-
Desislava Aleksieva
Administrative Activity and Social Potential in Public Administration
Summary:
The subject of the study is to uncover new, intangible resources in the field of administration and management. The main objective of the article is to explore the relationship between administrative behaviour and social potential.
Administrative behaviour is considered as a collection pattern of behaviour and relationships at different hierarchical levels. The social potential ensures the implementation of the main activities in the public administration, evolving in employee-society relations and attributing to concrete public benefits.
-
Metody Kanev
In the Focus - University Activity. Reference Point - the Market
Summary:
-
-
Valentin Milinov, Daniel Danchev
Opportunities for Financial Stimulation through The BDB of Investment Activity with Moderate Investment Risk
Summary:
The investment activity of SMEs is the main priority of every government in Bulgaria. The coming recession is testing the activity of all economic agents and for this purpose the preferential financial stimulation of the state through the BDB will encourage their entrepreneurship and investment activity, which are directly related to the improvement of management qualifications and the possibility of underestimating the investment risk. This will ensure the improvement of the financial stability of the economy in the conditions of a dynamically changing competitive market environment.
-
Stefan Simeonov, Teodor Todorov, Daniel Nikolaev
Determinants of Stock Exchange Activity in the Conditions of the Bulgarian Fund Market
Summary:
Popular scientific and practical researches on stock exchanges usually consider price indicators, especially stock indices, which essentially reflect economic expectations. Unlike those, the present study focuses on stock market activity, measured by the direct stock exchange indicators – stock exchange volume and stock exchange turnover. We have selected seventeen determinants of stock exchange activity, which are initially subject to correlation analysis together with the two indicators. Relatively weak dependencies on macro factors have been found as for the natural indicator (the stock exchange volume) and slightly stronger dependencies of the price indicator (the stock exchange turnover) have been established. The subsequent causality analysis, based on the Granger model, sheds light on some of the more significant determinants of stock exchange volume and turnover at the Bulgarian Stock Exchange. In the monthly surveys, the stock exchange volume factors are inflation in Bulgaria, silver and platinum price changes and, regarding stock exchange turnover, Leonia + interest rates and quotes in addition. In the quarterly observations, the amount of household deposits appears with impact that is more significant.
-
Tatyana D. Odinokova, Jelena Lukjanova, Valentina Djakona
Innovative Activity of Small and Medium-Sized Enterprises as a Factor of Economic Growth
Summary:
The article focuses on the innovative activity of small and medium-sized enterprises and on their role in the economy of Latvia. Despite the economic growth, which has been observed in the national economy during recent years, the innovative activity of most enterprises remains rather low. The transformation of the Latvian economy in the context of modernization implies the increase in its competitiveness on the European and global markets and therefore leads to the increase of the role of SMEs.
-
Milen Atanasov
Critical Analysis of the Rights and Obligations of the Insurance Broker Defined in the Insurance Code
Summary:
In the present work, the rights and obligations of the insurance broker (IB), which are covered by the insurance and reinsurance activity carried out by him, are examined and systematized, according to the Bulgarian legislation. The manner in which the remuneration of the IB is determined and negotiated and the possibility of its deduction from the amount of the insurance premium is presented. The circumstances under which IB has the right to receive both insurance premiums and important information relevant to the insurance risk, as well as documents on insurance claims, are specified.
The obligations of the IB related to its information and consulting activities in informing the users of insurance services about the most rational coverage of the various types of insurance products are covered and analyzed in detail, directing individually to the most suitable of them. The obligations of the insurance company are also presented, extending to the conclusion of insurance contracts, establishing the insured event and its consequences, as well as its administrative legal obligations.
In following up and analyzing the individual types of rights and obligations of the IB, a number of proposals have been made to supplement and improve the current regulations.
