Agricultural Economics, 2016 (vol. 62), issue 8

Strategic talent management in agricultural and forestry companiesOriginal Paper

Lucie VNOUCKOVA, Hana URBANCOVA, Helena SMOLOVA

Agric. Econ. - Czech, 2016, 62(8):345-3 | DOI: 10.17221/129/2015-AGRICECON  

In a time of a constant change, a company with high-quality, talented employees not only has an advantage in the competitive environment but it is also a more attractive proposition for the potential employees. It is also a 'great place to work' for the existing employees. The article therefore focuses on the approaches to implementing the strategic talent management which are taken by the agricultural and forestry companies. The paper investigates the position taken regarding the talent management in theory. It is based on the aims of a primary survey, the purpose of which was to develop a deeper understanding of the supporting theoretical concepts...

Effectiveness of weather derivatives as a hedge against the weather risk in agricultureOriginal Paper

Ivana STULEC, Kristina PETLJAK, Tomislav BAKOVIC

Agric. Econ. - Czech, 2016, 62(8):356-362 | DOI: 10.17221/188/2015-AGRICECON  

Weather affects the economies worldwide and all economic sectors are to some extent weather sensitive. Agriculture is traditionally highly weather sensitive. While the catastrophic impact of weather has been long recognized, studied and managed the non-catastrophic weather risk gains in importance as the climate change becomes more pronounced. Weather derivatives provide a flexible management solution for the non-catastrophic weather risk. The paper presents weather derivatives as a new weather risk management tool and reviews and discusses the effectiveness of their application in agriculture

Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sectorOriginal Paper

Danuse NERUDOVA, Katerina KRCHNIVA

Agric. Econ. - Czech, 2016, 62(8):363-377 | DOI: 10.17221/222/2015-AGRICECON  

The allocation formula for the distribution of the Common Consolidated Corporate Tax Base (CCCTB) should be based on three macroeconomics factors which are considered to have the largest impact on profitability. The paper researches the ability of the allocation formula factors to explain variability in profit/loss generation of single enterprises from the perspective of the Czech Republic with the special focus on the explanation power of the allocation formula on profit/loss generation of companies operating in the agriculture sector (NACE A). The analysis is based on the comparison of the coefficients of determination as an indicator of the explained...

Testing the effectiveness of the oath script in reducing the hypothetical bias in the Contingent Valuation MethodOriginal Paper

Tiziana DE-MAGISTRIS, Faical AKAICHI, Kamel BEN YOUSSEF

Agric. Econ. - Czech, 2016, 62(8):378-384 | DOI: 10.17221/174/2015-AGRICECON  

The objective of the study is to investigate the effect of the oath script (HO) in an hypothetical Contingent Valuation survey in a Mediterranean country (e.g. Italy). Hence, there were conducted the CE surveys with three treatments: (1) CV without a cognitive task, (2) CV with a CT script, and (3) CV with a HO. The findings showed that the effectiveness of the HO script depends on the participants' socio-demographic characteristics. For instance, it was found that the HO script could help to reduce the hypothetical bias for people who possess a high educational level in contrast with those people with low education and low income. Hence, the findings...

Associations of reproduction and health with the performance and profit of dairy cowsOriginal Paper

Lenka KRPALKOVA, Victor E. CABRERA, Jindrich KVAPILIK, Jiri BURDYCH

Agric. Econ. - Czech, 2016, 62(8):385-394 | DOI: 10.17221/176/2015-AGRICECON  

The objective of the study was to evaluate the associations of the variable intensity in culling of dairy cows and culling due to the movement disorders, mammary gland diseases, long calving interval, low fertility and postpartum complications with production, reproduction and economic parameters on 60 commercial dairy herds. The data encompassed 34 632 cow records from the Czech Republic 12 regions and were collected during a 1-yr period (2012). The milk yield during the production period was analysed relative to the reproduction and economic parameters. The main reasons for culling cows were fertility problems and movement disorders, followed by...