Masaryk University Faculty of Economics and Administration 2nd International PhD Students Conference Under the Auspices of the Dean of the Faculty Doc. Ing. Martin Svoboda, Ph.D. NEW ECONOMIC CHALLENGES 20. 1. ­ 21. 1. 2010 Acknowledgements to the Advertising Partners: Partner of the Conference Strategic Partner of the Faculty: Main Partners of the Faculty: Important Partners of the Faculty: Faculty Partners: Faculty Sponsors: CONFERENCE SCHEDULE: Wednesday, 20th January 2010 9:00 ­ 10:00 participants' presentation and accommodation entrance hall on the 2nd floor 10:00 ­ 12:00 opening of the conference and keynote speakers presentations lecture hall P1 ­ "Citi Hall", 2nd floor Ing. Hripsime Nalbandyan, Ph.D. ­ Citibank Prof. Ing. Milan Žák, CSc. ­ VŠEM Prague Ing. Hynek Černý ­ Czech National Bank Ing. Miroslav Hloušek ­ Department of Economics, FEA Brno 12:30 ­ 13:30 lunch ­ students´ hall at Vinařská Street 14:00 ­ 15:30 parallel sessions I P2, P3, P4, P5, P6, P7 15:30 ­ 16:00 coffee break entrance hall on the 2nd floor 16:00 ­ 17:30 parallel sessions II P2, P3, P4, P5, P6, P7 18:00 ­ ... evening party entrance hall on the 2nd floor Thursday, 21st January 2010 09:00 ­ 11:00 parallel sessions III P2, P3, P4, P5, P6, P7 11:30 ­ 12:30 lunch students´ hall at Vinařská Street ­ luncheon vouchers will be distributed before the parallel sessions III 13:00 ­ 15:00 parallel sessions IV P2, P3, P4, P5, P6, P7 Scientific Committee Chairman: doc. Ing. Martin Svoboda, Ph.D. Dean of the FEA MU Members: prof. Ing. Ladislav Blažek, CSc. Head of the Department of Corporate Economy, FEA MU prof. Ing. Antonín Slaný, CSc. Head of the Department of Economics, FEA MU doc. Ing. Eva Horvátová, CSc. KBaMF NHF EU Bratislava, Slovakia doc. JUDr. Ivan Malý, CSc. Head of the Department of Public Economics, FEA MU doc. RNDr. Milan Viturka, CSc. Head of the Department of Regional Economics and Administration, FEA MU Ing. Petr Valouch, Ph.D. Head of the Department of Finance, FEA MU Organizing Committee Chairman: Mgr. Josef Menšík, Ph.D. Vice dean of the FEA MU Members: Ing. Petr Musil, Ph.D. Department of Economics, FEA MU Mgr. Petr Červinek Department of Finance, FEA MU Ing. Petr Smutný, Ph.D. Vice dean of the FEA MU Ing. Petr Valouch, Ph.D. Head of the Department of Finance, FEA MU Ing. Zdeněk Tomeš, Ph.D. Department of Economics, FEA MU Ing. František Svoboda, Ph.D. Department of Public Economics, FEA MU Ing. Naďa Voráčová Department of Research and Science, FEA MU Ing. Luděk Benada Department of Finance, FEA MU Ing. Dagmar Linnertová Department of Finance, FEA MU Ing. Jan Krajíček Department of Finance, FEA MU Mgr. Jiří Poláček Scientific Information Centre, FEA MU PARALLEL SESSIONS I ­ 20TH JANUARY, 14:00 ­ 15:30 Accounting and Taxation of Profit and Non-Profit Sector, 14:00 ­ 15.30, lecture hall P2 Contributions: Konečný - Company combinations in the view of IAS/IFRS Kútna, Gyurian - Tax burden in the Slovak Republic and its comparison with other states of the European Union Petrenko - Local Taxes and Fees in European Countries: Experience that could be used in Ukraine Randová - Analysis of Potential Impacts of Locally Supplied Services Inclusion into Reduced VAT Rate on these Services Suppliers Rubáková - Relation between Management Accounting and Controlling Financial Markets ­ Theory and Practice, 14:00 ­ 15.30, lecture hall P3 Contributions: Bučková - Special purpose entities as a form of offbalance sheet financing Erdős, Ormos, Zibriczky - Kernel Based Asset Pricing Kaszuba - Emerging markets in East and Central Europe Kiss - Venture capital and pension system Linnertová, Málek - The comparison of the index investing with the aktive investing Lyčková - Pension reform in the Czech Republic Maťovčíková - The important issues of the conversion to the Euro in the Slovak Republic Regional Development and Administration ­ Theory and Practice, 14:00 ­ 15.30, lecture hall P4 Contributions: Bojová - Measuring of Direct and Indirect Economic Contributions of Tourism in Australia Čechovičová - Economic impacts of tourism sector on the economy of Switzerland Horváth - Business Angels and Love Money Investors: Characteristics, Aims and Motivation Luštický, Kysela, Slabá - Evaluation of the Internal Links in the Programme Documents Pařil - Methods and Techniques of Measuring Human Life value Uhnavá, Zvara - Assumptions and Opportunities for Tourism Development . Economic Theory, Economic Policy and Economic History, 14:00 ­ 15:30, lecture hall