This paper is concerned with two things: finding an objective and easily quantifiable measure of government efficiency and testing possible determinants of such quality. As measures of government efficiency we use the ratios of infant mortality rate to health expenditures as a percentage of GDP...

The higher public investment during times of economic recession is sustained by most economists, starting with Keynes. However, this solution does is not working in economies characterized by a poor efficiency and by corruption in the management of public funds, such as in the case of Romania....

The main aim of this article is to examine the effect of working capital on profitability of Indian firms. We collected data about a sample of 263 non-financial BSE 500 firms listed at the Bombay Stock (BSE) from 2000 to 2008 and evaluated the data using OLS multiple regression. The findings of...