Sebaregulácia, depresivita a problematické používanie internetu

Author(s): Viktória Kopuničová / Language(s): Czech Publication Year: 0

The paper is focused on current problem of Internet use and presents the research result of the problematic internet use. In our research was shown that selfregulation and depression have relation to problematic internet use among secondary school students and also university students. A significant difference was found in subscales of Problematic internet use (Negative outcomes, Mood regulation). The paper is part of realized project focused on research of risky behavior in cyberspace. Attention was also focused on defensive strategies against some forms of risk behavior in cyberspace which students selected as the best. It´s was shown that the most preference strategy was designed "tell it to parents" and the worst strategy was designed "do nothing, it will gone".

Kyberstalking z pohledu oběti a agresora u studentů středních a vysokých škol

Author(s): Viktória Kopuničová,Šárka Nevařilová,Natalie Kocabova / Language(s): Czech Publication Year: 0

The aim of this paper is to analyze cyberstalking as a risk behavior from in cyberspace among secondary and university students. The results are examined from the perspective of victim, which designed schoolmate and student as aggressors. Aggressors designed schoolmates and students like a most frequent victims. Transition from cyberstalking to direct physical stalking is also examined. The most common option is given "He/she spread about me information or rumors, rumors on the Internet, in public space or otherwise verbally". Cyberstalking present a dangerous form of stalking using modern communication technologies, especially the Internet. This phenomenon has now legal impact and is given an increased attention.

Cybercrimes in the Metaverse: Challenges and Solutions

Author(s): Alexandru-Valentin TEODOROV / Language(s): English Publication Year: 0

The emergence of the metaverse has brought about novel opportunities for user interaction and commerce. However, with these new technologies also comes the rise of cybercrime as well as new types of cybercrime. The current article aims to delve into the manifold forms of cybercrime that loom large in the metaverse - from virtual theft and identity theft, to cyberbullying. At the same time, the paper explores the multiple challenges that come with preventing and addressing such crimes, such as the arduous task of identifying perpetrators and the inefficacy of law enforcement as well as the necessity for new laws created for the metaverse. In conclusion, the study will explore viable solutions for preventing and mitigating cybercrimes in the metaverse. The article aims to do exploratory research of cybercrimes and technological solutions such as blockchain and AI, as well as policy and legal changes, so that the metaverse can be a safe and secure haven for all users.

НАДЕЖДНИ СИСТЕМИ И РЕГУЛАЦИИ: БАЛАНСИРАНЕ НА ИНОВАЦИИ И СИГУРНОСТ В ЦИФРОВАТА ЕРА

Author(s): Daniela Ilieva / Language(s): English Publication Year: 0

This paper discusses the concept of trustworthy systems, the role of regulations in ensuring their security, and the challenges and opportunities that arise in regulating trustworthy systems. We examine case studies of situations where regulations have succeeded or failed to prevent harm to consumers or society, and provide recommendations for how regulators, industry, and consumers can work together to create and maintain trustworthy systems. By addressing these challenges effectively, regulators can help ensure that trustworthy systems are in place to protect consumers, promote fair competition, and prevent harm to society in the digital age.

ЗНАЧЕНИЕ НА СЪВРЕМЕННИТЕ ERP СИСТЕМИ ЗА ИКОНОМИЧЕСКОТО РАЗВИТИЕ НА БИЗНЕС СРЕДАТА

Author(s): Vladislav Filev / Language(s): Bulgarian Publication Year: 0

СЪВРЕМЕНИТЕ ERP СИСТЕМИ, КАТО РЕЗУЛТАТ ОТ РАЗВИТИЕТО НА УПРАВЛЕНСКИЯ, СЧЕТОВОДНИЯ И / ИЛИ МАРКЕТИНГОВИЯ СОФТУЕРИ

Author(s): Ivailo Manoilov / Language(s): Bulgarian Publication Year: 0

The Impact of E-sales on Birth and Death Rate of Businesses in the Czech Republic

Author(s): Eva Hamplova,Jaroslav Kovarnik / Language(s): English Publication Year: 0

Since 2016 the Czech Republic has gradually been implementing the system of electronic records of sales of goods and services in cash – ´E-sales´ (Czech abbreviation: EET). It is a modern communication means between entrepreneurs and the Financial Administration of the Czech Republic. The objective of this article is to evaluate, with the support of the latest data by the Czech Statistical Office, the influence of the electronic register on the birth and death rate of businesses in the Czech Republic in 2016. The contribution compares the differences between the number of newly-established and closed business units according to their size, the declared legal form of enterprise, and the basic level of nomenclature of economic activities (CZ-NACE) in the years 2010 – 2016. Methods of comparative analysis and analysis of trends are used. At the end of the paper, thanks to the net balance analysis and the average annual growth rate of new businesses analysis, we disprove the hypotheses about the significant impact of the new system introduction on the number of small and medium-sized businesses in the Czech Republic (mainly natural persons and legal entities – limited liability companies), as well as on the number of active business units according to selected economic activities in which the system was started in the first phase.

