Central European Business Review, 2022 (vol. 11), issue 1

Articles

Online Reservations and Hotel Distribution Channels in European Tourism: A Case of Croatia

Iva Dadić, Iva Slivar, Tamara Floričić

Central European Business Review 2022, 11(1):1-18 | DOI: 10.18267/j.cebr.272  

Technologies transform the total marketing mix of hotel products in the dynamic tourism market, where the distribution is detected as a key factor of market placement and profitability. The main goal of this paper is to explore the distribution channels in the hospitality industry and to identify the most successful elements of online distribution for the purposes of realising future excellence in post-COVID-19 tourism. The online distribution elements that could enhance competitiveness and incentives for reservation were identified and ranked. This was realised by choosing the most representative sample and by researching it using a structured questionnaire,...

How Effective Is Tax Policy in Attracting Foreign Direct Investments in Transition Countries?

Sabina Silajdzic, Eldin Mehic

Central European Business Review 2022, 11(1):19-39 | DOI: 10.18267/j.cebr.274  

Foreign Direct Investments (FDI) has been considered an important source of economic growth and technological development in transition economies. The previous empirical literature has shown that FDI promote economic growth via complementary effects on domestic investments, increases in productivity and overall economic efficiency, giving rise to an increasing interest in understanding the key determinants of FDI. Apart from traditional FDI determinants, favourable tax policy has been considered an important factor influencing MNCs’ location decisions. The goal of this paper is to investigate the impact of corporate income tax on FDI in the context...

Employees' Digital Competency Development in the Construction and Automotive Industrial Sectors

Anastasiia Mazurchenko, Martin Zelenka

Central European Business Review 2022, 11(1):41-63 | DOI: 10.18267/j.cebr.284  

Nowadays, many companies make a great deal of effort to take full advantage of digital transformation and stay ahead of their competitors. The influence of digitalisation on manpower development and human capabilities as well as on the business environment, in general, is especially noticeable in the construction and automotive sectors. That is why the main purpose of this paper is to evaluate the impact of new digital technologies on employee competency development in Czech construction and automotive companies. The quantitative methodology is based on primary data collection conducted from July through October 2020 using the CAWI method. As a result,...

Circular Economy and Innovation: A Systematic Literature Review

Sonia Herrero-Luna, Marta Ferrer-Serrano, María Pilar Latorre-Martínez

Central European Business Review 2022, 11(1):65-84 | DOI: 10.18267/j.cebr.275  

The circular economy is presented as the sustainable solution as opposed to the current linear model of production and resource management, whose effects impact negatively on the economic, social and environmental dimensions. Through a systematic review of the literature, this article aims to unify and to uncover the available evidence on innovation in relation to the circular economy and to determine those aspects that remain unexplored or should be studied in more depth in order to be able to continue to make progress in this field. Thus, it was found that although the circular economy is at an early stage of implementation, both its benefits and...

HRM Policies and SMEs Performance: The Moderating Role of CSR Orientation

Gregorio Sánchez-Marín, Gabriel Lozano-Reina, Mané Beglaryan

Central European Business Review 2022, 11(1):85-110 | DOI: 10.18267/j.cebr.279  

A growing interest in human resource management (HRM) in small and medium enterprises (SMEs) has not been accompanied by increased knowledge of how different HRM policy orientations can affect SMEs' effectiveness. In this way, the goal of this paper is twofold: to test whether the orientation of HRM towards high-performance work practices (HPWP) –represented by the Abilities-Motivation-Opportunities (AMO) framework– allows SMEs to achieve better performance and to test the moderating role of corporate social responsibility (CSR) orientation. Based on a telephone questionnaire together with data collected from a sample consisting of 1,136...

The Impact of Continuous Improvement Concepts on the Performance of Furniture Production Processes

Ľubica Simanová, Andrea Sujová

Central European Business Review 2022, 11(1):111-137 | DOI: 10.18267/j.cebr.298  

Most small and medium-sized enterprises in the furniture industry use simple partial approaches to improve or manage production processes. The article aims to present research results focused on continuous process improvement through the implementation of Six Sigma (SS) and Lean Six Sigma (LSS) concepts in furniture production. Their impact on the performance via the level of the ROE (Return on Equity) indicator was evaluated using statistical methods of Chi-square test and Cramer’s contingency coefficient. The results of the research showed that furniture enterprises that had implemented selected methods of quality management reached a medium...