The role and position of the manufacturing sector changes over time. Its importance in the sustainable growth of the economy, innovations, trade, reducing energy demand, and environmental problems is currently being shown again. The study underlines the significance and importance of the manufacturing sector in the economy of countries, and the generally applicable economic principles are explicitly examined in regard to the manufacturing sector. It examines whether selected economic indicators of the manufacturing sector in the region of the Visegrad Group countries can affect the level of average wages in the sector. Wages represent a key determinant of attractiveness, as well as the potential to increase the standards of living and the long-term sustainability of a given sector. The selected economic indicators for the period 2008–2019 concerning average wages in the manufacturing sector were: FDI Flow, GDP, labour productivity, employment, and the number of hours worked in the manufacturing sector. The source of secondary data was the OECD database. A multiple regression model was used and tested. The suitability of the proposed model was tested using the ANOVA method. A significant effect was shown in the case of two of the examined variables, namely the GDP and employment in the manufacturing sector. Based on the findings of the study, it can be assumed that the sectoral GDP can positively affect average wages in the sector and the level of employment in manufacturing can negatively affect them. The summary of implications and proposals indirectly supports the need to develop and introduce innovations, new technologies, automation, and robotization, as well as for further implementation and support of Industry 4.0 and 5.0.

Entrepreneurship and Sustainability Issues is a peer-reviewed journal which publishes original research papers and case studies

Business confidence can be a very important predictor of future development and sustainability in a selected industry. It is one of the economic sentiment indicators belonging to the most important indicators of the health of the economy. This paper examines the relationships between the Business Confidence Indicator (BCI) of the manufacturing sector and the production, production prices, and interest rates of two neighbouring countries, the Slovak Republic and Hungary. These relationships are examined within the manufacturing sector because it has long been the driving force of sustainable economic development and has significant spill-over effects on the other sectors of the economy. A cluster analysis is performed with the aim of positioning the selected countries into clusters within the OECD countries in relation to the examined variables. Multiple regression models were used to verify the mentioned relationships between variables, separately for each of the two analysed countries. The coefficients of determination are not too high (Slovakia 0.5 and Hungary 0.38), but in the case of sentiment, they reach higher values than in comparable research. Data from the freely available OECD database was used. It can be concluded that the results show positive relationships between the BCI and the production and long-term interest rates, and negative relationships between the BCI and the Producer Prices Index (PPI) and short-term interest rates. The relationship with the short-term interest rates cannot be confirmed in the case of Hungary. Other differences are also shown in that a higher PPI can negatively affect the BCI more intensively in Hungary (regression coefficient 0.18), and that in the case of the Slovak Republic, it appears that the level of influence of the long-term interest rates on the BCI is higher than that in Hungary (the difference between the regression coefficients is 0.27). Practical implications are stated for relevant institutions in the country in three areas: (1) in support of increasing production; (2) in the regulation and subsidization of input production costs; (3) in the stabilization of the lending behaviour of financial institutions.

Entrepreneurship and Sustainability Issues is a peer-reviewed journal which publishes original research papers and case studies

The primary principle of accounting is true and fair view of all the facts subject to the accounting. The fair presentation is ensured through the compliance with the principle of prudence. This principle means that, at the balance sheet day the entity takes into account the expected risks and losses related to assets and liabilities; and that are known at the balance sheet date. The expected risks and losses are reflected in the accounting through provisions and adjusting entries. The adjusting entries are created when the transitional impairment of assets takes place. The paper deals with the issue of creation of adjusting entries for receivables in the Slovak enterprises in terms of taxation and accounting. The adjusting entries for receivables must be created if it is reasonable to assume that the debtor is unable to pay the full amount or part of it. We will analyse and examine the importance of adjusting entries, difficulties in creating adjusting entries for receivables and their impact on economic performance of selected companies. In the research part of the paper will be used appropriate mathematical and statistical methods and based on the results of the research evaluation conclusions and suggestions will be drawn.