ORIGINAL_ARTICLEStrengthening the transparency of the legislation and decision making process should contribute to the reduction of negative impacts often connected with lobbying. The aim of the article was to determine options for lobbying transparency increase and their evaluation from the viewpoint of regulatory costs. Cost Benefit Analysis (CBA) which is the core method of Regulatory Impact Analysis (RIA), is used. The basic options were determined. Zero option was defined as the preservation of the current legislation and non-transparent lobbying. Option I is the possibility of increasing the transparency of lobbying by introducing measures related to lobbyists. Option II represents an increase of transparency in terms of lobbying targets. Option III is defined as an increase in lobbying transparency by means of sunshine principles; the increase of lobbying transparency by monitoring and sanctions is included in Option IV. Regulatory costs, specifically the compliance costs and other regulatory costs, have been defined for all five options.https://acc-ern.tul.cz/archiv/PDF/ACC_2018_2_01.pdf2018-09-3071910.15240/tul/004/2018-2-001TransparencyLobbyingRegulatory impact analysisCost benefit analysisRegulatory costsPavlaBednářová1AUTHOR

ORIGINAL_ARTICLEPersonal data protection represents an issue which began to be dealt with in the context of religious conflicts and came to the fore after the Second World War when possible negative consequences of the misuse of personal data were made visible. Personal data protection is currently mentioned in relation with the implementation of General Data Protection Regulation (GDPR) by EU member countries. The objective of this article is to evaluate attitudes of further specified research sample consisting of entrepreneurial entities doing business in the Czech Republic to the changes set by the new legislative regulation of data protection. This article presents mainly the results of quantitative research based on data gathered through a questionnaire survey processing, identifies the weak areas of GDPR implementation process and proposes possible improvements leading to a more comfortable transition of business entities to the current legislative conditions in the area of personal data protection set by the European Parliament and the Council of the European Union.https://acc-ern.tul.cz/archiv/PDF/ACC_2018_2_02.pdf2018-09-30203110.15240/tul/004/2018-2-002Business entitiesGDPRPersonal data protectionData protectionGeneral regulationMarieČerná1AUTHORRadekSieber2AUTHOR

ORIGINAL_ARTICLEThis study describes the application of sensitivity analysis when determining the influence of wage growth on profitability of products made by a bakery in the Czech Republic. Sensitivity analysis of the profit was conducted for three best-selling products of the bakery: the loaf of bread, the roll and the bun using cost calculation of the products together with information about their sales and purchase prices of inputs in the production process in 2009 – 2017. The results of the study show that wage growth was not the factor with the greatest impact on profitability of any of the three products. The most significant factors linked with the three products were their selling prices and flour purchase prices. Furthermore, it was proved that wage growth did not threaten any of the analyzed products in terms of their profitability.https://acc-ern.tul.cz/archiv/PDF/ACC_2018_2_03.pdf2018-09-30323910.15240/tul/004/2018-2-003Sensitivity analysisFood economicsBaking industryProfitability analysisCost calculation.JakubDyntar1AUTHORDana Strachotová2AUTHOR

ORIGINAL_ARTICLEThis article focuses on the issue of the sensitivity curve as an indicator of risk during decision-making process. The aim of this article is to present the measurement capabilities for sensitivity of the decision-making process within the issue of the use of quantitative methods in managerial decision making. The approach that is presented in the article uses the measurement of the sensitivity of the decision-making model to its input parameters. The whole decision-making process is a multiple-criterion and to determine a compromise variant there is Weighted Sum Approach (WSA) method used. This article uses the coefficient that determines the percentage change that is necessary to choose the second best option. In addition this approach is supported by formation of sensitivity curve. This curve represents the change in value of the output (using method WSA) when changing the selected input parameter of decision-making process. To build a sensitivity curve there is probabilistic simulation approach (Monte Carlo method) used.https://acc-ern.tul.cz/archiv/PDF/ACC_2018_2_04.pdf2018-09-30404610.15240/tul/004/2018-2-004Sensitivity curveRisk analysisMonte Carlo simulationMultiple-criteria decision makingKarel Chadt1AUTHORMartin Petříček2AUTHOR

ORIGINAL_ARTICLEThis paper is focused on the topic of family business. The aim of this paper is to discuss the situation of family business in the Czech Republic in details, mainly the question of succession. Firstly, there is a theoretical part that concentrates on a definition of family business in general. Further, the theoretical part discusses succession in family businesses. Secondly, there is the practical part that concentrates on family business in the Czech environment. The analysis is conducted on the basis of a questionnaire survey among a sample of Czech family businesses. The results of the practical part indicate the current situation of succession in this specific segment of entrepreneurial area.https://acc-ern.tul.cz/archiv/PDF/ACC_2018_2_05.pdf2018-09-30486010.15240/tul/004/2018-2-005Family businessFamily membersSuccessionQuestionnaire surveyKristýna Machová1AUTHOR