Under modern conditions for performing business, an enterprise regardless of its size or business activity must be systematically directed and run. Small and medium-size enterprises have certain characteristics that make them considerably different compared to large systems, therefore it is not...

Company's stakeholders make business decisions based on information presented by management. The quality of decisions, among other things, depends on the quality and reliability of information in the financial reports. Business practice demonstrates that managers tend to present a false picture...

The aim of this paper is two-fold. On the one hand, it aims at presenting discussion on advantages and disadvantages of different approaches to well-being, its indicators and measures. On the other, it aims at presenting empirical evidence on the level of well-being of the peoples in the Western...

In modern business conditions, the success of an organization is connected to the leader skills and abilities. Leadership becomes more important every day due to the requests of a turbulent and variable environment which can be satisfied only by organizations led by leaders able to harmonize the...

After the collapse of Communism in 1990, the European Union (EU) has immediately sustained in the process of democratization in the ex-communists countries, and has provided necessary technical and financial assistance in order to place a market economy. The enlargement was (and always is) the...

As the EU expands, the focus is on the Western Balkans region1, which is rich with opportunity and potential. It is experiencing significant improvements in terms of reforms, economic growth and foreign direct investment (FDI). Developing economies such as those in the Western Balkans are...

The collapse of the system of Bretton Woods pushed Tunisia adopted various policies of exchange to avoid imbalances of the balance of payments. Since, this country aimed to maintain or to improve its external competitiveness in order to balance its current account through the promotion of...

The Feldstein-Horioka thesis was considered one of the greatest puzzles in economics. Proposed to be a measure of international capital mobility, has known a process of immunisation to be conformed to empirical evidence and respect econometric knowledge. We apply to the Portuguese economy the...