TH18 ANNUAL INTERNATIONAL CONFERENCETH THMARCH 5 �6 , 2015

ENTERPRISE AND COMPETITIVE ENVIRONMENT

PLACE

Campus of the Mendel University in Brno,

Faculty of Business and Economics,

Zem�d�lská 1, Building Q, Plenary Room Q01

THTHURSDAY, 5 MARCH 2015

Registration of participants

9:00 - 10:00, Foyer, Building Q, Ground Floor

Plenary session

10:00 - 12:30, Room Q01, Building Q, Ground �oor

Welcoming Remarks: Assoc. Prof. Svatopluk Kapounek (Vice Dean, Mendel University)

Professor Milan Sojka Award and Tomá� Kotrba Award:supervised by Assoc. Prof. Arno�t Moty�ka (Dean, Mendel University)

Keynote Address:Roman Horváth (What Type of Finance Matters for Growth? Bayesian Model Averaging Evidence)Werner Hölzl (High growth �rms and economic policy: what do we know?)Gerta Mazalová (Enterprise and business environment from the consumer point of view)

th5 March

Place

Werner Hölzl is a senior economist at the Austrian institute of Economic research (WIFO) in Vienna. He holds a degree in Economics and Computer Science from the Technical University of Vienna and a Doctorate in Economics from the University of Vienna in 2004. Before joining WIFO in 2005 he was a lecturer at the Vienna University of Economics and Business Administration. His main research interests are in the �eld of industrial economics, entrepreneurship and industrial policy as well as business tendency surveys. He is scienti�c coordinator of the WIFO business tendency surveys. Werner has published in international journals such as Small Business Economics, Industrial and Corporate Change, Applied Economics, Structural Change and Economic Dynamics or the Journal of Industry, Competition and Trade.

Roman Horvath is a Deputy Director and Associate Professor at the Institute of Economic Studies, Charles University, Prague, Czech Republic. Previously, he worked at the Czech National Bank at various positions including Head of Research Unit and Advisor to the Board. He serves as the president of the Czech Economic Society and chief editor of Czech Journal of Economics and Finance. He published more than 50 articles in journals including Journal of International Economics, Journal of Money, Credit and Banking, International Journal of Central Banking, Journal of Financial Stability, and Journal of Comparative Economics. His research interest concentrate on monetary policy, �nancial stability and political economy. Economics, Structural Change and Economic Dynamics or the Journal of Industry, Competition and Trade.

Gerta Mazalová is the president of Association of consumer protections. She is involved in the area of consumer policy more than 12 years and her mission is to help consumers and to enforce their rights. The Association of consumer protection is the largest consumer organisation in the Czech Republic which runs personal consumer counselling, provides internet and telephone consultations, solutions of consumer disputes. The Association participates on the creation of legal environment in the area of consumer protection in cooperation with the Ministry of Regional Development, Ministry of Industry and Trade of the Czech Republic and others.

LunchConference SessionsCoffee BreakConference SessionsSocial Reception

12:30 - 13:30, Foyer, Building Q, Ground Floor

13:30 - 15:3015:30 - 16:00 , Foyer, Building Q, Ground Floor

16:00 - 18:0018:30 - 23:30, Building X

THFRIDAY, 6 MARCH 2015

Conference SessionsCoffee BreakConference SessionsLunch

8:30 - 10:3010:30 - 11:00, Foyer, Building Q, Ground Floor

11:00 - 13:00 13:00 - 14:00, Foyer, Building Q, Ground Floor

th6 March

th5 March

Session 1: Competitive Environment and InformaticsThursday, 5th March (Q15)

Chair of the Session: Edward Kasem

Language: English

Authors Paper Discussant Time

Adam Jab�o�ski Development of Business Models of the Enterprises Creating Cluster Networks in Poland Marian Holienka

13:3

0 -1

5:30

Joanna Cygler, W�odzimierz Sroka

Coopetition Disadvantages, i.e. the Other Side of the Coin: The Case of the High Tech Companies Operating in Poland

Marian Holienka

Jarmila �ebestová, Martin Klepek, �árka �emerková,Pavel Adámek

Regional Entrepreneurship Culture and the Business Lifecycle: Patterns from the Moravian -Silesian Region

Viera Kubi�ková

Monika Kro�láková, Viera Kubi�ková, Miroslava �ukanová

Existence of Young, High -Growing Companies, �Gazelles�, in the Service Sector Jan Rehak

Jan Rehak, Anna Pilkova Regional Aspects of Inclusive Entrepreneurship of Seniors in Europe Jarmila �ebestová