The analysis of the efficiency of on-line auctions in Poland based on data coming from service Allegro.pl

Author(s): Anna Sroczyńska-Baron / Language(s): English Publication Year: 0

Nowadays online auctions become more and more popular. There are many participants, who buy different kinds of products every day. They have information of products and historical prices thanks to new technology and wide access to Internet. The main aim of this work is to check if on-line auction markets are still inefficient (like traditional auctions characterized by geographical fragmentation and limited access to information) and it is possible to gain abnormal profit. Data used in the researches come from one of the Polish biggest and oldest online auction market – Allegro.pl. The category Mobile Phones in Electronics was chosen for the researches. The on-line auction market efficiency was checked by two tests: a unit roots test and variance ratio test. Both tests showed that auctions during the examined period were inefficient. It could mean that it is possible to gain abnormal return with on–line auctions in Poland. Of course, individually participants of on–line auctions usually do not possess a significant amount of money but commonly pose very important market, that’s why it seems to be the important problem.

TRH PRÁCE ČESKÉ REPUBLIKY V KONTEXTU PRŮMYSLU 4.0

Author(s): Martina Hedvičáková,Libuše Svobodová / Language(s): Czech Publication Year: 0

The proportion of unemployed people is falling since 2013 and reached 5.19% in 2016. Employment growth is mainly due to a large increase demand for workers in the manufacturing industry, which employs more men and women than in the EU 28 and more than in tertiary sector. This employment growth causes shortages of qualified labors on the market. In August 2016 the Government of the Czech Republic approved Initiative Industry 4.0, which aims to strengthen the competitiveness of the Czech Republic. This article aims to analyze the development of unemployment and the effects of the fourth industrial revolution on this market and to specify the needs of restructuralization of education. The article includes SWOT analysis of the labor market of the Czech Republic and its possible future development with impact on regional unemployment.

DIGITAL VALUE CHAINS – AN EXPLORATORY STUDY OF THE PHARMA AND HEALTHCARE INDUSTRY

Author(s): Christian Rueckold / Language(s): English Publication Year: 0

This research assesses what impacts digital solutions can have in the value chains of the pharma and healthcare industry once being used across different players. As research in this area is yet emerging, research was conducted via mixed methods/ triangulation approach, reviewing state of the art literature, expert interviews with ten experts in pharma and healthcare and case studies of six digital solution examples in practice. The research could validate that tracking seems to be an important topic but also gave indication that pharma players will move closer to patients and can improve their innovation cycles. Additionally, it provides insights on the potential evolution of value chain players and their offerings which will relate much more to personalised treatments and services.

DIGITALIZATION IN THE AUTOMOTIVE INDUSTRY

Author(s): Stefan Roters / Language(s): English Publication Year: 0

Digitalization is disrupting the automotive industry and in particular the established business models of well-known OEMs (Original Equipment Manufacturer). New legislations, technological trends, the omnipresence of digital devices like smartphones and changing customer preferences towards sustainability and mobility on demand have stimulated the digital transformation in the automotive industry. This process affects the entire value chain, from product design and manufacturing to supply chain, marketing and sales. New market players like Tesla, Uber and Blablacar have identified the huge potential of digitalization to create new revenue pools and have already entered the market with their interconnected solutions. Other tech. giants like Apple and Google but also smaller start-ups have started investigations around new mobility solutions. Those new competitors with their high innovation power have one strategic advantage. They do not have to carry the burden of an analogue set-up with its high fix cost structure compared to traditional car manufacturers. Therefore, established car manufacturers are forced to transform their analogue business models to the digital age. This research paper will analyze the prerequisites of a successful digital transformation. Furthermore, it will describe the potential to create business model innovations.

Bitcoin Compared on Price, Liquidity and Volatility: Crypto “Currencies” or an Asset Class of Their Own?

