Publikační činnost akademických pracovníků FES / FES Research Outputshttps://hdl.handle.net/10195/345372024-03-28T11:01:38Z2024-03-28T11:01:38ZFactors of Differences in the Highest Wages of Employees in the Slovak Republic (2020 vs. 2010)Pacáková, VieraSipkova, LubicaŠild, Petrhttps://hdl.handle.net/10195/813482023-07-12T13:23:18Z2022-01-01T00:00:00ZFactors of Differences in the Highest Wages of Employees in the Slovak Republic (2020 vs. 2010)
Pacáková, Viera; Sipkova, Lubica; Šild, Petr
The article offers the results of statistical analysis of data on the highest wages of employees in the Slovak Republic in 2020. Descriptive analysis of sample data is supplemented by generalizing the results to the population of all employees whose salary exceeds the 99th percentile of the sample, by selected methods of statistical inference, which are probability models of the highest wages and analysis of variance. The analysis focuses on assessing the significance of the impact of selected demographic and social factors on the highest salaries of employees in SR in 2020 and their differences. The investigated factors there are gender, level of education, region of residence, the label of occupation, and age category. The article also focuses on inequalities in the number of employees at different levels of the monitored factors. The obtained results of the analysis are compared with the results of similar analysis from 2010.
2022-01-01T00:00:00ZAn Alternative Assessment of Banks' Risk in a Low Interest Rate EnvironmentTeplý, PetrMaivald, MatějČernohorská, Liběnahttps://hdl.handle.net/10195/813472023-07-12T13:23:14Z2022-01-01T00:00:00ZAn Alternative Assessment of Banks' Risk in a Low Interest Rate Environment
Teplý, Petr; Maivald, Matěj; Černohorská, Liběna
In this paper, we analyze the impact of a low interest rate environment on banks’ risk-weighted assets (RWA)/total assets ratio, also known as RWA density. In theory, a low RWA density can imply a bank´s lower risk, lower capital requirements and, therefore, a higher return on average equity (ROAE), implying a bank’s higher competitiveness. In the theoretical part, we identify the key factors affecting RWA variability, which is correlated with RWA density. In the empirical part, based on a sample of 352 banks from the Eurozone, Japan, Sweden, Switzerland and Denmark during the period 2011–2017, we apply the system of the Generalized Method of Moments. We did not find any evidence to support the main hypothesis that a low interest rate environment will influence banks’ RWA density after 1 year. We rejected our hypothesis even for periods of 2 and 3 years. Our contribution to the literature is three-fold. Firstly, we discuss the theoretical and practical aspects of RWA variability and density. Secondly, unlike other researchers, we also focus on macro-level determinants (including a low interest rate environment), and identify ROAE and bank heterogeneity as significant determinants of RWA density. Finally, we examine a large data sample, which enables us to identify the key determinants of RWA density and to obtain robust results from across different regions and bank business models in the recent period. Our findings survive a battery of robustness checks and provide some solid support for regulators when they propose new bank capital requirements and reform the calculation of RWA.
2022-01-01T00:00:00ZEMS Application in Businesses – Systematic ReviewŠimek, LiborBachmann, Pavelhttps://hdl.handle.net/10195/813452023-08-28T07:17:33Z2022-01-01T00:00:00ZEMS Application in Businesses – Systematic Review
Šimek, Libor; Bachmann, Pavel
This systematic review answers the question what aspects of Environmental Management System (EMS) implementation in small and medium sized enterprises (SMEs) are dealt in contemporaneous literature. For this purpose, by applying keyword search queries and the follow-up screening, 26 publications were filtered out of Web of Science database, which were then analyzed in a quantitative method using bibliometric procedures, followed by a systematic qualitative review. It was based on a conceptual analysis, identifying the basic EMS implementation aspects comprised. Through synthesis of the ascertainments obtained, we conclude that the main aspects of EMS implementations in SMEs are the implementation procedure hindrances, be that internal barriers, prohibitive costs and need for their justification.
2022-01-01T00:00:00ZIs There Any Dependence Between a Football Club's Financial Health and Its First League Performance?Heckenbergerová, JanaHonková, Irenahttps://hdl.handle.net/10195/813392023-08-25T12:31:32Z2022-01-01T00:00:00ZIs There Any Dependence Between a Football Club's Financial Health and Its First League Performance?
Heckenbergerová, Jana; Honková, Irena
The presented contribution aims to analyze the financial health of Czech football clubs. Financial results of selected first league football clubs are evaluated using the summary indicator IN05. Satisfactory results are achieved only by three clubs out of twelve, one club corresponds with the so-called grey zone and the remaining clubs are in the bankruptcy zone. Furthermore, the stated hypothesis verifies whether there is no correlation between club performance and its financial health. At the first sight, it seems logical that the league's performance depends on the financial situation, and one can assume that the stated hypothesis has to be rejected. Nevertheless, provided statistical analysis utilizing the Spearman’s correlation coefficient proves the opposite.
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