E-Book Content
Proceedings of the 8th International Scientific Conference
FINANCE AND PERFORMANCE OF FIRMS IN SCIENCE,EDUCATION AND PRACTICE
Under the auspices of the Dean doc. Ing. David Tuček, Ph.D.
April 26 - 27, 2017 Zlín, Czech Republic
Proceedings of the 8th International Scientific Conference Finance and Performance of Firms in Science, Education and Practice
Scientific Committee: Dr. Adam Balcerzak Nicolas Copernicus University
Prof. Ing. Jaroslav Belás, PhD. TBU in Zlín
Prof. Le Vinh Danh, Ph.D. Ton Duc Thang University, Ho Chi Minh City
assoc. Prof. Bruce Dehning, Ph.D. Chapman University, California
Prof. Romualdas Ginevičius Vilnius Gediminas Technical University
Prof. Ari Ginsberg New York University
Prof. Dr. Dr. Parissa Haghirian Sophia University, Tokyo
Prof. RNDr. Josef Hynek, MBA, Ph.D. University of Hradec Králové
doc. Ing. Adriana Knápková, Ph.D. TBU in Zlín
Prof. Ing. Bohumil Král, CSc. University of Economics Prague
Prof. Kenneth Kriz, Ph.D. Wichita State University, Kansas
Ing. Petr Novák, Ph.D. TBU in Zlín
Prof. Dr. Ing. Drahomíra Pavelková TBU in Zlín
doc. Ing. Boris Popesko, Ph.D. TBU in Zlín
Prof. Ing. Mária Režňáková, CSc. Brno University of Technology
Proceedings of the 8th International Scientific Conference Finance and Performance of Firms in Science, Education and Practice
Prof. Ing. Juraj Sipko, Ph.D., MBA Slovak Academy of Sciences, Bratislava
doc. Ing. David Tuček, Ph.D. TBU in Zlín
Prof. Ing. Milan Zelený, M.S., Ph.D. TBU in Zlín
Prof. Ing. Miroslav Žižka, Ph.D. Technical University of Liberec
Editors: Petr Novák, Zuzana Jurigová, Ludmila Kozubíková, Jana Zlámalová © Tomas Bata University in Zlín, Zlín 2017 ISBN 978-80-7454-653-2
Proceedings of the 8th International Scientific Conference Finance and Performance of Firms in Science, Education and Practice
Reviewers doc. Ing. Vojtěch Bartoš, Ph.D. (Brno University of Technology) Ing. Bc. Marcela Basovníková Ph.D. (Mendel University in Brno) RNDr. Pavel Bednář, Ph.D. (Tomas Bata University in Zlín) Ing. Jiří Bejtkovský, Ph.D. (Tomas Bata University in Zlín) prof. Ing. Jaroslav Belás, PhD. (Tomas Bata University in Zlín) Ing. Radek Benda, Ph.D. (Tomas Bata University in Zlín) Ing. Petra Benyahya, Ph.D. (Tomas Bata University in Zlín) dr hab. Yuriy Bilan (Tomas Bata University in Zlín) Ing. Michaela Blahová, Ph.D. (Tomas Bata University in Zlín) doc. Ing. Petr Briš, CSc. (Tomas Bata University in Zlín) PaedDr. Pavla Břusková (National Cluster Association) prof. Ing. Ladislav Buřita, CSc. (Tomas Bata University in Zlín) Ing. Zuzana Crhová (Tomas Bata University in Zlín) Ing. Dagmar Čámská, Ph.D. (Business Institut) Ing. Kamil Dobeš, Ph.D. (Tomas Bata University in Zlín) dr. Justyna Dobroszek (University of Lodz) doc. Ing. Zuzana Dohnalová, Ph.D. (Tomas Bata University in Zlín) Ing. et Ing. Miroslava Dolejšová, Ph.D. (Tomas Bata University in Zlín) prof. Ing. Eva Ducháčková, CSc. (University of Economics, Prague) Ing. Ján Dvorský (Tomas Bata University in Zlín) doc. Ing. Milan Edl Ph.D. (Tomas Bata University in Zlín) Ing. Libor Fojtík (Tomas Bata University in Zlín) Ing. Pavel Grebeníček, Ph.D. (Tomas Bata University in Zlín) doc. PhDr. Ing. Aleš Gregar, CSc. (Tomas Bata University in Zlín) Ing. Katarína Havierniková, PhD. (Alexander Dubcek University of Trencin) Ing. Josef Horák, Ph.D. (ŠKODA AUTO University) Ing. Monika Horáková, Ph. D. (Tomas Bata University in Zlín) Ing. Dušan Hrabec, Ph.D. (Tomas Bata University in Zlín) doc. JUDr. Ing. Milan Hrdý , Ph.D. (Private College of Economic Studies)
Proceedings of the 8th International Scientific Conference Finance and Performance of Firms in Science, Education and Practice
Ing. Eva Hr