Showing 1 - 10 of 182
The aim of this paper is to present how we can approach and explore the field of entrepreneurship phenomenon in an … management research. We hope to outline how we can approach topic of entrepreneurship using alternative, not mainstream method … entrepreneurship was Baumol (1990) who analyzed perceptions of entrepreneurs from historical perspective. He has distinguished three …
Persistent link: https://www.econbiz.de/10011258249
financial reporting on a sample of CEE countries. Thus, the specific objectives of the paper are: 1) to provide an operational … variable is a dummy aiming to capture the specificity of IFRSs’ endorsement for unlisted entities in CEE countries and the …
Persistent link: https://www.econbiz.de/10008756491
The dominance of foreign capital in banking sector in the CEE countries created vulnerabilities that have been a … crisis 2007-2009 in selected CEE countries: Czech Republic, Hungary and Poland. Those three economies managed to maintain … particular in banks, and regulators. The research confirms that banks in CEE continue being role models for non …
Persistent link: https://www.econbiz.de/10011259720
We present an experimental and simulated model of a multi-agent stock market driven by a double auction order matching mechanism. Studying the effect of cumulative information on the performance of traders, we find a non monotonic relationship of net returns of traders as a function of...
Persistent link: https://www.econbiz.de/10005790311
Recent studies of developing countries have suggested that the effectiveness of foreign direct investment (FDI) as spur to econo mic growth depends on the availability of "human capital" or skilled labour in a host country. In other words, it is primarily the synergy between FDI and human...
Persistent link: https://www.econbiz.de/10005786927
This paper studies the entry decision of a multinational enterprise into a foreign market. Two alternative entry modes for a foreign direct investment are considered: Greenfield investment versus acquisition. In contrast to existing approaches, the acquisition price and the profits under both...
Persistent link: https://www.econbiz.de/10005649779
In the course of the EU enlargement process, the participation of accession countries in the European Monetary Union might lead to a significant redistribution of seigniorage wealth if current regulations prevail. In general, accession countries will be winners from this redistribution, for...
Persistent link: https://www.econbiz.de/10005649819
There are two important effects of foreign direct investments (FDI) on a host economy: the effect on economic growth and the effect on export performances. Both economic features are important for the transition economies' prospects of European Union (EU) accession. After a short review of...
Persistent link: https://www.econbiz.de/10005789947
The Central European countries became members of the European Union (EU) in May 2004. Has their accession into the EU also resulted in a stronger financial integration with the global economy in general and with the "old" EU countries in particular? Based on a cointegration analysis applied to...
Persistent link: https://www.econbiz.de/10004998480
In this paper we survey the common explanations of barter in transition economies and expose them to detailed survey data on 165 barter deals in Ukraine in 1997. The evidence does not support the notion that soft budget constraints, lack of restructuring, or that the virtual economy are the...
Persistent link: https://www.econbiz.de/10005121226