Cultural Values and Their Importance for Ethical Codes in Banking Sector

The book fits into a multidisciplinary research approach. The articles are the result of research conducted by eminent international economists, authors representing academic centres in different countries. The articles address current phenomena observed in the global economy. The authors do not aspire to comprehensively explain all the very complex and multi-dimensional economic developments, but illustrate many of these phenomena in an original way. The multi-threaded and multi-dimensional nature of the discussion in particular articles deserves attention. These include theoretical and methodological articles as well as the results of empirical research presented by the authors. The book is addressed to those persons interested in issues of economics, finance, regional economy, and the management sciences. It can be valuable for economic practitioners, members of management and supervisory boards of companies, and financial analysts, and the articles may also be useful for academicians and students.This article is one of the results of an interdisciplinary research project between the Department of Civic Education, University of Ostrava and Department of Economics, VŠB – Technical University of Ostrava. The main goal of this research project is the description of relations between society and ethical codes in companies. The initial phase of the project is focused on the banking sector, because we assume that in this sector is the code of ethics mostly used. The aim of this article is analyzing the banking sector in the Czech Republic, its history and present, ownership structure and identifying bank leaders in the Czech Republic, its ethical codes and consistency with cultural values. The final analysis focusses on economic efficiency and the ethical content analysis of selected entities

The Complex Evaluation of the Impact of COVID-19 Pandemic at Universities: A Soft Computing Approach

The COVID-19 pandemic impacted the educational process since the teaching process has been forced to go online in many countries. This enforced change revealed the weaknesses and strengths of the national educational systems and particular institutions. This article aims to analyse the impact of COVID-19 at selected European universities and assess the satisfaction of students, teachers, IT staff and management. This study is unique for its systematicity and complexity – it aggregates the opinions of all interested groups of stakeholders, distinguishes several time periods (before, during and after the pandemic), and allows the respondents to express hesitance in their evaluation. The evaluation model uses fuzzy sets to capture the uncertainty and to aggregate the opinions of different stakeholder groups. The empirical results show that most of the satisfaction development is the same or similar for all institutions examined. Then, the pandemic strongly influenced the satisfaction of all stakeholder groups at the universities examined. This impact was mostly negative, however, several lessons learnt have been revealed. Therefore, it was shown that it is highly beneficial to include these aspects to obtain a reliable picture of overall satisfaction

Měnový výbor a jeho komparace s tradičním systémem centrálního bankovnictví v procesu rozšiřování eurozóny

Import 20/04/2006Prezenční výpůjčkaVŠB - Technická univerzita Ostrava. Ekonomická fakulta. Katedra (156) národohospodářsk

Global Imbalances

Import 27/01/2012Disertační práce je zaměřena na problematiku globální nerovnováhy. Téma práce vyplynulo především z aktuálnosti problému, kdy neřešená, prohlubující se globální nerovnováha může způsobovat řadu makroekonomických poruch, které se díky globálním finančním trhům stávají celosvětovým problémem. Globální nerovnováha je definována jako: vnější pozice systémově důležitých ekonomik, které zobrazují distorze nebo znamenají rizika pro globální ekonomiku. Hlavním cílem disertační práce je identifikace hlavních faktorů, které ovlivňují vnější nerovnováhy vybraných ekonomik, a tím i nerovnováhy globální, v současném mezinárodním a obchodním uspořádání. Tyto faktory budou identifikovány pro Spojené státy americké (zemi s největším deficitem běžného účtu platební bilance) a Čínu (zemi s největšími přebytky běžného účtu platební bilance). V disertační práci je nejprve vymezen teoretický rámec zkoumané problematiky, zahrnující definici základních pojmů, historii globální nerovnováhy, příčiny vzniku a důvody pro sledování globální nerovnováhy. V analytické části je provedena rešerše několika studií zabývajících se analýzou globální nerovnováhy a je provedena korelační analýza mezi vysvětlujícími proměnnými (vybrané determinanty na základě analýz primárních a sekundárních pramenů) a vysvětlovanými proměnnými (běžným účtem platební bilance, respektive čistou investiční pozicí vybraných ekonomik). Na základě této analýzy jsou identifikovány faktory, které nejvíce ovlivňují vysvětlované proměnné. Na základě teoretické a analytické části jsou navržena doporučení pro hospodářskou politiku jednotlivých zemí, která by měla vést ke snižování vnější nerovnováhy těchto zemí a tím i globální nerovnováhy. Výsledkem disertační práce je sumarizace a systematizace dosavadních poznatků, identifikace faktorů ovlivňujících vnější nerovnováhu vybraných ekonomik a doporučení pro hospodářskou politiku těchto zemí vedoucí ke snižování globální nerovnováhy ve světě.The Ph.D. thesis is focused on global imbalances. Theme of the thesis resulted primarily from the current problem: an unsolved and growing global imbalance can cause a range of macroeconomic disturbances that, due to global financial markets, are becoming a global problem. The global imbalance is defined as the external positions of systemically important economies, which show the distortion or pose risks for the global economy. The aim of the thesis is to identify the major factors that influence the external imbalances of the selected economies, and thus the global imbalances in current international and business arrangements. These factors will be identified for the United States of America (the country with the largest current account deficit of balance of payments) and China (the country with the largest surpluses of current account). At first a theoretical framework of analyzed issues is defined in the thesis including the definition of basic terms, a history of global imbalances, causes of and reasons for monitoring the global imbalances. The analytical part consists of several research studies dealing with analysis of global imbalances. Further a correlation analysis is performed between the explanatory variables (determinants selected based on analysis of primary and secondary sources) and dependent variables (a current account balance, or a net investment position of selected economies). Based on this analysis, factors that most influence the dependent variables are identified. Based on theoretical and analytical parts recommendations for economic policy of individual countries are proposed, which should lead to reducing of external imbalances in these countries and thus reducing the global imbalances. The result of the thesis is the summarization and the systematization of existing knowledge, identification of factors affecting the external imbalance of selected economies and recommendations for economic policy of these countries leading to the reduction of global imbalances in the world.Prezenční114 - Katedra ekonomievyhově

Did the quality of digital communication skills in education improve after the pandemic? Evidence from HEIs

In the global transition, digital technologies are perceived as important drivers of change. Contemporary IT technologies help to enhance the productivity and efficiency of numerous systems on the way to achieving sustainable development goals. Wider use of digital communication tools in HEIs (higher education institutions) can reduce inequalities and increase inclusiveness of tertiary education. In this paper, we present the results of exploratory research aimed at assessing whether COVID-19 has improved digital communication skills in higher education. We revised the quality of digital direct and indirect communication skills between students and teachers (both ways), by referring to the level of satisfaction of both sides of digital communication (teachers and students). The results indicate that there is a statistically significant improvement in the quality of digital communication skills, in particular, if we compare the position of both students and teachers after the pandemic, relative to the pre-COVID-19 pandemic period. Our investigation confirms that COVID-19 was a shock that enhanced the improvement of digital communication skills in higher education, and the pandemic experience had a positive impact on the more efficient use of digital education technologies.Web of Science1515art. no. 1187