15 research outputs found

    Možnosti sledování trendu ve zpoplatnění základních bankovních služeb

    Get PDF
    Příspěvek se zabývá problematikou klientských nákladů („poplatků“) spojených s užíváním účtů fyzických osob a celkovou nepřehledností v sazebnících jednotlivých bank. Na základě dat z Kalkulátoru bankovních poplatků bude provedena analýza získaných dat a vypočteny Klientské a Bankovní indexy. U 45 účtů vedených 21 bankami v České republice budou sledovány a porovnávány výše jejich poplatků. Cílem příspěvku je ukázat na potřebu neustálé nutnosti se informovat o nákladech na vedení svého účtu a konkurenčních produktech. Na základě praktické aplikace je zde nastíněna možnost, jak sledovat aktuální vývoj v nákladech na vedení účtů jednotlivých bank

    Doing Business in the Countries of Visegrad Group

    Get PDF
    AbstractEntrepreneurial activity and business environment are two of the closely watched areas. World Economic Forum makes comparison of the countries all over the world in the Doing Business. Nowadays are involved 189 countries into the overall evaluation. The article proposes to describe the Ease of Doing Business in the Czech Republic and countries from the Visegrad Group. We will concretely focus on Starting of Business and Paying taxes. The first part of the article contains the description of indexes Starting of Business and Paying taxes. Main part and goal of the article is devoted to the results of the development in the evaluation in the Czech Republic and countries from the Visegrad Group. Those two indexes have the impact on business entities in starting of the business and on the economic situation. The article is based on results the Doing business report from World Bank Group, other professional sources and knowledge of the initial state. Czech Republic is in the compared states on the last place with sub indexes Starting a business and also Paying taxes. Differences in ratings of countries from the Visegrad Group are not considerable, only Starting a business is better in Hungary

    Analysis of Key Macroeconomic Indicators and Their Relationship to Unemployment in the Czech Republic

    Get PDF
    The Czech Republic boasts one of the lowest unemployment rates in the European Union, indicating a demand-supply imbalance in the labour market. This situation has implications for other labour market-related variables, such as nominal wages and labour productivity. In 2021, there was a significant increase in the inflation rate, reaching 15.1%. This development also impacted the trajectory of real wages. This article uses statistical analysis to predict the future economic trends of essential macroeconomic indicators related to the labour market. The dependence of individual variables on the unemployment rate will be determined through correlation analysis. Additionally, the study aims to assess the degree of independence between the unemployment rate and selected economic indicators, including nominal wages, labour productivity, real wages, and inflation. Future developments will be forecasted based on linear time series regression models for each examined variable. The statistical results will be economically interpreted in light of the current economic situation. Overall, the results of the correlation analysis indicate a significant statistical relationship between unemployment and nominal wages, suggesting a strong negative correlation between these variables. This finding aligns with macroeconomic expectations that an increase in unemployment leads to a decrease in the rate of nominal wage growth. The correlation analysis between unemployment and inflation reveals a moderate indication of a negative relationship between the two variables. However, the correlation analysis between unemployment and labour productivity and between unemployment and real wages indicates weak and insufficient evidence of any significant relationship between these variables. Therefore, further analyses and consideration of additional factors are necessary to obtain a more comprehensive and reliable understanding of these relationships

    Performance evaluation framework under the influence of industry 4.0: the case of the Czech manufacturing industry

    Get PDF
    The current economic situation creates general pressure to increase performance. Any inefficient use of production factors will lead to problems and long-term economic unsustainability in many industries. The effects of the Covid-19 pandemic will also have a negative impact on all sectors of the economy and the faster onset of the fourth industrial revolution. The article, therefore, proposes a new framework for the performance evaluation of the manufacturing industry, which is based on the composite performance indicator. This indicator is obtained by a cross-sectoral comparison of all sub-key performance indicators. Using cluster analysis and analysis of variance, a total of 6 indicators to evaluate performance in the manufacturing industry were selected as statistically significant. The added value of the whole concept is its direct independence on the economic situation, which eliminates short-term economic oscillations that would be reflected in classical methods of performance evaluation otherwise. The results show that some industries are more efficient in the long run due to their effective investments in the capital, which replaces the labour factor and creates room for the realization of relatively higher profits. By contrast, some sectors, despite high investments, do not achieve the desired level of performance – these investments are not efficient or they are complementary to the labour factor, thus denying the principles of Industry 4.0. It thus creates preconditions for increasing dependence on external factors and, at the same time, makes the given sectors in a freely competitive environment economically unsustainable in the long run

    The Use of the Social Networks by Elderly People in the Czech Republic and Other Countries V4

    No full text
    Part 1: Adoption of Smart ServicesInternational audienceIn the article we will focus on the elderly people in the connection with the utilization of social networks in the Czech Republic, countries of Visegrad Group and the EU 28. Individuals use social networks for sharing materials, photos or videos, communication or posting messages. Very important is also a topic of social isolation that will be discussed in the article. The results of the statistics show that the share of seniors in the Czech Republic has an increasing trend. The utilization of social networks by elderly people has in the Czech Republic also increasing trend except for the second quarter of the 2015 year when a slight decrease was recorded. In comparison with other countries from Visegrad group and the EU 28 the Czech Republic reached lower results in the utilization of social networks. In two evaluated criteria from three the Czech Republic was comparable to Poland. The age groups show that with increasing age there is a declining trend for the use of social networks. 10.1% of the population from 55 to 64 years and 3.3% of the population over 65 use social networks in the second quarter of 2015. Data show that almost half of the elderly people that use social networks get connected almost every day

    Factors Determining Optimal Social Media Network Portfolio for Accounting Firms: The Case of the Czech Republic

