Efficiency is one of the tenets in assessing the financial health of an enterprise. Ultimately, the form of asset management has a major impact on growth but also on the decline of profit. It also reveals how the enterprises are positioned within the competitive market environment. For this...

The aim of the article is to evaluate the position in global value chains (GVCs) of food processing industries in the Visegrad countries (V4; Poland, Czechia, Hungary and Slovakia) between 1995 and 2018. To identify the intensity and forms of integration in GVC of these industries in each country...

Twenty years after the EU accession of the Visegrád countries-- Poland, the Czech Republic, Slovakia and Hungary - we analyse their development of unit labour costs and of the labour share in manufacturing for the years 1995 to 2023. Firstly, the labour shares in the Visegrád countries have...

The circular economy is important in implementing EU Green Deal targets, climate change mitigation commitments, and pursuing sustainable development. A circular economy allows the reduction of waste and environmental damages linked to waste to save natural resources and mitigate climate change....

The article presents the results of research aimed at identifying the determinants of Industry 4.0 (I4.0) readiness in manufacturing and assessing the relevant progress made by the Visegrad Group (V4; i.e. the Czech Republic, Hungary, Poland and Slovakia) countries between 2011 and 2021. The...

The paper presents the results of an analysis of selected population groups in the labour markets of the Visegrád Group (V4) countries (i.e., Czechia, Hungary, Poland and Slovakia) from 2015 to 2020. The study assesses the relative situation of these groups, taking into account the skill...

We draw intuitions from the systemic perspective of innovation to develop and test a conceptual model aimed at examining the various factors capable of infuencing the novelty of innovations within frms in Visegrad countries. The empirical results based on the analyses of about 2,132 frms...

The paper analyzes the relationship between innovation dimensions, according to the European Innovation Scoreboard, and the entrepreneurship rate in a group of moderate innovator countries. Using the Pearson linear correlation, the author conducted a data analysis based on an empirical study...

Objective: The findings of previous research on women serving on company boards have been inconclusive, with some demonstrating a positive influence of women on company performance while others indicate a lack of impact. While certain theories advocate for the appointment of women to the board,...

Startups, understood as new forms of innovative and fast-growth ventures, are emerging in traditional industries, creating intense competition and displacing former leaders. Our study focuses on location theory embedded in institutional and resource context and its application to startups in the...

This article provides panel data estimations of the tax revenue determinants in VG (Visegrad Group) countries (the Czech Republic, Hungary, Poland, and Slovakia) for the period 1994-2023. The aim of this research was to determine how the macroeconomic determinants affect the tax revenues in the...

Twenty years after the EU accession of the Visegrád countries-- Poland, the Czech Republic, Slovakia and Hungary - we analyse their development of unit labour costs and of the labour share in manufacturing for the years 1995 to 2023. Firstly, the labour shares in the Visegrád countries have...

The objective of the paper is to examine seasonal patterns in the performance of fuel markets in the Visegrad Group (V4) countries (i.e., the Czech Republic, Hungary, Poland, and Slovakia). Unlike numerous papers that investigate global oil markets, this study focuses on regional retail fuel...

Ukraine's post-conflict economy needs new opportunities to grow because it has not been able to rebuild itself economically. As we live in an era of globalization, it is crucial that national economies - especially Ukraine's - meet the demands of the international community. With its...

The aim of the article is to present a review of the literature on energy subsidies and the scale and structure of subsidies for energy production in the Visegrad Group countries. It also presents the most important results of an investigation into the relationship and impact of fossil fuel...

We present a comparative study of flows between institutional sectors in the economies of Czechia, Hungary, Poland and Slovakia, with particular emphasis on the role of the foreign sector. The purpose of our study is to determine the strength and nature of inter‑sectoral ties in the analyzed...

The recognition of the social and economic role of entrepreneurship has brought to the fore the question of what influences entrepreneurial ideas and how entrepreneurship can be encouraged. One possible route to an entrepreneurial career is to take over the family business. This article focuses...

The paper focuses on investigating the correlation and volatility of fuel markets in four countries of the Visegrad region, namely Hungary, the Czech Republic, Poland, and Slovakia. The primary objective of the paper is to explore regional fuel markets and retail prices in these countries by...

The purpose of the study is to identify the level of public spending on education in the Visegrad Group countries in 2011-2021. The source material was data from the European Statistical Office for Poland, the Czech Republic, Slovakia, and Hungary, collected in accordance with the International...

The aim of the article is the quantification of the effect size of business risks in the context of small and medium-sized enterprises' (SMEs) sustainability according to gender. Data collection was carried out in the period 12/2022-01/2023 using the CAWI methodology. 1,090 owners and managers...

The current study investigates how institutional constraints and firms' and entrepreneurs' characteristics affect business recovery. Some elements have not yet been rigorously examined in the existing literature, especially not concerning the post-communist countries' business recovery component...

The recognition of the social and economic role of entrepreneurship has brought to the fore the question of what influences entrepreneurial ideas and how entrepreneurship can be encouraged. One possible route to an entrepreneurial career is to take over the family business. This article focuses...

Gender equality is a fundamental human right and one of the core values of the European Union (EU). Great efforts have been made to defend this right and to promote gender equality within the member states and around the world. However, there are still significant differences between men and...

The result of the 2016 Brexit referendum came as a shock to European public opinion. It was the first time a country was leaving the structures of the EU. It raised a number of questions and concerns especially in the countries of Central and Eastern Europe, from which thousands of citizens...

The European Green Deal, which aims to steer the EU towards climate neutrality, has traditionally been met with a degree of reluctance by the Visegrád countries. The convergence to green targets represents a particular challenge for these economies, given their fossil fuel-intensive industrial...

This paper investigates the dynamic correlation and volatility of fuel markets in the Visegrad countries: Hungary, the Czech Republic, Poland, and Slovakia. The paper examines regional fuel markets and retail prices. The research explores the interrelationships of Visegrad fuel markets using VAR...

There are two main ways to reduce anthropogenic GHG emissions: energy efficiency improvement and increase usage of renewable energy sources. Taking these two main ways into account, it is possible to analyze the main drivers of GHG emissions in the country and to make forecast of future GHG...

The goal of the article is to examine the relationship between government expenditure and economic growth in the Visegrad Group in the period 2000-2020. Economic theory as well as published studies have suggested that government expenditure is an important factor in ensuring economic growth,...

The determinants of FDI inflows have been a subject of unremitting debate in the economic literature over the years. However, the role of country risk has received inadequate attention, especially in the context of the Visegrád countries, which comprise the Czech Republic, Hungary, Poland and...

In 2022, there is a rapid increase in the prices of bread, flour and grain in the Visegrad countries and Albania. However, historically, the Visegrad countries have always met their own needs through domestic production, and the rise in prices cannot be associated with a shortage of supply of...

To benefit from the newly established EU Recovery and Resilience Facility (RRF), the Visegrád countries - Czechia, Slovakia, Hungary, and Poland - have submitted their national recovery plans. The Czech and Slovak plans have already been approved by the EU, paving the way for the up-front...