Globalization and its Socio-Economic Consequences 2024 – Volume I

Kliestik, Tomas; Nica, Elvira

Globalization and its Socio-Economic Consequences 2024 – Volume I

The 24th International Scientific Conference

by Tomas Kliestik (Volume editor) Elvira Nica (Volume editor)

Law, Economics & Management

Summary

This book is a selection of papers from the 2024 International Scientific Conference “Globalization and its Socio-Economic Consequences,” held in Rajecké Teplice, Slovakia. It explores the effects of globalisation on economic, social, and cultural structures, addressing both opportunities and challenges. The publication covers a range of topics, including Industry 4.0, digital economies, innovation, economic sustainability, and behavioural economics. Its aim is to foster interdisciplinary dialogue by bringing together contributions from academics, researchers, and industry professionals. This book provides valuable insights into the dynamics of globalisation, making it a valuable resource for those seeking to navigate the complexities of the evolving global landscape.

Excerpt

Cover
Half-Title Page
Title Page
Copyright Page
Table of Contents
List of Figures
List of Tables
Digital Transformation in Faculty Performance Evaluation: A Comparative Analysis of Private and Public Universities (Alice AlAkoum, Elvira Nica, Mohammad Abiad and Oana Matilda Sabie)
The Russian Financial System and its Path to Sovereignty and Sustainability (Armen Altunyan, Tatiana Kotcofana and Asadulla Asadullaev)
Analysis of the Diffusion of ERP Systems in the EU and U.S. Using ChatGPT Technology and Prediction of Technological Data Stored in the ERP System of a Manufacturing Company Using Artificial Neural Networks (Tomas Barcak, Radim Dolak and Zdenek Franek)
Globalisation and Corporate Profitability: Examining Foreign-Owned Automotive Companies in Slovakia (Roman Blazek)
The Impact of Artificial Intelligence on Military Strategy: Shaping Forces and Adaptations in a Globalised World (Dumitru Alexandru Bodislav, Florina Bran, Cristina Dima and Liviu Purcărea)
Economic Implications of Political Polarisation: The Impact of Radical Ideologies on Globalisation (Florina Bran, Dumitru Alexandru Bodislav, Mădălina Ioana Moncea, and Răzvan Marian Pîrcălăbescu)
Multinational Corporations in the Context of Globalisation (Ovidiu Andrei Cristian Buzoianu, Catalin Razvan Dobrea, Oana Camelia Iacob Pargaru and Madalina Ioana Moncea)
Crude Oil Market Fundamentals: Are Speculators in Control of Oil Prices? (Rebeca Cepelova and Tomas Kliestik)
Flexible Forms of Employment: An Analysis of Preferences Based on Demographic Characteristics of Employees (Jana Coculova, Nella Svetozarovova and Simona Balogova)
General Trends in the Development of the Russian Manufacturing Industry During Periods of Global Recessions (Based on the Example of the North-Western Federal District) (Victor V. Dengov, Irina R. Tulyakova and Andrèy S. Pisarev)
E-learning System and Cloud (Mihai Dinu, Maria Loredana Popescu, Victor Marian Dumitrache and Loredana Nicoletta Mega)
Globalisation – A Problem of Our Days (Florin Dobre, Mihai Dinu, Victor Marian Dumitrache, and Loredana Nicoletta Mega)
Country Risk – Between Liberalisation and Globalisation of Markets (Catalin Razvan Dobrea, Oana Camelia Iacob Pargaru, Ovidiu Andrei Cristian Buzoianu and Vicentiu Mihai Mateescu)
Enterprise Resource Planning (ERP) Systems and Its Role for Decision-making Processes Within Global Companies (Radim Dolak, Tomas Barcak, Petr Suchanek and Milena Janakova)
Innovative Global Approaches to Digital Marketing Communication in Small and Medium-sized Towns: An Analysis of Trends and Strategies (Alexandra Ďurovová and Denisa Jánošová)
Assessment of Tax Revenue Related to Environmental Taxes and Fees in Slovakia (Alexandra Ferenczi Vaňová, Renáta Krajčírová, Tomáš Tóth, Jana Hinke and Dana Országhová)
Implementation of the Internet of Things (IoT): A Systematic Literature Review (Marcel Figura)
The Future of Corporate Finance: RAG and Its Impact on Financial Processes (Katarína Frajtová Michalíková, Ján Dvorský and Peter Seemann)
Exploring the Impact of ESG Scores on Corporate Financial Performance: A Bibliometric Analysis Using Web of Science (Dominika Gajdosikova and Simona Vojtekova)
Impact of Technological Changes and Innovation on the Global Labour Market Development (Dagmar Halová, Adam Pawliczek and Ondřej Balek)
Analysis of the Level of Digitalisation of EU Companies in Relation to the Performance of the Economy (Jarmila Horváthová, Martina Mokrišová and Polina Orikhan)
Influence of Globalisation on Youth Radicalisation and Violent Extremism in the Slovak Republic (Samuel Hubočan and Viktor Šoltés)
Foreign Direct Investments and Their Support in Žilina Region (Lenka Hvolková and Radoslav Kožiak)
Towards the Progress of Countries Through the Global Innovation Indices: Comparison of the Most Powerful Economies With the Slovak Republic (Denis Juracka)
The Perceived Benefits of Smart Services Providing by Electro Engineering SME’S in Czechia (Veronika Bumberová and Lucie Kaňovská)