    No full text
    International audienceOver the last few years, online social networks have experienced exponential growth in both profile registrations and social interactions. They are widely used in the personal life but also in the business. The goal of the article is to state the most often used accounting software and their producers in the connection with use of social networks by producers of accounting software in the Czech Republic. The sub-goal is to present records gained from Socialbakers focused on the evolution of fans on Facebook and how a company decides on the use of the optimal mix of platforms. Classification of social networks, social media and accounting software are solved and shortly described at the first theoretical part. Main producers of accounting software and analysis of social networks that are used by producers of accounting software are presented in the main part of the article. It is also analyzed whether producers of accounting software have direct links from web pages on the selected social networks. The last part is devoted to selected social networks and how to use it in the companies producing accounting software. Selected topic is up-to-date and it is not often solved in the literature. The topic is important to the professional public. It was founded that most often used social network by producers of accounting software are Facebook, YouTube and Twitter. The links from web pages are often used also in the connection with Google+. All companies do not put links on the used social networks

    Benefits of KPIS for industry sector evaluation: the case study from the Czech republic

    Get PDF
    Currently, there is a fourth Industrial Revolution known as Industry 4.0. This industrialization is characterized by structural changes in the substitution of labour by new technologies and capital. The paper focuses on the industrial sector, which is dominant in the Czech Republic and has a signifi cant contribution to GDP and value added. It describes the current economic situation in Czech Republic and in European Union. Many companies use absolute indicators (such as sales, profi ts, ...) or fi nancial indicators (such as asset turnover, return on assets, ...) to evaluate their performance and effi ciency. A Performance Indicator or Key Performance Indicator (KPI) is a term used by industry or professionals for assessing or type of performance measurement. The aim of the paper is to critically assess the performance evaluation of individual industries based on the absolute monitored indicators compared to the key performance indicators (KPIs). The paper contains a proposal for a KPIs system that would allow performance assessments of industry sectors, including a correlation analysis of these indicators, to allow for long-term relations. Therefore, it is possible to evaluate the performance of individual industry sectors by means of their aid. At the same time, KPI provides suffi cient information on whether to invest more in individual industrial sectors and replace human work by modern technologies or, on the contrary, whether these investments bring no added value and that it is therefore appropriate to stop them and leave this sector to other (more competitive) countries. KPI indicators gain in importance in Industry 4.0. Primary and secondary sources were used in the processing of the article

    Mortgage Loans and Impacts of the Global Pandemic COVID-19 in the Globalized Society

    No full text
    Research background: The paper is focused on the financial product, esp. on mortgage loans that are often used products in the field of long-term financing in the Czech Republic. These products provide commercial banks and other financial institutions on the Czech globalized financial market. Purpose of the article: The aim of the paper is to analyze the situation on the globalized financial market focused on the mortgage loans and loans from building societies in view of the global Covid-19 pandemic. Methods: Firstly a theoretical background with a review of the literature is provided, then research methodology is described, the key part brings results of development of mortgage loans, development of interest rates and the analysis of the current situation on the mortgage loan market with estimation of future development. The last part is focused on the comparison of selected mortgage loans provided by five financial institution. The article is based on primary and secondary sources. A detailed research together with the analysis and critical assessment of accessible materials will enable to identify the main objectives in the field of study. Findings & Value added: Interest rates on mortgage loans have on the Czech market downward trend in the last years. The best conditions scored in 2019 loan from building society Modrá pyramida. The overall situation in 2020 cause lower interest rates in the mortgage loans. Lower annual percentage rate of charge and smaller monthly mortgage loan repayment and the total overpayment also correspond

    The Use of Internet and Mobile Banking in the Czech Republic

    No full text
    International audienceInternet and mobile banking is becoming more important worldwide. New technologies have huge impact for the introduction of new functionalities in both internet and mobile banking. Growth of Internet users and smartphones also has an impact on this growth. The Czech Republic was using internet banking above the European Union average in 2017. In the European Union 51% of individuals used internet banking and 57% of individuals in the Czech Republic. The main aim of the article is to analyze the situation in the use of internet banking in the Czech Republic by the number and percentage of individuals and by age, gender and education. The second part of the article is focused on the analysis of ten banks with the largest number of clients in the Czech Republic, where they analyze the latest and most needed features of their mobile banking from the client and expert juries perspective. The article uses primary and secondary data

    Cluster analysis of the demand side of the retail core banking services market

    No full text
    This paper is focused on the retail core banking services market. The demand side of this market is affected by the negative effects of the information asymmetry. European Union authorities are aware of that as they monitor the situation as well as they set out possible solutions that should reduce the main sources of asymmetry – offer opacity and the lack of offer comparison tools. In the Czech Republic there was introduced independent comparison tool project in the 2010. This system’s database holds more than 15,000 answers about the day-to-day usage. This serves as a data source for our analysis. The aim is to classify the Czech working age e-banking clients, i.e. to identify basic retail core banking services usage patterns. As preparations there were performed verification-validation phase, logarithmical transformation and dimension reduction by principal component analysis. The two-step cluster analysis was performed on 8,549 members classified by 19 variables concerning the type of the service, moth usage frequency or average amount of mo- ney, communication channel used to order the service and the bank the money were transferred to. Analysis indentified as an optimal number of clusters 3. There were identified mainstream client, more active client and the client with the “at the desk” preference. Sub-optimal, but still accepta- ble, solution was consisted of 4 clusters: mainstream client with his or hers own bank preference, mainstream client with other bank preference, less active client and “at the desk” preference cli- ent. Identified clusters don’t just describe the demand side as standard marketing research output but they can be used again as an information asymmetry reduction tool
    corecore