Acta Oeconomica Pragensia, 2016 (vol. 24), issue 6

Pitfalls of Quantitative Surveys Online

Iva Pecáková

Acta Oeconomica Pragensia 2016, 24(6):3-15 | DOI: 10.18267/j.aop.560  

With the development of the Internet in the last two decades, its use in all phases of field survey is growing very quickly. Indeed, it reduces costs while allowing exploration of relatively large files and enables effective use of a variety of research tools. The academic research is more reserved towards developing online surveys. Demands on the quality of data are the main cause; Internet surveys do not meet them and thus do not allow drawing objective conclusion about the populations surveyed.Unqualified use of the Internet may significantly influence data and information obtained from their analysis. The problematic definition of the population...

Share Valuation Using the Comparative Method

Jana Marková, Božena Hrvoľová

Acta Oeconomica Pragensia 2016, 24(6):16-37 | DOI: 10.18267/j.aop.544  

The comparative method is one of the methods of assessment of equity securities in theory and practice. The practical application of the comparative method is arranged in MS Decree No. 492/2004 Coll. on the establishment of the universal value of property and in Act No. 431/2002 Coll. on accounting, as amended by later regulations. According to this method, internal (general, real) value is derived from information on specific prices or values of shares of similar companies. The comparative method can be applied without serious problems only provided that the differences between the companies are small; otherwise, its use has been problematic. To find...

The Significance of Reporting Employee Benefits in Accordance with IFRS in the Czech Business Practice

Hana Vimrová

Acta Oeconomica Pragensia 2016, 24(6):38-55 | DOI: 10.18267/j.aop.561  

The aim of the research the results of which are presented in this paper, based on an empirical survey of forty financial statements using IFRS by non-financial companies active in the Czech business environment, is to map the process and scope of reporting of employee benefits by Czech companies applying IFRS in the preparation of their consolidated and individual financial statements and to find out the differences in the extent, detail and relevancy of reporting employee benefits in accordance with IFRS among companies whose securities are publicly traded and other companies as well as to measure the differences in the scope, detail and relevancy...

Forming the Modern Labour Market Economics: On the Role of Institutionalist Theories

Dagmar Brožová

Acta Oeconomica Pragensia 2016, 24(6):56-68 | DOI: 10.18267/j.aop.562  

The growing role of institutions and their influence on the labour market outcomes, i.e., wage rates and labour allocation, has been among the most significant characteristic features of labour markets in recent decades. The labour market economics built its paradigm on the principles of marginalism, which brought suitable instruments for the analysis of market agents' individual decisions capable of achieving effective solutions. Smith's "invisible hand" has gradually been limited by institutional interventions - by governments, corporations and trade unions with government legislation, corporate personnel policies and collective bargaining. The expanding...

Complementary Health Insurance in France, the "Mutuelle" Institute and Its Terminology

Pierre Brouland, Janka Priesolová

Acta Oeconomica Pragensia 2016, 24(6):69-77 | DOI: 10.18267/j.aop.546  

The aim of the paper is to characterise the system of social insurance in France and to show the role of combined social and health care insurance companies called "mutuelles" in the framework of compulsory complementary health insurance in France. Historical roots of this non-profit organisation based on a system of solidarity, participation in expenses and management are mentioned, a wide range of coverage of health care as well as the way of reimbursement of expenses for care provided for their members are described, and its future prospects are outlined. The paper tries to point out the differences in terminology and content as there are analogical...

Half-Forgotten Personalities of Economic Thought - M. Kalecki

Pavel Sirůček

Acta Oeconomica Pragensia 2016, 24(6):78-85 | DOI: 10.18267/j.aop.563  

Michał Kalecki was an original Polish economist, who is ranked among unorthodox Marxists. He focused mainly on issues of macroeconomic dynamics. He created the dynamic theory of effective demand, in which he overtook the more familiar concept of J. M. Keynes. Kalecki influenced many diverse economists, including, e.g., the first generation of post-Keynesian economics.

Odborná a nezaujatá analýza významných aspektů nejradikálnější změny národního hospodářství od roku 1918

Jaroslav Daňhel

Acta Oeconomica Pragensia 2016, 24(6):86-90 | DOI: 10.18267/j.aop.564