Pub Date : 2022-04-14DOI: 10.26794/2304-022x-2022-12-1-79-95
V. Marshev, S. Neizvestny
The paper compares the state and solutions to the problems of forming and assessing the competencies of graduates of the educational system in the field of management in Russia in 19th century with the conditions of the digital society of modern post-reform country. The study emphasizes the similarities and differences in ways to this topic both on the part of the educational community and from the business sphere. Why do similar problems arise again? What are the reasons for the divergence of ideas about the competencies of managers in the education system and in business? What government programs, as well as methods and technologies of teaching and learning, have tried in the past and are trying now to minimize the discrepancy between the needs of business for competent managers and training programs? The paper confirms the hypothesis that the Russian education system, both in the past and in the present, does not fully meet the expectations and business assessments in training management specialists. And this, in turn, confirms the spiral cyclical nature of the evolution of managerial thought.
{"title":"Evolution of Views on the Managers’ Competence in Russia: Past and Present","authors":"V. Marshev, S. Neizvestny","doi":"10.26794/2304-022x-2022-12-1-79-95","DOIUrl":"https://doi.org/10.26794/2304-022x-2022-12-1-79-95","url":null,"abstract":"The paper compares the state and solutions to the problems of forming and assessing the competencies of graduates of the educational system in the field of management in Russia in 19th century with the conditions of the digital society of modern post-reform country. The study emphasizes the similarities and differences in ways to this topic both on the part of the educational community and from the business sphere. Why do similar problems arise again? What are the reasons for the divergence of ideas about the competencies of managers in the education system and in business? What government programs, as well as methods and technologies of teaching and learning, have tried in the past and are trying now to minimize the discrepancy between the needs of business for competent managers and training programs? The paper confirms the hypothesis that the Russian education system, both in the past and in the present, does not fully meet the expectations and business assessments in training management specialists. And this, in turn, confirms the spiral cyclical nature of the evolution of managerial thought. ","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80136041","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-13DOI: 10.26794/2304-022x-2022-12-1-17-31
A. Yukhno
The following paper’s research subject is to determine the role of the board of directors of an organization in the framework of information and communication technologies governance (hereinafter — ICT governance) at a company’s digital transformation stage. The article aims to study and identify trends and features of ICT governance, taking Russian and foreign experience into account. Methods of generalization, synthesis, comparative analysis of up-to-date approaches are used in the paper to outline the role of the board of directors during a period of dynamic technological changes in the company and factors increasing its ICT governance effectiveness. The author summarizes and analyzes the ICT governance specifics, including the features of its application, the necessary organizational changes, as well as the main tasks of the board of directors in this domain, which determines the scientific novelty of the study. The effectiveness of ICT governance exercised by the board of directors is considered by the author as an assessment criterion of a company’s readiness for digital transformation and a necessary tool to ensure that members of the boards of directors perform their duties. It is concluded that it depends on many factors and requires considering various organization specifics and its development strategy on a case-by-case basis. The research results may be relevant for the Russian corporate practice and further studies in this area.
