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Elka Lubomirova Atanasova
Analysis of Income as a „Generation of Income“ Account Component
Summary:
„Generation of income" account contains information on value added components: compensation of employees, taxes on production and imports, subsidies, gross operating surplus, gross mixed income. It complements the information of "Production" account, allowing analysis of the level of wages in sectors and industries of the economy. Data from this account allow committing the income from productive activity to the results achieved by sectors and economic activities. This article provides an analysis of the statistical information contained in the "Generation of income" account for the period 2000-2012, to identify the formation macroeconomic trends.
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Jana Todorova Rangelova, Galina Rumenova Petrova, Darina Ivanova Kerekovska – Yordanova
Analysis of the Elements of Organisational Culture of “Multiprofile Hospital for Active Treatment – Veliki Preslav”
Summary:
The article is presenting a survey on the organisational culture elements in “Veliki Preslav” MHAT. The information is gathered from employees of the healthcare institution through questionnaires. The prevalent opinion is of strong organisational culture which creates and develops generally accepted behaviour values and norms. The organisation has established values such as personal responsibility, cohesiveness and teamwork. Each of these, separately and together, is particularly important in a healthcare institution where the work process depends on many people organised in teams.
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Daniela Sotirova
Business Ethics and Crisis
Summary:
A transformation of business ethics discourse in modern-day global crises is discussed in this paper. A new conceptual framework and a different intellectual atmosphere for public ethical discourse have been originated. The main question is of changing perspectives to understand ethical issues in business. The problem requires a broad understanding of business ethics as a systematic handling the values in business. Ethics as a critical discipline /i.e. it makes use of critical analysis/ becomes an important perspective of ethical thinking in a situation of global crisis. Analyses and conclusions are based on methods typical for any interdisciplinary applied-oriented study in humanities: interpretation of viewpoints and texts of public leaders in economics, crisis and ethics; comparative and content analyses of social facts and sociological data are used in consideration.
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Svetoslav Iliychovski
Possibilities for Determination of the Liquidation Value
Summary:
Currently, the global and national economies are experiencing an increase in the level of uncertainty, which is remarkable especially in the markets for the most traded assets. This, in turn, affects the activities of companies in terms of prices, demand and supply of specific resources, which makes it difficult to correctly determine the value of enterprises. Evaluation plays a crucial role in balancing the interests of all stakeholders at such a time. In many cases, the appraisers face the task in practice to derive, determine a value different from the market - liquidation, investment and others. In the present study we focus on the possibilities for determining the liquidation value.
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Fotin Marchev
The Ethics of Dimitar Mihalchev – Regulator of Human Relations
Summary:
The article analyses the ethical views of Dimitar Mihalchev, a representative of the Bulgarian philosophical ethical thought. Linking the theoretical - philosophical analysis with social reality, D. Mihalchev advocates for „realistic ethics” as a dynamic system of values, pertaining to all mankind.
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Emil Mihaylov
The Law of Value and the Global Financial Crisis
Summary:
The modern world is in the vortex of an unprecedented as yet crisis. Nobody is capable of predicting neither the scope of the Slump nor its depth. Not to mention its duration.
Most publications related to the global financial crisis concern only the external symptoms of the Slump without looking into its deep reasons and driving forces. Given that, the risk of repeating the crisis in the foreseeable future is not only probable, but almost certain. This paper aims at focusing the attention of the leading economists, politicians and administrators to the forgotten laws and regularities of market economy, underlying and steering the driving forces of the global financial crisis.
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Yoana Petrova
Discrepancies upon Combining Individual and Group Behavoiur in the Organization
Summary:
The activity of certain organization can be determined as effective, if its members have accepted behaviour that stimulates the achievement of common goals. The combination of individual and group behaviour is a complicated and in certain cases continued process which can be accompanied by a variety of difficulties. There exist variants, in which there is a contradiction available between the individual and group. They ensue from: the individual characteristics of each man, his requirements to himself, his value system, his self-assessment, mode of action, aims that he has set to himself, his manner of behaviour and education. It is necessary to try to find ways and means of their overcoming. The combination of the both types of behaviour imposes adapting of a particular individual to the group, subjugation and sometimes denial of the own opinion with the purpose of accepting of the group one. For this purpose the specific ways and means of overcoming the mismatches between the individual and group behaviour in the organizations are pointed out in this article.
