Veronika Čabinová

University of Prešov | UNIPO · Department of Development, Informatization and Quality Assessment

The aim of the paper is to propose a suitable structure of the newly designed Financial Health & Prediction (FH&P) rating model, and by putting it into practice in Slovak spa enterprises, to contribute to the development of financial management concepts for spa facilities operating in the field of tourism. The quantification of individual dimension...

Slovak spa services are not given sufficient attention directly following the support and sustainable development. The paper focuses on the evaluation of the overall development and current level of efficiency of the Slovak spas in 2013–2018, through the application of DEA models. Input variables (total number of beds, employees, medical staff) and...

Measuring the performance and efficiency of the tourism enterprises is essential regarding the current pandemic situation. In such a context, improving their financial situation and competitive position also depend on the use of innovative multi-criteria evaluation models. The paper's main objective is to propose the newly designed Performance & Ef...

Managing people is the basis of the existence of any company, which determines the achievement of economic, managerial and social goals. In this context, an irreplaceable place belongs to the company’s management and individual managers. The complexity of managerial work gives high demands on managers at all levels, which apply equally to men and w...

The paper deals with the issue of increasing the efficiency of business management using modern management methods and tools in tourism enterprises. The basis of the paper form hypotheses focused on the use of the concept of Balanced Scorecard, controlling, benchmarking, and talent management within the tourism enterprises. Based on the p-value (0....

This paper evaluates the efficiency level of medical spa businesses operating in Slovakia. The research aims to compile an efficiency ranking of these specific healthcare facilities to apply both methods and analyze their alternative use within the efficiency level measurement. The object of research is the Slovak spa businesses over the years 2014...

The main aim of the paper was to analyse the economic and social development of the European Union (EU) member states (28 countries) on the basis of selected five multicriteria indices (the Global Competitiveness Index, the Economic Freedom Index, the Global Innovation Index, the Corruption Perceptions Index, the Human Development Index). To perfor...

Innovation leading to increased productivity is the fundamental source of increasing wealth in an economy. Hence, the innovation is the most important factor for countries that guarantees employment growth, sustainable growth, social welfare and the quality of life. It´s obvious, that firms and entrepreneurs are at the centre of the innovation proc...

Innovation is considered as a major driver in improving enterprise activities, with direct impact on the long-term economic growth of any nation. In this backdrop, the study was devoted to examining the impact of the cross-border activity of enterprises on the innovation potential of the EU(28) countries over the years 2011-2018 in the context of g...

Innovations play an inevitable role in achieving macroeconomic growth of countries, and innovative activity is perceived as a source of sustainable development. This paper’s main objective is to explore the impact of innovation determinants on the macroeconomic development of the EU (28) member countries and identify key problem areas distorting su...

This research paper examines the issue of Total Quality Management (TQM) as a dynamic tool for managing and improving the performance and competitiveness of enterprises. The empirical analysis was focused on the current state of using this concept as well as identifying barriers that prevent its use in practice. In order to verify the hypotheses, d...

Research background: In the context of constantly changing business environment, the financial sector is focusing on new trends in financial management systems. Nowadays, there is a need to achieve long-term financial growth, so financial managers try to develop new models for managing and improving the financial performance of businesses in econom...

Sustainable development of countries is a phrase we hear in order to underline ideal vision of the future. Nevertheless, a right understanding of this issue and its challenges is quite complicated as the sustainable development is a long-term solution to how we should live in the future without causing damage to the environment. At national level,...

The issue of measuring and evaluating the enterprise performance and efficiency remains an open question, as identification and management of the financial health still represent a prerequisite for improving strategic management decision-making processes. In this regard, the aim of paper was to evaluate the performance and efficiency of the Slovak...

Research background: Under the current conditions of increasing competitiveness and interdependence, national economies are more influenced by the global business environment and its development. Constantly changing economic, social, political aspects, and many other factors, cause the differences in the global competitiveness of economies, so the...

Each model for measuring performance and prediction is different as it uses different mathematical approaches and works with different indicators. In the era of rapidly changing economic environment, the standard methods for measuring financial performance and assessing financial health are less adequate. Most authors focus on enhancing the predict...

In this paper, the following research problem was addressed: Is there a significant economic impact of multidimensional specified competitiveness within the EU (28) countries on the competitive business environment, human development, and sustainable growth? Based on the mentioned research problem, we formulated the aim of paper: To detect the sign...

This paper is focused on assessing the influence of leadership style on employees according to their age and gender in the selected financial institution. The main aim of presented research study is to find out how management style affects the work activity and performance of employees. In this regard, the emphasis is put on formulation of two hypo...

The aim of presented paper was to create and subsequently apply the Modified 3D Creditworthy Model (MCWM) of performance reflecting sectoral characteristics and financial specificities of the selected sample of Slovak tour operators over the years 2013 – 2017. The intention of this research study was to implement the key financial indicators and ap...

In this paper, we addressed the analysis of strategic management issues with specific focus on the use of Balanced Scorecard concept within the Slovak tourism enterprises. The main objective of paper is to highlight barriers complicating the application of the above mentioned method into business practice by means of the data obtained from the ques...

The main objective of this paper was to analyse the performance and efficiency development of the Slovakia's spa sector over the years 2013 – 2017 by applying the selected modern methods of business performance evaluation – the Economic Value Added, the Return On Net Assets, the Creditworthy Model, the Simplex Linear Programming Method and examine...

The paper focuses on the issue of non-financial indicators in construction companies in Slovakia through the Balanced Scorecard concept as a tool of strategic management. The main aim of the paper is to find out the current state of using the method of Balanced Scorecard in construction companies in Slovakia. Two hypotheses were established in the...

This paper examines the relations between the R&D expenditure and the global competitiveness development in the case of Slovakia as well as in member states of the European Union from Central and Eastern Europe (CEE EU (11)). To assess the competitiveness of CEE EU (11) member states, we used the Global Competitiveness Index (GCI) processed by the...

The main aim of this article is to analyse the performance development of the selected Slovak company – Košice International Airport by means of modern approaches of financial performance evaluation linked to designing a strategic Balanced ScoreCard (BSC). The empirical analysis of the company's financial performance development was performed on th...

The issue of countries' competitiveness and sustainable economic growth is constantly at the centre of interest and represents the frequent object of research in economic theory as well as economic practice. The multi-criterial approach and the assessment methodologies relating to the global competitiveness have been dynamically adjusted over the r...

In the context of ensuring the long-term prosperity of each country, the more and more emphasis is placed on the mutual comparison of the nation´s competitiveness in the European or global area, so every country monitors and supports the development of its global acceptability. The aim of this paper was to analyze the development of Slovakia’s comp...