Central European Business Review, 2024 (vol. 13), issue 5

Articles

Towards Algorithm-Assisted Career Management – a Challenge for New Immigration Countries. Predicting Migrants' Work Trajectory Using Ensemble Learning

Jolanta Maj, Bogdan Ruszczak, Sabina Kubiciel-Lodzińska

Central European Business Review 2024, 13(5):1-22 | DOI: 10.18267/j.cebr.365  

Migration processes have emerged as crucial social, political and economic concerns, affecting societies, industries and organisations. The challenge lies in effectively utilizing immigrants' resources. This research aims to determine how AI tools can support matching migrants' skills with labour markets in host countries. We propose the application of an ensemble learning methodology. To validate this approach, we collect data to assess the career trajectories of 248 tertiary-educated Ukrainian immigrants in Poland, a new immigration destination. Various machine learning models are evaluated using the decision tree algorithm on these feature sets....

Competence of Audit Committee Members concerning the External Audit Ethics

Darko Dachevski, Barry Ackers

Central European Business Review 2024, 13(5):23-50 | DOI: 10.18267/j.cebr.370  

This study investigates the impact of audit committee members’ competence on the ethical aspects of external audits and its influence on the audit quality of public interest entities (PIEs). Using a mixed-method approach, including surveys with respondents at audit firms and PIEs in Europe and semi-structured interviews with participants at PIEs in Europe, the findings highlight the importance of pre-appointment training for audit committee members concerning external audit ethics. This pre-appointment training would enable audit committee members of PIEs to evaluate whether external auditors and audit firms should implement appropriate safeguards...

Data Analysis in Demand Forecasting: A Case Study of Poetry Book Sales in the European Area

Andrea Kolková

Central European Business Review 2024, 13(5):51-69 | DOI: 10.18267/j.cebr.371  

Logistics concepts are becoming less functional nowadays. The successful concept of just-in-time manufacturing seems untenable for 21st-century Europe. New ideas and new practices are emerging. One of the major trends in contemporary logistics is the demand-driven enterprise. Managing supply, fields and other processes in a company based on demand requires accurate demand forecasting at the relevant time. Relevant data are necessary for this forecasting. In the time of big data, the problem is not collecting data but evaluating them correctly. Data analytics is of great interest in business. The aim of the paper is to verify the possibilities of demand...

Social Media Word of Mouth and Masstige Purchase Behaviour

Burhanudin Burhanudin, Firsta Diva Septianti

Central European Business Review 2024, 13(5):71-94 | DOI: 10.18267/j.cebr.372  

Many individuals enjoy sharing their stories and experiences through social media, which exemplifies social media word-of-mouth (social media WOM). This study examines the role of social media WOM in driving masstige purchase behaviour. This study involves perceptual distance, luxury perception, purchase intention and gender in such an investigation. Masstige refers to providing prestige to the masses, indicating luxury products for a broad audience. A survey of 246 consumers is conducted and structural equation modelling is employed to analyse the data. We find that social media WOM positively influences perceptual distance, luxury perception and...

Current Approaches of Stress Management in the Czech Business Environment

Nikola Soukupová, Markéta Kocourková, Kateřina Drahotová

Central European Business Review 2024, 13(5):95-124 | DOI: 10.18267/j.cebr.373  

This paper investigates stress management practices in Czech small and medium-sized enterprises (n = 194) within the manufacturing sector, with the primary objective of assessing the extent to which these enterprises integrate stress management principles into their internal management processes. The study places a particular emphasis on how these enterprises implement stress management, encompassing both organizational and individual level interventions, while also scrutinizing perceived work stressors, including challenges arising from workplace digitization. A questionnaire was compiled by making use of theoretical insights and empirical findings...

Discussion

Exploring the Interrelation: A Bibliometric Analysis and Systematic Literature Review of the Current Landscape and Future Trajectories of Fintech and Sustainability

Soumya Ranjan Sethi, Dushyant Ashok Mahadik

Central European Business Review 2024, 13(5):125-165 | DOI: 10.18267/j.cebr.368  

To identify the most recent trends in the literature about the convergence of FinTech and Sustainability, this study combines bibliometric analysis with a thorough literature review using documents from the Scopus database. The current body of literature in a particular topic of research is thoroughly and methodically examined on a systematic literature analysis. One quantitative technique that makes it easier to identify current trends and underlying ideas in a subject is bibliometric analysis. Trends, evolution, bibliometrics, mapping, and qualitative content analyses serve as the foundation for the analysis. By following all inclusion and exclusion...