Marian Holienka, Jana Holienková, Peter Gál

Entrepreneurial Characteristics of Students from Various Fields: Challenges for Entrepreneurship Education

W�odzimierz Sroka

Marian Holienka, Anna Pilková

Evaluating the Entrepreneurial Environment: a Comparison of Selected International Initiatives Adam Jab�o�ski

Coffee Break

Andrea Iacobuta, Ion Pohoata

Path Dependence in Romania ′s Transformation: Implications for Entrepreneurship Development Viktor Vojtko

Viktor Vojtko, Ladislav Rolínek, Petra Solarová

System Dynamics Perspective on Crises in Small and Medium Enterprises Andreea Iacobuta

Ladislav Ba�ó, Katarína Valenteová High-Growth Enterprises and Policy Implications Vlasta Dole�alová

Vlasta Dole�alová, Darja Holátová

Development and Education of Employees in SME´s in the Region of South Bohemia Ladislav Ba�ó

16:0

0 -1

8:00

Heinz Hille Framework for Automotive Quality Management Georgy Alaev

Jan �adil, Karel Miro�ník, Ludmila Petkovová

Impact of R&D Subsidies on Enterprise Performance in Czech Republic Heinz Hille

Georgy Alaev Management as a Transferable Technology. Karel Miro�ník

Session 1: Competitive Environment and InformaticsFriday, 6th March (Department of Informatics Meeting Room, 2.52)

Chair of the Session: David Procházka

Language: English

Authors Paper Discussant TimeZden�k Motlí�ek, Pavlína Mat�jová, Dana Martinovi�ová, Sylvie Riederová

In�uence of Components of Net Working Capital on Performance of Companies Manufacturing Machinery and Equipment in the Czech Republic

Edward Kasem

8:30

-10

:30

Kamila Nováková, Jose-Maria Garcia-Alvarez-Coque, Raul Compes-Lopez

Ethical Certi�cation: Between Competitive Advantage and New Enterprise�s Values R��ena Krninská

R��ena Krninská, Markéta Adamová

Globalization Trends of the New Economy and the Competitiveness of Small and Medium-Sized Enterprises

Kamila Nováková

Pavel Kolman, Josef Holoubek

Analysis of Maximal Temperature during Wave Soldering Process Martin Pokorný

Lucie Jelínková Communication Process and its Role in Performance Management System Zden�k Motlí�ek

Edward Kasem, Old�ich Trenz, Ji �í H�ebí�ek, Old�ich Faldík

Key Performance Indicators Analysis for Czech Breweries Lucie Jelínková

Coffee Break

Jan P�ichystal, Václav Telenský

Collaboration of Users Creating Documents in the Application TeXonWeb Jan Tur�ínek

11:0

0 -1

3:00

Jan Tur�ínek, Old�ich Trenz

Information System for MSE Based on Provision of Enterprise Services Jan P�ichystal

Jan �i�ka, Arno�t SvobodaCustomers� Opinion Mining from Extensive Amount of Textual Reviews by Windowing and Decision Trees

Franti�ek Hortai

Franti�ek HortaiLow-Cost Data Mining Application Via Unused Smartphone Devices Using Computer Vision and Relevant Data Security Issues

Jan �i�ka

Petr Zach, Martin Pokorný, Ji�í Balej Voice Quality Estimation in Wireless Networks Tomá� Koubek

Karel Zídek, David Procházka, Tomá�Koubek, Marcel Vyte�ka

Architecture of Assistance System for Traf�c Signs Inventory Petr Zach

Martin Pokorný, Petr Zach Cost Savings with Software De�ned Networks Pavel Kolman

Kate�ina Ryglová, Ida Vaj�nerová, �árka Stojarová, Martin Proke�, Eva Skálová

Importance-Performance Analysis an the Context of Quality Management of Tourist Information Centres

Ines Milohni�

Eva Skálová, Martin Proke�, Kate�ina Ryglová

E-shop as a New Distribution Channel of Wine Business Enterprises Ida Vaj�nerová

�t�pán Kala, Kate�ina Kuralová, Klára Margarisová, Martin Vavrla, Lucie Voká�ová

Marketing Management: Monitoring The International Environment Factors Using Global Maps

Eva Skálová

Venelin Terziev, Ekaterina Arabska

Opportunities of Establishment of Destination management and marketing organizations in Bulgaria

Stanislav Mokrý

Ida Vaj�nerová, Kate�ina Ryglová, Jakub �ácha, Pavel �iaran

Using the Cluster Analysis and the Principal Component Analysis in Evaluating the Quality of a Destination

�t�pán Kala

Stanislav Mokrý, Ida Vaj�nerová, Ond�ej Dufek

Czech Republic in Photographs: Quantitative Content Analysis Kate�ina Ryglová

Ines Milohni� Exploring Entrepreneurial Characteristics in Rural Tourism: A Case Study of Croatia Venelin Terziev

16:0

0 -1

8:00

Coffee Break

Hana Pokorná, Pavel �iaran, Renáta Ku�erová

Modesty and Self-Esteem, a New Model for Leadership: Using In-Class Simulations to Generate Managerial Theories

Josef Dob�ický

Andrej Mentel, Pavel �iaranIs it Possible to Predict Managerial Decisions under Ethically Problematic Conditions from Personality Traits?

