The dynamic effects of Foreign Direct Investment in Portugal allowed for a structural shift in exports towards technology-intensive activities. However, since 2000, several factors, largely triggered by the global financial crisis, led to a drop in industrial output along with a reduction in FDI...

The macroeconomic aspects of the transition experience in the early 90s were a great challenge. Different policy mixes were introduced, both on a country level and among the transition countries. Some of the programs shared similarities to Thatcher and Reagan packages for economic recovery....

The goal of the current research is to examine structural determinants of national debt levels. Mainstream economic theory holds government revenues and expenditures as the major causes of budget deficits and the accumulation of national debt. This paper adopts a somehow different approach,...

Using a sample of U.S. security analysts’ target price forecasts issued over the period 2000-2010, we examine how accounting accruals and accrual components affect security analysts’ target price forecast performance. In this study, we find that analysts’ target price...

This paper analyses the change (1995-2009) and its reasons (Berman Decomposition 1993) of employment structure in China's industrial sectors. Then we test the impact of offshoring on the employment structure based on China’s panel data as a whole and by sector. The conclusion shows that...

Financial literacy is the ability of the individual to make appropriate financial decisions personally. The ability includes understanding the financial products, financial concepts, discussing the financial problems, making choices between managing, spending and saving money and responding to...

This study features the impact of takeovers on the event firms traded on the Stock Exchange of Thailand (SET). The study investigates a long-window abnormal return, or during a period of twelve months before and after the announcements using several metrics. The traditional models and the latest...

The aim of the paper is to draw up a simplified model of an interaction dynamics in work groups. A work group in this model is considered to be a system whose behaviour can be expressed through four variables which are functions of time; to be specific, by means of: the interaction intensity...

This study examines the effect of financial ratios on firm value. For this purpose, the firms in the sectors of Food-Drink-Tobacco and Basic Metal Industry involved in ISE 100 index are examined. In the study, the relation between firm value and financial ratios are analyzed by panel data...

In Romania, the economic agents are used to excessively consume raw materials and energy without ensuring, in compensation, the corresponding added value. Thus, it is no wonder that the insolvency is a frequent phenomenon. Another problem of Romania’s economy is determined by the improper...