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1

The LMX Method in Organisational Relation Research

100%
Grodzicki J.
Pieniądze i Więź
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2005
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vol. 8
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issue 4(29)
146-150
EN
As human resource management becomes more of an international topic with the number of multinational corporations growing, the goal of creating better Organisational Behaviour methods gains importance. This article conceptualises and analyses the model of Leader-Member Exchange (LMX). LMX theory describes the role making process between a supervisor (leader) and an individual subordinate (member). An employee's membership in a supervisor's in-group or out-group has bearing on the quality of the relationship between the leader and the member influencing employee performance. High quality relationship with supervisor is reflected in employee's attitude to work and results in fewer employment problems. A key component of high quality leader-member exchange appears to be the development of inter-personal trust that goes beyond the formal employment contract. On the basis of initial interactions the leader judges the quality of exchange and determines the level of delegation in the exchanges. The findings suggest that in the modern company the concept of organisational relations should be considered in more expansive terms.
2
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EFFECTS OF MULTINATIONAL CORPORATION (MNC) PENETRATION ON THE GLOBAL POLITICAL ECONOMY. RE-ANALYSIS OF THE RECURRENT SOCIOLOGICAL PROPOSITION WITH CONTEMPORARY DATA

75%
Tausch A., Heshmati A.
Sociológia (Sociology)
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2012
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vol. 44
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issue 3
314 – 347
EN
In this essay we reconsider the effects of direct foreign investments on the host countries around the globe. A number of sociological analyses (Bandelji 2009; Mahutga – Bandelji 2008), already applied such a question to Central and Eastern Europe (CEE): Is the growing penetration of host countries of multinational investment heralding the promised gains of stable economic growth and social cohesion, or is social polarization around the corner instead? In our re-analysis with contemporary data of one of the most influential essays ever published in the international sociology (Bornschier – Chase-Dunn – Rubinson 1978), which predicted that direct foreign investment would increase economic inequality and that it would have a short-term dynamic, but a long-term stagnation effect on the economic growth of the host countries (Bornschier – Chase-Dunn – Rubinson 1978: 651), we re-confirm the main thrust of the sceptical hypotheses on multinational corporation (MNC) penetration. We also show that on the global level and in the 183 countries analysed there is indeed a very strong connection between foreign capital penetration in the mid-1990s on the one hand and rising inequality, deficient life expectancy, rising unemployment, and a deficient under five mortality rate in the first decade of the new Millennium on the other. Economic growth in the contemporary period (2010) is also being determined negatively by the long-term effects of multinational corporation penetration in the mid-1990s, while in the period between 1990 and 2005 the effect was positive. Thus we confirm that the approach, established by Bandelji 2009 and Mahutga and Bandelji 2008, is a valid one, and can be generalized on a global level.
3

INTERNATIONAL INVESTMENT ARBITRATION AND BILATERAL TREATIES ON PROMOTION AND PROTECTION OF FOREIGN INVESTMENTS (Medzinarodna arbitraz investicnych sporov a dvojstranne dohody o ochrane investicii)

75%
Chovancova K.
Právny obzor. Teoretický časopis pre otázky štátu a práva (Juridical Review. Theoretical journal for the questions of state and law)
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2009
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vol. 92
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issue 5
437-456
EN
Direct foreign investments create an inseparable part of international economy. The core of all 'FDIs' lies in the transfer of foreign investor's both tangible and intangible assets from one country to another country with the aim of use of these assets in a host state, while bearing in mind the main goal to gain the profit. Simultaneously, the owner of the FDI will retain the whole or at least the partial control over transferred assets, located in the host state. The article submitted focuses on a small aspect of the puzzle of how the international investment arbitration interacts with bilateral investment treaties, or so called 'BITs'. Specifically, it will consider the development as well as the current position of BITs while focusing on one of the most important BIT's provision, namely, the settlement of investment disputes. First, the article provides a background on the definition of foreign investments together with the short characteristics of the foreign investment under the rules that have crystallized over the years. Secondly, the article will address an issue of risk in foreign investments, spreading before the reader several categories of risk investors have to cope up with when investing abroad. The article then analyses the issue of the state's responsibility when actively participating in international trade, dividing between public acts of the state and its purely commercial and private acts. After defining an international investment dispute, the article then incorporates basic features of investment arbitration, stressing out the complicated matter of the state's capability to be the party in the arbitration agreement. The article then gathers the basic characteristics of the BITs, going back awhile to the era of the first FCN concluded in the USA, continuing with the description of modern BITs. In addition, the article ultimately comments on the current controversial doctrines regarding the role of the BITs in international investment and the progress of less developed host states. Finally, it develops a model formula, laying down the circle of interconnected relationships between multinational corporations, foreign direct investments, the international investment arbitration and the international public law. At the very end, the article suggests a reasonably considered role of the BITs and its influence on the international foreign investment law.
4

GLOBALIZÁCIA A TRANSFEROVÉ OCEŇOVANIE VÝKONOV V NADNÁRODNÝCH SPOLOČNOSTIACH NA SLOVENSKU A V KRAJINÁCH OECD – ANALYTICKÁ ŠTÚDIA A ROZHODOVACÍ MODEL PRE VOĽBU OPTIMÁLNEJ METÓDY

75%
Rajnoha R., Slivková D., Dobrovič J.
Ekonomický časopis (Journal of Economics)
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2014
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vol. 62
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issue 6
609 – 630
EN
Globalization as an economic process progresses further and its negative effects are manifested in excessive profit shifting from their countries of origin do tax havens. Recently on this problem notes OECD and in the world economy a noted authority, who in his address effectively see also a key factor in the overall recovery and stabilization of the world economy and the elimination of macroeconomic imbalances. Transfer pricing appear to be an appropriate solution to this global economic problem. In the article we analyse transfer pricing methods for depending transactions from the perspective of economic theory as well as in terms of the legislative framework and methodological procedures applied on transfer pricing in selected OECD countries. We propose a generally applicable decision-making model for selecting the optimal transfer pricing method for each type of dependent transactions, which we verified in terms of selected economic aspects of optimization within a multinational enterprise.
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