Bogna Kazmierska-

Jozwiak

Bogna Kazmierska-Jozwiak

Dividend Bahavior of Companies - Evidence from Polish Market

Petra Pupak Waldnerová

Petra Pupak Waldnerová

Network of Company Stores as a Marketing Tool Klára Margarisová

Jan Huml, Kate�ina Kuralová, Ji�í �erkasov, Pavel Kulfánek

In�uence of Printed Lea�ets on Consumer Purchase Behaviour

Ildiko Kemeny, Ákos Varga

Klára Margarisová, Václav Kala, Jan Huml, Ji�í �erkasov, Pavel Kulfánek

Customer Perception of Marketing Comuniocation Tools Jan Huml

Ildiko Kemeny, Ákos Varga Examining Young People�s Attitude toward Special Domestic Items in Hungary Pavel �iaran

13:3

0 -1

5:30

Authors Paper Discussant Time

Session 2: Management, Marketing and Consumer BehaviourThursday, 5th March (Q32)

Chair of the Session: Kate�ina Ryglová

Language: English

Session 2: Management, Marketing and Consumer BehaviourFriday, 6th March (Department of Marketing Meeting Room, 3.57)

Chair of the Session: Petr Koráb

Language: English

Authors Paper Discussant Time

Monika B�ezinová, Jaroslav Vrchota

The Average Level of Functioning of Selected Processes in SMEs, Targeting to South Region and Sector of Trade.

Nahanga Verter

8:30

-10

:30

Karin Gajdová, Michal Tvrdo�, Roman �perka, Michaela Horúcková

The Initial Identi�cation of Entrepreneurship Sustainability Factors in the Moravian-Silesian Region

Ivana Tichá

Josef Dob�ický, Lubomír Novotný

Value Analysis Used in Czech Industrial Enterprises Josef F. Palán

Josef F. Palán Virtual Paradigm of Strategic Management Process

Zuzana Pri��áková

Zuzana Pri��áková, Tomá�Orálek, Dmytro Buy

The Identi�cation of Key Metrics of Alarms in Production Processes Using BPMN and Petri Nets

Pavel Ziaran

Ivana Tichá, Gabriela Kolá�ková, Jana Poláková

Performance Implications of Business Model Change: A Case Study

Karin Gajdová, Roman �perka

Nahanga Verter, Christian Nedu Osakwe, Miloslava Chovancová, V�ra Be�vá�ová

SMEs Growth in the Czech Republic Monika B�ezinová

Coffee Break

Petra �ánová, Jakub Beranek, Adriana Laputková

Analysis of Consumer Behaviour when Purchasing Honey in a Competitive Environment in the CR

Pavel Syrovátka

11:0

0 -1

3:00

Steven Van Wichelen, Martin Sou�ek, Denis Drexler, Stanislav Mokrý, Ond�ej Dufek

Research Methods to Identify the Effects of Product Placement on Consumer Behaviour Martin Sou�ek

Pavel Syrovátka, Helena Chládková, Pavel �ufan

Consumer Demand for Wine and Beer in the Czech Republic, and Their Mutual In�uences Petra �ánová

Vojt�ch Fiala, Svatopluk Kapounek, Ond�ej Veselý

Impact of Social Media on the Stock Market: Evidence from Tweets Old�ich Faldík

Steven Van Wichelen, Stanislav Mokrý, Martin Sou�ek, Denis Drexler, Ond�ej Dufek

The In�uence of Package Attributes on Consumer Perception among Generation Y

Steven Van Wichelen

Old�ich Faldík, Old�ich Trenz, Ji�í H�ebí�ek, Edward Kasem

Web Application for Sustainability and Reporting for Czech Breweries Vojt�ch Fiala

Irena Bene�ová, Lubo�Smutka, Karel Tom�ík European Sugar Market - Quo Vadis? Jana �imáková

Cathy-Austin OtekhileGlobalization to Relocalization: Bapassing Barriers to Innovation and Entrepreneurship in Developing Countries