{"title":"Board of Directors and ICT Governance: A New Paradigm for Corporate Relations","authors":"A. Yukhno","doi":"10.26794/2304-022x-2022-12-1-17-31","DOIUrl":"https://doi.org/10.26794/2304-022x-2022-12-1-17-31","url":null,"abstract":"The following paper’s research subject is to determine the role of the board of directors of an organization in the framework of information and communication technologies governance (hereinafter — ICT governance) at a company’s digital transformation stage. The article aims to study and identify trends and features of ICT governance, taking Russian and foreign experience into account. Methods of generalization, synthesis, comparative analysis of up-to-date approaches are used in the paper to outline the role of the board of directors during a period of dynamic technological changes in the company and factors increasing its ICT governance effectiveness. The author summarizes and analyzes the ICT governance specifics, including the features of its application, the necessary organizational changes, as well as the main tasks of the board of directors in this domain, which determines the scientific novelty of the study. The effectiveness of ICT governance exercised by the board of directors is considered by the author as an assessment criterion of a company’s readiness for digital transformation and a necessary tool to ensure that members of the boards of directors perform their duties. It is concluded that it depends on many factors and requires considering various organization specifics and its development strategy on a case-by-case basis. The research results may be relevant for the Russian corporate practice and further studies in this area.","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74404327","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-13DOI: 10.26794/2304-022x-2022-12-1-32-41
N. Plaskova
The subject of the paper is the improvement of methodological approaches to the formation of an objective assessment of the system of financial indicators that comprehensively reflect the achieved and projected level of development of economic entities. In these conditions, the issues of substantiating the perimeter and content of the information and analytical support system for the functions of operational and strategic business management are being updated. The purpose of the study is to develop methods of analysis and algorithms for calculating the most important characteristics of assessing the performance of economic entities for internal management and external stakeholders based on a complementary approach to the use of classical methods of forming a piece of information and analytical base by clarifying the values of the indicators used in financial and management reporting and supplementing the list of analytical indicators. To achieve the goal, the author has identified several tasks related to the critical analysis of the existing methodological apparatus for evaluating the performance of commercial organizations. Also, the author updated the content, and clarified the algorithms for calculating indicators to form reliable information and analytical base necessary for making managerial decisions by various subjects of business relations. The author analyzed the supplementing the system of analytical indicators for assessing and forecasting business performance in accordance with the doctrine of sustainable development; expansion of the model range of factor analysis to get a holistic view of the impact of external and internal drivers on the level of financial stability and profitability of business entities. To substantiate the scientific hypothesis, form methodological provisions within the scope of the research, generalize the empirical base and develop practical proposals, the research clarified and supplemented the algorithms for calculating several performance indicators traditionally used in analytical practice, as well as initial indicators of financial and management reporting, have been involved. The practical application of the proposed adjusted procedures for calculating indicators contributes to getting a reliable and aimed assessment of the quality of the management system of organizations in the real sector of the economy. Also, it promotes a reliable measurement of the influence of factors of the external and internal business environment on its effectiveness, the development of an optimal resource potential management policy in order to increase competitiveness, strengthen financial stability and increase investment attractiveness.
{"title":"Improvement of Methodological Tools for Business Analysis of the Effective Company’s Performance","authors":"N. Plaskova","doi":"10.26794/2304-022x-2022-12-1-32-41","DOIUrl":"https://doi.org/10.26794/2304-022x-2022-12-1-32-41","url":null,"abstract":"The subject of the paper is the improvement of methodological approaches to the formation of an objective assessment of the system of financial indicators that comprehensively reflect the achieved and projected level of development of economic entities. In these conditions, the issues of substantiating the perimeter and content of the information and analytical support system for the functions of operational and strategic business management are being updated. The purpose of the study is to develop methods of analysis and algorithms for calculating the most important characteristics of assessing the performance of economic entities for internal management and external stakeholders based on a complementary approach to the use of classical methods of forming a piece of information and analytical base by clarifying the values of the indicators used in financial and management reporting and supplementing the list of analytical indicators. To achieve the goal, the author has identified several tasks related to the critical analysis of the existing methodological apparatus for evaluating the performance of commercial organizations. Also, the author updated the content, and clarified the algorithms for calculating indicators to form reliable information and analytical base necessary for making managerial decisions by various subjects of business relations. The author analyzed the supplementing the system of analytical indicators for assessing and forecasting business performance in accordance with the doctrine of sustainable development; expansion of the model range of factor analysis to get a holistic view of the impact of external and internal drivers on the level of financial stability and profitability of business entities. To substantiate the scientific hypothesis, form methodological provisions within the scope of the research, generalize the empirical base and develop practical proposals, the research clarified and supplemented the algorithms for calculating several performance indicators traditionally used in analytical practice, as well as initial indicators of financial and management reporting, have been involved. The practical application of the proposed adjusted procedures for calculating indicators contributes to getting a reliable and aimed assessment of the quality of the management system of organizations in the real sector of the economy. Also, it promotes a reliable measurement of the influence of factors of the external and internal business environment on its effectiveness, the development of an optimal resource potential management policy in order to increase competitiveness, strengthen financial stability and increase investment attractiveness.","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87080388","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-13DOI: 10.26794/2304-022x-2022-12-1-42-55
O. Donetskova
At the present stage of the development of the global business community, we pay more and more attention to the principles of environmental, social and governance (ESG) responsibility. Financial intermediaries in their activities considered the influence of natural and climatic factors. Their risks sometimes turn out to be more tangible than, for example, the financial condition of customers. The subject of the study is the development of measures to implement ESG principles in banking products, and its purpose is to study implementing the above principles in Russia at the present stage of business models and setting tasks aimed at overcoming the difficulties of software in sustainable development. The research used the methods of comparative, statistical and factor analysis, identification of trends, graphical comparison, etc. The existing studies on this topic allowed us to determine the need to use ESG principles in banking business models and to identify the motives for their implementation. In the author’s conclusion, Russian banks are guides and an example of making business in line with the principles of environmental, social and governance. The speed, depth and sustainability of their application by other financial intermediaries will depend on economic incentives, government support, and the development of regulatory requirements. The transformation of the business community (according to the new rules of conduct) will bring the entire economy of the country to sustainable development. The author considers a promising topic for further study as the introduction by the mega-regulator of mandatory standards for the activities of financial intermediaries for assessing climate and environmental risks, as well as the development of a supplier audit directive on the criteria for implementing ESG principles. This determines the scientific and practical significance of the study.
