The issue of effective management accounting systems, and especially the resource allocation procedures, have attracted considerable interest among higher education institutions in recent years. Relevant previous research indicates that several universities adopt different approaches to the...

The determinants of corruption have been debated by economists and non-economists for the past few decades. However, no consensus has been reached about the exact determinants of corruption and as well the direction of the effect of some the known key variables used in corruption studies. Most...

This article investigates the relationship between corruption and firm performance in Greece using firm level data. Corruption is overall negatively associated with firm size and growth at the firm level. We focus on the effect of ‘administrative corruption’, whereby firms engage in corrupt...

This paper presents a model of political competition to explore the effect that the ideological distance between two political parties has over the provision of public goods. The main result argues that the ideological distance between parties and citizens has a negative relationship with the...

Commercial banks are typical hierarchical organizations, in which the multipleprincipal-agent problem exists and induces serious internal collusive corruption. This article analyzes the collusive corruption between credit supervisors and credit managers in bank credit activities, through three...

The subject of Climate Change is here to stay for at least the rest of the 21st century. The extent to which climate change can be expected; the importance in its determination of anthropogenic factors, relative to natural causes; its impact on world agriculture, migration patterns and economic...

Erdgas gewinnt weltweit immer größere Bedeutung bei der Umstrukturierung und Dekarbonisierung von Energiesystemen. Es ist flächendeckend verfügbar und flexibel einsetzbar in Verstromung, Industrie, Verkehr und im Haushaltsbereich. Im Vergleich zu anderen fossilen Energieträgern wird bei...

Article refers to the issue of credit risk management in commercial banks. Particular attention is paid to the problem of stress testing. In addition, methods are presented that allow prediction of the losses of the portfolio in the context of extreme events relating to the crises of financial...

The present economic and financial crisis has underlined the importance to financial institutions and investors of having access to efficient methods of quantifying credit risk, or the probability of default. The logit models are among the techniques commonly used by large organizations and...

We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...