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State aid for the coal sector in the European Union
Piotr Podsiadło, 2015, izvirni znanstveni članek

Opis: This article presents the evolution of the conditions of state aid admissibility to the coal industry, starting with legal regulations within the European Coal and Steel Community, the European Community, and now the European Union. The thesis was formulated that, in connection with the expiry on 31 December 2010 of Council regulation No. 1407/2002, on the basis of which the European Commission allowed aid for the national mining industry in different member states in the period before the onset of the financial and economic crisis, the immediate cause of introduction of the next regulation for mining state aid in the form of Council Decision 2010/787/EU on state aid to facilitate the closure of uncompetitive coal mines was the increasing intensity of the aid for the mining industry in recent years.
Ključne besede: financial and economic crisis, state aid, coal mining sector, legal regulations, the European Union
Objavljeno: 14.11.2017; Ogledov: 165; Prenosov: 11
.pdf Celotno besedilo (297,71 KB)

Safeguarding creditors in the course of simplified reduction of subscribed capital
Gregor Drnovšek, 2015, izvirni znanstveni članek

Opis: The central characteristics of simplified subscribed capital reduction are its very narrow purpose, and a weakened regime of safeguarding of creditors. The main and, frankly, only purpose of the institution is recovery. It is namely most difficult to expect from a distressed company undergoing simplified subscribed capital reduction, which is first and foremost intended for recovery, to safeguard its creditors in the same extent as in the case of ordinary reduction of subscribed capital. The article provides an analysis of the intent and purpose of simplified subscribed capital reduction and the regulations governing the safeguarding of creditors. Using a descriptive method, subject matter analysis, and comparative legal analysis of the issue, the article elaborates on why regulations governing the safeguarding of creditors are too weak with regard to the effects brought forth by this type of subscribed capital reduction and proposes appropriate supplementation and amendments to applicable legislation.
Ključne besede: simplified subscribed capital reduction, safeguarding of creditors, capital inadequacy, payment ban, tied assets
Objavljeno: 14.11.2017; Ogledov: 133; Prenosov: 26
.pdf Celotno besedilo (274,82 KB)

Payment cards
Libena Kantnerová, 2016, izvirni znanstveni članek

Opis: The aim of this paper is to analyze the use of payment cards in retail in the Czech Republic from the side of clients (buyers) and the side of sellers. Questionnaires for clients examine satisfaction with cards and the service connected with them. Sellers’ satisfaction with the profit and function of cards is analyzed. The data indicated that 92% of the 352 respondents in South Bohemia had a payment card and more than 35% had more than one card. In retail, 70% of sellers had a payment terminal.
Ključne besede: payment cards, payment, sellers, payment terminal, users
Objavljeno: 14.11.2017; Ogledov: 102; Prenosov: 16
.pdf Celotno besedilo (784,63 KB)

Nonprofit organizations from the perspective of organizational development and their influence on professionalization
Katalin Dobrai, Ferenc Farkas, 2016, izvirni znanstveni članek

Opis: The aim of this paper is to give an overview of the phenomenon of professionalization that is observable in organizations from the nonprofit sector. Empirical research was conducted among Hungarian nonprofit organizations, and the data were collected within the framework of a country-wide survey. Through the analysis of the research results, the paper provides deeper insights into knowledge about professionalization trends in the nonprofit sector. It proves that organizational development positively impacts nonprofit organizations’ improvement of their professionalization level and the members of these organizations.
Ključne besede: non-profit organizations, organizational development, training, knowledge, trends, research, analysis
Objavljeno: 14.11.2017; Ogledov: 100; Prenosov: 7
.pdf Celotno besedilo (276,51 KB)

Model of determining the stability of retail deposits with higher outflow rates
Aleksandra Murks, 2015, izvirni znanstveni članek

Opis: Retail deposits are treated as one of the cheapest and most stable funding sources for banks, especially for those with high volumes of retail deposits. A bank defines three main categories of retail deposits that are subject to different outflow rates for the purpose of liquidity coverage requirements in reporting and compliance. The outflow rates for the first two main groups are 5% and 10% respectively, but for the third main group the bank calculates its own outflow rates. We analyzed the latter in this paper. Each bank should assign retail deposits to one of the three categories based on the number and type of predetermined risk factors. Risk factors are divided into two groups according to the degree of risk. The paper first describes the legislative framework, followed by the method of calculating higher outflow rates for retail deposits according to the historical movements and the expected volatility assessment in the situation of stress conditions. At the end of the paper, we briefly provide the future treatment of retail deposits with higher outflow rates.
Ključne besede: retail deposits, stability, transactional account, LCR, deposit guarantee scheme, depositors, higher outflow rates, Basel III
Objavljeno: 14.11.2017; Ogledov: 95; Prenosov: 17
.pdf Celotno besedilo (366,09 KB)

Mobile learning usage and preferences of vocational secondary school students
Antun Biloš, Davorin Turkalj, Ivan Kelić, 2017, izvirni znanstveni članek