�árka Zapletalová

Merlind Eisermann, Bastian Stockinger, Michael Moritz

Multinational Resilience or Dispensable Jobs? Michal Mádr

�árka Zapletalová

International Business Management: The Management of Geographical Diversi�cation of Czech Companies at the Beginning of Internationalization Process

Cathy-Austin Otekhile

Peter Huber, Petr Rozmahel, Jürgen Bierbaumer-Polly

The Impact of EU-Accession on Regional Business Cycle Synchronization and Sector Specialization Petr Koráb

Petr Koráb, Jitka Pom�nková

Financing Constraints of SMEs in the Eurozone before, during and after the Financial Crisis Peter Huber

16:0

0 -1

8:00

Coffee Break

Vladimír Hajko, Ji�í Neubauer

The Causal Relationships Between Brent and Urals Oil Price Benchmarks Dennis Nchor

Heda Hansenová, Václav Cempírek, Petr Nachtigall, Lenka Drobcová, Petr Novák

Transport and Logistics and their In�uence on Export Costs Tibor Lalinský

Jana �imáková, Daniel Stavárek

An Empirical Sector-Speci�c Gravity Model for Hungarian International Trade Irena Bene�ová

Bohdan Vahalík, Michaela Staní�ková, Lenka Fojtíková

Key Factors of Foreign Trade Competitiveness: Comparison of the EU and BRICS Olga Regnerová

Daniel Toth, Tomá� Macák , Olga Regnerová, �tefan Toth

Determinants of International Trade of Fair Trade coffee Bohdan Vahalík

Jaanika Meriküll, Bogdan Chiriacescu, Péter Harasztosi, Tibor Lalinský, Urska Cede

Export Diversi�cation and Output Volatility: Comparative Firm-Level Evidence Petr Novák

13:3

0 -1

5:30

Session 3: International Economics and FinanceThursday, 5th March (Q14)

Chair of the Session: Petr Rozmahel

Language: English

Authors Paper Discussant Time

Michal Mádr, Lud�k Kouba

Political Environment and In�ows of Foreign Direct Investment in Emerging Markets Zlata Kovtun

Zlata Kovtun Heterogeneous Distribution of Money in the Regions of Russian Federation Michal Mádr

Lud�k Kouba, Michal Mádr, Danu�e Nerudová, Petr Rozmahel

Policy Autonomy, Coordination or Har monization in the Persistently Heterogeneous European Union?

Lea Kubí�ková

Lea Kubí�ková, Marcela Tuzová, Martina Toulová, Lucie Veselá

The internationalization motives of SMEs from the Czech Republic in context of accession to the EU Michael Moritz

Klára Plecitá Homogeneity of Economic Performance in the Euro Area Pavlína Balcarová

11:0

0 -1

3:00

Coffee Break

Marcel �evela Contribution of Foreign Trade to the Economic Growth of Economies during Economic Transition

Svatopluk Kapounek

Miroslav Radim��ský, Vladimír Hajko

Economic Growth Spillovers: International Trade Links Dennis Nchor

Pavlína Balcarová Competitiveness of the European Union Countries: Converging or Diverging Tendency? Klára Plecitá

Dennis Nchor, Václav Adamec

Unof�cial Economy Estimation by the MIMIC Model: the Case of African and Europea n Countries

Miroslav Radim��ský

Samuel Darkwah, Dennis Nchor, Pavel Kolman, Lubo� St�elec

The New Oil Sector and the Dutch Disease: The Case of Ghana Vladimír Hajko

8:30

-10

:30

Authors Paper Discussant Time

Session 3: International Economics and FinanceFriday, 6th March (Department of Economics Meeting Room, 4.74)

Chair of the Session: Petr Rozmahel

Language: English

Vlasta Ka�parovská, Jana La�t�vková, Lubo� St�elec

Is the Exchange Rate the Factor of the Liquidity Change in the Czech Banking Sector? Ale� Kresta

Petr Kup�ík, Pavel Gottwald

The In�uence of Sharpe Ratio on Appreciation Savings Intended for the Payment of Lifetime Pensions

Emília Zimková

Jarmila ZimmermannováPilot Analysis of the Behaviour of Companies within the 3rd Trading Period of the EU ETS in th e Czech Republic

Radim Gottwald

Jan Bastin Minimum Variance Investing on the Prague Stock Exchange

Dagmar Linnertová

Martin �ir��ek, Ivana �kau�árová

Value Averaging Investment Method on US Stock Market Irena Pand�a Bajs

Mia Mrgud, Irena Pand�a Bajs, Ana Mulovi�

Company-investor Communication via Internet: Analysis of Companies Listed on the Zagreb and Sarajevo Stock Exchanges

