

Research background: Sharing economy is driven by a number of factors, such as intensified application of internet and smartphones, shift towards circular economy and sustainability, and globalization. An impact of globalization processes on consumer society is expressed not only in growth of international trade or development of transnational corporations, but also in change of cultural and communication patterns, specifically regarding change in attitudes towards ownership.
Purpose of the article: The goal of the research is to evaluate consumers’ perception of a sharing economy. The current research continues the previous studies conducted by the authors but focuses on reasons for consumers’ negative attitude towards sharing economy.
Methods: The study is conducted on the basis of survey results, which include 876 valid questionnaires. To understand the relationship between personal characteristics and lack of activity in sharing economy, the study implemented moderation statistical analysis. The choice of moderators was based on theoretical ground that estimates age, gender and education to influence person's choice on sharing economy; in this study those predictions are testing by means of moderation analysis.
Findings & Value added: The authors tested the moderation effect of age, gender, and education on withdrawal from the sharing economy practices in relation to key sharing economy sectors (respondent was involved as service receiver/provider). Besides, the moderation effect of respondent's involvement into sharing economy as provider and receiver on withdrawal from the sharing economy practices in relation to key personal characteristics of the respondent was tested.
The impact of globalization in connection with the development of e-commerce
Authors: Nahalková Tesárová Eva , Križanová Anna 
Published: December 2021

Research background:Globalization encourages increased involvement of retailers, and the market currently provides these entities with a new range of purchasing functions. The new economy is based primarily on information and knowledge, so the key to success is the ability to constantly improve and respond to changing market conditions and increasing customer requirements. The Internet thus becomes an integral part of our lives. It is a tool that makes our lives better. The expansion of the global information network Internet has created space for a new kind of business. It brings benefits to all e-commerce entities. For this reason, its popularity is growing exponentially. The negative experience caused by financial fraud, misuse of sensitive data, the unreliability of business partners, and the like is also growing.Purpose of the article:The basic purpose of the article is the fact that the development of e-commerce is one of the important conditions for maintaining and increasing the competitiveness of the Slovak economy and its ability to participate in the international division of labor with the economically developed countries.Methods:The basic pillar of the article was to analyze the current development of e-commerce in the Slovak Republic, which is affected by the pandemic situation caused by COVID-19, make a comparison with EU countries, and evaluate the perception of e-commerce by Slovak consumers based on a questionnaire survey.Findings & Value added:Finally, we interpret the answers of the respondents, which were obtained by the questionnaire method.
Management employees working conditions for sustainable development in era of globalization
Authors: Sukalova Viera 
Published: December 2021

Research background: Human resources today are well the most important and valuable resource of a company, and therefore it is very important that the company constantly deals with the field of working conditions. Working conditions represent a convex set of conditions, factors and other elements affecting the worker who performs the assigned work tasks for the employer and significantly affect his productivity, well-being, health and loyalty to the employer. Currently, the field of working conditions has been hit hard by the Covid 19 pandemic. The company's goal in the field of working conditions should be to create the best possible working conditions that will provide employees with a suitable and quality working environment, damage to health at work and benefits to increase their comfort.
Purpose of the article: The aim of our article is to analyse the legal aspects of labour protection and working conditions in EU and Slovakia and to document on the Case study current problems of work management and also the impact of Covid 19 on employees’ working conditions.
Methods: Analysis, Synthesis, Case study, Questionnaire
We analyzed the current legislation of the EU and Slovakia in the field of occupational safety and working conditions, and on the example of a case study and the use of a questionnaire survey, we identified problems in this area.
Findings & Value added: Identification of current problem areas in the management of working conditions and design of a system solution for sustainable development.