-
Iliyan Nikolaev Hristov, Lyubomira Georgieva Dimitrova
Measurement of the Term “Readability” in the Annual Activity Reports of the Bulgarian Public Companies
Summary:
The text of public disclosures is a basic unit of communication between the enterprise and the external users concerned, in particular - the investors. The aim is for the latter to obtain information regarding the results from the activity of the enterprise, its financial position, as well as its prospects for development. A condition for achieving efficiency in this process is the ease of understanding of the published textual information, contained in the financial statements. It is essential that it is complete, accurate and reliable, presented unambiguously, clearly and specifically so that it is easily perceived and understood by its users. For this reason, the empirical study of the "readability" factor of the information disclosed in the annual reports on the activities of the Bulgarian public enterprises is of great interest.
-
Gerganta Tsoncheva Petkova
Specificity in Disclosure of Segment Information
Summary:
The aim of this study is to highlight the main problem areas in the disclosure of segment information by transnational companies. In them is characteristic the broad diversification that is associated with operating simultaneously in different economic spheres and in different geographical areas, and this determines the relevance of the topic. This in turn gives rise to the need for adequate accounting information that presents activity by individual component segments. In the development of the article the methods of analysis, synthesis and comparison. As globalisation processes accelerate, the number of organisations operating in different geographies and economic areas. The variety of activities they carry out are characterised by different risks, opportunities for growth and rates of return, and in order to be able to evaluate and analyse these necessary to present their activity by segment. As a result of this study, the following stand out several key points in the disclosure of segment information in recent years by transnational companies, namely: providing the opportunity for external users to get a fuller picture of their activities; the provision of information on different types of business activities/segments and different economic environments helps to better understand and subsequent valuation of a company; allows for a deeper analysis of the the past development of the enterprise, etc.
-
Stanislava Stoyanova
Specifics of the Team Approach for Collection
of Management Decisions in the Modern Organization
Summary:
This scientific article examines the specific features and challenges of decision-making in terms of teamwork, and its main purpose is to present their role and influence in achieving efficiency in the management of modern organizations. It examines theoretical statements that describe the nature and some patterns of the decision-making process in the team form of activity, its stages and ambivalent characteristics. The emphasis is on the development of ideas about the role of the team in achieving effective management of organizations. After studying the above features, the basic factors influencing the efficiency in the process of making management decisions are derived.
-
Elitsa Krasteva
The Technological Audit as a Tool for Development of Innovation Strategies
Summary:
The article focuses on some important planning aspects of the development of business innovation strategies. An emphasis is put on procedural specifics of the technological audit of companies in the cosmetics sector. The possible parameters for utilization of their innovative potential have been outlined.
-
Desislava Aleksieva
Communication Management in Co-Activity Environment
Summary:
Communication is an essential part of the management activities. It appeared and developed under the influence of several factors in a defined medium.
The ability to influence management communication affects and forms co-actors – positive, negative and neutral; and contributes to the total score and specific relationships in the organization.
The structure of the article is as follows: introduction; part one presents the role of co-activity environment managerial communication; part two presents policy and law as a compensatory mechanism of the co-activity system; part three examines the development of management relations in terms of co-activity; and conclusion.
-
Dimitar Kolev, Elizar Aleksiev Stanev
Facebook Usage for Marketing Meàsurements (by the Example of Meat Industry Organizations in Bulgaria)
Summary:
The significance of social networks for the business as a part of marketing instruments is constantly growing, which requires constant observations and studies of different opportunities for conducting marketing researches. In this article some of the methods for marketing research in Facebook’s fan pages for key meat industry producers in Bulgaria have been shown. A comparison between the selected fan pages and other leading Facebook fan pages from Bulgaria has been made. On the basis of that analysis some key prepositions have been presented.
-
Stoyan Nalbantov
“Money Laundering” Phenomenon as a Threat to the Stability of the National Economy
Summary:
This article examines the nature, complexity and specific features of the term “money laundering” as an activity of legalization of illegally obtained funds and their presentation as coming from a legitimate economic activity. What are clarified are the stages through which the process of “dirty” money laundering (placement, layering and integration) passes using multiple operations and schemes of different types and complexity. Outlined are the negative consequences and effects from the integration of criminally acquired profits in the financial system and their impact on the economic, political and social life of the country.
