During the last decades, traditional manufacturing firms in Western economies have undergone a rapid transformation. Two effects of the globalised economy prompting firms to outsource labour intensive production to low wage areas are the increased market size and the competition. Innovation is a...

There is currently considerable interest in the topic of internal audit and its contribution to exact management of any business economic resources. Within this framework of extremely fluid business environment, the research tested the hypothesis about the role of internal auditing for the...

This study examines the relationship between economic growth as measured by GDP per capita and foreign direct investment for Singapore, using the methodology of Granger causality and vector auto regression (VAR). Evidence shows that there is a unidirectional Granger causation from foreign direct...

Despite the importance and potential role of entrepreneurship for economies in Central and Eastern Europe, little attention has been devoted to identifying which factors contribute to the entrepreneurship in the region. The purpose of the present study is twofold. First, there is a comparison of...

During the last decades, several countries worldwide have introduced financial management reforms, as an important part of the New Public Management (NPM) initiative at one or more levels of government sector, by either replacing or transforming their traditional budgetary cash accounting...

Nowadays, creation, exchange and transfer of knowledge (CETK) are turning into the most significant activity for companies. This article sheds light on Swedish and Bulgarian companies within a mature industry in terms of their knowledge flows for collaboration and innovation. Companies from the...

Considering the investment in education as uncertain financial decision making we modify the short-cut method of calculating rates of return to education by incorporating the risk premium. Recognizing that market risk isn't the only factor affecting returns, we estimate the returns to education...

When evaluating entrepreneurship at the national level, the influence of small and mediumsized enterprises (SMEs) on the state economic development is analyzed. Also, the impact of significant factors (goods and services competitiveness, innovations, diversification, clusterization, creating...

This paper examines the factors that affect inflows - outflows of capital in bond mutual funds that operated in the Greek market during the period 1997-2005. Investors in bond mutual funds do not seek for high gross returns in order to determine their investment decisions in contrast with...

During the last decades, traditional manufacturing firms in Western economies have undergone a rapid transformation. Two effects of the globalised economy prompting firms to outsource labour intensive production to low wage areas are the increased market size and the competition. Innovation is a...