This paper proposes the Octograph, a cube-like model of leadership and organizational performance. Eight concepts, placed on eight corners of the cube, create eight triangular models and four processes of Decision-making, Communication, Production and Innovation. The eight concepts are nested...

This paper presents various methods used for estimating the size of the shadow economy. Each method is evaluated and its strengths and weaknesses are discussed, as well as results each method yields. The purpose of the paper is threefold: Firstly, to demonstrate that there is no single...

The Shapiro-Stiglitz model plays an important role in the employment theory. Woodford pointed out the theoretic limitation of the linear worker's utility function in that model. He questioned the model's implication of the secular decline in the unemployment rate when such rate was in fact...

Many entrepreneurs work informally because it is costly to start and run a business legally. Using a dynamic model of industry equilibrium, I show that the costs of the legal system can explain the cross country variability of the size of the informal economy. The model implies that the business...

When a terrorist group's aspirations far exceed the outcomes that can be expected to result from any of the available attack methods, an outcome below the terrorist group's aspiration level is inevitable. A primary prediction of SP/A theory when applied to the study of terrorist behaviour is...

Industrial policy determines the industry's orientation for growth, in line with the economic development stage. The main objective of this article is to establish the sustainability of the relationship between the development of forest resources, on the one hand, and their use in wood and...

Small firms contribute to the economy by creating new vacancies and are the most common business form in the EU. However, small firms are not tended to expand internationally and only a limited number of small firms export to the countries outside the EU. The study aims to investigate...

The purpose of the paper is to expand the knowledge about interfunctional coordination (IFC). The term IFC has been used for 50 years and it extends to many branches. The most popular ones are in marketing, logistics and IT management. The purpose of IFC is to develop collaboration between the...

The problem of nowadays is that consumers lack information on food products, their composition and quality, nutritional value, packaging, its impact on the human health and environment, reuse and recycling possibilities, etc. Integrated marketing communications (IMC) as a business management...

Productivity is crucial for economic growth. In a time of challenges such as the population ageing, a growing migration flows and slowdown of the economy it is very important to know the impact of migrant workers in productivity and development. Therefore, this paper studies relevant migration...