Investments in Industry 4.0 (Sandra Kasparova and Ondrej Peclinovsky)
SMEs and Their Financing in Slovakia in the Process of Globalisation (Eva Kicova, Olga Ponisciakova and Zuzana Rosnerova)
Tools and Economic and Social Impacts of Digitisation in the Selected Sector of the Economy (Erika Kovalova)
Challenges and Limitations in the Use of Social Media for Marketing Communication in Educational Institutions (Peter Krajcovic)
Comprehensive Review of Scientific Studies on Corporate Solvency (Pavol Kral and Katarina Janoskova)
The Role and Use of Eye-Tracking in Consumer Purchasing Behaviour Research: A Comprehensive Study (Lenka Kralova, Stefan Kral, Richard Fedorko and Jakub Horvath)
The Legal Instrument of the Minimal Corporate Tax in Slovakia (Katarina Kramarova)
AI Innovation as a Tool to Help Healthcare Facilities (Matej Kubak and Jaroslav Bednarik)
Digitalisation and the Eco-User in a Global World: A Bibliometric Analysis (Michal Kubovics and Anna Zauskova)
Identification of Factors Affecting the Choice of Mortgage Loan and Their Evaluation by TOPSIS Method (Veronika Labosova, Katarina Frajtova Michalikova, and Lucia Svabova)
Using the S&P 500 as a Mutual Fund Benchmark (Iva Lorencova and Jan Vokoun)
Evaluation of Development Projects in Terms of Financial Externalities (Jiri Maska and Tereza Probostova)
Relationship Between Brent Crude Oil Price and Diesel Price (Tereza Matasova and Jakub Dalihod)
Artificial Intelligence of Logistics in Global Environment (Branislav Micieta, Vladimira Binasova, Jana Stofkova and Tomas Balala)
Risk of Bankruptcy and Financial Distress in View of Corporate Life Cycle. Case Study of Manufacturing Industry (Lucia Michalkova)
Impact of Globalisation and Digitalisation on Eco-Minded Consumers (Renata Miklencicova and Denisa Kralovicova)
Financial Performance of “Offline” Game Producers in Connection to Educational Opportunity in Europe (Frantisek Milichovsky and Pavel Mracek)
Industry 4.0 as a Global Tool for Increasing the Exported Added Value of the Slovakia (Marek Nagy)
Cognitive Skills Training App in Reminiscence Therapy (Jan Panus and Filip Palka)
The Concept of Breakthrough Positioning as a Tool for Implementing Import Substitution Policy Using the Example of the Russian Cosmetics Market (Natalia Anatolievna Pashkus, Vadim Yurievich Pashkus, Anna Aleksandrovna Koltsova and Alexandra Vladimirovna Petrushina)
Contradictions and Prospects for the Development of Smart Cities in the Global Economy (Vadim Yurievich Pashkus, Natalia Anatolievna Pashkus, Anna Aleksandrovna Koltsova and Ilya Savelyev)
Entrepreneurial Profile and Development Potential of Entrepreneurial Entities in the Olomouc Region (Jindra Peterkova, Veronika Volfova, Martina Pavlacková and Jiri Fiser)
University Communication in a Globalised Digital Social Networking Environment (Igor Piatrov)
The Growth of Market Concentration of Production as a Manifestation of a Global Trend (the Case of the Manufacturing Industry of the North-Western Federal District of Russia) (Andrèy S. Pisarev, Victor V. Dengov and Irina R. Tulyakova)
Transformations of Business Forms, Mergers, and Acquisitions – HELUZ Cihlářský Průmysl a.s. (Ila Prasad and Veronika Rodová)
AI Policy and Regulation in the Visegrad Group: A Comparative Analysis of National Strategies and Global Trends (Gabriel Prochazka)
Bioeconomy: Prediction of the Financial Situation of the Enterprise in the System of Regenerative Agriculture (Roman Serences, Ivan Holubek and Matej Nemec)
Impacts of Global Crises on Security Financing in Public Administration (Viktor Soltes, Samuel Hubocan, and Veronika Adamova)
Creative Accounting Practices: Literature Review and Results from Czech SMEs (Pavla Srbova and Jan Peta)
Redefining Exotic Derivatives: Integrating Barrier Options with Distributed Ledger Technology (Alexander Stock and Martin Uzik)
A Comparative Analysis of Open Innovation Practices in Public Sector (Mariela Stoyanova, Elitsa Lazarova, Asen Bozhikov and Nadezhda Veselinova)
Growth Potentials as an Identification Criterion for Successful Portfolio Investments (Martin Uzik and Alexander Stock)
The Global Dynamics of Earnings Management and Financial Manipulation in the Construction Sector (Katarina Valaskova, Pavol Durana and Monika Maslakova)
Digitalisation in Accounting and Accounting Automation as a Global Trend: Insight Into the Current State of Accounting Digitalisation in Slovakia (Ivana Varyova and Iveta Kosovska)
How Electronic Publishing Supposed to Reshape the Way of Learning in Higher Education?: A Brief Study Analysis (Dafne Vidanec and Petar Miljković)
Analysis of Liquidity Ratios Via Artificial Intelligence for Enterprises Operating in NACE G (Simona Vojtekova and Martin Balaz)
AttornyState Ownership of the Energy Companies in CEE – Inefficiency or Cash Cows? (Stanislav Zabojnik and Marius Hricovsky)
The Importance of Influencer Marketing in Raising Awareness of Sustainability in the Eco-products Industry on Social Media (Anna Zauskova and Simona Scepkova)
The role of internal communication in the implementation of innovative educational methods in universities (Katarina Durkova)

