Transnational Corporations in the Global World Economic Environment

Kordoš, Marcel; Vojtovič, Sergej

doi:10.1016/j.sbspro.2016.09.019

Cited by 43 publications

(27 citation statements)

References 3 publications

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“…Labour is one of the most important production factors because it contributes to the economic growth of a state or region (Androniceanu & Ohanyan, 2016;Simionescu et al, 2016;Cyrek, 2017;Ohanyan & Androniceanu, 2017;Sanusi, et al, 2017). According to Kordoš & Vojtovič (2016), it is being estimated that supranational organizations directly employ 4% of total employment in developed countries and 12% of all employees in developing countries. The accession of the Slovak Republic and the Czech Republic to EU but also important reforms that both countries had to undertake in the first half of this decade along with the world economic boom have brought a significant inflow of foreign direct investments into these countries.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Regional Differences in the Labour Market in Slovakia and the Czech Republic

Koišová¹,

Masárová²,

Habánik³

2018

JOC

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At present, Slovakia and the Czech Republic are experiencing favourable economic conditions. The socioeconomic development in regions in the country except a new created product is also affected by labour market factors, employment and average salary. This paper assesses and compares the development trends in employment and average wages in the regions of Slovakia and the Czech Republic, and defines development differences over a selected time period: 2007-2016. We used statistical indicators to monitor the observed phenomenon variability by means of setting the minimum, maximum and average variation ranges and coefficients. To set a position, from descriptive characteristics a simple arithmetic mean was used. From the results of the analyses, it can be seen that significant regional differences exist in the Czech and Slovak labour markets due to different primary potentials, different possibilities of development, economic structures, demographic differences and levels of infrastructure. The situation in the Czech labour market is better than in Slovakia, and the differences among regions are smaller in the Czech Republic. For the particular regions, we chose territorial units at the NUTS III level.

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Section: Theoretical Backgroundmentioning

confidence: 99%

Regional Differences in the Labour Market in Slovakia and the Czech Republic

Koišová¹,

Masárová²,

Habánik³

2018

JOC

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“…We have to understand, that also technology has become internationalized (Kordos & Vojtovic, 2016), so employers need high-skilled workforce, because, as Mura, Haviernikova and Machova (2017), Haviernikova et al (2018) mention, the changes in economic globalization and development of different countries in recent decades have modified the ways and forms of doing business. Employability is predominantly conceptualized as the skills and personal attributes considered important by industry and needed by graduates in order to secure employment.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Determinants of Economic Development and Employability of Higher Education Institutions Graduates

Krajňáková

Pilinkienė²,

Bulko

2020

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The scope of the data presented in this study offers a comprehensive view of the issue of the HEI graduates employability in the Czech Republic and also in the Slovak Republic – related to determinants of economic development and their impact on them. This paper examines the impact of gross domestic product, gross domestic expenditure on research and experimental development by only higher education sector and foreign direct investment on HEI graduates employability. The results indicate that correlation between unemployment of tertiary educated Slovaks and GDP, GERD and FDI values was very big. Correlation relationship of similar determinants, except determinant GERD in conditions of the Czech Republic was characterized as weak. On the other hand, significantly stronger (very big to perfect) correlation affecting employment of tertiary educated Czechs regarding to indicators of gross domestic product, gross domestic expenditure on research and experimental development by sector of higher education and foreign direct investments as well. In conditions of the Slovak Republic, correlation relationship between employment of tertiary educated Slovaks and GDP was almost perfect.

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“…This can be seen in our cases, where NGOs often brought suspicion and mounted pressure on business without considering the needs of business to adjusting their operations and learn from past mistakes. One needs to be aware that business becomes pro-active in their participation for sustainability governance if they perceive the initiatives are fair, and offer sufficient benefit, such as distinguishing themselves from competitors, providing access to markets, or anticipating regulatory change (Rondinelli and Berry 2000;Abbott 2012;Kordos and Vojtovic 2016). On the one hand, an awareness of business limitations does not need to limit the scope of commitment for improving sustainability.…”

Section: Business Implicationsmentioning

confidence: 99%