Central European Business Review, 2021 (vol. 10), issue 5

Articles

Physicians’ Dual Practice: A Theoretical Approach

Kirathimo Muruga, Tatjana Vasiljeva

Central European Business Review 2021, 10(5):1-20 | DOI: 10.18267/j.cebr.269  

The present study seeks to evaluate the theoretical approach towards physicians’ dual practice. This is done by investigating the various theoretical grounds that form the basis of physicians’ dual practice. The study presents theoretical findings by comparing them with practical primary data from experienced experts. An in-depth search of the top keywords related to dual practice was done in various databases. The study first identified all articles related to dual practice in various databases. In total, 59,838 articles identified after duplicates were removed were narrowed down to four hundred and thirty-eight (438) studies and considered...

Integration of Soft Skills of Graduates of the Technical University in Zvolen and Their Applicability in Slovak Business Environment. The Case Study

Pavol Gejdoš, Ľubica Simanová, Helena Čierna, Erika Sujová, Jarmila Schmidtová

Central European Business Review 2021, 10(5):21-36 | DOI: 10.18267/j.cebr.268  

Higher education institutions annually produce hundreds to thousands of graduates with the same or similar education. The new graduates only with academic background compete with the graduates from previous years who have acquired some practical experience. The individual will only assert themselves through the complex of superstructure competencies and the ability to apply them effectively and practically for the benefit of the employer. The paper aims to present research focused on the analysis of soft skills and summarising the requirements for the soft skills competencies of the graduates from the Technical University in Zvolen in terms of employers’...

The Effect of Environmental Performance Investments on Financial Performance: Analysis of Croatian Companies

Adriana Galant, Dajana Cvek

Central European Business Review 2021, 10(5):37-51 | DOI: 10.18267/j.cebr.271  

More attention is being paid to companies’ environmental performance these days. It includes the consideration of how a company’s business operations affect the natural environment in which it operates. In order to improve its environmental performance, various investments are essential. However, one important question is how such environmental performance investments affect the company’s financial performance. The theoretical background indicates that both positive and negative effects on financial performance are possible; however, previous results show that environmental performance has a predominantly positive effect on financial...

State-Business Relations from the Perspective of the Companies' Preparedness for the Changes Related to the Implementation of the Industry 4.0 Elements: A Case of the Czech Republic

Květa Olšanová, Eva Křenková, Pavel Hnát, Ondřej Vilikus

Central European Business Review 2021, 10(5):53-79 | DOI: 10.18267/j.cebr.273  

The purpose of this study is to investigate the expectations of the management of different industries in the Czech Republic related to governmental support for their implementation of Industry 4.0 and their preparedness for the challenges associated with these technological changes. Mixed research, specifically exploratory sequential design, was used. The findings of qualitative data analyses from in-depth semi-structured interviews (n=41) with representatives of different industry sectors formed subsequent quantitative data collection (N=146, the board of management members representing various industries) through survey items corresponding with...

Do Women Behave Financially Worse than Men? Evidence from Married and Cohabiting Couples

Andrzej Cwynar

Central European Business Review 2021, 10(5):81-98 | DOI: 10.18267/j.cebr.270  

Extensive empirical evidence shows that women perform worse in financial literacy tests, which implies that their financial behaviour may also be worse compared to men. However, the literature on the gender gap in financial behaviour is scanty and highly inconclusive. Using data from a survey of married and cohabiting couples living in Poland (N=1,000) and a multi-dimensional scale validated in terms of its psychometric properties, this article compares the financial behaviour of women and men. The applied tests did not show any significant gender differences in the overall financial behaviour index or in any of the subdomains of the behaviour distinguished...

The Significance of Controlling in Enterprises in Emerging Economies

Mariana Sedliačiková, Maria Moresová, Josef Drábek, Václav Kupčák

Central European Business Review 2021, 10(5):99-113 | DOI: 10.18267/j.cebr.289  

Globalisation and increasing competition affect all existing enterprises, as well as those in emerging economies. For this reason, enterprises continuously improve their own management systems and try to gain a competitive advantage in the market in addition to eliminating shortcomings. In emerging economies in Central Europe, including Slovakia, there are still not well-established tools to support management decisions that could reveal reserves, identify deviations from the required state and reflect all these attributes in the system of motivation, evaluation, and remuneration of employees. Controlling is such a tool, the implementation of which...