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Elena Yordanova
Organizational Culture and Ethical Values
Summary:
Material raises the question of the importance of ethical values and organizational culture that is extremely important status in terms of construction and development of new socio-economic relations in society in a globalized economy XXI v.In modern management science has become view that culture is considered a leading factor in economic development. This demonstrated profound changes in thinking in the humanitarian field and the formation of a new type of government relations and communication management based on shared values between the manager and subordinates in the organization.
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Nora Nikolaeva
Post-crisis or Back to the Future and Beyond
Summary:
The main goal of the article is to define the fundamental reasons due to which the world’s leading economy has fallen into the conditions of global crisis. The advantages of the philosophy of spiritual pragmatism are revealed in search of valuable foundations of the modern world. The article is considering the need of spiritual and valuable reincarnation and the possibilities of economic alternatives and a better thinking along this line. The latter have been represented through the prism of holistic approach.
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Borislav Atanasov
Providing of Consumer Value Through the Price
Summary:
The price is an element which is present in every sale-trade. It is a source of information for the price offering of goods from the same or similar commodity groups, and it is a criterion when the different alternatives are compared and chosen. Therefore it participates in the process of creating and providing of consumer value. Different approaches of providing of value through the price, published in the literature and applicable to the retail trade are presented in the article. Based on that, the differentiated value through the price for every approach derived from the end users in the purchase process is also brought out.
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Penko Dimitrov
Set-Off as a Means for Extinguishing Financial Obligations
Summary:
The widely spread monetary character of financial receivables and obligations allows the use of the legal concept of set-off in financial law as well. This article considers the influence of the specificities of regulated public relations and the sovereign method applied in financial law on the requirements and the conditions for the use of set-off for the purposes of the discharge of financial receivables and obligations.
This article analyses the general and the special legal framework regulating the the requirements and the conditions for the use of set-off for the purposes of the discharge of financial receivables and obligations. It considers different cases where the set-off of financial receivables and obligations is allowed – set-off by revenue organs, set-off by the organ competent to determine the financial obligation, set-off during an enforcement procedure, as well set-off of financial receivables and obligations in accordance with certain special laws.
A particular attention is given to the sovereign act on the basis of which the set-off of financial receivables and obligations is performed – the set-off act, as well as the organs competent for its issuance.
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Boryana Ilieva Evlogieva
Order, Chaos, Control
Summary:
The accent is on the necessity to rethink the chaos as having considerable potential for the realization of unusual management practices. The crisis in the value system is a factor that causes disorder and the permanent values presume order. The article examines the relation between the social system and the natural environment, some management models in the aspect of the following categories: order, chaos, management, individualism and holism.
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William Barnett Ii, Walter E. Block
Scale of Values Violates Singularism
Summary:
There is at the very least a tension between two basic building blocs of Austrian economics. The doctrine of singularism maintains that choice is inevitably and necessarily between two and only two things: that which is chosen, and the next best alternative, which is set aside. However, implicit in the concept the scale of values is the claim that choice can take place over many, many alternatives. If one of these has to be jettisoned, and we argue that one must be, then we vote for the latter.
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Violeta Kasarova, Marcellin Yovogan, Ralitsa Dimitrova, Krasimir Kostenarov
Value Added Creation by Intellectual Capital in Bulgarian Public Companies
Summary:
In this paper we apply the measurements of intellectual capital focusing on the human capital efficiency (HCE), the structural capital efficiency (SCE), the intellectual capital efficiency (ICE) and the value added intellectual coefficient (VAICTM ) developed by Pulic (2000; 2004) for non financial companies listed at Bulgarian Stock Exchange (BSE) using accounting data published with their financial statements for the period 2005-2009. The research is focused on companies in the manufacturing and tourism industry in order to derive any particularities in the measurements. The financial industry is excluded from the study as being specific. At this moment and at our knowledge, there’s no significant research on the value added of intellectual capital of Bulgarian non – financial industry. We extended the formula of intellectual capital valuation and arrived at the conclusion, that intellectual capital is playing an important role in the value creation process in companies listed at BSE. The relationship between the components of VAIC TM and the Tobin’s Q indicator characterizing the market performance of public companies.
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Elena Yordanova
Values and Managerial Communication
Summary:
The material that is presented focuses on the development of the human thought from the collective to the individual consciousness and their harmonious unification in the field of contemporary management. The companies are the environment in which different values are to be encountered, and in which the necessity of agreement between the personal and the collective interests is of major importance for the effectiveness of the managerial communication. The material also emphasizes on values that are vital for the manager and the employees – responsibility and tolerance, and it discusses their application in the process of the managerial relationships.