Martin �ir��ek

Emília Zimková Technical Ef�ciency and Super -Ef�ciency of the Insurance Sector in Slovakia Petr Kup�ík

16:0

0 -1

8:00

Coffee Break

Svatopluk Kapounek Impact of Institutional Factors on the Bank Lending in CEE countries Marcel �evela

Michal Dvo�ák Czech Data-Based Equity Premium: A Constructive Critique

Oleksandra Lemeshko

Martin Bo�aA Slacks-based Measure DEA Methodology for Identi�cation of Returns to Scale in the Slovak Banking Sector

Michal Dvo�ák

Zuzana Ku�erová Shadow Banking Sector in the Euro Area Pavla Klepková Vodová

Iveta Pale�ková Banking Ef�ciency in Visegrad countries: Dynamic Data Envelopment Analysis

Svatopluk Kapounek

Pavla Klepková VodováBanks Belonging to the Erste Group and their Sensitivity to the Con�dence Crisis on the Interbank Market

Zuzana Ku�erová

Oleksandra LemeshkoTesting Market Ef�ciency of the Emerging Capital Markets in Countries of the Central and Eastern Europe

Martin Bo�a

13:3

0 -1

5:30

Session 4: Monetary Economics and Financial MarketsThursday, 5th March (Q13)

Chair of the Session: Svatopluk Kapounek, Vladimír Hajko

Language: English

Authors Paper Discussant Time

Svatopluk Kapounek, Vlasta Ka�parovská

Simulation of Dynamic Provisioning in V4 Countries during the Financial Crisis Iveta Pale�ková

Dagmar Linnertová, Oleg Deev

The Investigation of Relationship between Insider Trading Activities and Stock Returns of German Blue Chips

Roman Dubový

Vlad�na �t�pánková, Veronika Novotná

Parameter Estimation for Dynamic Model of the Financial System Peter Ba�o

Milo� Tumpach Impact of Accruals on Cost of Debt of Slovak Companies Jakub Marsza�ek

Jakub Marsza�ek Convertible Debt Financing during the Financial Crisis - an American Case Milo� Tumpach

11:0

0 -1

3:00

Coffee Break

Vladimír Hajko Real Effective Exchange Rate: Is It In�uenced by the Oil Price? Juraj Hru�ka

Juraj Hru�ka Gamma Hedging of Crude Oil Asian Options Vladimír Hajko

Ale� Kresta Selected Empirical Results on Portfolio Optimization

Vlasta Ka�parovská

Radim Gottwald Extreme Changes in Exchange Rates as the Reactions on New Information

Jarmila Zimmermannová

Peter Ba�o, Vlastimil Reichel, Miroslav Hlou�ek

The Effects of Fiscal Policy on Business Cycle: Evidence from SVAR Model with Debt Constraints

Vlad�na �t�pánková

Dana �íhová, Lenka Viskotová

Loan Amortization and Linear Difference Equations Michal Dufek

Michal Dufek, Svatopluk Kapounek

Liquidity Effect of the Unconventional ECB's Monetary Policy Dana �íhová

8:30

-10

:30

Session 4: Monetary Economics and Financial MarketsFriday, 6th March (Department of Finance Meeting Room, 4.74 )

Chair of the Session: Vladimír Hajko, Svatopluk Kapounek

Language: English

Authors Paper Discussant Time

Martin Homolka, Lubo�St�elec, Ida Vaj�nerová, Ond�ej Sochor

Prevalence and Interdependence between Obesity and Health Care Costs in Brno � Preliminary Results from KARDIOVIZE BRNO 2030

Stanislav Sendek

Daniela Viorica Determinant Factors of Infant Mortality. Evidence from the CEE Countries

Eva Abramuszkinová

Pavlíková

Katarína Angelovi�ová, Stanislav Sendek,Zuzana Svitálková

Ef�ciency Evaluation of Hospitals in the Environment of the Czech and Slovak Republics Ta�ána Hajdíková

Ta�ána HajdíkováMeasuring the Effectiveness of Hospitals from the Economic Point of View and from the Point of View of Amount Provided Health Care

Agnieszka Bem

Pawe� Pr�dkiewicz, Paulina Ucieklak-Je� , Ta�ána Hajdíková, Agnieszka Bem, Rafa�Siedlecki

Hospital�s Financial Health Sssessment. Application of the Gradient Method Martin Homolka

16:0

0 -1

8:00

Coffee Break

Radu-Dan Turcu Integrated Reporting - the Next Step Ehead for a Sustainable Society Tomá� Foltýnek

Martin Jank� Contractual Penalty and Its Payment Under Delay Caused by Force Majeure Karel Marek

