Acta academica karviniensia, 2017 (vol. 17), issue 1
SHADOW ECONOMY IN THE CZECH REPUBLIC
Břetislav Andrlík, Petra Stibůrková
Acta academica karviniensia 2017, 17(1):5-17 | DOI: 10.25142/aak.2017.001 
The paper deals with the problems of estimating the size of the gray economy in the Czech Republic. As a contribution is made own measurements estimate the gray economy in the Czech Republic and using Gutmann model, but with a significant change as a result of criticism of this method the authors Paldo and Hanousek. To estimate the size of the underground economy, there are countless methods, each of which is based on several assumptions and in response to these facts are subsequently subjected to criticism from professional circles. The realization of this project paper was necessary to analyze the development of the banking sector, which has been...
THE INFLUENCE OF SELECT BANKING SECTOR INDICATORS ON THE ECONOMIC GROWTH OF THE EUROZONE COUNTRIES
Liběna Černohorská, Vojtěch Kula
Acta academica karviniensia 2017, 17(1):18-27 | DOI: 10.25142/aak.2017.002
This paper states its objective to be specifying the relationship between select banking sector indicators and the eurozone's economic growth. The indicators that were selected are analyzed using the Engle-Granger cointegration test, which is meant to confirm the long-term influence of the indicators of bank loans provided to the private non-financial sector and the M3 aggregate on the growth of GDP. Data from the years 1999-2016 are included in the analysis. On the basis of the tests that were conducted, it was determined that there is no cointegration relationship between any of the time series at a level of significance of 0.05; this means that...
UNIVERSITY SPIN-OFF COMPANIES IN EUROPE: THE FACTORS AND POLICIES INFLUENCING THEIR FORMATION
Ján Huňady, Peter Pisár
Acta academica karviniensia 2017, 17(1):28-40 | DOI: 10.25142/aak.2017.003
The formation of university-spin off is seen as a potential tool for the transfer of knowledge and technology. University spin-off firms are able to transform the knowledge accumulated in research into its practical application and commercialization. Despite this fact, the formation of university spin-off is still rather rare phenomenon in many European countries. In our paper, we provide several examples of good practice in central European countries. Moreover, the paper aims to examine factors that could potentially affect the formation of university spin-offs in European countries. We applied logit and probit regression analysis based on empirical...
IMPACT OF OCCUPANCY IN COLLECTIVE ACCOMMODATION ESTABLISHMENTS IN THE CZECH REPUBLIC ON THE SELECTED MACROECONOMIC VARIABLES IN THE YEARS 2001 - 2015
Patrik Kajzar, Klára Václavínková
Acta academica karviniensia 2017, 17(1):41-54 | DOI: 10.25142/aak.2017.004
The aim of this paper is to assess the impact of occupancy in collective accommodation establishments in the Czech Republic at an average rate of unemployment (%) to GDP (%) and the average pace of real wage growth (%) between 2001-2015. The methods are regression and correlation analysis. The output is then to evaluate the impact of occupancy on the selected parameters. The most significant impact in collective accommodation establishments can be observed in occupancy at the average rate of unemployment. When we are comparing the GDP growth parameters and occupancy collective accommodation establishments there is no evidence of a linear relationship.
SCOPE OF THE USE OF THE INDIVIDUALS TAX RELIEFS IN THE CZECH REPUBLIC
Pavlína Kirschnerová, Jana Janoušková
Acta academica karviniensia 2017, 17(1):55-64 | DOI: 10.25142/aak.2017.005
The paper focuses on tax relief individuals that are used to support other desirable public policy. They may represent hidden subsidies in the tax system, reducing tax revenue and complications in the administration. Analysis of tax reliefs is complicated because their uniform definition does not exist. They can mean deductions from the tax base (tax allowances), the tax relief or the tax credit, which reduce the actual tax liability. The aim of this paper is to evaluate the scope of use of tax reliefs, which are granted to individuals in the Czech Republic, in the form of non-taxable portion of the tax. Methodically, the research relies on the evaluation...
THE IMPORTANCE OF GOVERNANCE QUALITY FOR ECONOMIC GROWTH IN POST-SOVIET COUNTRIES
Radek Náplava, Luděk Kouba
Acta academica karviniensia 2017, 17(1):65-75 | DOI: 10.25142/aak.2017.006
The purpose of this paper is to address a relation between governance quality and long-run growth using a case of post-soviet transition countries. Alternative approaches to the growth theory emphasize the role of formal institutions, in particular, political and economic institutions. Based on literature overview, a positive effect of governance quality can be assumed. Governance quality is represented by concept of World Bank's Governance Matters and its influence is estimated within panel data analysis. The results confirm the assumptions. Furthermore, they indicate the importance of political stability and negative impact of voice and accountability.
IFRS 3 COMPLIANCE RESEARCH AT CZECH CAPITAL MARKET
Jiří Pospíšil
Acta academica karviniensia 2017, 17(1):76-86 | DOI: 10.25142/aak.2017.007
This paper deals with the level of compliance of the financial statements to the disclosure requirements of the IFRS 3 Business Combinations. The analysis was performed on the financial statements of the companies listed in the PX and PX-TR market stock index of the Prague Stock Exchange. Financial statements of the period 2011 to 2014 were included in the research. The level of compliance is assessed through the D-score model which allows for an evaluation of the degree of disclosure in the financial statements. IFRS 3 enumerates the disclosure requirements in the form of list of rather detailed information which are required to be disclosed in the...
List of Reviewers
Acta academica karviniensia 2017, 17(1):87