The present paper focuses on the level of compliance and application of corporate governance from the corporations listed in the Athens Stock Exchange (A.S.E.) and attempts to highlight improvements from the adoption of best practices suggested by corporate governance recent trends worldwide. In order for the research to be conducted, a series of qualitative and quantitative variables were used, as derived from the financial statements of 162 public companies. A more extensive analysis regarding the level of compliance with corporate governance was conducted in 25 companies with the highest and 25 corporations with the lowest score, whose classification in these positions was the result of a rating system that was created for this purpose.
The aim of the paper is to analyse health and its influence on quality of life in the EU countries. One of actually discussed topics in quality of life measurement is health. This paper assesses importance of health in determining the quality of life. First research goal tries to explore relationship between indicators of objective and self-perceived health status to find out means of their usage in the context of quality of life. Next goal is focused on influence of health satisfaction on overall life satisfaction. Final research goal tries to explain relationship between health of population and overall life satisfaction. Main contribution of the paper is to demonstrate differences between objective and self-perceived health and to point out the fact that overall life satisfaction is shaped by various dimensions of life.
Companies in Lithuania have to follow Business Accounting Standards (BAS) when preparing their financial statements. Recording financial transactions according to BAS ensures that the information a company shares with potential lenders and investors gives a true and fair view of its business situation. However, the tax law prescribes its own set of accounting rules, which can result in a difference between what a business shows in financial statements and what it reports on its tax returns. This paper examines whether Lithuanian companies predominantly use tax accounting principles that migrate into their financial statements to create an inaccurate picture of business performance. The method of experts’ evaluation was chosen for that purpose. The results indicate that Lithuanian companies tend to heavily rely on accounting principles prescribed in corporate income tax law thus distorting information contained in financial statements. The paper contributes to the scarce literature on this issue of high relevance to both academics and practitioners.
In the contemporary highly competitive e-business market, organization’s success depends on satisfaction and loyalty of its customers. Whereas the differentiation of the determinants and their impact on customer satisfaction in different countries exists, the research aims at developing a model of website quality-based e-commerce customer satisfaction index. While achieving the aim of the article, the analysis and synthesis of scientific literature is provided. Furthermore, quantitative research and the analysis of the research results by means of principle component analysis, structural equation modelling using partial least squares path modelling methodology, and Importance-Performance matrix are applied. As a research result, the model of website quality-based e-commerce customer satisfaction index is elaborated. Latter model indicates the factors, which are worth investments in order to gain customer satisfaction and loyalty. As a result, not profitable investments might be avoided, which could contribute to the growing competitiveness of e-business.
Since the early nineties of the twentieth century in the international arena began the interest in the issues of sustainable consumption and production. Undoubtedly, an important category of products, which have a significant impact on the environment, are food products. The intensive agriculture focused mainly on performance and reduction of manufacturing costs leads inevitably to destructive actions that have measurable adverse effects on the environment.
The main aim of this paper is to present the results of consumer research concerning attitudes and opinions of customers towards organic food products. In a society the awareness of the importance of organic production for society is growing. However, the interest in organic products appears to be still relatively small. In these circumstances it seems to be important to discover and describe the factors which could potentially increase the interest of the costumers in organic food, which would lead to the growth in the demand for it.
Sustain growth of value added is one of the most important problem in many countries with transition economy. The article provides new evidence about determining the future dynamics of the economic activities with increasing value added. In this paper, we have used Hopfield’s neural network to clarify the strategies of social and economic development of country. Three types of strategies have been created with using mathematical models and quantitative assessment of their efficiency has been made. From the simulation results, it is observed that state regulation based on this methodology can build the basis for further improvements in economic policy.
The reduction of the development gap of South and East European economy compared with the rest of the developed countries represent an important condition to achieve the goal of „healthy development“ of European Union. High level of competitiveness in West European industries as well as new policy of sustainable development causes a rethinking of strategy of individual countries. Creative industries may contribute to the efficient utilization of local resources and individual characteristics. Using the culture like an “engine” of regional development, in South and Eastern Europe, countries can generate many positive and lasting effects on these economies. This article presents the role and evolution of creative goods and industries in South and Eastern European countries, and aims to prefigure their impact on sustainable development of these regions. The involvement of these goods in international trade may improve or rehabilitate the position of different economies at European level.
The article presents the views of the Czech Generation Y on the use of enterprise social networks and their expectations and ideas about the use of communication methods or tools in the context of communication and collaboration in an organization. Emphasis is placed on the possibility of using enterprise social networks in the organizational context. The questionnaire survey that was conducted (838 respondents) completes the view of Czech managers on communication in organizations examined in the European Communication Monitor 2014. This research highlights the different ideas of representatives of Generation Y on personal and professional communication. The distinction lies between the communication methods they commonly use in private life or in the course of their studies and their perception of what methods are or will be used in organizational context for internal communication. Finally, the article discusses institutional resistance in implementing enterprise social networking in an organization. It follows from a broader discussion that an important determinant of success in implementing enterprise social networks is not only the willingness of ordinary employees to use them, but also that of managers. On the one hand, they want enterprise social networks to be used by their employees, but on the other hand, they do not want to use them themselves.