Strong more than doubled crude oil price rise from 2002 to 2007 brought significant profits to oil companies worldwide. Rising revenues, profits and increasing shareholders wealth are consequence of this favorable situation. Being non renewable resource, unequally distributed, responsible for...

Balkan countries, block of Albania, Serbia, Bosnia, Bulgaria, Romania, Montenegro, Macedonia have somewhat specific path toward future economic growth . Although some of them are part of EU community ( Bulgaria Romania ) and they have experienced the highest GDP growth rate 2014/2000 ,...

Recent attempts of wage rise , problems of security at work place as well as many findings about child labor in Bangladesh were primary cause of writing this paper. But problems have deep roots: from world separation of capital and labor, profit increasing scenarios with labor inputs, human...

Impact of 2008 crises was visible in the whole world: GDP shrank; unemployment rose and many debts could not be paid. Crises in Croatia, unlike many other EU economies, prolonged although new political steps followed such as becoming a new EU member and getting a bigger opportunities. Paper...

Central Banks have gained much credibility in controlling one important macroeconomic variable: inflation. This paper tries to examine the relation between inflation and other economic variables in Croatia by searching for the best forecasting model.

Making the taxes acceptable to large number of people by allocating their obligation to the chosen project is the main subject of this paper. In this way a greater objectivity, transparency and local goals are set in according to the preferences of the tax contributors. State Investment office...

The problems that are seeing by paper is to examine to what extent accounting reports can provide us with the true picture of company performance and finds the way how to broaden accounting reports in order to incorporate other relevant information (News in TV, newspapers, education, moral...

This note demonstrates how performance measure congruity and noise determine an agency’s total surplus within an linear agency framework with multiple tasks. It provides a decomposition of agency costs, leading back to a congruity index previously proposed in the literature. In addition,...

We develop a model to show that cartels that produce goods with lower durability are easier to sustain implicitly. This observation gen- erates the following results: 1) implicit cartels have an incentive to pro- duce goods with an inefficiently low level of durability; 2) a monopoly or explicit...