David Mareš

Bio: David Mareš is an academic researcher from University of Finance and Administration. The author has contributed to research in topics: Productivity & Czech. The author has an hindex of 3, co-authored 10 publications receiving 31 citations.

Small and medium-sized enterprizes : opportunities and challenges

Abstract: Small and medium-sized enterprises play a major role in national economy. However, their lifetime is limited by the micro-economic climate. This paper discusses whether credit exposure has a major impact on the rate of bankruptcy and this hypothesis is verified by means of statistical methods, based on official statistical data and selected published studies and researches. The hypothesis was not fully confirmed in our investigation. The output of the paper was an evaluation of the dependency of bankruptcy of SMEs on their credit exposure and the presentation of other factors that might have an impact of SMEs, making them either successful or going to bankruptcy.

Stabilization factors of family enterprises in the context of macroeconomic performance

Abstract: The article describes performance and stabilization factors in the context of macroeconomic performance of small and medium-sized enterprises (SMEs), which comprise also family businesses (SMEs) in the Czech Republic. We consider the number of SMEs active entrepreneurial subjects, the number of SMEs employees, the accounting value added of SMEs and the wage costs of SMEs the performance and stabilization factors. As a representative of macroeconomic performance the authors chose GDP. The stability and performance of SMEs are examined through statistical methods: the Pearson correlation coefficient and the average growth factor. The statistical methods are applied to the data time series between 2002 and 2016. The stability and performance factors are mutually measured and evaluated.

Research of the socio–economic situation of the population of the Czech republic by way of macroeconomic factors.

Abstract: Authors assess the socio-economic situation of the population of the Czech Republic by way of macroeconomic factors. They study interconnection of economic productivity of the Czech Republic which is measured by way of GDP in the years 2007-2014 on the socio-economic situation of the population of the Czech Republic. In the article, the situation is represented by macroeconomic factors such as final consumption expenditure of households and gross national savings in 2007-2014. All factors are firstly examined from the point of view of suitability – stability of statistical data based on a year-on-year growth or recession and average figures. These results are compared and further, the reliance of the consumption expenditures on gross domestic product is assessed by way of statistical apparatus (Pearson’s Correlation Coefficients). The goal of the assessment is to discover reliance of the consumption expenditure of the households on productivity of the economy or the relation between savings and the productivity of the economy.

Liquidity and Stability of Agriculture in the Czech Republic

Abstract: This article is based on empirical research and 2007–2012 statistical data from joint stock companies which were active in the agriculture sector of the Czech Republic. It deals with the wider aspects of liquidity and stability using suitable liquidity indicators and a vertical financial analysis over a sufficient period of time providing valid results for assessing liquidity and stability of agriculture in relation to cyclic fluctuations. The vertical financial analysis was performed to determine the liquidity structure at current assets and short term debts. Then convenient indicators of current ratio, quick ratio, and cash ratio were applied and interpreted in relation to cyclical deviations and agriculture specifics. From the viewpoint of liquidity measured using the current ratio, agriculture in the Czech Republic is stable and the current ratio values bear witness to solid liquidity, whereby the short-term assets exceed the short-term external funds. Research is to show whether the agriculture sector is liquid and whether the liquidity indicators provide the basis for solvency in the given field.

Performance and stability of the sectors in the food industry of Czech Republic

Abstract: This article deals with performance, stability and predictions for the individual sectors of the food industry in Czech Republic basing on the statistical data for the years 2005–2015. The goal of the article is to provide reasons for individual changes, i.e., to determine the key factors which have influence on the performance and stability of individual sectors, to point to the stability of individual sectors and at the same time to predict their performance in the future. The conclusion has been reached that bakery, confectionary and other flour-based products and Other food products are the best performing areas in the given branch and that Meat and meat products,. Fish, crustaceans and molluscs, Dairy products, Other food products and Industrial feeds will increase their performance in the future, while other areas in the branch which have been subjected to statistical analysis are expected to experience a fall in performance

起業と経済成長 : global entrepreneurship monitor調査報告

Abstract: 第１章 ＧＥＭ調査の概要（分析の枠組み；調査方法；起業活動の定義；起業活動率；起業活動と経済成長；起業の計画と失敗） 第２章 起業家と事業特性（起業家の背景；起業家の能力；事業特性；起業家教育） 第３章 起業の環境（社会的資源；起業家に対する評価；経済危機の影響；起業活動の投資環境） 第４章 専門家調査（資金調達；政府の方針；支援プログラム；教育システム；技術移転；コマーシャル・サービス；起業文化；事業機会；経営能力；起業家に対する評価；女性への支援；急成長への注目；イノベーションへの関心；調査結果） 第５章 政策への提

Fintech as financial innovation – the possibilities and problems of implementation

Abstract: There is a growing competition between banks and fintech not only in advanced economies, but also in the emerging markets. However, it is yet to be observed in Latvia to the same extent. This paper aims to evaluate fintech's level of development in Latvia compared to Europe.The paper identifies financial services using innovative technologies offered by fintech companies, analyses the advantages and disadvantages of these services in comparison with services offered by the traditional financial sector companies (banks, insurance companies, institutions involved in asset management and investment, etc.), and evaluates how prepared are consumers to use fintech services. This paper documents the results of the survey aiming to clarify how well-informed consumers in Latvia are about fintech services, their convenience, speed and safety, as well as the consumers' current satisfaction with banking services.The hypothesis of this paper is that Latvian society is not ready to use services provided by fintech, but prefers banking services instead. Survey results provide some evidence in favour of this hypothesis: they show that respondents are generally unaware about fintech services in Latvia and their associated innovations and new financial products.This paper makes several recommendations for managers of fintech enterprises, association of start-up enterprises and risk capital funds as well as state institutions.

Multinationals in the motor vehicles industry: a general equilibrium analysis for a transition economy

Abstract: In the Post-Communist era many western multinational enterprises (MNEs) have arrived to the Czech Republic. The process has been particularly intense in the Motor vehicles sector. This article analyses the economy wide and sectoral impacts for this host economy by means of a computable general equilibrium (CGE) model. The growth of the capital stock for Motor vehicles MNEs leads to small increases in GDP and welfare. However, after a certain degree of capital accumulation saturation effects arise and GDP and welfare begin to fall. The phenomenon of profit repatriation, which has been substantial since 2004, can considerably exacerbate the negative effect on GDP and welfare.

Innovative controlling and audit – opportunities for SMEs

Abstract: This research is oriented to SME’s innovation activities, its management system and competitiveness based on innovations. Research is focused on causalities between innovative controlling, audit, enterprise innovation activities and the results put in context with ROA, ROE, turnover. Data for this research were collected in 317 European SMEs by researches by using questionnaire and analyzed by advanced statistical methods. The aim of this research is to identify key factors for successful innovation enterprise activities, to define weaknesses and common mistakes. Secondary aim is to design controlling process for SME’s innovation activities. The findings of this research are opening up topics for further research.

Risk Audit of Marketing Communication

Abstract: With the continued growth in the business environment and Industry 4.0 companies are taking new business opportunities while facing new business risks at the same time. Risk management tools include a modern audit, which evaluates risk through analytical approaches.The objective of this article is therefore to verify the analytical possibilities of the audit to detect and eliminate the selected risks. The methodological processing of this goal is addressed by analysing the risks of marketing communication and audit testing on the Generation Z sample for which the on-line environment is part of everyday life.Audit results reveal specific risks in marketing communications and suggest recommendations for their adequate reduction. These recommendations can then be used to innovate marketing strategies.