Анализ на брутните експозиции с нарушено обслужване за периода 2011 г. - 2015 г.

Author(s): Nora Stoyanova / Language(s): Bulgarian Issue: 2/2016

The current analysis is based on servicing impaired loans, which produce adverse effects on the country’s economic development and banking system. An impaired loan is also known as “bad loan”. By definition this is a loan in which the value of the collateral is less than the borrower’s outstanding principal cashflow; the borrower’s business is in decline, therefore it is insufficient for servicing principal or interest. These occur either in periods of economic depression or in areas hit by natural disasters.

Предпоставки за развитие на вътрешнофирмено предприемачество

Author(s): Daniela Tsvetkova / Language(s): Bulgarian Issue: 2/2015

Modern business conditions require management demand of new approaches and methods for organizational management. Concept of intrapreneurship is relatively new and has evolved over the past thirty years. The purpose of this article is to reveal the conditions determining the development of entrepreneurship internally in the organization. They would be useful in building a strategy for the development of intrapreneurship. Entrepreneurial activity of the organization is essential to its success in a new business environment.

Професионалната етика в счетоводството

Author(s): Mariya Pavlova / Language(s): Bulgarian Issue: 2/2015

Ethical behavior in business enables a seamless and efficient functioning of the economy. The nature of the accounting profession requires a high level of trust and ethical conduct. The financial scandals, which burst out, have undermined this trust. Nowadays its grounds are being rebuilt through government regulation and university education of future accountants in ethical conduct.

Управленски практики – нови тенденции и реалности

Author(s): Tsvetoslav Gradev,Daniel Marinov / Language(s): Bulgarian Issue: 2/2015

The paper discusses new trends in management practices. Emphasis is made on the necessary change in the management thinking to meet adequately changes in the globalized world. It provides information about STOOS global movement and its ideas. The development explores some of the new methods of management, which are used in Bulgaria.

Демографските проблеми и икономическата сигурност

Author(s): Goran Angelov / Language(s): Bulgarian Issue: 1/2015

For a long time the population of Bulgaria decreased because of the decline in birth rates, increasing mortality, economic migration and others. This can lead serious problems for the country economic security.

Ситуациите на различност в междуличностните отношения – „ситуация-проблем” или „ситуация-възможност”

Author(s): Ivan Stoyanov / Language(s): Bulgarian Issue: 1/2015

The article discusses diversity of situations that arise in organizations. Мajor emphasis on diversity in behavior in interpersonal relations. Consider the impact on the organization as a problem or an opportunity.

Съвременно приложение на франчайзинга през погледа на класическите франчайз теории

Author(s): Iskra Panteleeva,Mariela Vakinova - Petrova / Language(s): Bulgarian Issue: 1/2015

Franchising is one of the fastest developing forms of business which offers opportunities for quick growth and granted earnings. This article presents the classical franchise theories that address the issues related to franchising and the establishment of a franchise system. The main reasons and the possible effects for the increased application of franchise businesses by entrepreneurs are explained in this study.

Подобряване условията на труд в бизнес организациите в България

Author(s): Viliana Trendafilova,Plamena Tursunska / Language(s): Bulgarian Issue: 1/2015

This paper accents on the existing gap between the conceptual development of the employer to the personnel at the organization and practice in Bulgaria as analyses different aspects of the work condition as an important part of the human resource management system.

Рецензия на монография на тема „Възможности за ефективно управление на организационни кризи“ с автор Даниела Йорданова

Author(s): Pencho Penchev / Language(s): Bulgarian Issue: 2/2020

Счетоводни аспекти на квотите за емисии на парникови газове

Author(s): Rosen Kolev / Language(s): Bulgarian Issue: 1/2022

The increase in consumer demand and production capacity of economic entities has a negative impact on the ecological balance in nature. One of the main tasks of the European Union in recent years has been to reduce greenhouse gases and to create certain mechanisms in this direction. These policies create preconditions for reorganization of the activities of enterprises, which requires provision of information in the short, medium and long term. Accounting has a certain place in this regard, which should provide the necessary information for their management.