{"title":"Implementation of Environmental, Social and Governance Principles in the Banking Business","authors":"O. Donetskova","doi":"10.26794/2304-022x-2022-12-1-42-55","DOIUrl":"https://doi.org/10.26794/2304-022x-2022-12-1-42-55","url":null,"abstract":"At the present stage of the development of the global business community, we pay more and more attention to the principles of environmental, social and governance (ESG) responsibility. Financial intermediaries in their activities considered the influence of natural and climatic factors. Their risks sometimes turn out to be more tangible than, for example, the financial condition of customers. The subject of the study is the development of measures to implement ESG principles in banking products, and its purpose is to study implementing the above principles in Russia at the present stage of business models and setting tasks aimed at overcoming the difficulties of software in sustainable development. The research used the methods of comparative, statistical and factor analysis, identification of trends, graphical comparison, etc. The existing studies on this topic allowed us to determine the need to use ESG principles in banking business models and to identify the motives for their implementation. In the author’s conclusion, Russian banks are guides and an example of making business in line with the principles of environmental, social and governance. The speed, depth and sustainability of their application by other financial intermediaries will depend on economic incentives, government support, and the development of regulatory requirements. The transformation of the business community (according to the new rules of conduct) will bring the entire economy of the country to sustainable development. The author considers a promising topic for further study as the introduction by the mega-regulator of mandatory standards for the activities of financial intermediaries for assessing climate and environmental risks, as well as the development of a supplier audit directive on the criteria for implementing ESG principles. This determines the scientific and practical significance of the study. ","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87167388","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-12DOI: 10.26794/2304-022x-2022-12-1-6-16
V. Chernov
For solving the existing problems such as loss of sales and customer dissatisfaction, it is necessary to improve promptly the properties of manufactured products in accordance with the dynamically changing market demands. This requires the development of special methods and models for making managerial decisions in conditions of uncertainty and risk. Such decisions could become an algorithm for artificial intelligence of digital technologies, which determines the relevance of the study. The subject of the study is choosing the most significant decisions in conditions of uncertainty and risk. The goal is to find opportunities for making informed decisions for poorly structured, non-formalized processes when developing new product designs with characteristics that meet the rapidly changing needs of the business environment. The solution uses the method of prioritization with expert assessments, groupings, comparisons. The result of the research is the development of a priority setting model with the identification of existing shortcomings and the proposal of changes and additions that eliminate shortcomings in relation to the problem being solved. The author concluded: the developed model, when used in management decisions, allows us to determine the best functions of the product for their inclusion in the design of the innovative model; to make a rating of the significance of functional properties for the consumer and the manufacturer. The development of a methodology with the elimination of the shortcomings of previous studies is a scientific novelty. The obtained methodology contributes to maximizing the demand and competitiveness of the management model, operational innovative changes in the properties of the product corresponding to the rapidly changing demands of the competitive business environment and can be used in the formation of a knowledge base in neural networks of digital technologies. It solves the problem of responding to dynamic changes in consumer preferences, as well as introducing technological innovations in the production of goods, that entail changes in the company’s business processes focused on improving the quality of the final product, which determines the success of strategic business development. The companies’ management may apply the results of the research in the development of corporate governance strategies, researchers, university students, etc.
