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1

Bariery ksztaltowania kapitalu ludzkiego

100%
Krochmal J., Staniewski M.
Contemporary Economics
|
2010
|
issue 4(16)
231-247
EN
Nowadays, in the age of the economy focused on knowledge and science, the process of formation and development of the employees is considered as a very important investment, inspiration and a tool to efficiency creating, success and first of all, the strategic potential of the company. Indeed, it is people who are the key and the path to success and on them, the strength, the power and the success of any business should be built. The aim of this elaboration is to highlight and emphasize the importance of investment in human capital and show fluctuations, as one of the barriers that can disrupt this development, what in general also may be caused by lack of adequate systems of employees' motivation.
2

CAN A SOUTH EAST EUROPEAN COUNTRY HAVE ASTRONG CURRENCY? ALBANIA CASE.

100%
Kotorri A., Korbi A.
Contemporary Economics
|
2009
|
issue 1(9)
43-52
EN
The dilemma which is presented in this article is connected with problem of excessive for a currency. The discussion is based on South Eastern European country case, which is the Albania and its currency - Lek. This currency has a very low marketability outside Albania and a pretty short history in the currency exchange market, during which it had experienced high fluctuations. But we should accept that after the 2000's, our national currency began to reach relatively constant ratios with the main currencies on the exchange market. This stability has fulfilled the normalization picture of the macroeconomic parameters, which were so much unstable during the fast essential changes that happened in the first years of transition. In this article we will try to present the real position of the Albanian currency in the Albanian exchange market.
3

Fluktuace a vztahy s verejnosti

88%
Kupec V.
Communication Today
|
2010
|
vol. 1
|
issue 1
133-142
EN
The paper deals with connections between the fluctuation rate and public relations and the aim is to analyze them thoroughly. After the preliminary theoretical analysis of these problems and with contribution of knowledge not only from the field of management, psychology, personnel management and marketing, the main interest lies in fulfilling the setting. That is to record concrete facts which take place in relationship chain: management, employees and external environment, with the help of specialized methods intended for observing of ongoing in-house processes in the company. The collated information were summarized and presented as the results of this study, adverting to definite interconnection between fluctuation and relationships with public. To be specific, the results explain the processes where employees and their loyalty to their employers might be one of the main communication channels in PR companies. Moreover, in practice, the described findings have fundamental influence on final economic achievement of particular companies. In its conclusion, the article offers a recommendation showing the necessity to use appropriate management access when dealing with these problems, because the fluctuation rate goes far beyond the internal environment of the company.
4
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Fuzje i przejęcia w światowym sektorze rolno-żywnościowym na tle wahan koniunktury gospodarczej

75%
Figiel S., Kufel J.
Zagadnienia Ekonomiki Rolnej
|
2013
|
issue 3(336)
3-24
EN
The intensity of business mergers and acquisitions changes over time. Theoretically, com¬petitive firms constantly seek for ways to grow mainly due to expected economies of scale and scope. In the paper we discuss various aspects of business mergers and acquisitions in the context of market concentration. We also highlight the issue of symptoms and causes of fluc¬tuations in economic activity. Using data for the period of 2000-2012 we analyse the value of the overall business mergers and acquisitions in connection with the world economic growth and selected stock market indexes. Next, we focus on the world agro-food sector and test the hypothesis that the number and value of mergers and acquisitions in this sector were related to the business cycle fluctuations observed in the period of 2000-2010. Firstly, the results of our research show that both merger and acquisition transactions carried out in the agro-food sector had largely inter-branch or, at the most, inter-sectorial character. Secondly, a positive relationship between fluctuations in economic activity in the world agro-food sector and the intensity of mergers and acquisitions was found, especially regarding the value of those transactions, what means that economic recovery facilitates concentration processes. Thirdly, the observed connection between the directions of changes in the merger and acquisition activities and the changes in stock market indexes seems to be determined by the situation on the capital markets.
5

EXCHANGE RATE EFFECTS IN A GLOBALIZED ECONOMY: EVIDENCE FROM THE CZECH REPUBLIC

63%
Novotný F.
Ekonomický časopis (Journal of Economics)
|
2011
|
vol. 59
|
issue 6
636 – 646
EN
The effects of nominal exchange rate fluctuations on profitability of domestic private firms and foreign-owned firms which operate in the Czech Republic are separately examined in the period from 1998 to 2006. The author finds out that exchange rate changes have diverse effects on the two sectors. Specifically, domestic private firms absorb exchange rate changes in their profit margins while foreign-owned firms are resistant against exchange rate changes. He ascribes the resistance of foreign-owned firms to transfer pricing strategies of multinationals. One determinant of a multinational company price strategy is different taxation in countries of its operation. That is the reason for concentration of gross profits in low taxed countries by manipulating intra-firm prices. As a result these optimization strategies have adverse effects on a macroeconomic level causing ineffectiveness of the exchange rate adjustment mechanism and distortions in both foreign trade and GDP statistics.
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