„Бюджетирането в управленските счетоводни системи на търговските банки“. Монография. Автор: Райна Стоянова Петрова. Велико Търново: УИ „Св. св. Кирил и Методий“, 2021, 152 с., ISBN 978-619-208-278-9

Author(s): Mariya Pavlova / Language(s): Bulgarian Issue: 1/2022

DETERMINANTS OF THE VENTURE CAPITAL

Author(s): Goran Dostić / Language(s): English Issue: 4/2006

In this paper I will briefly discuss and explain my theory and logic behind the determinants of VC financing that I consider most relevant. It is important to understand how they relate to the provision of venture financing and it is directly related to the analysis of the policy attempts to model a venture capital industry in different environments, which is a focus of the next section of this text. Generally, the identified sets of determinants lie in three broad categories. These include: the existence of the avenue of exit for the venture capitalists - usually thought of as the presence of a large and liquid stock market; favorable legal, fiscal and regulatory framework supportive of the private business initiative; and the presence of a strong human capital base.

УСМЕРЕЊЕ ФИНАНСИЈСКЕ ФУНКЦИЈЕ ПРИ UPRAVQLJANJU FINANSIJSKIM РИЗИЦИМА

Author(s): Jožko Peterlin / Language(s): Serbian Issue: 3/2003

Financial policy represents the guidance for decision-making process about fundamental financial goals in a company. We accomplish it with the financial management. One of financial functions goals is financial risk exposure reduction. That is the main reason why companies must incorporate the risk policy and guidance into financial policy. Financial risk guidance depends on risk profile and organisation’s attitude to risk. In accordance with these basic directions, we establish risk identification and measurement techniques, instruments for risk management and requirements for reporting to concerned parties. We can manage risk with internal methods, on spot financial market or with external instruments, represented with derivative instruments. Resulting from the basic risk management guidance, we establish the accounting guidance. This determines recognition and measurement rules for derivative instruments, which depend on the motive for derivative instrument acquirement. The most common motive for using the derivative instrument is financial risk hedging. We affect the planned cash flow realisation with hedging activities, which affect the realisation of planned profitability and company value.

АНАЛИЗА ЕФЕКТИВНОСТИ ОДБОРА ЗА РЕВИЗИЈУ У ПРОЦЕСУ НАДЗОРА ФИНАНСИЈСКОГ ИЗВЈЕШТАВАЊА НА ПРИМЈЕРУ КОМПАНИЈА У ЦРНОЈ ГОРИ

Author(s): Tanja Laković / Language(s): Serbian Issue: 20/2014

One of the indicators of strengthening the confidence of stakeholders in terms of supervision of Board of Directors over the work of management in the process of financial reporting, in the process of audit of company’s financial reports and supervision over the internal and external audit is the establishing and effective functioning of the Audit Committee. The effectiveness of Audit Committee in fulfilling it’s responsibilities, largely depends on the way the Committee is constituted and the activities and initiatives of it’s members in fulfilling the authorities given to them. Basic goal is to evaluate the effectiveness of the Audit Committee in Montenegrin companies in period from year 2009 to year 2011. In the focus of the research are companies from real economy sector, banking and insurance. The data for evaluation of the Montenegrin companies’ audit committees effectiveness has been collected through questionnaire. Results of the research indicate growing trend when it regards the establishing and functioning of the Audit Committee in Montenegrin companies, which is the consequence of sharpening the regulatory demands and the proactive approach of regulatory bodies. The research proves that companies from the banking sector show significantly higher level of effectiveness regarding the functioning of the audit committees than the companies in other sectors.

Use of Information Technologies in Businesses

Author(s): Polathan Küsbeci / Language(s): English Issue: 28/2023

The rapid development and increasing competition conditions in computer and communication technologies in the globalizing world make it necessary for businesses to use information technologies more intensively. Information Technology; It is used in many fields such as education, health, communication, transportation, trade, and entertainment. The use of information technologies offers many advantages for both individuals and businesses. Especially the fact that the internet is the most widely used information technology makes our lives easier and accelerates our work. Information technologies are important in acquiring, storing, and transmitting information and creating a safer environment for businesses to control and manage their processes more effectively and efficiently. At the same time, as a result of the use of information technologies, there is a significant decrease in the costs of the enterprises, and an increase in efficiency is observed. This research, it is aimed to examine the use of information technologies in Türkiye conceptually and observationally in the light of studies in the literature. For this purpose, first of all, the importance of Science, Information, and Information Technology concepts are explained and the characteristics of Information Technologies and their benefits in terms of business are explained. According to the data of the Turkish Statistical Institute (TURKSTAT) after the conceptual framework, the results of the Information Technologies usage research in Türkiye were used as observational in this study. In these observational results; The rates of 'enterprises' access to resources', 'businesses that make e-sales by economic activity group', and 'enterprises that experience breaches of information and communication technologies security' are mentioned.