{"title":"Algorithms for Making Managerial Decisions in the Digital Economy","authors":"V. Chernov","doi":"10.26794/2304-022x-2022-12-1-6-16","DOIUrl":"https://doi.org/10.26794/2304-022x-2022-12-1-6-16","url":null,"abstract":"For solving the existing problems such as loss of sales and customer dissatisfaction, it is necessary to improve promptly the properties of manufactured products in accordance with the dynamically changing market demands. This requires the development of special methods and models for making managerial decisions in conditions of uncertainty and risk. Such decisions could become an algorithm for artificial intelligence of digital technologies, which determines the relevance of the study. The subject of the study is choosing the most significant decisions in conditions of uncertainty and risk. The goal is to find opportunities for making informed decisions for poorly structured, non-formalized processes when developing new product designs with characteristics that meet the rapidly changing needs of the business environment. The solution uses the method of prioritization with expert assessments, groupings, comparisons. The result of the research is the development of a priority setting model with the identification of existing shortcomings and the proposal of changes and additions that eliminate shortcomings in relation to the problem being solved. The author concluded: the developed model, when used in management decisions, allows us to determine the best functions of the product for their inclusion in the design of the innovative model; to make a rating of the significance of functional properties for the consumer and the manufacturer. The development of a methodology with the elimination of the shortcomings of previous studies is a scientific novelty. The obtained methodology contributes to maximizing the demand and competitiveness of the management model, operational innovative changes in the properties of the product corresponding to the rapidly changing demands of the competitive business environment and can be used in the formation of a knowledge base in neural networks of digital technologies. It solves the problem of responding to dynamic changes in consumer preferences, as well as introducing technological innovations in the production of goods, that entail changes in the company’s business processes focused on improving the quality of the final product, which determines the success of strategic business development. The companies’ management may apply the results of the research in the development of corporate governance strategies, researchers, university students, etc.","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86097951","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Michaela Högyeová, Ágnes Agócsová, M. Hajdúk, Daniela Gažová
The aim of this research paper is to explore the sustainable approach towards the management of public spaces. The paper is divided into seven sections. In the beginning, a discussion of why management of public spaces is generally an important subject is described by means of a literature review. The second part of the paper focuses on the value of public space, providing an overview of the benefits of, and roles played by, properly defined and planned public spaces. The third part of the paper presents a detailed discussion of the process of what is seen to be an innovative approach to the management of public spaces. Significant objectives are identified, in accordance with the new process of public space management, its impact, and synergies. In the fourth part, the research methodology is discussed. This section outlines the two approaches taken towards a case study of temporary use of public space in Slovakia and a survey exploring the success of the temporary approach.Finally, the outcome of the case study and results of the survey are outlined, highlighting interesting potential best practices regarding the temporary use of public spaces. The results of the case study suggest that the planning of public spaces plays a significant role in the cities; consequently, the creation of public spaces must be considered as one of the most important aspects when analysing strategies towards sustainable urban development.
{"title":"The Role of Temporary Use of Public Space in Sustainable Development","authors":"Michaela Högyeová, Ágnes Agócsová, M. Hajdúk, Daniela Gažová","doi":"10.3311/ppso.17914","DOIUrl":"https://doi.org/10.3311/ppso.17914","url":null,"abstract":"The aim of this research paper is to explore the sustainable approach towards the management of public spaces. The paper is divided into seven sections. In the beginning, a discussion of why management of public spaces is generally an important subject is described by means of a literature review. The second part of the paper focuses on the value of public space, providing an overview of the benefits of, and roles played by, properly defined and planned public spaces. The third part of the paper presents a detailed discussion of the process of what is seen to be an innovative approach to the management of public spaces. Significant objectives are identified, in accordance with the new process of public space management, its impact, and synergies. In the fourth part, the research methodology is discussed. This section outlines the two approaches taken towards a case study of temporary use of public space in Slovakia and a survey exploring the success of the temporary approach.Finally, the outcome of the case study and results of the survey are outlined, highlighting interesting potential best practices regarding the temporary use of public spaces. The results of the case study suggest that the planning of public spaces plays a significant role in the cities; consequently, the creation of public spaces must be considered as one of the most important aspects when analysing strategies towards sustainable urban development.","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48476010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Shared mobility is an innovative and sustainable approach to passenger transportation, which has only recently emerged. In urban areas car-sharing, bike-sharing and other special vehicles (e.g., scooters) are popular. For greater distances, ridesharing is considered as a great option beside own private car usage or public transportation. We elaborated an assessment to analyse mobility modes. The research consists of two main parts. First, a wide spectrum of key variables is identified. We classified the variables among the following indicators: flexibility, comfort, and dynamic characteristics. These indicators support mode choice decisions. The second part is the model of service level. In the model, we included parameters to represent the importance of certain attributes. The model can be used to support mode choice decisions. We applied the method to analyse a simple urban mobility palette and place shared mobility within it. We found that shared mobility modes can be placed between private car usage and public transportation according to the aggregated indicators.
