The goal of the present study is to examine the sustainability of banks' efficiency in the EU27 member states in the period from 2005 to 2008 after the last enlargement of the EU and to test for eventual association with economic performance. We were interested in the differences of the banks'...

This paper tackles the question of fiscal sustainability in current times of fiscal and economic crisis. We analyse how much space do fiscal policies have in EU member states for battling the crisis under the assumption that they want to remain fiscally sustainable. We use a derivative from...

Th is paper aims to analyze the residual income of the Slovenian and Croatian hotel industry for the period covering 2005–2008. Th e residual income not only looks at return on invested funds, but also implicitly compares it with the risk adjusted opportunity cost of such an investment. Th is...

The purpose of the paper is to assess the equity value of Slovenian publicly traded companies, before and after financial-economic crises, on the basis of discounted free cash flows to equity and to compare it with market equity values of companies. The fundamental equity value of the selected...

The purpose of the paper is to present the theoretical and empirical analysis of the causal relationship between company’s investment and profits. Following the previous research findings that are not unanimous, we examined the causal relation between profits and investment both at the...

The paper deals with the estimation of weighted average cost of capital (WACC) for regulated industries in developing financial markets from the perspective of the current financial-economic crisis. In current financial market situation some evident changes have occurred: risk-free rates in...

In this paper we present the case of Slovenian public limited companies based on the discounted free cash flows to equity and comparing it with market value of equity capital of companies before and during the financial-economic crisis. The purpose of this paper is to discuss the equity value of...

This paper studies the relationship between leadership as an activity of business process management (BPM) and company performance. Business process data about leadership and business processes in SMEs were collected via questionnaires on the population of 3007 SMEs in Slovenia. Aspects of...