Opis: The purpose of this paper is to determine the current status of mobile device usage and mobile learning adoption in vocational education and training (VET) secondary schools in three European Union countries (Austria, the Czech Republic, and Germany). The research focused on exploring students’ mobile device usage habits, their attitudes toward education in the context of mobile application support, and preferences regarding mobile learning features. The research confirmed a high level of mobile device usage among secondary school students on a daily basis; smartphones and laptops were the most commonly used devices. The vast majority of participants perceived themselves to be advanced mobile device users, but reported a deficit of ICT-assisted mobile learning experience. However, the majority of respondents with prior ICT-assisted education experience described it as a positive or very positive experience. In addition, study participants tended to agree that mobile learning will play a significant role in education in the future. The paper also explored the reported differences among the students in the three countries and suggested several implications for understanding students’ views of mobile learning. The findings provide insights into possibilities of m-learning implementation while creating a framework for m-learning application development in the VET secondary school environment.
Ključne besede: mobile learning, secondary school education, online teaching, student mobile device usage, m-learning, mobile teaching
Objavljeno: 14.11.2017; Ogledov: 172; Prenosov: 18
.pdf Celotno besedilo (288,01 KB)

Measuring efficiency of nations in multi sport events
Roma Mitra Debnath, Ashish Malhotra, 2015, izvirni znanstveni članek

Opis: This paper used a data envelopment analysis (DEA) to measure the performance of the nations participating in the Commonwealth Games. To increase the consistency of the research, multiple models were employed to validate the result, but the nature of the input and output remained same throughout the paper. The objective of this study was to establish some realistic targets in terms of number of players for all participant countries and evaluations of their performance as well as benchmarks against the most efficient country. This study would help the nations optimize the size of their players to maximize the outcome in terms of the number of medals won in sporting events.
Ključne besede: performance measurement, data envelopment analysis, efficiency, Commonwealth Games
Objavljeno: 13.11.2017; Ogledov: 162; Prenosov: 10
.pdf Celotno besedilo (1,51 MB)

Kalman filter or VAR models to predict unemployment rate in Romania?
Mihaela Simionescu, 2015, izvirni znanstveni članek

Opis: This paper brings to light an economic problem that frequently appears in practice: For the same variable, more alternative forecasts are proposed, yet the decision-making process requires the use of a single prediction. Therefore, a forecast assessment is necessary to select the best prediction. The aim of this research is to propose some strategies for improving the unemployment rate forecast in Romania by conducting a comparative accuracy analysis of unemployment rate forecasts based on two quantitative methods: Kalman filter and vector-auto-regressive (VAR) models. The first method considers the evolution of unemployment components, while the VAR model takes into account the interdependencies between the unemployment rate and the inflation rate. According to the Granger causality test, the inflation rate in the first difference is a cause of the unemployment rate in the first difference, these data sets being stationary. For the unemployment rate forecasts for 2010-2012 in Romania, the VAR models (in all variants of VAR simulations) determined more accurate predictions than Kalman filter based on two state space models for all accuracy measures. According to mean absolute scaled error, the dynamic-stochastic simulations used in predicting unemployment based on the VAR model are the most accurate. Another strategy for improving the initial forecasts based on the Kalman filter used the adjusted unemployment data transformed by the application of the Hodrick-Prescott filter. However, the use of VAR models rather than different variants of the Kalman filter methods remains the best strategy in improving the quality of the unemployment rate forecast in Romania. The explanation of these results is related to the fact that the interaction of unemployment with inflation provides useful information for predictions of the evolution of unemployment related to its components (i.e., natural unemployment and cyclical component).
Ključne besede: forecasts, accuracy, Kalman filter, Hodrick-Prescott filter, VAR models, unemployment rate
Objavljeno: 13.11.2017; Ogledov: 237; Prenosov: 21
.pdf Celotno besedilo (773,07 KB)

Impact of terms-of-trade on Slovakia, the Czech Republic, and Croatia in the short run
Karol Szomolányi, Martin Lukáčik, Adriana Lukáčiková, 2017, izvirni znanstveni članek

Opis: The terms-of-trade shocks are not main source of business cycles in three post-communist countries (i.e., Slovakia, the Czech Republic, and Croatia). The zero or negative reactions of the trade balance in terms-of-trade positive shocks in the countries exhibit the Obstfeld-Svensson-Razin effect, according to which the Harberger-Laursen-Metzler positive effect on terms-of-trade indicates that the smaller the trade balance, the more persistent the terms-of-trade shock is. The conclusions come from the structural vector autoregressive analysis of the cyclical components of terms-of-trade, trade balance, output, consumption, and investment in three post-communist countries.
Ključne besede: innovation, terms-of-trade, business cycle, Slovak economy, Czech economy, Croatian economy, trade balance
Objavljeno: 13.11.2017; Ogledov: 205; Prenosov: 27
.pdf Celotno besedilo (492,14 KB)

Impact of ICTs on innovation activities
Jovana Zoroja, 2016, izvirni znanstveni članek

Opis: The development and usage of information and communication technologies (ICTs) has particularly increased in the last two decades, while at the same time showing great potential to improve the efficacy of business processes, facilitate and drive innovations, and therefore increase competitiveness. Innovation activities represent an important factor for social and economic change as well as for increasing competitive advantages at both the national and firm levels. This paper focuses on the role that ICTs play in the innovation performance of selected European countries. Using data drawn from the Eurostat and Global Competitiveness Index (2007–2011) and panel regression analysis, research results indicate that ICTs have a significant impact on business innovation activities.
Ključne besede: information and communication technology, innovation, business sophistication, competitiveness, European countries, regression analysis
Objavljeno: 13.11.2017; Ogledov: 150; Prenosov: 20
.pdf Celotno besedilo (322,46 KB)

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