Kim Janssens, Eva Abramuszkinová Pavlíková, Patrick De Mazi�re

Academic Mobility as a Growth Opportunity for HEIs Ji�í Duda

Tomá� Foltýnek, Ji�í Rybi�ka

Relationship between Integrity in Higher Education and Macroeconomic and Educational Indicators

Kim Janssens

Ji�í Duda, Veronika Bla�ková

Relationship between Studied Faculty and Required Employee Bene�ts Radu-Dan Turcu

Hana Pokorná, Lenka Kali�ová, David Hrab�, Ji�í Duda, Pavel �iaran, Eva Abramuszkinová Pavlíková, Martina K�ivánková

Teaching Psychology in Management by Means of the Pedagogical Platform �Gepard�: How to Predict Ethical Decision-making

Eva Hvizdová

Eva Hvizdová, �tefan �ák The Link between Knowledge Management and Human Resources Management Pavel �iaran

13:3

0 -1

5:30

Authors Paper Discussant Time

Session 5: Socio-Economics, Health and EducationThursday, 5th March (Q23)

Chair of the Session: Eva Abramuszkinová Pavlíková

Language: English

TimeClaudiu Tiganas, Ana Iolanda Voda, Andreea Oana Iacobuta

Quality of Care and Economic Resources in the Health System Daniela �álková

Eva Abramuszkinová Pavlíková, Marcela Basovníková

Reference Budgets for more Inclusive Societies Daniela Viorica

Daniela �álková, Olga Regnerová, Tomá� Macák

Dietary Services for Customers with Gluten Intolerance in the Czech Market Claudiu Tiganas

16:0

0 -1

8:00

Authors Paper Discussant

Session 5: Socio-Economics, Health and EducationThursday, 5th March (Q23)

Chair of the Session: Eva Abramuszkinová Pavlíková

Language: English

Na�a Bir�iaková, Jakub Straka, Jana Stávková

Determinants of Living Standards of the Czech Inhabitants Martin Mari�

Jan �ezá� Freelance Work and Retirement: Does Czech System Need a Nudge? Milena Otavová

Hana Stojanová, Veronika Bla�ková

The Application of Economically Active Women in the Sectors of Czech Republic National Economy between 2000 and 2012

Na�a Bir�iaková

Adam Pápai A Small Open Economy Model of the Czech Republic with Frictional Labor Market Mihaela Turturea

Martin Mari� Labor Specialization and its Impact on Spatial Patterns of Unemployment Hana Stojanová

Milena Otavová, Veronika Solilová, Milo� Grásgruber

Fringe Bene�ts in the Form of Share -options-employment Programs Jan �ezá�

Eva Abramuszkinová Pavlíková, Blahoslav Rozbo�il, Pavel �iaran

Emotional Literacy in Organizations: on the Intersection of Sociological and Psychological Phenomena

Adam Pápai11

:00

-13:

00

Coffee Break

Tomasz Slonski, Bartosz Zawadzki, Karolina Daszynska-Zygadlo

Relation of CSR and Market Measures of Financial Performance in Reference to Sector and Country of Operations: International Evidence

Sylvie Formánková

Markéta L�rinczy, Sylvie Formánková

Business Ethics and CSR in Pharmaceutical Industry?

Karolina Daszynska-

Zygadlo

Kate�ina Halí�ková, Marcela Basovníková

The Impact of the Implementation of CSR on the Economic Performance of Czech Business Entities Patrizia Gazzola

Darja Holátová, Vlasta Dole�alová

Corporate Social Responsibility and Human Resources Management

Kate�ina Halí�ková

Renata Ku�erová, Renata Skýpalová, Veronika Bla�ková

Factors In�uencing the Application of the CSR Concept in the Czech Republic Ji�í Bejtkovský

Patrizia Gazzola, Piero Mella

Sustainability and Quality of Life: the Development Model

Eva Abramuszkinová

Pavlíková

Mihaela Turturea Social and Environmental Reporting as part of the Integrated Reporting Darja Holatová

Ji�í BejtkovskýAge Management and its Implementation in Banking Institutions with regard to the Concept of CSR

Renata Ku�erová

8:30

-10

:30

Authors Paper Discussant Time

Session 5: Socio-Economics, Health and EducationFriday, 6th March (Department of Management Meeting Room, 5.16)

Chair of the Session: Eva Abramuszkinová Pavlíková

Language: English

Ivo MollUse of Autonomous Differential Equations in the Selection of a Regression Function and Est imation Method for the Parameters

Tomas Macak

Kate�ina Krchnivá, Danu�e Nerudová

The In�uence of Allocation Formula on Generation of Pro�t in Different Economy Sectors Daniel Toth