List of Figures

Tomas Barcak, Radim Dolak and Zdenek Franek

Figure 1. Comparison graph of the expansion of ERP systems in the EU and the USA
Figure 2. Topology of selected neural network – 4-layer perceptron network (101:32:32:1)

Roman Blazek

Figure 1. Time series for the ROA indicator
Figure 2. Time series for the ROE indicator
Figure 3. Time series for the ROS indicator

Ovidiu Andrei Cristian Buzoianu, Catalin Razvan Dobrea, Oana Camelia Iacob Pargaru and Madalina Ioana Moncea

Figure 1. The quarterly evolution of the net flow of FDI
Figure 2. The net flow of FDI detailed on the main economic activities

Victor V. Dengov, Irina R. Tulyakova and Andrèy S. Pisarev

Figure 1. Growth rate of the number of manufacturing enterprises in the North-Western Federal District for the period from 2007 to 2020 (%)
Figure 2. Growth rates of the volume of shipped industry in NWFD for the period from 2005 to 2020 (%)
Figure 3. Growth rates of the manufacturing index in NWFD (%)
Figure 4. Growth rates of profitability of goods of manufacturing enterprises in NWFD, 2006–2020 (%)

Mihai Dinu, Maria Loredana Popescu, Victor Marian Dumitrache and Loredana Nicoletta Mega

Figure 1. The benefits of computer use in learning
Figure 2. The usefulness of the platform in communicating with parents
Figure 3. Comparison of the use of the platform from the point of view of teachers and students
Figure 4. Most used programmes by teachers

Florin Dobre, Mihai Dinu, Victor Marian Dumitrache and Loredana Nicoletta Mega

Figure 1. Sectoral distribution of FDI flows

Catalin Razvan Dobrea, Oana Camelia Iacob Pargaru, Ovidiu Andrei Cristian Buzoianu and Vicentiu Mihai Mateescu