{"title":"Assessment Methods for Comparing Shared Mobility and Conventional Transportation Modes in Urban Areas","authors":"S. Nagy, C. Csiszár","doi":"10.3311/ppso.16605","DOIUrl":"https://doi.org/10.3311/ppso.16605","url":null,"abstract":"Shared mobility is an innovative and sustainable approach to passenger transportation, which has only recently emerged. In urban areas car-sharing, bike-sharing and other special vehicles (e.g., scooters) are popular. For greater distances, ridesharing is considered as a great option beside own private car usage or public transportation. We elaborated an assessment to analyse mobility modes. The research consists of two main parts. First, a wide spectrum of key variables is identified. We classified the variables among the following indicators: flexibility, comfort, and dynamic characteristics. These indicators support mode choice decisions. The second part is the model of service level. In the model, we included parameters to represent the importance of certain attributes. The model can be used to support mode choice decisions. We applied the method to analyse a simple urban mobility palette and place shared mobility within it. We found that shared mobility modes can be placed between private car usage and public transportation according to the aggregated indicators.","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46055235","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study investigates the role of conflict management climate (CMC) as a mediator between trust and employees' engagement. The study surveyed international employees who work in Hungary. The study aimed to determine how perceived trust affects employees' engagement through CMC's mediating effects. 355 participants joined in filling the questionnaires. After collecting the data, hypotheses were tested all together in a mediation analysis to fulfil the study's objectives. The results indicated that trust and CMC are related to employees' engagement. The results also showed that CMC could partially positively mediate the relationship between trust and employees' engagement. The study highlighted the importance of having a positive trust and conflict management climate on employees' engagement. Furthermore, the results suggested depending more on CMC when trying to build higher engagement levels among employees.
{"title":"Impact of Trust on Employees' Engagement: The Mediating Role of Conflict Management Climate","authors":"Ayman Alshaabani, Ildikó Rudnák","doi":"10.3311/ppso.18154","DOIUrl":"https://doi.org/10.3311/ppso.18154","url":null,"abstract":"This study investigates the role of conflict management climate (CMC) as a mediator between trust and employees' engagement. The study surveyed international employees who work in Hungary. The study aimed to determine how perceived trust affects employees' engagement through CMC's mediating effects. 355 participants joined in filling the questionnaires. After collecting the data, hypotheses were tested all together in a mediation analysis to fulfil the study's objectives. The results indicated that trust and CMC are related to employees' engagement. The results also showed that CMC could partially positively mediate the relationship between trust and employees' engagement. The study highlighted the importance of having a positive trust and conflict management climate on employees' engagement. Furthermore, the results suggested depending more on CMC when trying to build higher engagement levels among employees.","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49344703","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Tourism can play a pivotal role in relation to spatial development perspectives, regional processes, and the efficient use of different kinds of resources. It is no different in Central Eastern Europe; tourism frequently plays such a role in Hungary, especially in the case of areas with disadvantaged spatial conditions. In this paper, the effect of tourism on the region as a primary source of income is investigated. The research hypothesis is that Philippe Martin's regional economic model could be modified to describe the spatial effects of tourism. According to the research hypothesis, the methodology of the original and a modified Philippe Martin model is shown in the second part of this paper, and this is followed by the modelling results. In the case of the Hungarian research area, a detailed analysis of statistics is shown. The spatial focus of this paper is on Lake Tisza in Hungary, which has a unique character. On the other hand, it is rich in both natural capital and disadvantaged areas when socio-economic conditions are considered. The research results showed that the predefined scenarios of the Philippe Martin model individually do not correctly describe the effect of tourism, but taken together could explain the economic impacts of tourism. Tourism has the same effect as a combination of monetary transfer from the wealthy regions to the impoverished area, a diminution of transaction costs within the impoverished region, and a slight increase in the cost of innovation or a small decrease in diffusion of innovation.