Ladislav Kabat, Monika Majkova-Sobekova

The Comparative Study on Selected Indicators of the Business Entities Operating in Slovakia Michal Kvasni�ka

Daniel Papla, Rafal Siedlecki

Modi�ed Log-logistic Function Estimation and Forecasting Phases of Economic Growth Josef Jablonsky

Tomas Kristofory Hayek�s Theory of Evolution of Religions: 1980s Articles Compared to The Fatal Conceit Josef Montag

Josef Jablonsky Benchmarks for Current Linear and Mixed Integer Optimization Solvers

Daniel Papla, Rafa� Siedlecki

16:0

0 -1

8:00

Coffee Break

Jaroslav Bukovina The Impact of Social Activity on Bond-like Stocks. The Evidence from Threshold Model.

Radka Kn�zá�ková

Radka Kn�zá�ková, Jolana Volejníková

Regional Competitiveness and Analysis of its Factors Jaroslav Bukovina

Michal Kvasni�ka, Ond�ej Kr�ál, Rostislav Stan�k

Local Price Competition: Evidence from the Czech Retail Gasoline Market Ladislav Kabát

Peter Ba�o, Ond�ej Komínek Government Debt Management and Policy Rajmund Mirdala

Ond�ej Kr�ál, Rostislav Stan�k, Michal Kvasni�ka

External Validity of Prospect Theory: Experimental Estimates vs. Evidence from Football Betting Jens Schweitzer

Mircea Asandului, Daniela Viorica, Carmen Pintilescu, Danut Jemna

Causal Relationships between Output Growth, In�ation, Real Uncertainty and Nominal Uncertainty in Romania

Magdalena Ligus

13:3

0 -1

5:30

Authors Paper Discussant Time

Session 6: Comparative Economics, Economic ModellingThursday, 5th March (Q28)

Chair of the Session: Josef Montag

Language: English

Daniel Toth, �tefan TothSocial Development Management and Forecast of Unemployment Rate in Liberec Region in the Years of 2009-2015

Ond�ej Komínek

Ond�ej Komínek, Jan Joná�

Sectoral Balances Approach: An Empirical Evidence in the Czech Republic. Kate�ina Krchnivá

Marek Litzman, Josef Montag

Is There Bunching below Legal Threshold Levels for Car-produced Air Pollutants Tomá� Kri�tofóry

Jan Vav�ina, Marcela Basovníková

Competitiveness of Family Farms in the Czech Republic in the Context of EU Common Agricultural Policy 2014+

Marta Stárová

Jan �iroký, Regína St�ílková

Changes in the VAT Burden on Expenses of Selected Households in the Czech Republic (2007 -2013)

Rostislav Stan�k

Helena �ermáková, Miroslava Navrátilová, Marta Stárová

Assessing the Needs of Disclosing Information Concerning Forest Stand Value and Discipline of Forest Owners in Ful�lling Obligations Arising from Legal Regulations of the Czech Republic

Marcela Basovníková, Jan

Vav�ina

Jens Schweitzer

An Approach to Optimize the Order Sequence in Two-stage Storage and Picking Systems with Particular Attention to Restrictions of the Material Flow

Ond�ej Kr�ál

11:0

0 -1

3:00

Coffee Break

Rajmund Mirdala Twin De�cits if CEE Countries Peter Ba�o, Ondrej Kominek

Tomá� Macák, Jan Hron, Pavel Andres

Overcoming the Uncertainty in the DuPont Graph of Pro�tability Ivo Moll

Ladislava Issever Grochová, Kate�ina My�ková

Effects of the Discrepancy between Economic and Ecological Goals on Relative Ef�ciencies of the EU Countries

Radko K�í�

Rostislav Stan�k, Michal Kvasni�ka, Ond�ej Kr�ál

Do Auctions Improve Public Procurement? Evidence from Czech Republic Jan �iroký

Magdalena Ligus, Piotr Peternek

Consumption Preferences and Location Effects: A Hedonic Analysis of the Housing Market inKrakow, Poland

Mircea Asandului

Radko K�í�, Ladislav Sobotka

Are Expensive Environmental Regulations Truly Necessary?

Ladislava Issever Grochová

8:30

-10

:30

Time

Session 6: Comparative Economics, Economic ModellingFriday, 6th March (Department of Finance and Accounting Meeting Room, 3.76 )

Chair of the Session: Josef Montag

Language: English

Authors Paper Discussant

Danu�e Nerudová, Marian Dobranschi

The Feasibility of a Tax Swap between Environmental Taxation and Payroll Taxes in United States

Ond�ej Bayer

Veronika Solilová, Danu�e Nerudová Environmental Tax Revenue in the Czech Republic Lenka Martínková

Lenka Martínková Environmental Taxes in Czech and Slovak Republic Veronika Solilová

Ond�ej Bayer Are Direct Tax Revenues in Poland, Slovak and Czech Republic In�uenced by Each Other?