Figure 1. Country risk production

Alexandra Ďurovová and Denisa Jánošová

Figure 1. Source from which respondents know the store
Figure 2. Information about whether you follow Gazdinka Shop respondents on social network
Figure 3. Information on whether respondents would be attracted by other forms of online marketing communication from the retailer (e.g. mobile marketing, email marketing, etc.)
Figure 4. Respondents’ reason for buying from the Gazdinka Shop (max. 3 answers)
Figure 5. Frequency of respondents shopping in Gazdinka Shop

Alexandra Ferenczi Vaňová, Renáta Krajčírová, Tomáš Tóth, Jana Hinke and Dana Országhová

Figure 1. Total tax revenue from environmental taxes for 2022 in EU member states
Figure 2. Total tax revenue from environmental taxes
Figure 3. Tax revenue from energy taxes
Figure 4. Tax revenue from transport taxes
Figure 5. Tax revenue from taxes on pollution and resources

Marcel Figura

Figure 1. Number of publications in WoS database based on the search query
Figure 2. Bibliographic map – keywords analysis for years 2008–2011
Figure 3. Bibliographic map – keywords analysis for years 2012–2018
Figure 4. Bibliographic map – keywords analysis for years 2019–2024
Figure 5. Bibliographic map – countries analysis

Dominika Gajdosikova and Simona Vojtekova

Figure 1. Annual growth of documents in given period 2010–2023
Figure 2. Network visualisation of all keywords related to the researched topic
Figure 3. Network visualisation of all countries, where the researched topic is addressed in the given period 2010–2023

Dagmar Halová, Adam Pawliczek and Ondřej Balek

Figure 1. Impact of technological changes and innovation on the global labour market development

Jarmila Horváthová, Martina Mokrišová and Polina Orikhan

Figure 1. Results of Lasso regression for λ_min
Figure 2. Results of the MI_LASSO
Figure 3. Comparison of the introduction of selected digitalisation elements in Slovakia, Sweden and Finland in 2023

Samuel Hubočan and Viktor Šoltés

Figure 1. Factors conditioning global spread of radicalisation among youth
Figure 2. Crimes of extremism – all offenders and juvenile offenders
Figure 3. Adult offenders of specific crimes of extremism according to the Criminal Code
Figure 4. Juvenile offenders of specific crimes of extremism according to the Criminal Code

Lenka Hvolková and Radoslav Kožiak

Figure 1. FDI in Žilina region

Denis Juracka

Figure 1. Comparison of the most innovative countries with Slovakia according to the GII Index
Figure 2. Comparison of the most innovative countries with Slovakia according to the EIS score

Veronika Bumberová and Lucie Kaňovská

Figure 1. Theoretical framework of the research based on the literature review
Figure 2. Summary of the research methodology used by authors

Eva Kicova, Olga Ponisciakova and Zuzana Rosnerova

Figure 1. Bibliographic map on SME financing

Matej Kubak and Jaroslav Bednarik

Figure 1. Scheme AI chatbot
Figure 2. Preview of the platform environment
Chart 1. Health facilities gross spending on advertising

Michal Kubovics and Anna Zauskova

Figure 1. The association of the keyword “digitalisation” with other keywords
Figure 2. Association of the keyword “digitalisation” with authors – Treemapping
Figure 3. The association of the keyword “digitalisation” with authors – Networking
Figure 4. Year of publication of papers with the keyword “digitalisation”
Figure 5. The association of the keyword “digitalisation” with the area of subject categories
Figure 6. Frequency of categories of bibliographic resources for the keyword “digitalisation”
Figure 7. Frequency of categories of bibliographic resources for the keyword “digitalisation”
Figure 8. Association of the keyword “digitalisation” with the countries of origin of bibliographic resources – Tree map
Figure 9. Association of the keyword “digitalisation” with the countries of origin of bibliographic resources – map of networked countries

Veronika Labosova, Katarina Frajtova Michalikova and Lucia Svabova

Figure 1. Banks’ shares of housing loans

Iva Lorencova and Jan Vokoun

Figure 1. S&P 500 index since 1994 incl. Bollinger Band

Jiri Maska and Tereza Probostova

Figure 1. Correlation between the construction of development projects and population density
Figure 2. Correlation between the construction of development projects and the consumption of garbage per capita
Figure 3. Correlation between construction and interest rates
Figure 4. Rent index in the Czech Republic in 2021
Figure 5. Caption of the Figure 4. Correlation between inflation and interest rates in 2015–2022
Figure 6. Air pollution in the territory of the South Bohemian Region
Figure 7. Waste production per inhabitant of the South Bohemian Region
Figure 8. Development of business activity
Figure 9. Population development in the territory of České Budějovice
Figure 10. Development of electricity prices

