Template-Type: ReDIF-Article 1.0
Author-Name: Roman Čibera
Author-Name: Tomáš Krabec
Title: Behavioral Finance and Asset Valuation in Insolvency Proceedings
Abstract: In this article, we confront the results of the expert valuation of assets, followed by the realities of the prices achieved in the realization of assets in insolvency proceedings in the Czech Republic. Based on our findings we come to the conclusion that the expert's estimate of the value, respectively the usual price defined by the Czech law, the average discrepancy from the actual prices could be achieved by more than 30 percent in both directions under the circumstances that the estate was converted into cash within bankruptcy under a single contract. This difference is considered to be essential and we follow to provide possible explanation of the causes, which include poor choice of basis of value in relation to the actual purpose of valuation, qualitative change in the assets in the period from the moment of valuation until realization, information asymmetry and opportunity costs on the part of the insolvency administrator, behavior and the nature of investors operating in the field of insolvency, quality of expert appraisal and "negative goodwill" of insolvency.
Keywords: insolvency, insolvence, Evaluation, Valuation in the insolvency, Oceňování v insolvenci, Oceňování majetku
Classification-JEL: G30
Volume: 2016
Issue: 1
Year: 2016
File-URL: http://www.vse.cz/eam/264
File-Format: text/html
Handle: RePEc:prg:jnleam:v:2016:y:2016:i:1:id:264
X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/264

Template-Type: ReDIF-Article 1.0
Author-Name: Milan Drahoňovský
Title: Purchase controlling in state purchase process
Abstract: Central purchasing is an essential prerequisite for solving preferential purchases from the perspective of the state. Central procurement brings effects already in foreign countries. Complementing centralized purchase with an additional function is a necessity. Purchase controlling providing relevant data overarching the whole buying process is one way. This function (also tool) is an analytical adding all orders / deliveries providing a true picture of the flow of the related costs in an organization. Detailed knowledge of the flow of these costs gives the owner of such data in the hands of the ability to make good decisions on internal customer satisfaction. Function of purchase controlling would not be missed when the function will be set up in central buying government process.
Keywords: controlling, Purchase controlling, Effectiveness, State economy, Costing, Reporting, Controlling, Nákupní controlling, Efektivita, Hospodaření státu, Nákladovost, Reporting
Classification-JEL: G30
Volume: 2016
Issue: 1
Year: 2016
File-URL: http://www.vse.cz/eam/265
File-Format: text/html
Handle: RePEc:prg:jnleam:v:2016:y:2016:i:1:id:265
X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/265

Template-Type: ReDIF-Article 1.0
Author-Name: Sadegh Salehi
Author-Name: Eva Kašparová
Author-Name: Zahra Pazokineja
Title: The Role of Social Consciousness and Trust in Tackling with Climate Change (A comparative study between Iran and the Czech Republic)
Abstract: In modern times, trust has become an issue crucial to human societies and it has basic role in confronting policies with social problems, particularly in the field of environmental risks. To counter environmental risks such as climate change requires knowledge that is gained through trust to its related informational institutions. The article is based on a comparative study between Iranian and Czech students participating in the research. In both countries, the research conducted in April 2014 was done using the quantitative approach and the method of survey. The results of the research show the different level of social awareness between Iranian and Czech students. Correlation analysis showed a significant statistical relationship between social awareness and trustworthy environmental informational resources. The improvement of social consciousness through trustworthy environmental information resources especially the consolidation of links between ENGOs and governments are crucial prerequisites for ecological modernization of society.
Keywords: Social Consciousness, Trust, Climate change, Social Consciousness, Trust, Climate change
Classification-JEL: G30
Volume: 2016
Issue: 1
Year: 2016
File-URL: http://www.vse.cz/eam/266
File-Format: text/html
Handle: RePEc:prg:jnleam:v:2016:y:2016:i:1:id:266
X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/266

Template-Type: ReDIF-Article 1.0
Author-Name: Lee Louda
Author-Name: Dagmar Čámská
Title: Trends in the number of insolvency proposals - regional level
Abstract: The aim of this paper is to analyze trends in the number of insolvency proposals, in the time period from 2008 to 2014. The Act No. 182/2006 Coll. on bankruptcy and its settlement methods (called as Insolvency Act) came into effect in the year 2008 which is also a beginning of the recent global economic crisis which has had undoubtedly its impact on the number of the insolvency proceedings. The development in the number of insolvency proposals will not be evaluated on the national level with macroeconomic context but on the regional level. The aim of the paper is to find out regional disparities among regional courts and their subsidiaries. The authors will follow with possible explanations of detected disparities among courts. The used methods are based on descriptive statistics.
Keywords: Czech Republic, Česká republika, Insolvency proposals, Time development, Insolvenční návrhy, Časový vývoj
Classification-JEL: G33, M21
Volume: 2016
Issue: 1
Year: 2016
File-URL: http://www.vse.cz/eam/267
File-Format: text/html
Handle: RePEc:prg:jnleam:v:2016:y:2016:i:1:id:267
X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/267

Template-Type: ReDIF-Article 1.0
Author-Name: Šárka Tittelbachová
Author-Name: Irena Tyslová
Title: Tourism destination - a platform for collaboration of culture and tourism
Abstract: This Article created in the project NAKI “Effective methods of support for small and middle-sized subjects of cultural sector in the environment of national and European economy”. The Aim of Authors is to analyze the knowledge and skill potential of businesses and nonprofit NGOs in the sphere of culture, with the focus on the applicability of their products in the process of formation and development of tourism.  This article offers theoretical background demonstrating the need for efficient use of the above mentioned potential, as well as results of the field research and conclusions for our future work, witch will be creation of recommendations and methodologies.
Keywords: Kulturní organizace, Cultural tourism, Cultural organization, Tourism organization, Destination management, Kulturní turismus, Organizace turismu, Destinační management
Classification-JEL: G30
Volume: 2016
Issue: 1
Year: 2016
File-URL: http://www.vse.cz/eam/268
File-Format: text/html
Handle: RePEc:prg:jnleam:v:2016:y:2016:i:1:id:268
X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/268

Template-Type: ReDIF-Article 1.0
Author-Name: Tomáš Vlček
Title: The use of personality typology of managers in change management process in organizations
Abstract: This paper deals with the relation of change managers´ personality characteristics and behavior patterns and how these may affect the change management processes in the organization. The research is based on the analyses combing the data from the change management study which analyzed various change mangers from different managerial levels, across different fields of business, as to how did they approach the process of leading the change project against their personality profiles. For personality profile assessment the Predictive Index measurement tool was applied which is currently used by over 8,000 organizations across a wide variety of industries and company sizes and over two million people around the world completed their assessment. The research results set forth the new element of utilizing the psychometric tool in the field of change management covering mainly the suitable managerial appointments with the intention of increasing the probability of a successful completion of the project, personal development strategies or working teams building.
Keywords: Change management, Personality profiles, Predictive Index, Řízení změn, Osobnostní profily, Predictive Index
Classification-JEL: J24
Volume: 2016
Issue: 1
Year: 2016
File-URL: http://www.vse.cz/eam/269
File-Format: text/html
Handle: RePEc:prg:jnleam:v:2016:y:2016:i:1:id:269
X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/269