Ooghe and De Prijcker (2006) presented four main types of failure processes. The first describes the deterioration of unsuccessful newly established companies leaded by a management with a significant lack of managerial and industry related experience. The second is the failure process of...

The paper discusses the structural changes taking place in the financial system of the Republic of Croatia after the country became independent. Particular attention is given to the banking system, bankruptcies and rehabilitation of banks. Furthermore, the paper analyzes the development of...

Globalization and strengthening of integration processes have, among other things, also influenced some solutions relating to monetary sovereignty of particular countries. A great number of transition countries as well as some other underdeveloped countries are facing both inefficiency in their...

The purpose of this paper is to obtain and analyse data on the higher education lecturers at the 16 largest, state-owned faculties of economics in seven central and eastern European countries (Bosnia and Herzegovina, Croatia, Kosovo, Montenegro, North Macedonia, Serbia, and Slovenia), about...

The paper discusses the structural changes taking place in the financial system of the Republic of Croatia after the country became independent. Particular attention is given to the banking system, bankruptcies and rehabilitation of banks. Furthermore, the paper analyzes the development of...

This study aims to detect and explain co-movements and spill over effects between American and Croatian stock markets. Following the methodology and findings of Erjavec and Cota (2007), the dependency of the Crobex index to the main US indices (DJIA, S&P500, NASDAQ) is further examined. The...

Cashless society, in which paper money and coins are replaced with virtual money, embodied in RFID, NFC and other electronic chips, or located in the ‘cloud', is fiction no more; it is nearby, and in some countries on the verge of full manifestation. Cashless society is marketed and promoted...

Eurostat (Statistical Office of the European Communities) regularly publishes death rates of enterprises as one of the business demography reports. Building upon this terminology and perceiving that bankruptcy most often indicates near death of a distressed company, we could say that bankruptcy...

This is a Master of Science thesis, written in Croatian language. Only an abstract is available in English.Total fiscal expenditure of bank failures in the Republic of Croatia in 1996 and 1998 were no less than 27% of Croatia's GDP. This is one of the most expensive bank crises in the history of...

The research object of this paper is to scrutinize the risk-adjusted returns of the five largest Croatian open-end equity mutual funds (ZB Aktiv, PBZ Equity, Raiffeisen Central Europe, Erste Adriatic Equity, and ZB Trend), and to compare each of them individually with a selection of the...