Author(s): Peter Haiss,Jakob Schmid-Schmidsfelden / Language(s): English Publication Year: 0

In comparing Bitcoin to other cryptocurrencies, we analyze whether these can become a viable alternative to fiat currencies. In the theoretical part we assess if these embody the main functions of a currency (Krugman, 1984). The empirical part analyzes the price development, liquidity and velocity of Bitcoin in comparison to the major other cryptocurrencies in 2017. We conclude that Bitcoin Cash, a cryptocurrency that evolved during a hard fork of Bitcoin, may develop into sharing features of a global currency. Currently cryptocurrencies are rather tokens and a highly volatile asset class of their own.

Level of Industry Automation 4.0 in the Czech Republic and Impact on Unemployment

Author(s): Martina Hedvičáková,Martin Kráľ / Language(s): English Publication Year: 0

The Czech Republic has the lowest unemployment rate throughout the European Union. According to Eurostat and the Czech Statistical Office, in March 2018, the unemployment rate in the Czech Republic reached 2.2%. Such a low unemployment rate causes an excess of demand over supply. Companies are looking for ways of meeting the demand of their customers. One of the possibilities is technological progress. For this reason, both the Czech Republic as well as the European Union are promoting the Industry 4.0 initiative and at the present time also the Work 4.0. The aim of the paper is to analyse the impact of Industry 4.0 and Work 4.0 on the labour market. The paper contains an analysis of the share of unemployed people in individual regions and the development of wages. The manufacturing industry is one of the key sectors of the Czech economy. The following hypotheses are tested: The impact of Industry 4.0 is markedly different in the Czech Republic regions and second As a result of the enforcement of Industry 4.0 (production automation), unemployment varies across regions.

Industry 4.0 Aimed at Accounting System

Author(s): Irena Honková / Language(s): English Publication Year: 0

Industry 4.0 means a current trend of digitalisation and related automation of production and changes at the labour market brought together with the Industry 4.0. More and more internal as well as external integration occurs, more and more data is collected for analysis and decision making, top management requires access to data in real time, we transfer to unified protocols, the quantity of wireless communication devices grows and thus the level of isolation of company systems is considerably reduced. This text discusses the digitisation within the accounting sphere. With its case study it shows how the requirements on presentation and information sharing of accounting and taxation sphere change: options to send tax documents in electronic form, links to Internet banking, XML communication, Internet shops or accounting in mobile phones. This text aims to provide the view not only on the accounting software but also on work of book-keepers. Thus the text presents the view on the whole accounting system within the environment of Industry 4.0. The final part of this text discusses the readiness of companies to the Industry 4.0.

Internet shopping in the Czech Republic with the focus on the types of bought goods and services by consumers

Author(s): Gabriela Oškrdalová / Language(s): English Publication Year: 0

The internet shopping has been developing not only all over the world but in the Czech Republic too in the last years and it is possible to expect a future expansion. The aim of this paper is to describe the development of the internet shopping in the Czech Republic, introduce and interpret results of a part of own quantitative research in the field of knowledge, skills and behaviour in the internet shopping of consumers with the focus on the types of bought goods and services and compare these results of own research with the results of the Czech Statistical Office’s research for the Czech Republic in the internet shopping field with the focus on the chosen types of bought goods and services by consumers. The paper’s aim is reached by using of general science methods, primarily description, analysis, comparison, synthesis and deduction, and by using statistics methods (methods of descriptive statistics). On the basis of data gained by the own questionnaire research we can state, 99,4 % respondents have bought goods or services on the internet in the last year. The most respondents have bought clothes, shoes and dress accessories on the internet in the last year. If we focus on services, the most respondents have bought tickets on cultural events.

Beliefs in Cryptocurrency: Exploring the Relationship between Sentiment and Bitcoin

Author(s): Zuzana Rakovská / Language(s): English Publication Year: 0

The rise of the Internet changed the way how financial markets work. Due to user generated content, quite everybody might contribute to the large set of information and the exchange of news happens faster than ever. An important variable in such new era is sentiment, which causes market participants to act on noisy signals from Internet as they were valid inputs. Importantly, sentiment is considered the crucial ingredient in price formation of now increasingly attractive digital currencies. Investors' beliefs affect exchange rates of those currencies considerably simply because of lack of fundamentals and regulation. In this paper we will examine the relationship between sentiment and price of the most popular cryptocurrency, Bitcoin. We will employ three measures of sentiment constructed by Sentix survey with aim to explore the effect of both institutional and individual investor's sentiment as well as overall sentiment of the community.

