Template-Type: ReDIF-Article 1.0 Author-Name: Jaroslav Petru Author-Name: Eva Jarosova Title: Exploring the Impact of Coping Resources on Perceived Well-Being: A Study of Executives and Senior Managers Abstract: The characteristics of the workplace environment have a significant impact on executive well-being and organisations benefit when executives cope effectively with the stressors in their work and private life. Many aspects of coping with stress have been studied, but few studies have focused on the coping resources of executives and senior managers. This study focused on the relationship between coping resources and level of well-being as a factor of stress mitigation among a target middle-aged group of Czech executives and senior leaders. Using data collected from 100 executives and senior managers in Prague, Czech Republic, multiple regression analysis was used to examine the variables related to executive coping resources and their combined effects on executive well-being. The analysis revealed that executives who made use of a mix of coping resources showed better well-being. Furthermore, cognitive, emotional, spiritual/philosophical, and physical coping resources were shown to be positively related to total well-being. However, social coping resources showed no direct association with executive well-being. The findings suggest that executives can benefit from a much more extensive combination of coping resources than initially expected to provide better life satisfaction, and that overall physical and mental health is a mitigating factor against stress and burnout. Keywords: wellbeing, executives, coping resources, coping and stress Classification-JEL: I12, I31, I38, M12 Pages: 54-68 Volume: 2019 Issue: 3 Year: 2019 File-URL: http://www.vse.cz/cebr/215 File-Format: text/html Handle: RePEc:prg:jnlcbr:v:2019:y:2019:i:3:id:215:p:54-68 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlcbr/references/215 Template-Type: ReDIF-Article 1.0 Author-Name: Radka Bauerová Title: Online Grocery Shopping Acceptance: The Impact on The Perception of New Technologies and Loyalty in Retailing Abstract: Online grocery shopping is becoming an integral part of life for more and more customers around the world and has truly changed the way consumers acquire their groceries. Nevertheless, the offline environment is still a priority for most customers. Therefore, it is not surprising that new technologies are also being introduced in traditional stores. The purpose of this paper is to explore if all generations of customers equally perceive pressure to apply new technologies into the purchasing process and how previous online grocery shopping acceptance can influence customer behaviour. This research was conducted on a sample of 1,050 online respondents. The answers of respondents have a nominal character. Therefore, Pearson´s chi-square test was used for testing. Subsequently, the frequency analysis was used for a more detailed examination. The results indicate that online grocery shopping acceptance positively influences the perception of new technologies from the perspective of all generations of customers. An interesting finding is that if traditional retailers entered the online market, 67% of online grocery shoppers would change retailers. This paper brings a new perspective on online and offline generations of customers and states that online grocery shopping acceptance is a predictor of positive perception of other technologies in retailing. Managers should take steps to increase the acceptance of technologies in stores, which will facilitate the business processes in the store and optimize the use of the workforce. This paper also demonstrates an opportunity for traditional retailers to enter the online marketplace. Keywords: technology acceptance, online grocery shopping, new technologies, grocery retailing, customer behaviour Classification-JEL: M19, M31 Pages: 18-34 Volume: 2019 Issue: 3 Year: 2019 File-URL: http://www.vse.cz/cebr/216 File-Format: text/html Handle: RePEc:prg:jnlcbr:v:2019:y:2019:i:3:id:216:p:18-34 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlcbr/references/216 Template-Type: ReDIF-Article 1.0 Author-Name: Florian Keller Author-Name: Benedikt Zoller-Rydzek Title: European Nearshoring Index - Is Eastern Europe Attractive for Swiss IT Firms? Abstract: The main goal of this paper is to identify the major factors for the decision of Swiss IT service firms to nearshore their locations and to quantify their relative importance. Moreover, we develop an IT Nearshoring Index ranking the attractiveness of different European regions. We use a quantitative survey of 56 Swiss IT service firms that are either actively engaging in nearshoring or planning to nearshore parts of their business. Using the survey, we identified five main factors for the nearshoring location decision of Swiss IT firms: economic, labour, institutional, social and location. We pin down the relative importance (weights) of the aforementioned factors using the survey results and expert interviews. The labour factors (including labour costs on the one and the availability of skilled IT workforce on the other side) proved to be most important. We use the obtained weights to construct a (weighted) IT Nearshoring Index. Based on the IT Nearshoring Index, we find that in contrast to general belief, the most attractive locations cannot be found in Eastern Europe, but in Southern UK or Western Germany. The first is due to their high availability of IT workforce, the latter due to their cultural and geographical proximity. Eastern European regions can base their competitive advantage on offering attractive labour costs, but this cannot make up for the disadvantage of greater cultural and geographical distance to Switzerland. Keywords: nearshoring, MNEs, location choice, IT services Classification-JEL: F23, L22, L23, L86, M16 Pages: 35-53 Volume: 2019 Issue: 3 Year: 2019 File-URL: http://www.vse.cz/cebr/217 File-Format: text/html Handle: RePEc:prg:jnlcbr:v:2019:y:2019:i:3:id:217:p:35-53 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlcbr/references/217 Template-Type: ReDIF-Article 1.0 Author-Name: Katarina Valaskova Author-Name: George Lazaroiu Author-Name: Judit Olah Author-Name: Anna Siekelova Author-Name: Barbora Lancova Title: How Capital Structure Affects Business Valuation: A Case Study of Slovakia Abstract: A company’s capital structure is a significant factor in valuing its business. The relative levels of equity and debt affect risk and cash flow and, therefore, the amount an investor would be willing to pay for the company or an interest in it. Capital structure matters because it influences the cost of capital. Therefore, this paper aims to quantify the effect of the capital structure on the cost of capital of Slovak enterprises and to suggest an effective way of financial decision-making. The data used in the study was gained from the Bratislava Stock Exchange because publicly available information on enterprises issuing their shares on the stock exchange was needed to calculate the cost of capital. Due to the underdeveloped capital market of Slovakia, we chose 17 stock companies (except for commercial banks) operating on the Slovak market having all the data required. The financial data of companies were obtained from their financial statements spanning 2013 to 2017. The impact of the capital structure on the cost of capital was investigated by the Pearson correlation coefficient, regression analysis and Mann-Whitney U-test. The study found that there is an indirect relationship between the capital structure, the cost of capital and the size of the company. We also conclude that the growing volume of debt may result in a decline in the corporate costs of capital. These findings concerning Slovak enterprises incline to the respected compromise theory. Keywords: cost of equity, cost of debt, cost of capital, capital structure Classification-JEL: D24, G32 Pages: 1-17 Volume: 2019 Issue: 3 Year: 2019 File-URL: http://www.vse.cz/cebr/218 File-Format: text/html Handle: RePEc:prg:jnlcbr:v:2019:y:2019:i:3:id:218:p:1-17 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlcbr/references/218