Acta academica karviniensia, 2019 (vol. 19), issue 4

PERFORMANCE INDICATORS ASSESSMENT OF INSURANCE COMPANIES IN NON-LIFE INSURANCE BY APPLYING DECOMPOSITION MULTI-CRITERIA METHODS

Martina Borovcová, Zuzana Folvarschi

Acta academica karviniensia 2019, 19(4):5-17 | DOI: 10.25142/aak.2019.021  

The aim of the article is to determine and verify the key indicators of the assessment of the level of management of non-life insurance companies by applying multi-criteria decomposition methods. The specific indicators considered include standard financial analysis indicators (equity ratio, total debt ratio, return on equity indicator and return on assets), specific financial indicators of insurance companies (claims ratio, capital adequacy ratio, technical adequacy ratio, solvency ratio indicator and more) and indicators that are used to analyze the level of the insurance market (gross premiums written, net premiums earned and number of insurance...

AUDIT OF PUBLIC RESEARCH INSTITUTIONS

Marek Jošt

Acta academica karviniensia 2019, 19(4):18-29 | DOI: 10.25142/aak.2019.022  

The article analyzes selected factors of the audit of the financial statements of public research institutions. Specifically, it concerns the structure of auditors, the concentration of audit engagements in small number of auditors, the rotation of auditors and the disclosure of the remuneration for the audit company in the notes to the financial statements. The article mentions similar researches conducted in different types of non-profit organizations and the conclusions are then compared. The auditors of the financial statements of public research institutions are usually audit companies rather than the statutory auditors. Public research institutions,...

THE EFFECT OF ASSYMETRICALLY DOMINATED ALTERNATIVES FOR CHOSEN PRODUCT CATEGORIES

Radka Kubalová, Martin Klepek

Acta academica karviniensia 2019, 19(4):30-41 | DOI: 10.25142/aak.2019.023  

When faced with the choice problem involving two products each superior in a different dimension, an addition of an asymmetrically dominated alternative into the choice set might shift the consumer’s preferences towards the dominant alternative. In this article, the effect of asymmetrically dominated alternatives is explored on a sample of Czech consumers involving four different product categories – lunch meals, vacation destinations, gym season tickets, and washing machines. The research question is whether there might be any significant differences in the strength of the effect on choices of Czech consumers. The analyzed data were obtained...

PRODUCTION LEAD TIME AS A TOOL TO MEASURE LEANNESS LEVEL

Michal Medonos, Marie Jurová

Acta academica karviniensia 2019, 19(4):42-50 | DOI: 10.25142/aak.2019.024  

Measurement of lean production is a topic which isn’t too often mentioned by authors focused on lean methodology. We have decided to focus on this gap, because we believe that it is important part of successful implementation of lean production. We have created a simple method related to evaluation of leanness of production processes using production lead time. Based on our survey we could prove our method in real companies, using real data and parameters of their production lines. We asked responsible persons in addressed companies for an interview during which we filled in our questionnaire. Results brought us interesting insights into the...

IMPACTS OF HORIZONTAL INTEGRATION ON CZECH RETAIL STORES WITH FAST-MOVING GOODS

Michal Paták, Lenka Branská, Zuzana Pecinová

Acta academica karviniensia 2019, 19(4):51-59 | DOI: 10.25142/aak.2019.025  

Horizontal integration is currently an opportunity to increase the performance of organizations. While being possible with various entities, it is typical for retail stores and companies that provide paid logistics services. The literature deals with the benefits of horizontal integration and barriers to implementation. So far, however, it has not addressed the results of horizontal integration, i.e. perception of their advantages and disadvantages after the integration process. The paper expands the theoretical knowledge in the field of disadvantages of implemented horizontal integration. It presents the results of primary quantitative research carried...

THE IDENTIFICATION OF THE FACTORS WITH REGARD TO THE INFLUENCE OF REFERENCE GROUPS ON THE THEATRICAL MARKET IN THE CZECH REPUBLIC

Katarína Seifriedová

Acta academica karviniensia 2019, 19(4):60-71 | DOI: 10.25142/aak.2019.026  

The paper focuses on the theatre market in the Czech Republic and examines the influence of reference groups within this market. It specifically focuses on the information influence, the utilitarian influence and the influence expressing value. The aim of the paper is to identify factors that would reflect the influence of reference groups. The correlation analysis and factor analysis were used for this purpose. Respondents who participated in the online survey expressed their agreement with fourteen statements concerning the three influences of the reference groups which were mentioned. They were evaluated using a seven-point Likert scale. The data...

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Acta academica karviniensia

Acta academica karviniensia 2019, 19(4):72