Tereza Matasova and Jakub Dalihod

Figure 1. Graphically shows the development of the price of Brent oil in the first and second periods
Figure 2. Development of the price of diesel fuel in the Czech Republic in the second and first periods
Figure 3. Development of the price of HU diesel in the first and second periods
Figure 4. Trends in the development curves of diesel fuel and Brent oil in the first period of the Czech Republic
Figure 5. Trends in the development curves of diesel and Brent oil in the second period of the Czech Republic
Figure 6. Direction of the development curves of diesel fuel and Brent oil in the first HU period
Figure 7. Direction of the development curves of diesel fuel and Brent oil in the second HU period
Figure 8. prediction of the development of diesel prices in the second period of the Czech Republic
Figure 9. Prediction of the development of diesel prices in the second HU period

Branislav Micieta, Vladimira Binasova, Jana Stofkova and Tomas Balala

Figure 1. Demand forecasting platforms
Figure 2. Lead scoring software
Figure 3. Zipline P2 – delivery drone
Figure 4. Pick by Light Syste – Light Tags

Lucia Michalkova

Figure 1. Distribution of the sample according to financial stability of company
Figure 2. Distribution of the sample according to life cycle stages

Marek Nagy

Figure 1. % share of automotive industry items

Jan Panus, and Filip Palka

Figure 1. Example images using for sequence
Figure 2. Example of images for reading
Figure 3. Example images for mathematical problems
Figure 4. Example images for determining shape of objects
Figure 5. User should arrange the pictures in the correct order
Figure 6. Move pictures whose shape is a triangle into the empty boxes
Figure 7. Match pictures with words
Figure 8. Match each picture with the correct number

Natalia Anatolievna Pashkus, Vadim Yurievich Pashkus, Anna Aleksandrovna Koltsova and Alexandra Vladimirovna Petrushina

Figure 1. Modified positioning map (according to J. Cagan and K. Vogel) of brands of Russian companies

Vadim Yurievich Pashkus, Natalia Anatolievna Pashkus, Anna Aleksandrovna Koltsova and Ilya Savelyev

Figure 1. Development Index “Cities IQ”. Moscow
Figure 2. Development Index “Cities IQ”. Saint-Petersburg
Figure 3. Development Index “Cities IQ”. Nizhny Novgorod

Jindra Peterkova, Veronika Volfova, Martina Pavlacková and Jiri Fiser

Figure 1. The number of enterprise entities by the number of employees in the Olomouc Region and the Czech Republic
Figure 2. Number of enterprise entities by legal form in the Czech Republic and in the Olomouc Region
Figure 3. Dendrogram of clustering of regions according to relative frequencies of CZ-NACE
Figure 4. Dendrogram of clustering of districts according to relative frequencies of CZ-NACE

Igor Piatrov

Figure 1. Correlation matrix of Instagram key metrics
Figure 2. Evaluation of the formats used on Instagram

Andrèy S. Pisarev, Victor V. Dengov and Irina R. Tulyakova

Figure 1. Correlation matrix for initial variables
Figure 2. Correlation matrix for selected variables
Figure 3. The first linear regression model
Figure 4. Paired linear regression model
Figure 5. Correlation matrix for the initial variables of the second model
Figure 6. Correlation matrix for selected variables of the second model
Figure 7. Multiple linear regression model

Ila Prasad and Veronika Rodová

Figure 1. Sales revenue and Costs 2002–2005
Figure 2. ROA 2002–2005
Figure 3. Sales revenue and costs 2019–2022
Figure 4. ROA 2019–2022

Gabriel Prochazka

Figure 1. Exam results, improvement in exam performance between GPT-3.5 and GPT-4
Figure 2. Number of mentions of AI in legislative proceedings in 80 selected countries, 2016–2023

Roman Serences, Ivan Holubek and Matej Nemec

Figure 1. Congruence between the three pillars of sustainability, the core objectives of regenerative agriculture with underlying objectives and the indicators
Figure 2. Altman model
Figure 3. CH index
Figure 4. G index

