Electronic Library of Scientific Literature - © Academic Electronic Press


Volume 52 / No. 2 / 2004


Book Reviews

Comparison of Full Absorption Costing to Activity Based Costing (ABC)

Porovnanie prirážkovej kalkulácie nákladov a kalkulácie nákladov podľa čiastkových činností (metóda ABC – Activity Based Costing)

Milan KUPKOVIČ – Miroslav TÓTH*

* prof. Ing. Milan KUPKOVIČ, PhD. – Ing. Miroslav TÓTH, PhD. Ekonomická univerzita v Bratislave, Fakulta podnikového manažmentu, Katedra podnikovohospodárska, Dolnozemská cesta 1, 852 35 Bratislava 5; e-mail: tothm@dec.euba.sk

Abstract: Activity Based Costing (ABC method) is new managerial method of costing, budgeting and accounting system, practice and technic, which represent causal relationship between creation of outputs and activities that would consume enterprise sources. Through the medium this causal relationship can try more accurately allocate costs.
Direct costs would direct allocate on individual outputs, indirect costs can through the medium multistage cost allocation base to indirect costs. Herewith try eliminate volume indirect cost expression them variability in relationship to causality origination of costs. Activity Based Costing includes these building elements: sources, activities, cost objects and drivers.

Key words
: costing, full absorption costing, activity based costing

JEL Classification: M4, M40

Controlling – Modern Tool of Company Control

Controlling – moderný nástroj riadenia podniku


* doc. Ing. Anna šatanová, CSc. – Ing. Marek Potkány, PhD., Technická univerzita vo Zvolene, Drevárska fakulta, Katedra podnikového hospodárstva, Masarykova 24, 960 53 Zvolen; e-mail: satanova@vsld.tuzvo.sk ; potkany@vsld.tuzvo.sk

Abstract: Controlling as a tool of company control subserve specified responsibilities and function like advisory, control and coordination. Controlling from time aspect can divide to strategic controlling and operative controlling. Intradepartmental controlling exercise control system by means of variance which have justification by incomplete costing. This paper deals with three main areas: determination of controlling – its main tasks and position in the system of managing; further, with evaluating time aspect of controlling, and finally, with system of the managing by deviations into interdepartmental controlling (vertical vs. horizontal structure).
Key words:
controlling, price level, contribution, incomplete costing

JEL Classification: M11, M40

Technical Reserves and Investment Activities of Commercial Insurance Companies in Slovakia

Technické rezervy a investičná činnosť komerčných poisťovní na Slovensku


* Ing. Eva KAFKOVÁ, PhD., Ekonomická univerzita v Bratislave, Podnikovohospodár- ska fakulta so sídlom v Košiciach, Katedra ekonómie, Tajovského 13, 040 30 Košice, e-mail: kafkova@euke.sk

Abstract: The transition of special insurance funds into technical reserves is the integral part of harmonization of Slovak insurance market with the insurance market of the European Union. The creation, use and placement of technical reserves have been in concordance with the European Union Guidelines since 1996. At present there are some differences in technical reserves volume and in the port-folio structure of insurance companies.
The obtained results within the process of technical reserves creation and consistent application of allocation principles are inevitable prerequisites of further optimisation of investment activities of commercial insurance businesses.

Key words:
technical reserves, investment activity, investment portfolio

JEL Classification: G22

The Impact of Foreign Direct Investments on Performance of Manufacturing Enterprises in Slovakia

Priame zahraničné investície a ich vplyv na výkonnosť výrobných podnikov v Slovenskej republike

Tomáš SABOL* – Adela HOŠKOVÁ**

*   doc. Ing. Tomáš SABOL, PhD. ,Technická univerzita Košice, Ekonomická fakulta, Katedra bankovníctva a investovania, B. Němcovej 32, 041 20 Košice; e-mail: tomas.sabol@tuke.sk
** Ing. Adela HOŠKOVÁ, PhD., Brnenská 11, 811 04 Bratislava 1

Abstract: Foreign direct investments (FDI) incoming to Slovakia are targeted into industry with medium-low technological level, namely in the amount of 55 % of total FDI inflow in Slovakia.
They bring positive effects mostly in the sphere of labour productivity. Socalled multiplication or spillover effects are also resources of this positive development.
The inflow of FDI into Slovak economy did not yet cause visibly higher ace-leration of value added in the enterprises with FDI.
There are several reasons: it seems that nowadays it is more often to apply rather simpler production with low finalisation and higher rate of labour for production of components and parts.

Key words:
labour productivity, value-added, level of technology, spillover effects

JEL Classification: D24, D51, D57

The Management of Research and Development in the Global Business Sector

Riadenie výskumu a vývoja v globálnom podnikovom sektore

Arnold Steve LUKNIČ* 

* h. doc. Arnold Steve LUKNIČ, PhD., Univerzita Komenského, Fakulta managementu, Katedra managementu, Odbojárov 10, 831 04 Bratislava 3

Abstract: The main goal of the article is to explain the main components of management of research and development (R & D) within the global business sector. This includes: the domains of basic and applied research; organizational structure pertaining to centralization or decentralization; management of creative teams and individuals; problems and challenges in achieving balance between short and long-term research portfolios; and the management and coordination of international R & D. The approach used assumes context of technological innovations.
Key words:
management of technological innovation (MTI), basic and applied research, research and development (R & D), advance engineering, design engineering, gatekeepers, dynamic random access memory (DRAM)

JEL Classification: O32

Risk of Globalization: Case Study of Lithuanian Economy


* Romualdas GINEVICIUS, habil. Dr., professor of economics, Rector of Vilnius Gediminas Technical University, Head of Department of Economics and Management of Enterprises. His research interests are in globalization of firms and theory of a firm, development of regions as well as development of transition economies. E-mail: romualdas.ginevicius@adm.vtu.lt
** Manuela TVARONAVIČIENÉ, PhD., works as associate professor at Vilnius Gediminas Technical University, Department of Economics and Management of Enterprises. Her research interests involve globalization, foreign direct investments, economical reforms in transition economies, investigation of legal tools of conditioning of business environment and factors stimulating investment processes in transition countries. E-mail: manuela@post.omnitel.net

Abstract: The paper deals with foreign direct investments (FDI) in Lithuania. An issue of priority is to determine if inflow of foreign capital in all cases contributes sufficiently to development of national economy. Investigation of controversial impact of FDI on Lithuania is based on theories presented by concise review of the literature examining the role of FDI in transition economies. The detailed analysis of FDI directed to different sectors of Lithuanian economy let to determine cases when globalization retards economic development of host country.
Key words: globalization, foreign direct investments, economic growth, privatiza-tion, restructuring of economy, motivation of investors, quantitative evaluation

JEL Classification: A10, E62, F43, H11, P26

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