{"title":"Reconceptualising Regional Inequalities","authors":"Diána Esses, M. Szalmáné Csete","doi":"10.3311/ppso.17329","DOIUrl":"https://doi.org/10.3311/ppso.17329","url":null,"abstract":"Tourism can play a pivotal role in relation to spatial development perspectives, regional processes, and the efficient use of different kinds of resources. It is no different in Central Eastern Europe; tourism frequently plays such a role in Hungary, especially in the case of areas with disadvantaged spatial conditions. In this paper, the effect of tourism on the region as a primary source of income is investigated. The research hypothesis is that Philippe Martin's regional economic model could be modified to describe the spatial effects of tourism. According to the research hypothesis, the methodology of the original and a modified Philippe Martin model is shown in the second part of this paper, and this is followed by the modelling results. In the case of the Hungarian research area, a detailed analysis of statistics is shown. The spatial focus of this paper is on Lake Tisza in Hungary, which has a unique character. On the other hand, it is rich in both natural capital and disadvantaged areas when socio-economic conditions are considered. The research results showed that the predefined scenarios of the Philippe Martin model individually do not correctly describe the effect of tourism, but taken together could explain the economic impacts of tourism. Tourism has the same effect as a combination of monetary transfer from the wealthy regions to the impoverished area, a diminution of transaction costs within the impoverished region, and a slight increase in the cost of innovation or a small decrease in diffusion of innovation.","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48029511","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Despite many regulatory changes there are still no sound reorganisation possibilities for financially distressed companies in Hungary. The current crisis of 2020 due to the pandemic is going to trigger mass liquidations especially there where the bankruptcy rules are ineffective. There is no efficient risk and resource allocation if there is no reasoning and the financial and economic criteria necessary for a proper bankruptcy management are not taken into consideration in the reorganisation procedure. This article is based on primary research conducted in 2014 and a further analysis of the problem published in the Eurasian Studies in Business and Economics in 2020 (Pálinkó and Pétervári, 2020). The conclusion is that the financial variables are seemingly irrelevant in decision-making. The bankruptcy procedure has become a useful tactic for the owner-management to keep their position and protected status for as long as possible even at the expense of the divergent creditors. There is a genuine need for a different model in Hungary, one in which financially rational decisions are not dysfunctional. We have found that time is the most important factor here. It is therefore suggested that the rules should be designed so that the companies be motivated to file for bankruptcy in time. This design is the automated mandatory auction bankruptcy procedure or its pre-pack version.
{"title":"Global Crises and Corporate Reorganisation Methods","authors":"Éva Pálinkó, K. Pétervári","doi":"10.3311/ppso.14155","DOIUrl":"https://doi.org/10.3311/ppso.14155","url":null,"abstract":"Despite many regulatory changes there are still no sound reorganisation possibilities for financially distressed companies in Hungary. The current crisis of 2020 due to the pandemic is going to trigger mass liquidations especially there where the bankruptcy rules are ineffective. There is no efficient risk and resource allocation if there is no reasoning and the financial and economic criteria necessary for a proper bankruptcy management are not taken into consideration in the reorganisation procedure. This article is based on primary research conducted in 2014 and a further analysis of the problem published in the Eurasian Studies in Business and Economics in 2020 (Pálinkó and Pétervári, 2020). The conclusion is that the financial variables are seemingly irrelevant in decision-making. The bankruptcy procedure has become a useful tactic for the owner-management to keep their position and protected status for as long as possible even at the expense of the divergent creditors. There is a genuine need for a different model in Hungary, one in which financially rational decisions are not dysfunctional. We have found that time is the most important factor here. It is therefore suggested that the rules should be designed so that the companies be motivated to file for bankruptcy in time. This design is the automated mandatory auction bankruptcy procedure or its pre-pack version.","PeriodicalId":35958,"journal":{"name":"Periodica Polytechnica, Social and Management Sciences","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44871762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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