Viktor Soltes, Samuel Hubocan and Veronika Adamova

Figure 1. Public administration expenditure in 2018 and 2024
Figure 2. State budget expenditures in 2018 and 2024
Figure 3. Percentage of regional capital cities’ expenditures on security relative to their total expenditures
Figure 4. Amount of regional capital cities’ expenditures on security relative to their total population

Pavla Srbova and Jan Peta

Figure 1. Trend in the number of scientific publications

Mariela Stoyanova, Elitsa Lazarova, Asen Bozhikov and Nadezhda Veselinova

Figure 1. The three phases of the public sector open innovation process assessment
Figure 2. Individual criteria scores of the researched open innovation practices

Martin Uzik and Alexander Stock

Figure 1. Caption of Figure 1. Below the figure

Dafne Vidanec and Petar Miljković

Figure 1. 1^st generation iPad of 32GB WiFi mode
Figure 2. Examples of glyphs used in the Maya writing system

Simona Vojtekova and Martin Balaz

Figure 1. Development of the results of Cash ratio
Figure 2. Development of the results of Quick ratio
Figure 3. Development of the results of Current ratio

Anna Zauskova and Simona Scepkova

List of Tables

Tomas Barcak, Radim Dolak and Zdenek Franek

Table 1. Comparison of measured conicity values and modelled neural network outputs

Roman Blazek

Table 1. Median values of selected indicators
Table 2. ROA indicator prediction values
Table 3. ROE indicator prediction values
Table 4. ROS indicator prediction values

Ovidiu Andrei Cristian Buzoianu, Catalin Razvan Dobrea, Oana Camelia Iacob Pargaru and Madalina Ioana Moncea

Table 1. Direct effects of the activity of transnational corporations on the balance of payments of the host state

Rebeca Cepelova and Tomas Kliestik

Table 1. Fundamentals influencing the oil market price development according to the author
Table 2. Fundamentals of oil price development and the share of speculation in oil price formation

Jana Coculova, Nella Svetozarovova and Simona Balogova

Table 1. Testing hypothesis H₁
Table 2. Testing hypothesis H₂
Table 3. Testing hypothesis H₃
Table 4. Testing hypothesis H₄

Victor V. Dengov, Irina R. Tulyakova and Andrèy S. Pisarev

Table 1. Herfindahl-Hirschman market concentration indices by sub-sectors of the manufacturing industry in the North-Western Federal District for 2016–2022

Mihai Dinu, Maria Loredana Popescu, Victor Marian Dumitrache and Loredana Nicoletta Mega

Table 1. The usefulness of the platform for the teacher

Florin Dobre, Mihai Dinu, Victor Marian Dumitrache and Loredana Nicoletta Mega

Table 1. The stock of FDI in South-Eastern European countries, by sector
Table 2. Main characteristics of the Eastern and Central European states

Catalin Razvan Dobrea, Oana Camelia Iacob Pargaru, Ovidiu Andrei Cristian Buzoianu and Vicentiu Mihai Mateescu

Table 1. Forms of manifestation of country risk
Table 2. The main analysis perspectives of country risk
Table 3. Country risk – method of calculation
Table 4. The evolution of country risk in the Eurozone

Katarína Frajtová Michalíková, Ján Dvorský and Peter Seemann

Table 1. Key performance indicators before and after RAG implementation

Dominika Gajdosikova and Simona Vojtekova

Table 1. Types of documents in given period 2010–2023
Table 2. The most frequently used keywords with the minimum occurrence of five times in the monitored period 2010–2023
Table 3. The number of documents by region of the world in given period 2010–2023
Table 4. The most frequently dealing countries with researched topic in the given period 2010–2023

Jarmila Horváthová, Martina Mokrišová and Polina Orikhan

Table 1. The set of input indicators – % of coverage in EU countries in 2023
Table 2. Comparison of the results of MI_LASSO and MI_DK

Lenka Hvolková and Radoslav Kožiak

Table 1. Projects supported by (regional) investment aid in 2012–2023
Table 2. (Regional) investment aid provided for regions in 2012–2023

Denis Juracka

Table 1. Methodology of the measurement of the Global Innovation Index (GII)
Table 2. Methodology of the measurement of the European Innovation Scoreboard (2023)

Veronika Bumberová and Lucie Kaňovská

Table 1. The characteristics of the participants in qualitative research
Table 2. The benefits of manufacturing SMEs to providing smart services

