One of the most popular topic in the organisation and management during the last 15 years has been the subject of business processes. The present paper presents fundamentals of the theory of procedural analysis. Procedural analysis is an organisation improvement method elaborated at Tallinn...

The paper studies the financial market efficiency based on the data from Tallinn Stock Exchange, the rationality of expectations that is treated as financial rationality and the time series properties of inflation time series to get the forecasting model. The hypotheses to be tested are of...