Central European Business Review, 2019 (vol. 8), issue 3

Articles

How Capital Structure Affects Business Valuation: A Case Study of Slovakia

Katarina Valaskova, George Lazaroiu, Judit Olah, Anna Siekelova, Barbora Lancova

Central European Business Review 2019, 8(3):1-17 | DOI: 10.18267/j.cebr.218  

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...

Online Grocery Shopping Acceptance: The Impact on the Perception of New Technologies and Loyalty in Retailing

Radka Bauerova

Central European Business Review 2019, 8(3):18-34 | DOI: 10.18267/j.cebr.216  

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....

European Nearshoring Index – Is Eastern Europe Attractive for Swiss IT Firms?

Florian Keller, Benedikt Zoller-Rydzek

Central European Business Review 2019, 8(3):35-53 | DOI: 10.18267/j.cebr.217  

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...

Exploring Impact of Coping Approaches on Intrinsic Perceived Overall Wellness: A Study of Executives and Senior Managers in Czech Republic

Jaroslav Petru, Eva Jarosova

Central European Business Review 2019, 8(3):54-68 | DOI: 10.18267/j.cebr.215  

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...