Sandra Kasparova and Ondrej Peclinovsky

Table 1. Development of personnel costs per employee over the years in thousands of CZK
Table 2. Development of depreciation of fixed assets per crown of net profit over the years
Table 3. Company revenues in individual years per employee in thousands of CZK
Table 4. Net profit per employee in individual years in thousands of CZK

Peter Krajcovic

Table 1. Number of respondents constituting the research sample

Lenka Kralova, Stefan Kral, Richard Fedorko and Jakub Horvath

Table 1. List of journals publishing the research studies
Table 2. Overview of the research papers in question

Katarina Kramarova

Table 1. Tax licence vs. minimum corporate tax

Matej Kubak and Jaroslav Bednarik

Table 1. Summary of diagnostic tasks

Michal Kubovics and Anna Zauskova

Table 1. Categories of keyword grouping

Veronika Labosova, Katarina Frajtova Michalikova and Lucia Svabova

Table 1. Comparison of mortgage loan, building savings and loan from State Housing Development Fund (ŠFRB)
Table 2. Banks’ shares of housing loans
Table 3. Variants and criteria of the TOPSIS method
Table 4. Terms and conditions of the seven banks with the largest share of mortgage loans on the market
Table 5. Results of the weights of the Saaty matrix and the Fuller’s triangle
Table 6. Ranking of alternatives based on results using Saaty matrix
Table 7. Ranking alternatives based on results using Fuller’s triangle

Iva Lorencova and Jan Vokoun

Table 1. S&P 500 index performance over the last 10 years (% pa)
Table 1. Summary comparison of equity funds: overview of basic data
Table 2. Summary comparison of equity funds overview of basic data (%)
Table 3. Comparison of annual returns of funds with the S&P 500 benchmark after adjusting for inflation

Jiri Maska and Tereza Probostova

Table 1. Shows how the average indices of offer flats developed

Tereza Matasova and Jakub Dalihod

Table 1. Statistical characteristics – oil price development in the first period
Table 2. Statistical characteristics – oil price development in the second period
Table 3. Statistical characteristics – development of Czech diesel in the first period
Table 4. Statistical characteristics – development of Czech diesel fuel in the second period
Table 5. Statistical characteristics – development of diesel fuel in the first period
Table 6. Statistical characteristics – development of diesel fuel in the second period

Lucia Michalkova

Table 1. Cash flow patterns of corporate life cycle model
Table 2. Descriptive statistics of risk of financial distress according to the life cycle stages
Table 3. Reliability of the investigated models according to life cycle sub-samples

Frantisek Milichovsky and Pavel Mracek

Table 1. Inclusion of input variables into gained factors
Table 2. Pivot table of factor 1 according to European regions
Table 3. Pivot table of factor 2 according to European regions

Marek Nagy

Table 1. Employment in the Slovak Republic, in millions, from 2007 to 2019

Vadim Yurievich Pashkus, Natalia Anatolievna Pashkus, Anna Aleksandrovna Koltsova and Ilya Savelyev

Table 1. Directions of the “Smart city” project in Russia

Jindra Peterkova, Veronika Volfova, Martina Pavlacková and Jiri Fiser

Table 1. The number of enterprise entities by legal form in the Olomouc Region and in the Czech Republic
Table 2. The number of companies in the Olomouc Region by age
Table 3. The number of enterprise entities by the size of turnover in the Olomouc Region
Table 4. Entrepreneurial profile of the Olomouc Region
Table 5. Entrepreneurial profile of districts of the Olomouc Region

Igor Piatrov

Table 1. Key Instagram metrics

Andrèy S. Pisarev, Victor V. Dengov and Irina R. Tulyakova

Table 1. Calculation of initial indicators for econometric analysis
Table 2. Estimated values of the volume of goods shipped by manufacturing enterprises by sub-sectors
Table 3. Input data for building a multiple regression model

Ila Prasad and Veronika Rodová

Table 1. Monitored years and values
Table 2. Monitored years and values 2019–2022

Roman Serences, Ivan Holubek and Matej Nemec

Table 1. Z-score, CH-Index and G-Index
Table 2. Graphic interpretation of the results of the monitored indicators

Pavla Srbova and Jan Peta

Table 1. Cut-off scores for each indicator
Table 2. Median values of individual indicators
Table 3. Number of companies that exceed cut-off values – comparing two approaches