Profitability of Sector Mutual Funds and ETFs during Market Development

Author(s): Martin Širůček,Jan Vystoupil,Petr Strejček / Language(s): English Publication Year: 0

Paper is focused on the profitability of investment into IT, finance, healthcare and consumer goods oriented active and passive mutual funds and ETFs and its profit/loss on growing, stagnant and decreasing market. Attention is also focused on purpose to set a recommendation for investors what instrument bring higher return/lower loss on growing or decreasing market and if investor can expect different results according to the sector orientation, like what sector is more sensitive on bullish or bearish trend. Our result show that ETF nor passive mutual funds wasn´t able to beat the market, where sector index brings in all situations better results than these investments. On bearish trend all sector ETFs and passive mutual funds bring same results as sector index, better results bring only active managed mutual funds. The lowest loss during this period brings healthcare active managed mutual funds. On bullish/stagnant market was pretty the situation the same, but on the growing market passive funds and ETF are more profitable than active mutual funds.

FinTechs as Alternative Financial Market Players

Author(s): Monika Klimontowicz,Krystyna Mitręga-Niestrój / Language(s): English Publication Year: 0

The dynamic development of technology has resulted in changing customer needs, expectations and market behaviour. As a result bank and other financial entities were forced to change their product and distribution policy. Among external factors influencing banking market conditions, the dynamic development of nonbank technologyoriented service providers is thought to be one of the highest potentials to impact the market structure. This trend is also visible in Poland, where development of FinTech companies in different financial services market areas is noticable. The paper presents different approaches to the FinTech phenomenon. It shows the taxonomy of the FinTech companies and analysis the segments of financial markets which are characterised by low market entry barriers. The main aim of the article is to outline the Polish FinTech landscape – to characterise the FinTech market, showing main participants, drivers of development and challanges. The research method includes inductive and deductive methods, together with comparative analysis.

Identifying of the Expectations of Stock Trading Participants for the Diagnosis of Financial Market Environment Using the Online Analysis of an Order Book

Author(s): Sergey Petrov,Nadezhda Yashina,Oksana Kashina,Natalia N. PRONCHATOVA-RUBTSOVA,Mikhail Rogozin / Language(s): English Publication Year: 0

Modern trading platforms made it possible to monitor the exchange auction of counter orders in real time that opened up an access to valuable information on many intramarket processes and the emergence of new market price trends. The paper aims to develop an original approach permitting to discover stock market players’ expectations with regard to the future share price dynamics. The theoretical framework is based on the microeconomic model of individual trader’s net demand proposed in the authors’ previous studies. The model explains conditions under which traders place either limit or market orders to buy and to sell stock. It associates price and volume of any limit order with the capital capacity of the trader’s net demand which is viewed as an indicator of the trader’s holding of the given stock. In this way it becomes possible to construct an algorithm for monitoring of holdings of stocks owned by traders responsible for the separate quotes in the order book. As an application of the algorithm an example is considered signaling about market participants’ expectations of a share price rising at a given point in time. The experimental procedure proposed in the paper involves the ongoing analysis of instantaneous data of the trading platform that are displaying by an order book for stock. Some variants of computerizing of the algorithm are discussed aiming to implement it for the monitoring of financial market environment. The methods developed are of interest either for por

Strategic Approaches of SMEs in Economic Performance of E-commerce

Author(s): Veronika Svatošová / Language(s): English Publication Year: 0

The researches and practice declare the strategic key factor of long-term business success is considered to be strategic approach to economic performance along with proposing and implementing financial strategy. The paper deals with the issue of economic performance of SMEs in e-commerce along with their financial strategy. The aim of the research is to evaluate the economic performance of enterprises primarily focused on e-commerce, which affects the financial strategy in e-commerce. The research sample of enterprises involved to the survey is selected based on the following restrictive criteria: headquarter of enterprise in the Czech Republic, legal form of business joint stock company and limited liability company, existence of enterprise in ecommerce minimum 5 years, main business area B2C market. The main research methods are following: methods of personal interviewing among selected enterprises, selected methods of financial analysis and selected methods of statistical induction for verifying stated hypotheses. The main results of paper revealed the level of long-term coverage is the biggest problematic area in the creation and implementation of a financial strategy that reduces the economic performance of e-commerce and type of financial strategy does not correspond to the type of corporate strategy in e-commerce.