This research explores the relationship among entrepreneurial motivation, related experience, environment hostility and financial success, among small retail business owner managers in Penang, Malaysia. Entrepreneurial motivation was categorized into 5 dimensions which are self-development,...

In this study, a three‐factor model of crude oil prices is estimated, which incorporates a time‐varying market price of risk. The model is able to accurately capture the term structure of futures prices with evidence suggesting that risk premiums in the crude oil market are time‐varying....

This paper compares the performance of three maximum likelihood estimation procedures -quasi-maximum likelihood, Monte Carlo likelihood and the particle filter to estimate stochastic volatility models of short term interest rates. The procedures are compared in an empirical study of interest...

This paper focuses on the issue of participation of Small and medium-sized enterprises (SMEs) in public procurement in Romania, taking into account that this market it is a key factor for stimulating economic growth, contribute to economic recovery, job creation and innovation. SMEs in Romania...

This paper work emphasizes the importance of the strategic management for the present companies, no matter the dimension or the field. More important becomes thou, the implementation and utilization of systems that represents support for business processes and information flows because of focus...

The financial and accounting activity represents an important function of the organisation, through which measurement, evaluation, knowledge, management and control of assets, liabilities and equity can be performed, as well as the outcomes of the economic activity. Risk management process...

The continuous changes appearing in the industrial and economic environment, upgrading of manufacturing technologies, the need to obtain relevant information to facilitate management decision making, have made absolutely necessary the rethinking of the cost calculation system. Both traditional...