Alexander Stock and Martin Uzik

Table 1. Barrier option types

Mariela Stoyanova, Elitsa Lazarova, Asen Bozhikov and Nadezhda Veselinova

Table 1. Weights and scores of evaluated open innovation practices

Martin Uzik and Alexander Stock

Table 1. Paired samples correlations
Table 2. Paired samples test

Katarina Valaskova, Pavol Durana and Monika Maslakova

Table 1. Classification of enterprises according to the legal form
Table 2. Classification of enterprises according to their size
Table 3. Classification of enterprises according to the length on the market
Table 4. Descriptive statistics of selected enterprises in the construction sector (2020–2022)
Table 5. Kruskal-Wallis test – the impact of firm size on earnings management (2020–2022)
Table 6. Pairwise comparison of enterprises by their size (2022)
Table 7. Kruskal-Wallis test – the impact of legal form on earnings management (2020–2022)
Table 8. Spearman correlation coefficient – the impact of firm age (2020–2022)

Dafne Vidanec and Petar Miljković

Table 1. Approximate estimate of investments and losses for the digital equipment purchase related to the pilot project

Simona Vojtekova and Martin Balaz

Table 1. The structure of the final sample of enterprises
Table 2. Overview of average values of the variables
Table 3. Overview of results comparison

Stanislav Zabojnik and Marius Hricovsky

Table 1. Shareholders structure in SSE

Anna Zauskova and Simona Scepkova

Digital Transformation in Faculty Performance Evaluation: A Comparative Analysis of Private and Public Universities

Alice AlAkoum1^,*, Elvira Nica1, Mohammad Abiad2 and Oana Matilda Sabie1

Abstract

Research background: Several industries, especially in higher education, have evolved due to rapid technological development, particularly Industry 4.0. Universities are increasingly turning to AI-based digital tools to streamline campus operations and enhance student experience. One change being initiated is the integration of digital technologies into faculty performance assessment systems, aiming to increase productivity, reduce errors, and improve transparency. Previously, faculty performance reviews were conducted manually with oversight, leading to bias and inefficiencies. Challenges such as opposition to change, lack of funding, and outdated infrastructure have made these systems difficult to implement, especially in public universities. In contrast, private universities have embraced technology by utilising AI, data analytics, and real-time feedback platforms to develop more effective performance evaluations due to greater autonomy and access to funding.

Purpose of the article: This study investigates the integration of digital tools in faculty performance evaluation systems at private and public universities. This paper examines the anticipated benefits and challenges of adopting AI-based tools and other digital technologies.

Methods: The paper primarily emphasises the literature review and illustrates the methodology for analysing the data for future publication while presenting anticipated conclusions and recommendations for policymakers.

Findings and value added: The paper addresses the hypothesis that private universities exhibit higher levels of digital integration than public ones, which face obstacles like outdated infrastructure and resistance to technological change. It offers recommendations for policymakers aimed at overcoming these barriers and enhancing the evaluation system.

Details

Pages: XXX, 912
Publication Year: 2026
ISBN (PDF): 9783631942253
ISBN (ePUB): 9783631942260
ISBN (Hardcover): 9783631941607
DOI: 10.3726/b23151
Language: English
Publication date: 2026 (August)
Keywords: circular economy decision-making digitization economics finance globalization innovation management marketing research sharing economy sustainability
Published: Berlin, Bruxelles, Chennai, Lausanne, New York, Oxford, 2026. xxx, 912 pp., 52 fig. col., 86 fig. b/w, 103 tables.
Product Safety: Peter Lang Group AG

Biographical notes

Tomas Kliestik (Volume editor) Elvira Nica (Volume editor)

Tomas Kliestik, PhD, is the Head of the Department of Economics at the University of Zilina. His research focuses on financial health prediction, earnings management, the cost of capital, risk quantification and diversification, and tax shield-based corporate output optimisation. He now emphasises the role of AI and IoT in digital and smart economies. Elvira Nica is a Professor at the Bucharest University of Economic Studies, Dean of the Faculty of Administration and Public Management, and Doctor Honoris Causa of the University of Zilina, Slovakia. She is a researcher in management and economics, focusing on human resource management and its strategic aspects, as well as contemporary aspects of smart economies.

Globalization and its Socio-Economic Consequences 2024 – Volume I

Summary

Excerpt

Table Of Contents

List of Figures

List of Tables

Digital Transformation in Faculty Performance Evaluation: A Comparative Analysis of Private and Public Universities

Details

Biographical notes

Key Subject Areas