Globalization and Its Socio-Economic Consequences, Volume II

This book compiles insightful papers from the 2023 International Scientific Conference "Globalization and its Socio-Economic Consequences." It explores Industry 4.0, economic sustainability, digital transformation, and behavioral economics, offering interdisciplinary perspectives on the global impacts of these trends.

Globalization continues to reshape the economic, social, and cultural fabric of our world, creating both opportunities and challenges. This book presents a collection of papers from the 2023 International Scientific Conference "Globalization and its Socio-Economic Consequences," held in Rajecké Teplice, Slovakia. The book examines the transformative effects of Industry 4.0, digital economies, and innovative technologies on global economic and social structures. It addresses critical topics such as economic sustainability, resilience, and behavioral economics, offering insights into how these forces influence policy-making, business strategies, and financial systems. Designed to spark interdisciplinary dialogue, these proceedings bring together contributions from scholars, researchers, and business professionals, fostering a deeper understanding of globalization's dynamics. By highlighting research and practical perspectives, this book aims to inform and inspire those engaged in navigating the globalized landscape.

Autorentext

Prof. Ing. Tomas Kliestik, Ph.D. heads the Department of Economics at the University of Zilina. He focuses cross-sectionally on financial health prediction, earnings management, cost of capital, risk quantification and diversification, and tax shield-based corporate output optimization. He now emphasizes AI, the IoT in the digital and smart economies. Elvira Nica is a full professor at the Bucharest University of Economic Studies, the dean of the Faculty of Administration and Public Management, and also Doctor Honoris Causa at the University of Zilina, Slovakia. She is a scientist in management and economics, focusing on HR management and its strategic aspects, as well as modern aspects of smart economies.

Inhalt

1. Matus Barath, and Dusana Alshatti Schmidt: Examining the Effects of Minimum Wage Growth on Flexibility in
   Employment in European Union: Catalyst or Constraint? - 2. Roman Blazek, and Pavol Durana: Ataraxia of corporate profitability in V4 countries - 3. Barbara Ceryova: The impact of the Covid-19 pandemic on the transatlantic stock market dependence - 4. C t lin R zvan Dobrea, Cristina Dima, M d lina Moncea, Florin Uta, and Carina Ilinca Gombos: The impact of the Covid-19 pandemic on the transatlantic stock market dependence - 5. Igor Domeny, and Anna Dolinayova: Railway passenger market liberalization in EU - what are the consequences and future development vision? - 6. Pavol Durana, and Simona Vojtekova: May the force be with construction in the V4 region! - 7. Barbora Gabrikova: Evaluation of the effectiveness of active labour market policy instruments: Globally-utilized methods - 8. Dominika Gajdosikova: COVID-19 as a global phenomenon and its impact on corporate debt level in Slovakia - 9. Janka Grof íková: What changes occurred in the cash conversion cycle of industrial enterprises
   during the covid pandemic? - 10. Mária Halenárová, Henrieta Harcsová, and Adrián akaniin: The Economic Efficiency of Visegrad group Spas - 11. Kristian Kalamen, Rastislav Solej, and Zuzana Dzilska: Consequences of COVID-19 on Financial Markets - 12. Tatiana Kotcofana, and Armen Altunyan: The role of intermediaries in the development of inflation in the Russian economy - 13. Viera Kovacikova: Position of the informal private primary schools in Nairobi after the reintroducing universal primary education - 14. Erika Kovalova: Ex-ante analysis of selected multinational companies operating in the engineering industry - 15. Katarina Kramarova, and Lucia Svabova: The connection between working capital and the performance of selected enterprises in the Slovak Republic - 16. Erika Lapinova, and Martina Kubisova: Financial management of municipalities during the covid-19 crisis - 17. Iveta Linina, Velga Vevere, and Rosita Zvirgzdina, Michal Mertus, Ludomir Slahor, and Magdalena Musilova: The impact of the current geopolitical situation on retail companies in Latvia - 18. Lucia Michalkova: Life cyclein the context of corporate finance. Bibliometric analysis - 19. Elina Mikelsone, and Aivars Spilbergs: Impact of education on well-being in OECD in the European countries - 20. Frantisek Milichovsky, and Pavel Mracek: Identification of financial performance due application of factor analysis on companies in the waste industry in countries of the Visegrad group - 21. Hussam Musa, Yaroslav Lysenko, and Juraj Medzihorsky: Does ESG have an impact on a company's financial performance? Evidence on European listed companies and ESG Analytics.io AI database for the COVID 19 period - 22. Yuliya Petrenko: Information beyond the borders: HFCS data and financial analysis of private business in Slovakia - 23. Adela Poliakova, and Blanka Kamenikova: Slovak and Czech Flat Market Analysis - 24. Martin Pozdilek, and Alena Pozdilkova: Phonetic Analysis of Inaugural Address of Harry S. Truman with Global Economic and Political Aspects - 25. Alena Pozdilkova, and Martina Hedvicakova: The Global Impact of the COVID-19 Pandemic on Public Health Care Expenditure in Relation to Economic Performance - 26. Zuzana Rosnerova, Olga Ponisciakova, and Eva Kicova: Knowledge of financial literacy found on the model of the Slovak Republic as a global starting point for application in the countries of the Vysegrad Four - 27. Kristina Saghy Estelyi: The impact of globalization on the Czech Republic's net international investment position - 28. Matus Senci, and Lucia Sbabova: Unravelling the Threads: Exploring Determinants of Unemployment and the COVID-19 Crisis Impact - 29. Agne Simelyte, and Arturas Struca: Do the changesin international relations have a significant impact on the economy? - Abdulgafur Sinani, and Jana Kajanova: The Effects of Direct and Indirect Taxes on Economic Growth from the Aspect of Globalization: Evidence from the Republic of North Macedonia -31. Rastislav Solej, and Mária Vojtasová: Consequences of COVID-19 on labour market in Slovakia - 32. Viktor Soltes, Veronika Adamova, and Matus Madlenak: The impact of global challenges on crime committed by foreigners in Slovakia - 33. Patricia Teplanova: Analysis of the impact of applying the new international standard IFRS 17 - Insurance contracts on the financial statements of insurance companies - 34. Jolana Volejnikova, and Michael Vavra: The impact of the global pandemic crisis on inflation in the Czech Republic - 35. Michal Zavodny: Analysis of selected stock before, during and after the Covid-19 pandemic, using the GARCH model - 36. Natália Barteková, and Axel Sven Peisker: The Relevance of Globalisation to Authenticity of Marketing in the Sales Process of Assurance Products - 37. Kamilla Baa, Renáta Machová, Enik Korcsmáros, and Máté Pék Employees Perception on Home Office in the Period after the COVID-19 Pandemic - 38. Jaroslav Belas, Katarina Zvarikova, Martin Sramka, and Roman Ondrejka: Human Resources Management - The Impact of Firm Size, Gender and Education on Entrepreneurs' Attitudes - 39. Tamas Darazs: Localization orglobalization? Which approach is better for places branding? - 40. Patrik Fitala, Radovan Savov, and Monika Stümpelová: The importance of strategy implementation and control in effective management decision-making processes - 41. Oana Camelia Iacob Pargaru, Irina Elena Petrescu, Radu Alexandru Chiotan, Ovidiu Andrei Cristian Buzoianu and Otilia Ganea: Sales expansion at S.C Foldo Creative Studio SRL in the context of globalization - 42. Milena Janáková, Milena Botlíková, and Josef Botlík: Online customer relationship management in the decision-making processes of potential cultural tourism visitors - 43. Katarina Janoskova…