P5 Contributions: Balcarová - The generalized double diamond model ­ application for Czech Republic and Slovakia Borcuch - Homo sociologicus vs. homo economicus ­ a comparison Bryša - Agents' Behavior and Efficient Market Theory Dzik - Price convergence on the European Union market, based on economic theory of the law of one price Jašová - Comparison of the trade-off between unemployment and inflation rate in a broader as well as narrower conception as applied in the situation in the Czech Republic Business Economics, Management and Marketing, 14:00 ­ 15:30, lecture hall P6 Contributions: Asamoah - Creating and managing global brand architecture Belorid - Airport Charges and Government Taxes Benchmarking Methodology Birtu - Expanding the pool of knowledge: Towards mutual competitive advantage Flak - An example of project management in electronics Franek - On-coming new opportunities and applications of web-based social networks in knowledge management Gubíniová - Changes in the macro marketing environment and implementation of the marketing mix in the clothing industry Hang - Knowledge management enablers in developing countries business management: toward the institution-based view PARALLEL SESSIONS II ­ 20TH JANUARY, 16:00 ­ 17:30 Development of Public Sector ­ Theory and Practice, 16:00 ­ 17.30, lecture hall P2 Contributions: Ali Taha, Čverhová - Education of the employees ­ a path towards leasing organization? Hálová - Intergenerational Redistribution and Solidarity as an Integral Part of a Pension System Kadeřábková, Pokorná - Time requirements of doctoral study programs Krůtilová - The impact of out-of-pocket payments in health care on family budgets Martišková - Is the State International Security Contribution a Matter of National Interest or a Matter of Financial Affordability? Pěkná - Participation and electronization in public administration Financial Markets ­ Theory and Practice, 16:00 ­ 17.30, lecture hall P3 Contributions: Mozdiakova, Czudek, Chalupecka - Compulsory Release of Information Published on the Capital Market Murawski - Corporate Social Responsibility in the international banking Mužáková - The Analysis of Technical Reserves in the Frame of Czech Insurance Market Pathirawasam - An Econometric Analysis of Stock Market Reaction to Abrupt Political Events: Emerging Market Evidence from India Reuse - Distribution of Share and Bond Prices an Analysis with the Kolmogorov-Smirnov and Jarque Bera test via MS Excel at the Example of the German RexP and DAX Šikulová, Mokrička - Pricing of Structured Products Using Visual Basic in Excel Valová - Risk management ­ Basel II and Solvency II Economic Theory, Economic Policy and Economic History, 16:00 ­ 17:30, lecture hall P5 Contributions: Kotková - Czech outward foreign direct investments Krčál - A Prospect Theoretical Model of Competition and Innovation Krčál - Competition and Profitability Staněk - Double Coincidence of Wants and the Essentiality of Money Business Economics, Management and Marketing, 16:00 ­ 17:30, lecture hall P6 Contributions: Hecker - Specific internal success factors for German direct investment in China Hoffmann - The ROI methodology as an universal procedure of measuring the effectiveness of human resources' investments Janicki - Crisis management within the confines of project Kotulič - Innovation classification and corporate inovation recording system Lesňáková - Financial management in the time of downturn Lovas - Hungarian corporations in global perspectives ­ An analysis of strategic opportunities and threats Matějovská - Characteristics of small and mediumsized innovative enterprises and problems affecting their activities PARALLEL SESSIONS III ­ 21ST JANUARY, 9:00 ­ 11:00 Business Economics, Management and Marketing, 9:00 ­ 11:00, lecture hall P6 Contributions: Mikuš - Competitiveness of Czech cooperative Molochny - Duality and Coexistence in Business Environment Pospíšil - Post - modern marketing and marketing communications Pulaj, Cipi - The necessity of information and communication technology to increase the competition of albanian SMEs Pyszka - Outplacement as a management tool in the area of layoffs Stuchlík - The role of M&A in Chinese expansion to the Czech Republic Szűcs, Csapó - The product is better when it is branded Tišlerová - The main pillars of the CRM Urbancová - Knowledge Continuity and Knowledge Management Zhang - The influence of digital technology on creative industries: An analysis based on value chai