THE ROLE OF STAKEHOLDER HETEROGENEITY IN THE CORPORATE SOCIAL RESPONSIBILITY – CORPORATE FINANCIAL PERFORMANCE RELATIONSHIP

Author(s): Simon CADEZ,Adriana Galant / Language(s): English Issue: 1/2023

Empirical evidence on the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) remains contentious in terms of both its direction and causality. The presented study explores the intervening roles of stakeholder heterogeneity and the time dimension in the CSR–CFP relationship. We posit that there is a positive relationship between CSR activities towards market stakeholders (employees, customers, competitors) and future CFP and a negative relationship between CSR activities towards non-market stakeholders (NGOs, society, natural environment) and future CFP. A conceptual model is analysed using a sample of 115 Croatian companies. Countering expectations, a positive relationship is observed for all stakeholder groups considered (market and non-market), showing that CSR is a coherent construct regardless of the stakeholder group being studied. The key managerial implication is that socially responsible action is also in a company's economic interest.

Îmbunătățirea performanței sectorului public: puterea implementării guvernanței corporative

Author(s): Daniela Corina Oprea (Bîrlă),Cristina-Elena Voicu,Komalpreet Kaur / Language(s): English Issue: 14/2023

The concept of corporate governance of public entities is evolving. Corporate governance in public institutions, as a method of management and control, requires clear rules and principles of integrity, transparency and accountability, well-defined risk management and control mechanisms, elements that are essential for achieving public entities’ goal, which means meeting public needs. Corporate governance is a process through which management monitors and maintains a corporation’s compliance with laws and regulations. Is it necessary to use corporate governance in public entities? Can it reduce expenditure or budget deficits, ensuring an efficient use of public funds? Can it eliminate corruption and improve the performance of public entities? The purpose of this study is to carry out an academic analysis of the evolution of the corporate governance in public entities and to highlight its effectiveness, through principles that encourage better decision-making and resource efficiency. The applied methodology involves focusing on the in-depth study of the subject using the analytical method. Moreover, the study draws comparisons of different models on the aspects researched, using comparative analysis. In conclusion, good corporate governance is essential for any organization to ensure the sustainability of its resources and operations, with a direct effect on the entity’s performance.

PUBLIC SECTOR/EXPENDITURE REFORMS AND DEVELOPMENT IN NIGERIA

Author(s): U. C. Okolie / Language(s): English Issue: 24/2022

This paper reviews Nigeria’s experience with economic reforms and outlines major policy measures that have been implemented. The paper also addresses three main issues in the public sector of the Nigeria economy, namely, problems in the management of public expenditure, constraints in the implementation of policy reforms to overcome the management problems and prospects of successful implementation of policy reforms, it concludes that given the level of performance of the reform effort, its success may depend on the reform of the public sector financial reporting system by adopting an accounting system that is suitable for measuring performance.

Финансово моделиране в условия на неопределеност

Author(s): Yuliyan Velkov / Language(s): Bulgarian Issue: 14/2022

Financial modeling under uncertainty is an intelligent methodology for examining accounting information. It is developed in connection with the lack of accuracy in the quantitative description of objects in the real economy; reflects the uncertainty, ambiguity and high dynamics of the change of factor influences on the characteristics of the company. By validating conventional means of addiction assessment and analysis, it foregrounds approaches and methods that have the ability to reproduce intelligence. The theoretical and methodological framework of financial modeling under uncertainty is formed by the knowledge of fuzzy sets and related fuzzy quantities, fuzzy mathematics and fuzzy logic. Functionally, it implements the three-stage algorithm for working with controlled approximation – fuzzification the input information, evaluating the complex performance and defuzzification the result. At the same time, the accounting indicators of the company are interpreted according to the characteristics of human thinking, individual/group experience, subjective intuition, preferences. Decision-making is extended to those objects and relationships that are not subject to precise evaluation. Financial management as a whole gains increased utility, ability to emulate human thinking, flexibility, speed, efficiency and easy modifiability.

Accounting and Tax Rules on Specific Tax (HoReCA) - Application - Elimination in the Post-Pandemic Period and with an Economy Threatened by the Crisis of the War of Aggression in Ukraine

Author(s): Gabriela Sandu / Language(s): English Issue: 30/2022

The negative effects of the SARS-CoV-2 pandemic have been felt on the HoReCa industry. The specific tax is removed from the taxation possibilities from 1 January 2023, after five years of application, leaving it up to these taxpayers to choose the best type of taxation. And this is why the government intervened in facilitating taxation, not imposing conditions on the choice of tax on the income of micro-enterprises.