Marian Dobranschi

Petr David The Effects of Increase VAT Rates Applied in the EU Member States in 2014 Lucie Formanová

Lucie Formanová, B�etislav Andrlík, Petra Ptá�ková Mísa�ová

Recurrent Tax on Immovable Property in Tax System of the EU Countries Petr David

16:0

0 -1

8:00

Coffee Break

Irena Szarowská A Tax Shift and its Effect on Economic Development in the European Union Ján Hu�ady

Ján Hu�ady, Marta Orviská

Tax Competitio n and its Consequences for Tax Revenue Structures in Developed Countries: Empirical Evidence Using a Panel Cointegration Approach

Irena Szarowská

Zita DrábkováThe Analysis of Possibilities of Detecting the Manipulation of Financial Statements in Terms of the IFRS and Czech Accounting Standards

Vlad�na �t�pánková

Jana Gláserová, Eva Vávrová

Accounting and Tax Speci�cs of Reinsurance Operations in Commercial Insurance Companies Gerrit Kaufhold

Gerrit Kaufhold The New EU-Accounting Directive Jana Gláserová

David Procházka, Ji�í Pelák

How to Measure the Extent of Accounting Harmonisation? A Case for the IFRS Adoption Index

Hana Bohu�ová

Hana Bohu�ová, Veronika Bla�ková

Development of Access to Adoption of IFRS for SMEs in the World David Procházka

13:3

0 -1

5:30

Session 7: Taxation, Accounting and Legal EnvironmentThursday, 5th March (Q35)

Chair of the Session: Marian Dobranschi, Pavel Semerád

Language: English

Authors Paper Discussant Time

Jarmila Pokorná, Eva Ve�erková, Jana Dudová, Tereza Levická

European Initiatives in the Czech Business Environment and Consumer Protection Taras Kepych

Hana Kelblová, Jana Miku�ová

Geographical Indications for Non - agricultural Products Michal Pla�ek

Marek Litzman How Legal Environment Affects the Struct ure of Employment Hana Kelblová

Lenka Smolíková, Vlad�na �t�pánková

Project Documentation as a Risk for Public Projects Zita Drábková

Michal Pla�ek, Franti�ek Ochrana, Milan P��ek, Kristýna Hrn�í�ová

The Impact of the Choice of Evaluation Criteria and the Type of Tender on the Awarding Public Contracts (in the Case of Construction Contracts at the Local Level in the Czech Republic)

Marek Litzman

Taras Kepych Arbitration, Mediation and Alternative Dispute Resolution (ADR)

Eva Ve�erková, Jarmila Pokorna

11:0

0 -1

3:00

Coffee Break

Martin Vyklický, Petr Man, Rudolf Heidu

Quali�cation Requirements to Foreign Suppliers in Public Procurement � Evidence of the Czech Republic

Darina Saxunová

Pavel Semerád How to Avoid the Usual Price Rule Josef Montag, Libor Kyncl

Libor Kyncl, Josef Montag Legal Regulation of Road Traf�c Control through Selected Taxes Pavel Semerád

Karel Marek Contracts On �Rei in Transitu� Martin Jank�

Darina Saxunová Public-Private Partnership Projects and Their Accounting Legislation Aspects Martin Vyklický

8:30

-10

:30

Session 7: Taxation, Accounting and Legal EnvironmentFriday, 6th March (Department of Law and Social Sciences Meeting Room, 6.01)

Chair of the Session: Pavel Semerád, Marian Dobranschi

Language: English

Authors Paper Discussant Time

Jana STÁVKOVÁ

István BENCZES

Jarko FIDRMUC

Roman HORVÁTH Petr ROZMAHEL

Danu�e NERUDOVÁ

Igor KOTLÁN

Petr ROZMAHEL

Svatopluk KAPOUNEK

Veronika KR�TILOVÁ

Jan P�ICHYSTAL

Tomá� KOUBEK

Silvie KLAPALOVÁ

Peter HUBER

Jitka JANOVÁ

Svatopluk KAPOUNEK

Pavel �UFAN

Jan �I�KA

Mikulá� MURO�

ENTERPRISE ANDCOMPETITIVE ENVIRONMENT

TH18 ANNUAL INTERNATIONAL CONFERENCETH THMARCH 5 �6 , 2015