Official list of top500 companies according to annual revenue and net profit is provided and publicized in Hungary every year by contribution of international data service corporations as Bisnode or Creditreform. The reliability of these orders can be controlled through corporate information database of Opten or Central Statistical Office. The main purposes of this study is to identify the most important leading companies of Hungarian food industry on the basis of revenue and net profit after tax orders and to analyse financial features and changes of these in period of 2010-2015. The main focus is on the investigation of capital structure, solvency and profitability (particularly return on equity) using financial indicators. Our hypothesis is that the accompanies of leading position both in revenue and net profit are safe capital structure (low debt and loan ratio), stability in solvency and positive equity risk premium. The research is based on official annual reports, relevant macroeconomic data and international literature of financial analysis.
- Type: Case Study
- Published on: 9th January, 2018
- Keywords: Hungarian food industry, Financial analysis, Equity risk premium
- Received: 18th November, 2017
- Final revision and acceptance: 7th January, 2018
The article describes the main theoretical framework concerning the interpretation of the cultural tourism heritage, by emphasizing the principles of the interpretation, its role in the present challenges created by the tourism development in the new globalized world. The tourism demand trends show that there is an increasing of the numbers of visitors who desire to understand the past, the old cultures, to learn about different cultures and local communities’ way of living, about the architecture and history at the destination. In this context, the interpretation of the cultural heritage has to be appropriated to this democratization of cultural tourism and also to take into account the new technologies which can contribute to achieving the goals of a sustainable tourism.
- Type: Review Article
- Published on: 10th January, 2018
- Keywords: Interpretation of the cultural heritage, Tourism, Visitors, Globalization, New technologies
- Received: 17th December, 2017
- Final revision and acceptance: 8th January, 2018
Generally, in every country, there is supervision of the television broadcasting system. In Indonesia, all television broadcasting is supervised by the Komisi Penyiaran Indonesia/KPI (Indonesian Broadcasting Commission). This commission oversees broadcast television, to ensure all TV broadcasts in Indonesia comply with government regulations. Often the KPI imposes sanctions, but frequent violations still occur. This article describes the results of research on the contradiction between business interests and ethics in the television industry in Indonesia. This study uses the method of evaluation research, where researchers analyze data, here in the form of sanctions documents released by broadcasting commissions. The results reveal that all national private television stations often violate regulations. They prioritize their business interests rather than follow broadcasting guidelines, especially since KPI does not have the full authority to grant and revoke a broadcasting license. The granting and revocation of permits remains under the authority of the government, where political lobbying plays a more significant role.
- Type: Case Study
- Published on: 17th January, 2018
- Keywords: Television Business, Capitalism, Business ethics, Broadcasting License, Broadcasting Guidelines
- Received: 18th December, 2017
- Final revision and acceptance: 14th January, 2018
Among the service industries, the analysis logistics as an academic field which has a great influence on firms’ creation of value and competitiveness, and within this the analysis of firms providing logistics services (3PLP), has become more relevant than in previous years. Among the expectations of logistics service providers, and among the sources of competitive advantage, are timeliness and flexibility, which can only be handled and measured together, because of the integration of services. At the same time, when supply chains (not corporations) compete with each other, we must create the opportunity to manage chains beyond company boundaries. Our aim is to investigate the time-related problems of supply chains (and sections) and logistics service providers, and their consequences and solutions. We have found that the development of time factors which appear and can be measured in the realization of logistics services contributes to the competitiveness of a logistics service company. The performance provided by companies that are integrated into the supply chain’s member companies and operate as flexible logistics service providers can have a significant impact on the (full) operation and efficiency of the supply chain.
- Type: Review Article
- Published on: 23th February, 2018
- Keywords: Logistics, Supply chain, Logistics service provider, Time- based competition
- Received: 1st December, 2017
- Final revision and acceptance: 14th February, 2018
In order to identify the characteristics of ocular trauma in children for design of data analysis based, accurate and targeted preventive measures, we have studied 29 patients who suffered blunt eye trauma, age 18 and below. The following parameters where taken into account: environment, gender, traumatized eye, type of trauma, zone, circumstances, visual acuity and intraocular pressure. Results: Contusions were the most common type of injuries, the most frequent circumstance was contact with a blunt object undetermined intent, and in more than 50% of cases zone II was the most affected. 50% of patients were between 12-15 years, eye trauma caused by aggression was found to be more frequent between 14-15 years, while injuries produced by a blunt object, undetermined intent where found at a younger age, approximately 12 years old. Ocular hypertension or hypotension was found more often in the rural environment. Visual acuity over 0.5 on admission was found in 38% of patients, and on discharge there number went up to 86% of cases. The patients spent on average 7 days in the hospital.
- Type: Case Study
- Published on: 7th March, 2018
- Keywords: Blunt eye trauma, Close globe injury, Pediatric, Visual acuity, Trauma type, Zone
- Received: 15th February, 2018
- Final revision and acceptance: 4th March, 2018